The New Eastdil Secured
It is our pleasure to welcome you to the next exciting chapter for Eastdil Secured. Following a successful partnership with Wells Fargo over the past 20 years, Eastdil Secured has announced that it has entered into a definitive agreement on a management-led recapitalization in partnership with Temasek, a global investment company headquartered in Singapore, and certain institutional clients of Guggenheim Investments. Our paramount goal in completing this transaction is to position the firm to even better serve our clients in the ever-changing commercial real estate market.
At Eastdil Secured, we know that our firm succeeds when our clients succeed. That is why we are so proud of our track record of supporting our clients on some of the largest, most impactful transactions across property types. Since our inception, our mission has been to create value for our clients through creative and actionable ideas and flawless execution, and to be the most trusted advisor in the real estate capital markets. Through this transaction, we will be able to accelerate growth, increase investments in technology, expand our footprint and maintain deeper global relationships – all with the goal of serving our clients even better.
Once the transaction is completed, which we expect to occur by the fourth quarter of 2019, Eastdil Secured will become a privately held firm. Ultimately, our new ownership structure will allow us to continue providing truly independent, global advice, enabled by Eastdil Secured’s unique team-oriented culture and non-commission compensation structure that ensures our clients receive differentiated guidance in an increasingly competitive market. We are as confident as ever in our ability to reach new heights and deliver unparalleled service and expertise as a standalone entity.
On behalf of the entire Eastdil Secured team, we thank you for your support and hope you share our enthusiasm about our exciting future ahead.
A low-profile powerhouse, Eastdil Secured has long been recognized by industry insiders as the most highly sophisticated real estate investment banking company in the country. We create custom-crafted strategies for our roster of distinguished clients, and augment our mastery of conventional real estate brokerage with the corporate finance and capital markets expertise of an investment bank.
To create value for our clients through creative, actionable ideas and flawless execution, and to be the most relevant and trusted advisor in the commercial real estate capital markets.We are - or aspire to be:
- A discreet and trusted advisor that prioritizes long-term relationships over single transactions – it’s decades, not deals.
- An organization that invests in our people and fosters their growth & empowerment at all levels.
- A collaborative and intelligence-driven team that operates with a high degree of internal connectivity and trust.
- A firm that uniquely combines capital markets and real estate expertise – providing clients with outstanding advice and execution in all the major markets, property types, and transaction forms.
- A company that encourages its people to develop deep personal, lasting relationships with the individuals at all levels at our client organizations.
Eastdil Realty was formed in 1967 by Benjamin V. Lambert and the Investment Banking Firm of Eastman Dillon Union Securities as the first Real Estate Investment Banking Company in the United States, and became a subsidiary of EDUS.
The belief at the time was that the real estate business would benefit from the investment banking skill set, capital markets knowledge, and technology of the corporate finance world. The concept was to form a real estate company that would operate similarly to an investment banking firm, but with a real estate emphasis. Eastdil broke the conventional operating mold that had always separated financial and real estate people. For the first time, their diverse skills and disciplines were brought together in one company with one goal in mind: “provide our clients with an unparalleled degree of professionalism in real estate investment banking.”