GWL Realty Advisors U.S. Inc. will acquire Boston-based Guggenheim Real Estate LLC.

Terms for the deal were not disclosed.

The transaction is scheduled to close in the fourth quarter, subject to regulatory approvals and certain closing conditions.

Guggenheim Real Estate will be merged with EverWest Real Estate Investors, a real estate investment management and operating company acquired by GWL Realty Advisors in February.

Guggenheim Real Estate is the real estate private equity platform of Guggenheim Investments, the global asset management and investment advisory division of Chicago-based Guggenheim Partners LLC.

GWL Realty Advisors is a subsidiary of Canada-based Great-West Lifeco Inc.