Eastdil Secured Continues Texas Expansion with Hiring of Elizabeth Malone
NEW YORK--(BUSINESS WIRE)--Dec 16, 2020--
Eastdil Secured, LLC (“Eastdil Secured” or “the firm”), the global real estate investment bank, today announced that it has hired Elizabeth Malone as Director in its Dallas office starting January 4, 2021.
Ms. Malone joins Eastdil Secured’s senior leaders in the firm’s Dallas office, including Josh McArtor, Ryan Reid, Bernard Branca and K.C. Scheipe. She will be an integral member of the Texas investment sales team where she will partner with Mr. Scheipe, Managing Director, who relocated to Dallas in June, to continue growing the firm’s office sales and joint venture practice and footprint in Texas. Ms. Malone’s hiring brings the total number of transaction professionals in the firm’s Dallas office to 15 across the office, multifamily, and industrial sale, joint venture, and financing business.
Over the past 12 months, Eastdil Secured’s Dallas office has advised clients on the execution of numerous significant transactions, including the financing of the 609 Main office tower in Houston; Stockbridge Capital’s joint venture to acquire a 14.3-million square foot portfolio of Class A logistics facilities from Hillwood Development Co.; the sale of USAA’s integral logistics portfolio; the recapitalization of Dalfen’s logistics portfolio with Goldman Sachs; and multiple equity raises for Texas industrial development projects for clients such as Ascendant, Logistic Property Company and Mercantile Partners. In addition, the Dallas-based team currently has a pipeline of more than $2 billion in multifamily sales, recapitalizations and joint ventures in Texas and across the Sunbelt.
“I am pleased to welcome Elizabeth to the Eastdil Secured family and look forward to partnering with her to grow our practice throughout the Southwest,” said K.C. Scheipe, Managing Director at Eastdil Secured. “I am confident her reputation, deep commercial real estate finance and property sales experience, and intimate knowledge of the market will greatly benefit our institutional clients.”
Ms. Malone commented, “I am excited to join Eastdil Secured to work alongside K.C. and the rest of the team in Texas. I look forward to being part of a group of true forward-thinkers who are always looking for new and creative ways to meet evolving client needs in such a dynamic market.”
“As our Sunbelt footprint continues to be a focus for our firm, Elizabeth brings invaluable expertise and insights to our already exceptional team in the region,” said D. Michael Van Konynenburg, President of Eastdil Secured. “We see tremendous growth and activity throughout the Southwest and Texas, particularly as we come out of the pandemic. We believe our team is well positioned to add unique and lasting value to our clients across all sectors in this growing region.”
Ms. Malone currently works with Crow Holdings and is responsible for leasing and asset management of the Crow family’s office assets. Prior to Crow Holdings, she held a number of positions with increasing responsibility at HFF, most recently serving as a Director for office sales in the Southwest, with a focus on the Texas market. Over the course of her career, Ms. Malone has been involved in over $10 billion of commercial real estate transactions. She holds a Bachelor’s of Science degree from the University of Texas at Austin.
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, Orange County, San Francisco, Seattle, Silicon Valley and Washington, D.C., and internationally in Dubai, Frankfurt, London, Paris, Hong Kong and Tokyo. For more information on Eastdil Secured, the global real estate investment bank, please visit https://www.eastdilsecured.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20201216005790/en/
CONTACT: Jon Keehner / Jack Kelleher
Joele Frank, Wilkinson Brimmer Katcher
KEYWORD: TEXAS NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: REIT BANKING PROFESSIONAL SERVICES COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY
SOURCE: Eastdil Secured, LLC
Copyright Business Wire 2020.
PUB: 12/16/2020 12:00 PM/DISC: 12/16/2020 12:01 PM