Fitch Rates Guggenheim Structured Real Estate Funding 2006-4, Ltd./LLC.

NEW YORK -- Fitch has assigned the following ratings to Guggenheim Structured Real Estate Funding 2006-4, Ltd. and Guggenheim Structured Real Estate Funding 2006-4, LLC (collectively, the 'co-issuers') notes:

--$6,000,000 class S Fixed Rate Interest-Only Notes Due 2012 'AAA';

--$265,000,000 class A-1 Floating Rate Notes Due 2047 'AAA';

--$36,250,000 class A-2 Floating Rate Notes Due 2047 'AAA';

--$43,750,000 class B Floating Rate Notes Due 2047 'AA';

--$26,875,000 class C Deferrable Interest Floating Rate Notes Due 2047 'A+';

--$14,375,000 class D Deferrable Interest Floating Rate Notes Due 2047 'A';

--$13,750,000 class E Deferrable Interest Floating Rate Notes Due 2047 'A-';

--$13,750,000 class F Deferrable Interest Floating Rate Notes Due 2047 'BBB+';

--$15,000,000 class G Deferrable Interest Floating Rate Notes Due 2047 'BBB';

--$10,625,000 class H Deferrable Interest Floating Rate Notes Due 2047 'BBB-'.

For more information, please see the presale report titled 'Guggenheim Structured Real Estate Funding 2006-4, Ltd./LLC', available on the Derivative Fitch web site www.derivativefitch.com. Additional information about the collateral manager is also available on the Fitch web site.

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