GWL Acquiring Guggenheim, Creates $3.6B CRE Portfolio with EverWest

GWL Realty Advisors Inc. is acquiring Guggenheim Real Estate LLC (GRE), the real estate private equity platform of Guggenheim Investments. GRE manages gross assets of $1.8 billion through fund vehicles investing in the multifamily, office, industrial, retail, self-storage and seniors housing sectors, as well as public REIT investments.

Terms of the transaction, which is expected to close in the fourth quarter of 2018, were not disclosed. The acquisition is being made through its U.S. subsidiary, GWL Realty Advisors U.S. Inc.

GRE was founded in 2001, and has offices in Boston and Charlotte. GRE will combine with EverWest Real Estate Investors, a Denver-based real estate investment management and operating business acquired by GWLRA U.S. in February 2018. The combined platform will comprise $3.6 billion in gross assets, and will be led by EverWest President, Rick Stone.

The CenterCap Group, LLC acted as financial advisor to GWL Realty Advisors U.S.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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