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Nashville, TN – February
2025 / NewsmakerAlert: The team behind nearly 25 years of success
in privatized military housing and announces its launch as a wholly-owned
business under a new name. Centinel
Public Partnerships, LLC, born from the acquisition of Lendlease Group’s
U.S. military housing and lodging holdings, assumes ownership of the portfolio
of 10 housing communities and over 70 hotels across 26 states and Puerto
Rico. Centinel Public Partnerships, LLC, will be owned by institutional
clients of Guggenheim Partners Investment Management, LLC, a U.S.-based
global investment advisory firm.
Now a Nashville-based business
with a national footprint, Centinel will keep its core leadership team
at the company’s helm. That includes Chief Executive Officer Justin
Kern and President Phillip
Carpenter.
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“This is a new chapter for
our business and the communities and families we serve,” Kern said. “Centinel
stands ready to build on our decades-long legacy of creating communities
that meet modern needs and enhance the lifestyles of the people who live
and work there. We look forward to operating more nimbly and more autonomously
as a U.S.-based, fully owned company.”
Centinel’s current portfolio
comprises over 32,000 homes and apartments and more than 12,000 hotel rooms,
proudly serving more than 3.7 million service members, families and guests
nationwide.
“We are proud to support
the launch of Centinel Public Partnerships as a U.S.-based company with
a legacy of nearly 25 years of excellence in military housing and lodging,”
said Anne Walsh,
chief investment officer of Guggenheim Partners Investment Management.
“This marks a significant step in advancing our commitment to impactful
investments that enhance communities and improve quality of life for service
members and their families across the nation.”
About Centinel Public
Partnerships
Headquartered in Nashville,
Tenn., Centinel Public Partnerships
is dedicated to enhancing the lives of U.S. military members and their
families through its high-quality housing and lodging communities. With
a portfolio of 10 housing communities and over 70 hotels across 26 states
and Puerto Rico, Centinel’s leadership team brings nearly 25 years of experience
to one of the largest military housing privatization portfolios in the
United States. Through its established partnerships with WinnResidential
Military Housing Services and IHG® Hotels & Resorts, hotel operator
and manager of IHG Army Hotels, Centinel provides exceptional communities
and lodging experiences for service members and their families. For more
information, visit www.CentinelUS.com.
About Guggenheim Investments
Guggenheim
Investments is the global asset management and investment advisory
division of Guggenheim Partners, a global investment and advisory firm
with more than $330 billion in assets under management/supervision1.
Guggenheim Investments has more than $243 billion2 in assets under
management across fixed income, equity and alternative strategies. Guggenheim
Investments focuses on the return and risk needs of insurance companies,
corporate and public pension funds, sovereign wealth funds, endowments
and foundations, wealth managers, and high net worth investors with a track
record of delivering results through innovative solutions. For more information,
please visit www.GuggenheimInvestments.com.
1 Assets under management
are as of 12-31-2024 and include consulting services for clients whose
assets are valued at approximately $97bn.
2 Assets under management
are as of 12-31-2024 and include leverage of $14.8bn. Guggenheim Investments
represents the following affiliated investment management businesses of
Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC,
Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim
Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim
Private Investments, LLC, Guggenheim Wealth Solutions, LLC, Guggenheim
Partners Europe Limited, Guggenheim Partners Japan Limited, and GS GAMMA
Advisors, LLC.
Media Contact:
Madison
Scheid
MP&F Strategic Communications
615-259-4000
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