Can someone explain the prestigiousness of Eastdil Secured?
I’d love to hear about what makes Eastdil Secured have the reputation it has and what they do?
[{"id": "i7aickb", "text": "Focus on gateway markets and really big deals", "replies": [], "depth": 1}, {"id": "i7an68v", "text": "Investment bank style advisory and top tier brokerage. They\u2019re a sweatshop, but compensate very well.", "replies": [{"id": "i7atyoo", "text": "This is the answer.  They approach the deal like an investment bank, they have top quality packages, and they broker some of the largest deals.  To be fair, investment banks are sweatshops too, but like you said, you get compensated for that work environment.\n\nBut when you've got the best packages, high comp, and biggest deals, you're the top firm.  \n\nIMO, they deserve the reputation, and if I had a big deal I needed to sell, especially if I wanted a national audience, I'd go with Eastdil.\n\nBut it does depend on the real estate type.  For Hospitality for example, I'm going JLL Hotels.", "replies": [{"id": "i7bmn0q", "text": "It\u2019s not just national. They have deep relationships internationally too which let\u2019s be honest - they\u2019re the dumb money who pays the most.", "replies": [{"id": "i7bmr7l", "text": "Agreed, they are global, and yes that can be dumb money.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "i7b5lzx", "text": "All of the sub comments and this comment are correct but they also brand themselves really well and very intentionally. In NYC CW and CBRE have powerful institutional teams lead by Spies and Darcy but both those companies have so many other divisions and smaller brokerage teams the firms themselves don\u2019t get that same branding (Spies and Darcy are amongst the most respected in the biz). Eastdil only does institutional, they brand themselves as a bank and create that reputation. It\u2019s kind of like fake until you make it, except they have made and continue to carry themselves that way.", "replies": [], "depth": 2}], "depth": 1}]