Eric S. Silverman. Mr. Silverman is a Founder and Managing Partner of Eastham Capital, a private real estate investment business based in Boca Raton, FL. Eastham Capital launched its first fund in 2007, and is now investing its sixth fund in 2023. Eastham Capital invests in multifamily properties sourced and managed by a diverse network of local and regional real estate owners and operators who have established successful track records of acquisition, renovation, management and disposition of distressed real estate assets. Eastham Capital currently (February 2023) owns over 13,000 units in 54 properties in 14 states. Over the past 16 years, Eastham Capital has purchased/renovated and sold over 20,000 units in 95 properties. We strive to achieve superior-risk adjusted returns for our investors through the revitalization of distressed residential real estate. WE FIX PROPERTIES, NOT NEIGHBORHOODS.®
Mr. Silverman was also a Founder of St. James Capital, LLC, a Bloomfield Hills, MI based FHA-approved lender specializing in multifamily residential housing financial services. In 2012, St. James Capital was sold to Pillar Multifamily, LLC, an affiliate of Guggenheim Partners, LLC, and in 2016 the business was sold to SunTrust Banks, Inc, which is now Truist Financial, and operates as Grandbridge. From 1995 through 2010, Mr. Silverman was the President and then non-executive Chairman of RentGrow, Inc. In 2010, RentGrow was sold to Yardi Systems, Inc. In 2002, he became a founding non-executive director of Leader Bank in Arlington, MA.
Mr. Silverman graduated from Bowdoin College in Brunswick, Maine in 1985 with an AB in Mathematics. He is currently the Chair of the Advisory Board for the Bowdoin College Museum of Art. In 1991, Mr. Silverman earned the degree of Master of Science in Management, with a concentration in Finance, from the MIT Sloan School of Management in Cambridge, MA. He is an active alumnus of MIT, where he currently serves on the Board of the MIT Museum.