Eastdil Secured Names 2 Managing Directors
- Jun 25, 2019
Eastdil Secured has hired two managing directors—Matt McCoy in Charlotte, N.C., and Will Silverman in New York—as part of the company’s expansion efforts. The two bring a combined 40 years of experience to the firm.
McCoy will support efforts to grow several of Eastdil’s business lines in the South, with a particular focus on credit, corporate advisory and net lease services. His new position will build on more than 22 years of experience in the field. Prior to his arrival, McCoy served as the president of Stonemont Income Fund in Charlotte for two years, preceded by nearly 13 years with Wells Fargo, where he headed up corporate net lease capital markets.
Silverman’s position will target real estate transactions and joint venture formation in the firm’s Manhattan office, bearing just shy of 20 years of experience in commercial real estate and investment banking. Silverman joins Eastdil after approximately four years as managing director of hospitality sector-focused Hodges Ward Elliott. Before this, he spent nearly 12 years at Savills, then known as Savills Studley, where he was named executive managing director prior to his departure in 2015.
In May, Eastdil made headlines with its planned return to private ownership. By the end of the year, Wells Fargo—a majority owner of the firm since 2006—is expected to retain a minority ownership interest.