EastBanc Inc. is a multinational Real Estate Development company specializing in the acquisition, redevelopment and management of commercial real estate assets, in particular in the area of urban revitalization.
In its 25-year history, EastBanc has invested over $3.5BN worldwide achieving a record of steady investor returns ranging from 15-45% p.a. Its long-term strategy emphasizes value creation in targeted markets, specifically by influencing sizable portions of urban street-scape with significant capital upgrades and master-planned leasing. With a focus on revitalization and urban mixed-use development, EastBanc projects include upscale retail, luxury residential, Class A and B office and luxury hotels.
In addition to its core developments in Washington DC, EastBanc has a significant presence in Portugal in both development and property management and has pursued opportunities in other parts of Europe including Russia, North and South America, and the Arabian Gulf. In everything that it does, EastBanc targets unique, untraditional ideas and strategies that ultimately result in minimal competition and outsized returns over the long term.