BGO and Bell Partners have entered into an agreement to combine their businesses to deepen their posi-tion as a leader across both the commercial and multifamily sectors, following Sun Life Financial’s recent acquisition of Bell Partners.
Upon closing, the combined global real estate platform of BGO and Bell Partners will have more than $100 billion in assets under management. Bell Partners will continue to operate as a distinct, verti-cally integrated business under BGO and will oversee the company’s U.S. multifamily assets.
Bell Partners will be led by its existing leadership team and will continue to operate as it does today, retaining its company and property brand and focus on investment and property management.
In parallel to this transaction, Sun Life Financial has completed the acquisition of the remaining eq-uity interests in BGO, its global real estate investment management adviser and provider of real estate services, as well as Crescent Capital G