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NEW YORK CITY — New York City-based Eastern Union Commercial has arranged a $34 million loan for the refinancing of a four-building, 580-bed nursing portfolio in New York and New Jersey. Three of the properties are fully operational, while the fourth, a 120-bed skilled nursing facility, is currently under construction. The project is expected to be completed at the end of 2012. Abraham Bergman of Eastern Union secured the 5-year loan through M&T Bank. The borrower is a privately held nursing home owner and management company.