Eastdil Secured

What Eastdil Secured does

Eastdil Secured is a privately held global real estate investment bank founded in 1967 by Benjamin V. Lambert, providing advisory and capital markets services to institutional real estate owners, operators, REITs, private equity sponsors, sovereign wealth funds, and lenders. The firm operates through six integrated business lines: M&A and Corporate Advisory, Property Sales, Joint Ventures & Capital Raises, Debt Placement, Structured Credit & Net Lease, and Loan Sales, covering all major commercial real estate asset classes including office, retail, multifamily, hospitality, industrial, logistics, data centers, healthcare, life science, self-storage, student housing, and single-family rental. Eastdil Secured positions itself as an independent, conflict-free intermediary — it does not manage, lease, develop, or service loans — enabling alignment with client interests across transactions.

The firm generates revenue exclusively through transaction-based fees, with pricing negotiated per transaction and not publicly disclosed. It serves clients through a senior-led enterprise field sales model with more than 20 offices across the US, Europe, the Middle East, and Asia, and 501-1,000 employees globally. The platform is described as combining state-of-the-art technology with expert-level underwriting, innovative structuring, and internal connectivity across offices. In 2025, the firm reported $633 million in revenue (76% North America) and $113 million in underlying EBITDA, with a cumulative transaction track record exceeding $3 trillion over 20 years and dominant league table positions in office, hotel, data center, retail, and M&A advisory.

In March 2026, Savills plc acquired Eastdil Secured for an enterprise value of $1.1125 billion, with Eastdil shareholders receiving approximately 16% of the enlarged combined entity. The firm retains its name as Savills' Real Estate Investment Bank, with Roy H. March as Executive Chairman and D. Michael Van Konynenburg as CEO, both joining the Savills Group Executive Board. Leadership and senior employees have shares locked up for six years under the acquisition terms.

Name

Eastdil Secured

Legal name

Eastdil Secured, L.L.C.

Website

https://eastdilsecured.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Eastdil Secured is a global real estate investment bank providing M&A, property sales, debt placement, and loan sales advisory to institutional owners, REITs, private equity sponsors, sovereign wealth funds, and lenders across 20+ offices worldwide.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment Banking

NAICS

Investment Banking and Securities Intermediation (52315), Mortgage and Nonmortgage Loan Brokers (52231), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Loan Brokers (6163), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

akta.pro secondary industries

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Commercial real estate advisory
• Real estate investment banking
• Debt placement services
• Mergers and acquisitions advisory
• Property sales brokerage

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices30 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Sales Commissions: The firm earns commissions on the sale of commercial real estate assets across all major asset classes, including office, retail, multifamily, hotel, industrial, logistics, data centers, and others.
2. Debt Placement Fees: Eastdil Secured places debt financing for real estate transactions, including acquisition financings, refinancings, mezzanine and preferred equity placements, bridge loans, construction loans, and corporate loans across all major property types.
3. M&A and Corporate Advisory Fees: The firm provides M&A advisory, strategic advisory, recapitalizations, leveraged buyouts, and capital raising services, earning fees for mergers and acquisitions, joint ventures, strategic alliances, restructurings, company sales, portfolio divestitures, and GP/LP interest sales.
4. Joint Venture & Capital Raise Advisory: Eastdil Secured advises on joint venture formations, preferred and common equity raises, entity sales and recapitalizations, and valuations and capital advisory for asset, portfolio, and entity-level transactions.
5. Loan Sales Fees: The firm advises on the sale of commercial mortgage loan structures including performing, sub-performing, non-performing loans, loan portfolios, whole loan participations, REO transactions, and FDIC/GSE loan portfolios. The firm has advised on over $90 billion of mortgage and subordinate debt sales through the last cycle (2010 through 2020) and over $100 billion of lender-assisted transactions since January 2008.
6. Structured Credit & Net Lease Advisory: The firm advises on traditional net lease sales and financings, sale-leaseback and build-to-suit transactions, ground lease bifurcations, credit tenant lease financings, and joint-venture recapitalizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Eastdil Secured is a global real estate investment bank that provides advisory and capital markets services across six business lines: M&A and Corporate Advisory, Property Sales, Joint Ventures & Capital Raises, Debt Placement, Structured Credit & Net Lease, and Loan Sales. The firm serves institutional clients — real estate owners, REITs, lenders, and corporate entities — with expert-level underwriting, innovative structuring, and execution of transactions across all major commercial real estate asset classes and geographies.

Product overview

Eastdil Secured operates as a global real estate investment bank offering an integrated platform of capital markets services. The firm provides M&A and Corporate Advisory, Property Sales, Joint Ventures & Capital Raises, Debt Placement, Structured Credit & Net Lease, and Loan Sales as its six core business lines. These services cover all major commercial real estate asset classes including office, retail, multifamily, hospitality, industrial, digital infrastructure, healthcare, life science, logistics, manufactured housing, self-storage, student housing, and single-family rental. The platform is designed to serve as an independent, unbiased intermediary without conflicts, never competing with clients as property managers, lenders, or servicers.

