Client News – Guardian Takes Majority Stake in Asset Management Firm
Our client, Guardian was recently in the news for its purchase of Executive Asset Management
From Commercial Property Exclusive
Investment banking services company Guardian and Atlanta-based Executive Asset Management are on the same team now that Guardian has acquired a controlling interest in the residential and commercial real estate management firm. Guardian will merge the firm with its AssetAdvisor division and build on EAM’s status as an expert in disposition strategies, property management and rental solutions for FDIC Loss Share assets.
The marriage is a timely one. “The industry, particularly those sectors involving loss share assets, is very fragmented with many smaller players; we definitely see consolidation on the horizon,” Paul Brenneke, founder and CEO of Guardian Investment Banking & Real Estate, told Commercial Property Executive. “Additionally, asset management requires scale and volume; therefore, joining forces makes sense for both parties.”
