NEW YORK–(BUSINESS WIRE)–Eastdil Secured, LLC (“Eastdil Secured” or “the Company”), the global real estate investment bank, today announced the opening of a new office in Milan to support the business growth of the company in Europe.
The firm also announced the hiring of Paolo Bellacosa, effective March 1, 2022, who joins the firm as Managing Director. Mr. Bellacosa will oversee Eastdil Secured’s Milan office, which will be located in the historic Brera district of central Milan.
Roy Hilton March, CEO of Eastdil Secured, said:We have an exceptionally strong team in Europe, and this expansion will significantly improve the value we provide to our customers in Italy and across the continent. Eastdil Secured is a team-driven organization that provides truly independent, global and differentiated advice to its clients, and today’s announcement is another milestone as we continue to expand our global offering to more clients. and markets around the world.
Since opening an office in London in 2010, the company has opened offices in Frankfurt, Dublin, Paris, Dubai, Tokyo and Hong Kong, and has experienced remarkable growth across its global footprint.
“In an increasingly competitive global real estate market, we continue to adapt, lead and grow our physical presence where our clients need us most, and the opening of our new office in Milan underscores this commitment to long-standing,” said James McCaffrey, Managing Director and Head of European Operations, Eastdil Secured. “This new office is a natural step in our evolution, and we are delighted to welcome a leader of Paolo’s caliber to lead our business outside of Milan and help expand the footprint of our European platform.
“I am delighted to join such a renowned company and to support my new partners as we continue to position Eastdil Secured as the advisor of choice to major property players in Italy and the wider European market,” said Mr. Bellacosa. “Eastdil Secured is known across our industry for its ability to combine a unique investment banking approach with unrivaled expertise across geographies, asset classes and market cycles, and this new opening is another example of the company’s commitment to serving its customers.
Prior to joining Eastdil Secured, Mr. Bellacosa spent five years as a partner at Vitale&Co, one of Italy’s leading corporate advisory firms, where he advised major international and domestic investors on leading mergers and acquisitions. Previously, he was Managing Director at BNP Paribas Real Estate and CBRE.
About Eastdil Secured
As the most relevant and trusted advisor in the commercial real estate capital markets, Eastdil Secured creates value for its clients through creative, actionable ideas and flawless execution. With an unparalleled combination of capital markets expertise and a deep understanding of real estate fundamentals, Eastdil Secured provides top-notch advice on mergers and acquisitions, sales, joint ventures, debt placement, structured credit and selling loans to investors around the world. . Headquartered in New York, Eastdil Secured has a broad global presence to support its customers with offices across the United States in Atlanta, Boston, Charlotte, Chicago, Dallas, Los Angeles, Miami, Orange County, San Francisco, Seattle, Silicon Valley and Washington, DC, and internationally in Dubai, Dublin, Frankfurt, London, Milan, Paris, Hong Kong and Tokyo. For more information about Eastdil Secured, the global real estate investment bank, please visit https://www.eastdilsecured.com.