Guggenheim Investing $600M In ElmTree Real Estate Venture

Beth McCandry

Law360 (Jan. 26, 2021, 5:39 pm EST) – Guggenheim Investments is raising $ 600 million in equity to a new partnership with real estate private equity firm ElmTree Funds, which invests in US industrial real estate the company announced Tuesday.

The partnership targets industrial properties used by e-commerce companies. This sector has grown steadily during the COVID-19 pandemic as retailers handle more online traffic than ever before and need additional fulfillment space to meet same-day delivery promises.

Guggenheim Partners is headquartered in New York and Chicago.

“Guggenheim Investments is proud to close another transaction with ElmTree that will benefit our customers …

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