NEW YORK, NY – Guggenheim Investments, a global asset management firm with over $362 billion in total assets1, today announced the expansion of its real estate finance capabilities through a strategic relationship with Bedrock Land Finance LLC, a residential land development originator and servicer.
The relationship will focus on partnering with leading homebuilders to address the structural undersupply of U.S. housing by providing land banking financing across high-growth markets. Land banking enables homebuilders to secure entitled land for future development while maintaining asset-light balance sheets—a critical capital solution as builders navigate elevated interest rates and a heightened focus on delivering affordable homes.
A Differentiated Approach with a Leading Partner
Guggenheim’s partnership with Bedrock Land Finance benefits from their proprietary origination platform and deep relationships with national and regional homebuilders, providing access to a pipeline that is not broadly available in the market.
Bedrock’s in-house team brings decades of residential development experience to deliver the capital, expertise, and flexibility to structure tailored solutions for builders and developers. Bedrock has active projects covering over 7,500 single family lots nationally, with many of the nation’s leading public homebuilders.
“The U.S. faces a shortage of millions of homes, and builders are seeking capital-efficient alternatives to develop them,” said Dina DiLorenzo, President of Guggenheim Investments. “Our relationship with Bedrock Land Finance seeks to find opportunities at the intersection of that structural demand and investor need. Bedrock’s proprietary origination platform and deep homebuilder relationships make them the ideal partner to bring this to scale, which we plan to deliver in a variety of vehicles.”
“We are delighted to partner with a world-class investor like Guggenheim Investments, whose commitment to delivering sophisticated, institutional-quality solutions aligns perfectly with our mission,” said Rodney Montag, senior managing director of Bedrock Land Finance. “Land banking is a compelling asset class sitting at the intersection of structural housing demand and homebuilder capital efficiency — and this partnership further increases Bedrock’s significant access to capital to serve our large homebuilder partners for years to come. Together, we look forward to expanding access to this critical financing solution across high-growth markets nationwide.”
Supporting Housing Development in Growing Communities
By providing capital to support residential land development, the approach contributes to expanding the supply of housing in communities where it is needed most. The focus on high-growth markets with strong employment trends and population growth ensures alignment between capital deployment and genuine housing demand.