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  • Search Engine for Commercial Real Estate Released


  • 11/07/2006 - Search Engine for Commercial Real Estate Released

    New York, New York - November 7, 2006 - Commercial real estate brokerage, Eastern Union Commercial, has developed RealProspex, designed to be a comprehensive database, providing specifically-tailored deals, as an online service for automating commercial property searches.

    The database is designed to provide sales brokers with a more efficient way to monitor buyer interest and bid activity on each property. RealProspex will only send buyers a deal if it matches their specific criteria. Through RealProspex, commercial real estate buyers and investors are only shown properties that are relevant to the detailed profiles they create, yielding a highly targeted deal selection. Additionally, each offering undergoes a thorough underwriting analysis by Eastern Union's finance experts, ensuring that the deal truly meets the buyer's criteria. Buyers and investors can access the new property matching service by registering for the beta version at RealProspex.com free of charge.

    Ira Zlotowitz, President of Eastern Union Commercial remarked, ''We developed this portal to capitalize on the extensive deal-flow at Eastern Union. Our mortgage clients had always wanted to know what we have seen for sale and with RealProspex they can find what they seek.''

    Abraham Bergman, Principal of Eastern Union Commercial added, ''We believe that buyers are seeking deals in an environment where opportunities are presented clearly and efficiently.''

    Eastern Union Commercial is a commercial real estate brokerage, with ten offices nationally, specializing in multi-family, retail, office, industrial, healthcare, mixed-use, hotel and construction loans. Over the last 12 months, the company has negotiated over $1 billion worth of real estate transactions throughout the country.



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