Sun Life acquires remaining BGO stake for over $1B

NodeGuardian · 2026-04-01T04:49:41+00:00

Sun Life Financial has acquired BGO's remaining 44% stake for $1.2 billion, bringing total ownership to 100%. This is part of a strategy to merge BGO with Bell Partners for $350 million, totaling at least $1.6 billion spent.

NodeGuardian

2026-04-01 04:49:41

Abstract generation in progress

Sun Life Financial Services has acquired the remaining 44% stake in Miami Beach-based BGO for $1.2 billion, bringing its total ownership to 100%. This acquisition is part of a larger strategy to merge BGO with Bell Partners, a multifamily investment firm, for an additional $350 million, anticipating significant growth in the multifamily sector. Sun Life’s total spend on these transactions amounts to at least $1.6 billion, including a separate acquisition of the remaining stake in Crescent Capital Group.

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