WASHINGTON, DC—HFF brokers Alan Davis, Dave Nachison, Brenden Flood, Bret Thompson and Tim Stanton have joined Eastdil Secured, a New York City-based real estate investment bank. As they did with HFF, the team will be focusing on the multifamily sector. Eastdil recruited the team as its works to expand its regional and national footprint in the multifamily sector, a spokeswoman tells GlobeSt.com.

Davis and Nachison are joining as managing directors, Flood as a SVP, Thompson as a VP and Stanton as an associate.

Eastdil Secured has been working to expand its multifamily platform beyond its dual strongholds in New York City and San Francisco.

"Alan and Dave are industry leaders and we expect them to not only have an immediate impact on the firm's presence in the mid-Atlantic region, but also to assist in strategically expanding our multifamily practice in other areas of the east coast and Midwest, as well as leverage our relationships with the public REITs in this sector," says Roy March, CEO of Eastdil Secured, in a prepared statement.

As the commercial real estate industry continues with its post recession momentum, more brokers are moving to new shops, especially in the multifamily space, which remains extremely active. To name one local example, last week we reported that Al Cissel joined ARA Newmark from JLL's multifamily investment sales group.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.