WF selling Eastdil Secured?

WSJ reporting talks are heating up with Guggenheim now joining Temasek (Singapore SWF) in their pursuit of Eastdil (https://www.wsj.com/articles/wells-fargo-in-talks-to-sell-real-estate-b…</a">link) From the sound of it, this is a passive investment from Guggenheim and wouldn't be rolled into their advisory business. I assume that this basically means that Eastdil's existing management team would continue to run the business. I'm sure that they have been a little hamstrung being part of a large bank (WF) - anyone have any insight on products/services lines that would benefit from the additional autonomy?

Interesting quote from SWF institute blurb on potential sale (https://www.swfinstitute.org/swf-news/temasek-and-guggenheim-venture-po…</a">link) “With demand for institutional real estate in the US not slowing down, sovereign wealth funds are trying to find channels to access more deal flow in America.” Interesting concept - but I would have to imagine they would be very cautious about any perceived conflict of interest inherent with giving their ownership any preferential treatment... As others have mentioned here and elsewhere on the forum, they have experience with this under their current ownership.

Last thing on subject was an article from costar (https://product.costar.com/home/news/135496389</a">link) which implies that the HFF sale could offer insights to pricing for Eastdil. Not sure the businesses are as analogous as the article implies given their relative size and HFF's loan servicing business but it will be interesting to see.