Sun Life Assurance Company of Canada
(Sun Life, SunLife Assurance Company of Canada, Sun Life Financial)
Lender
96 Worcester St Wellesley Hills, MA 02481
Sun Life Assurance Company of Canada NYC portfolio
$152.3 million -hotel 92%, D0 7%; Manhattan 100%*
1140th largest portfolio by dollar value
240,825 sqft – hotel 88%, D0 11%; Manhattan 100%
1384th largest by SF
2 properties – Manhattan 100%
3617th largest
18 residential units – Manhattan 100%
3955th largest by residential units
Notes
Sun Life acquired a majority stake in BGO in 2019.
Company Activity past 24 months:
Seller company: 2 for $278.1 million
Borrower company: 1 for $116.6 million
Lender company: 1 for $900 million
Top Ten Associated Companies:
Quantum Pacific Group (1), Metro Loft Management (1), New York Life Insurance Company (1), Sixth Street Partners (1)
Top Ten Associated People:
Nathan Berman (1), Carter Anatole (1), Heather Lockhart (1)
Recent activity as company:
• Quinlan Development Group borrowed $10.3 million from JLL for 322-326 Columbus Avenue, Upper West Side, Manhattan on February 19, 2026.
• Highgate Hotels and BGO borrowed $116.6 million from Sixth Street Partners for 50 East 29 Street on February 04, 2026.
• BGO and Multi-Employer Property Trust sold 101 Greenwich Street for $105 million to Quantum Pacific Group and Metro Loft Management on January 20, 2026.
• BGO sold 765 3 Avenue for $173.1 million to New York Life Insurance Company on October 20, 2025.
• RXR Realty and Blackstone Group borrowed $900 million from Morgan Stanley, Deutsche Pfandbriefbank, Alabama One Asset Management, MetLife, Aozora Bank, Sun Life Assurance Company of Canada, Woori Bank and Blackstone Group for 259 11 Avenue on December 24, 2024.
• JMart borrowed $24 million from Popular Bank for 46-00 Marathon Parkway on December 15, 2021.
• HSP Real Estate Group borrowed $15 million from Sun Life Assurance Company Of Canada for 45 West 34 Street on March 31, 2020.
Latest Stories:
• Highgate, BGO sign $116.6M refi with Sixth Street for two properties in NoMad (February 18, 2026)
• Metro Loft, Quantum file DOB plans for 614 units in FiDi conversion (December 26, 2025)
• RXR, Blackstone sign $900M modification to 2018 Starrett-Lehigh loan (January 06, 2025)
• JMart pays $30M to Colin Development for mixed-use building in Little Neck (December 23, 2021)
• RXR finishes $4.5M rehab of two floors at Starrett-Lehigh Building in Chelsea (July 13, 2020)
Court Records:
Properties:
