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 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)

• Quantum Pacific, Metro Loft’s $105M FiDi purchase, $218M conversion loan hit public records (January 28, 2026)

• Metro Loft, Quantum file DOB plans for 614 units in FiDi conversion (December 26, 2025)

• New York Life acquires Midtown East office from BGO by deed-in-lieu valued at $173.1M (October 31, 2025)

• Idan Ofer’s Quantum Pacific signs contract to buy FiDi office from BentallGreenOak (February 10, 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)

• Ira Fishman borrows $15M from Sun Life Assurance to refi office property in Garment District (May 01, 2020)

• RXR Realty ups recorded debt by $50M from Morgan Stanley, New York Community at Starrett-Lehigh (April 09, 2020)

Court Records:

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Properties:

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