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June 22, 2011

Guggenheim Partners’ Affiliate, Pillar Multifamily, Announces Correspondent Agreement With George Elkins Mortgage Banking

NEW YORK – Pillar Multifamily, LLC, an affiliate of Guggenheim Partners, and George Elkins Mortgage Banking (GEMB) today announced that their correspondent lending agreement has been approved by Fannie Mae and is effective immediately.

GEMB will be the exclusive channel for Fannie Mae eligible mortgage loans originated in Southern California for Pillar. Pillar will provide GEMB with local underwriting support to facilitate transaction flow.

“As a leading player in the southern California commercial real estate market, GEMB will be an important partner for us in a key region as we continue to grow our Fannie Mae DUS® business and build out the broader Guggenheim commercial real estate platform,” said Robert Brennan, senior managing director and head of Guggenheim Commercial Real Estate Finance.

“We are honored to work with Pillar,” said GEMB principal Jeff Hudson. “As one of only a handful of Fannie Mae DUS providers, and with the significant resources of Guggenheim Partners supporting them, Pillar is able to provide us with unrivaled access to capital.”


About Guggenheim Commercial Real Estate Finance and Guggenheim Partners

Guggenheim Commercial Real Estate Finance, LLC is a national CRE lending business which sources, underwrites, funds and services commercial mortgages from six offices throughout the United States. GCREF originates a broad array of loan types for multiple capital sources including Guggenheim’s own portfolio, for our clients on a discretionary basis through managed accounts and fund arrangements, and for execution in the capital markets (securitization and syndication).

Through our affiliate, Pillar Multifamily, LLC, a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, we offer a full array of financing solutions to owners of multifamily properties. Pillar’s capabilities include small loan solutions, market-rate multifamily mortgages, and credit facilities.

Guggenheim Partners, LLC is a diversified financial services firm with more than $100 billion in assets under supervision. The firm’s businesses include investment management, investment advisory, insurance, investment banking and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe and Asia. For more information, please visit www.guggenheimpartners.com.



January 04, 2021

Guggenheim Securities Hires Simon Mullaly to Expand Credit Trading Capabilities

NEW YORK, NY – Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Simon Mullaly has joined the firm as a Managing Director to expand its fixed income credit trading capabilities.

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December 17, 2020

Guggenheim Partners Selects Third Cohort of Network for Social Innovation

NEW YORK, NY – Guggenheim Partners is proud to announce the selection of five non-profit organizations for the third cohort of the Network for Social Innovation.

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December 04, 2020

Guggenheim Securities Hires Michael Amez to Expand Middle Market Investment Banking Practice

NEW YORK, NY – Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Michael Amez has joined the firm as a Senior Managing Director to expand its middle market investment banking coverage and will focus on advising companies in the technology sector.

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