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GSRE
(redirected from Guggenheim Structured Real Estate)

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AcronymDefinition
GSREGuggenheim Structured Real Estate (stock symbol)


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Seeing little chance of repayment from Swig and his partners, two of the lenders, Wells Fargo and Guggenheim Structured Real Estate, sold the $32 million (senior) mortgage loan balance and a $72 million senior mezzanine loan to Fortress Investment Group at a discount.
Guggenheim Structured Real Estate Funding 2006-3, Ltd.
In a June lawsuit, Meister alleged that the deal was part of a "loan-to-own" scheme involving so-called predatory behavior by the Sheffield57 lenders, including Wells Fargo, the trustee of the senior mortgage loan and Guggenheim Structured Real Estate, which held the senior mezzanine loan before selling it to Fortress.
 
 
 
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