Ira Zlotowitz, the youngest president of any top 10 mortgage brokerage, took the commercial real
estate industry by storm at the age of 21. His story starts at Meridian Capital, where he integrated
mastery of the cold call into the company’s business model, trained several large teams of callers
and was responsible for the launch of new offices nationwide. This campaign, the success of which
would repeat itself, expedited unprecedented growth for the company. A year prior to his first at
Meridian, the company closed $300 million in loans. Just four years later, in his final year there, they
closed over $2 billion.
In 2001, Mr. Zlotowitz formed Eastern Union Funding. Together with Abraham Bergman, he built
Eastern from a four-person office in Brooklyn into a national firm, with over100 real estate
professionals. Meanwhile, the company has taken off. The company closed $3 billion in 2014. In a
three year cycle beginning in 2010, Eastern Union achieved 253 percent growth, according to data
from Crain’s New York Business Journal. Further, Eastern Union launched an equity division and
unveiled a prepayment refinancing option. Mr. Zlotowitz and his team at Eastern, established their
presence, and amplified their impact by working actively with a growing network of roughly 85
lenders. Eastern stays ahead of the pack by developing its data resources and employing the talent
of brokers who remain in command of the often fast-paced and challenging evolution of the market.
For this, Mr. Zlotowitz and the company he founded have won numerous accolades. The New York
Times recently featured Mr. Zlotowitz for Eastern Union’s successful navigation of the industry. That
story was inspired by the unmatched growth of Eastern Union and Mr. Zlotowitz’s results-driven,
tenacious and sometimes contagious attitude to the business of which he is a scholar. His story has
proved interesting to others as well. In 2005, the then-29-year-old real estate professional, Mr.
Zlotowitz, earned coveted placement on Crain’s New York Business’s “Forty-Under-40” annual
feature. More recently, Eastern Union was listed by Inc. Magazine as the number one fastest
growing real estate company in the United States. Crain’s, meanwhile, revisited Mr. Zlotowitz’s
activity when Eastern Union was listed in the publication’s “2014 Top 50 Fastest Growing
Companies in New York City.”
Mr. Zlotowitz has offered numerous real estate courses to the public and remains deeply involved
with furthering education. Actively participating in, and contributing to, several curriculum-related
charities and programs, one of which he founded himself at age 19 and is still massively successful
today. Mr. Zlotowitz resides with his family in Lakewood, N.J. For more about Ira, visit www.easternuc.com/iraz.