Differentiator

Problem solved

Functional benefit

Products and services

• M&A and Corporate Advisory Comprehensive advisory services for mergers and acquisitions, strategic advisory, recapitalizations, leveraged buyouts, joint ventures, restructurings, capital raising, company sales, portfolio divestitures, and GP/LP interest sales. Targeted at REITs, real estate companies, and institutional investors.
• Property Sales Investment sales services for single assets and portfolios across all major commercial real estate asset classes, including office, retail, multifamily, hospitality, industrial, and specialty sectors. Targeted at institutional owners, REITs, and real estate operators.
• Joint Ventures & Capital Raises Capital raising advisory for asset, portfolio, and entity-level joint ventures and capital raises, including organization and portfolio valuations, preferred and common equity raises, and entity sales. Targeted at real estate owners, REITs, and investors seeking JV partners or equity capital.
• Debt Placement Debt placement services providing access to top-tier global lending sources and innovative capitalization alternatives across all major property types, including acquisition financings, refinancings, mezzanine and preferred equity placements, bridge loans, and construction loans. Targeted at real estate owners, REITs, and developers seeking debt capital.
• Structured Credit & Net Lease Capital markets advisory for corporate users and real estate owners covering traditional net lease sales and financings, sale-leaseback, ground lease bifurcations, credit tenant lease financings, and joint-venture recapitalizations. Targeted at corporate users and real estate owners with structured credit and net lease needs.
• Loan Sales Advisory services for mortgage and subordinate debt sales, including performing, sub-performing, and non-performing loans, loan portfolios, whole loan participations, REO transactions, and FDIC/GSE loan portfolios. Targeted at banks, servicers, and institutional lenders seeking to divest loan positions.

Quantifiable outcome

• Over $3 trillion in completed transactions over the past 20 years
• +7 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core and minor.

• Savills plccoreStrategic or Co-development Partner · 12 March 2026Savills plc signed a definitive agreement to acquire all equity of Eastdil Secured for an enterprise value of $1,112.5 million. Eastdil will continue operating under its existing model as Savills' Real Estate Investment Bank. Roy H. March became Executive Chairman and D. Michael Van Konynenburg assumed the role of CEO, with both joining the Savills Group Executive Board. Eastdil's shareholders own approximately 16% of the combined entity.
• Latham & WatkinsminorImplementation/ SI/ Consulting PartnerLatham & Watkins served as legal counsel to Eastdil Secured in connection with the Savills acquisition.

Scale indicators18 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Savills plc: Savills acquired Eastdil in 2026 and is now its parent. Savills is a global real estate services firm offering investment sales, advisory, and property management, operating as the broader incumbent platform under which Eastdil's pure-play investment banking model sits.
• Goldman Sachs (Real Estate Investment Banking): Goldman Sachs' Real Estate Principal Investment Area and Investment Banking division provide M&A advisory, equity placement, and debt advisory for CRE clients, with Eastdil tied with Goldman for #2 in Q1 2026 construction sector M&A, competing as a bulge-bracket incumbent rather than a pure-play.

Direct peers

• Avison Young: Avison Young provides CRE investment sales, debt capital markets, and capital markets advisory across office, multifamily, and specialty assets, directly competing with Eastdil in mid- to large-cap institutional transactions.
• Cushman & Wakefield: Cushman & Wakefield's Capital Markets practice provides investment sales, debt placement, and loan sale advisory across institutional CRE, directly competing with Eastdil's six core service lines.
• Walker & Dunlop: Walker & Dunlop is a leading CRE finance and investment sales intermediary, directly competing with Eastdil's debt placement and loan sales franchises, particularly in multifamily and GSE-driven financings.
• Colliers International: Colliers' Investment Sales and Capital Markets teams compete with Eastdil on institutional CRE investment sales, debt placement, and joint venture advisory, with significant overlap in multifamily, office, and industrial sectors.
• Jones Lang LaSalle (JLL): JLL's Capital Markets division, augmented by its 2019 acquisition of HFF, competes head-to-head with Eastdil in investment sales, debt placement, and equity placement for institutional real estate clients worldwide.
• Newmark Group: Newmark provides investment sales, debt capital markets, and loan sale advisory across CRE asset classes, with particular strength in office, multifamily, and industrial, competing directly with Eastdil's capital markets platform.
• CBRE Group: CBRE is the world's largest commercial real estate services firm, offering investment sales, debt placement, M&A advisory, and loan sales across all major asset classes, directly competing with Eastdil's six business lines and serving the same institutional client base globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eastdil-secured
• Instagraminstagram.com/eastdilsecured/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eastdil Secured