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Announced

GWL Realty Advisors acquired Guggenheim Real Estate from Guggenheim.

Synopsis

GWL Realty Advisors, a leading real estate investment advisor providing comprehensive asset management, property management, development and specialized real estate advisory services to pension funds and institutional clients, acquired Guggenheim Real Estate, the real estate private equity platform of Guggenheim Investments. Financial terms were not disclosed. "The acquisition of GRE is consistent with our global growth strategy and will support our clients' real estate diversification and portfolio return objectives," said Paul Finkbeiner, President, GWLRA. "GRE's offices in the northeast and southeast will complement EverWest's existing national presence."

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