The Promote Podcast

Savills Gobbles Eastdil & Ray Washburne's Second Helpings

Mar 18, 2026
A blockbuster M&A headline as a major UK firm buys a top US real-estate investment bank and the deal’s golden-handcuff mechanics. A legendary Dallas dealmaker’s bold plans for a convention-center hotel and his Highland Park Village play. Quick rundowns on private-credit markdowns, a controversial BTR bill, stalled mortgage-fraud prosecutions, and a high-profile LA retail sale.
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INSIGHT

Mortgage Fraud Prosecutions Face Administrative Headwinds

  • Mortgage-fraud prosecutions in New Jersey have slowed due to dysfunction in the U.S. Attorney's office.
  • That pause risks leaving many inflated-loan, related-party schemes unaddressed despite earlier convictions in Lakewood.
INSIGHT

One-Of Buyers Can Blow Past Appraisals

  • Finding a one-of buyer can trump appraisals and comps, as Cedars-Sinai paid $270M for Beverly Connection.
  • Will notes gateway, location, or institutional buyer motives make comps irrelevant and drive outsized prices.
INSIGHT

Savills Buys Eastdil To Buy Capital Markets Muscle

  • Savills acquired Eastdil Secured for $1.1B, giving the UK firm U.S. capital-markets firepower.
  • Hiten emphasizes Eastdil's central role in mega-deals and how the acquisition reflects the institutionalization of CRE advisory.
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