New hire has over a decade of experience
Eastern Union has announced the addition of Jarrod Glodt (pictured) to its team as a senior loan consultant. Glodt brings to the company over a decade of experience in commercial real estate lending, ground-up construction, and investment real estate development.
Glodt hails from Denver. He previously held the position of vice president and senior relationship officer at UMB Bank. Prior to his tenure at UMB Bank, Glodt served as a business development officer at Wells Fargo and as a business banking officer at US Bank, according to a news release.
He has managed transactions involving owner-occupied real estate and was described as having extensive knowledge in SBA 7A and 504 lending, including those related to mergers and acquisitions. He also has experience in executing transactions in support of tenant improvements, working capital and lines of credit, equipment lines of credit, and equipment finance.
His appointment at Eastern Union is expected to further bolster the firm’s operations, particularly in the Mid-Atlantic Region office in Bethesda, MD, where he will report to Eastern Union’s senior managing director Marc Tropp.
“[Glodt’s] on-point banking world experience will sharpen Eastern Union’s ability to evaluate transactions from the lender’s perspective,” said Abe Bergman, president and CEO of Eastern Union, expressing his confidence in Glodt’s ability to enhance the firm’s capabilities in commercial lending.
“Over the years, I have had the opportunity to build a wide network of relationships across the commercial real estate world. Now, as a member of the Eastern Union team, I will have the opportunity to apply these relationships on a broader level and offer a full spectrum of services to my clients,” said Glodt.
Founded in 2001, Eastern Union is a national commercial real estate firm that provides financing services and capital markets advisory services. The firm handles transactions of all sizes across the United States, including conventional commercial mortgages, structured debt, healthcare, hospitality, and investment sales.
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