Goldman Sachs banker Todd Eagle quits real estate team

New York Post

21 hours ago

Top Goldman Sachs real estate banker Todd Eagle has quit the David Solomon-led firm, The Post has learned.
Insiders told The Post his name has been scrubbed from the bank's internal staff directory and that he is set to join smaller Wall Street rival Jefferies, where he is expected to become the US head of real estate banking.
Eagle is no longer with Goldman Sachs and is set to join Jefferies.
Todd Eagle / LinkedIn
He will report to Michael Bluhm, who is the global head of real estate, gaming & lodging at the Rich Handler-run bank, sources said.
However, Eagle's profile with US regulator FINRA is yet to be updated with his departure from Goldman's lower Manhattan headquarters at 200 West St.
Spokespersons for Goldman Sachs and Jefferies declined to comment.
Goldman's real estate team counselled Stephen A. Schwarzman's Blackstone, an asset management firm, when it snapped up GLP's logistics portfolio for $18.7 billion in 2019.
Managing director Eagle, a 56-year-old Harvard MBA graduate, first joined the US investment bank as an analyst in 1990.
'What makes a great investment banker is being able to think in the shoes of your clients,' Eagle was quoted as saying in an August 2020 profile for the Business Insider website.
Bloomberg via Getty Images
Eagle has twice briefly left Goldman Sachs: once in 1999 to pursue his business school education and again in 2005 to focus on real estate investment opportunities, only to rejoin as a managing director a year later.
Upon graduation from Harvard, he came back to the bank and became a member of the real estate team as an associate, and after four years in New York, relocated to London.
It was in the British capital that Eagle became a vice president and headed Goldman's European real estate investment banking unit for four years.
He advised both public and private real estate and hotel companies on mergers, acquisitions, and financing opportunities.