Eastdil Secured LLC, a private real estate investment banking firm, has named Will Silverman and Matt McCoy as managing directors. Silverman’s work background includes a tenure at Hodges Ward Elliott while McCoy is the former president of the Stonemont Income Fund at Stonemont Financial Group.
NEW YORK–(BUSINESS WIRE)–Eastdil Secured, LLC (“Eastdil Secured” or “the firm”), the original, premier private real estate investment banking company, today announced that it has hired Will Silverman and Matt McCoy as Managing Directors.
“We are excited to make these important strategic hires and further build upon our talented team as we embark on an exciting new chapter in Eastdil Secured’s evolution,” said D. Michael Van Konynenburg, President of Eastdil Secured. “Will and Matt are extremely accomplished commercial real estate professionals, and we look forward to benefiting from their expertise as we deliver on our mission of providing our clients with creative, actionable ideas and flawless execution.”
Mr. Silverman commented, “Eastdil Secured has a reputation for an unwavering commitment to its clients, and I am excited to join the firm. To work at the firm that invented the industry, at perhaps the most exciting moment in its history, was a once in a lifetime opportunity. New York is an extremely important market, and I look forward to leveraging nearly 20 years of experience in the New York market to the benefit of Eastdil Secured’s clients.”
Mr. McCoy added, “I am excited to join the talented Eastdil Secured team at this important moment in the firm’s history and look forward to continue growing the firm’s presence in the structured credit business both geographically and in the industry.”
Will Silverman will be focused on real estate sales and joint ventures, building on his success at Hodges Ward Elliott (“HWE”). At HWE, he served as Managing Director / Group Head of Investment Sales and founded HWE’s commercial division and helped expand its offerings to office, retail, multifamily and land, specializing in the New York area. He will be based in New York, New York and will be joining Eastdil Secured’s leading New York City team, which also recently added real estate veteran Gary Phillips. Prior to HWE, Mr. Silverman worked for Savills Studley in New York, where he closed approximately $6 billion of sales transactions comprising nearly 18 million square feet. Notable transactions throughout Mr. Silverman’s career, include: the record sale of 1 QPS Tower in Long Island City, twice selling the office portion of 100-104 Fifth Avenue, the record-breaking sale of 111 Kent Avenue in Brooklyn and the sale of the retail at 465 Broadway three times in four years. Previously, Mr. Silverman was an investment banker at JPMorgan Chase.
Matt McCoy will be based in Charlotte, North Carolina and will be responsible for growing Eastdil Secured’s Credit, Corporate Advisory, and Net Lease business, particularly in the Southeast and Southwest, working alongside Mark Penrod and Neill Wessell. Mr. McCoy brings to Eastdil Secured more than 22 years and $15 billion of experience in commercial real estate, capital markets, private equity, and investment banking. Most recently, Mr. McCoy served as President of the Stonemont Income Fund at Stonemont Financial Group, a diversified real estate investment manager. Immediately prior to joining Stonemont, Mr. McCoy served as Head of Corporate Net Lease Capital Markets at Wells Fargo Securities LLC.
About Eastdil Secured
Eastdil Secured is the original, premier private real estate investment banking company with the mission 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. Eastdil Secured has built its expertise into a knowledge franchise that is recognized as the dominant force in commercial real estate and investment banking by private investors and institutions alike. Its unrivaled combination of capital markets know-how and in-depth understanding of real estate fundamentals allows the firm to deliver on its promises in order to meet the precise needs of its clients.