Is Wells Fargo targeting the right buyer pool for its sale of Eastdil?

As part of a larger strategy to shed non-core assets, Wells Fargo is trying to offload one of the city’s top investment sales and capital markets brokerages, Eastdil Secured. But rather than market it to a brokerage that could bolster its business in either area, the San Francisco-based bank is reportedly turning to risk-taking private equity firms. It’s a buyer pool that’s proven interested in the past. TPG Capital, for instance, bought Cushman & Wakefield […]

Source: Real Estate

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