Veteran Advisor Brings Additional Dedicated Loan Sales Expertise and Deep Connectivity to Enhance Industry-Leading Debt Platform
NEW YORK--(BUSINESS WIRE)--Eastdil Secured, L.L.C. ("Eastdil Secured" or the "firm"), the global real estate investment bank, today announced David Dorros has joined Eastdil Secured as Managing Director. He will be based in Washington, D.C., and will focus exclusively on loan sales, short sales and other lender-driven transactions as a member of the firm's Global Debt Platform.
Mr. Dorros most recently spent seven years as Vice Chairman of Cushman & Wakefield's Capital Markets Group, overseeing its loan sales business. Prior to his time at Cushman & Wakefield, he founded and led CBRE's National Loan & Portfolio Sales Group. Mr. Dorros also served as an advisor to the Federal Deposit Insurance Corporation during the global financial crisis, where he led over 110 assignments on its behalf.
"In today's dynamic global real estate market, our clients are turning to Eastdil Secured more than ever for our collaborative culture and unique capital markets expertise to execute on their objectives," said D. Michael Van Konynenburg, President of Eastdil Secured. "By adding Dave to our market-leading debt placement and loan sale team, we are well positioned to further assist our lender clients by delivering the insightful, nuanced and creative solutions they require."
"Dave is a highly experienced and trusted advisor. Having completed over $50 billion in high profile performing and non-performing loan sales across all asset classes, he brings deep lender relationships and a wealth of capital markets knowledge that we are confident will be an immediate value-add to our team and clients," said Nicholas Seidenberg, Managing Director at Eastdil Secured. "I look forward to working with Dave to support our clients in the U.S., while expanding our capabilities and relationships with a range of institutional lenders."
"It is an honor to join such a well-respected team and firm in Eastdil Secured during a pivotal time for the real estate debt capital markets," said Mr. Dorros. "The breadth and depth of services Eastdil Secured provides has made it the partner of choice for so many of the most important and influential participants in the institutional capital landscape. I am excited to work closely with Mike, Nick and the entire Eastdil Secured platform to leverage my experience and network to help grow the firm's lender-related business and build on its leading reputation for excellence and client service."
Since January 2008, Eastdil Secured has closed on over $100 billion of lender-assisted transactions, with $7 billion closed since January 2023 and an additional $2.5 billion which is currently being marketed.
About Eastdil Secured
As the most relevant and trusted advisor in the commercial real estate capital markets, Eastdil Secured creates value for clients through creative, actionable ideas and flawless execution. With an unrivaled combination of capital markets expertise and in-depth understanding of real estate fundamentals, Eastdil Secured delivers best-in-class advice on mergers and acquisitions, sales, joint ventures, debt placement, structured credit and loan sales to investors around the world. Headquartered in New York, Eastdil Secured has a broad global footprint to support clients with offices across the United States in Atlanta, Boston, Charlotte, Chicago, Dallas, Los Angeles, Miami, Orange County, San Francisco, Seattle, Silicon Valley and Washington, D.C., and internationally in Dubai, Dublin, Frankfurt, London, Milan, Paris, Hong Kong and Tokyo. For more information on Eastdil Secured, the global real estate investment bank, please visit .
Contacts
Erik Carlson / Sarah Salky
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449
