Matthew Cervino
Managing Partner
BGO
(BentallGreenOak, NewTower Trust Company, Sun Life Assurance Company of Canada)
399 Park Avenue 18th Floor New York, NY 10022
555 Washington Avenue Suite 240 Miami Beach, FL 33139
BGO NYC portfolio
$1.9 billion -office 56%, elevator 27%, hotel 7%; Manhattan 92%, Brooklyn 7%*
116th largest portfolio by dollar value
2,657,896 sqft – office 46%, elevator 34%, hotel 8%; Manhattan 89%, Brooklyn 10%
177th largest by SF
10 properties – Manhattan 54%, Brooklyn 45%
991th largest
1,179 residential units – Manhattan 74%, Brooklyn 25%
289th largest by residential units
1 foreclosure, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Borrower signatory: 2 for $357.6 million
Top Ten Associated Companies:
Turnbridge Equities (1), Affinius Capital (1), Clarion Partners (1), Capital One (1), Sixth Street Partners (1)
Top Ten Associated People:
Charles Monchik (1), Brad Cohen (1), Dennis Haydel (1), Heather Lockhart (1)
Recent activity as signatory:
• Highgate Hotels and BGO borrowed $116.6 million from Sixth Street Partners for 50 East 29 Street on February 04, 2026.
• BentallGreenOak and Slate Property Group borrowed $241 million from Capital One for 423 East 53 Street on July 30, 2025.
• BentallGreenOak and Slate Property Group borrowed $163.4 million from Affinius Capital and Clarion Partners for 780 8 Avenue on March 17, 2023.
• Turnbridge Equities sold 876 Essex Street for $24.8 million to BentallGreenOak on January 28, 2021.
Latest Stories:
• Highgate, BGO sign $116.6M refi with Sixth Street for two properties in NoMad (February 18, 2026)
• BGO signs $241M refi with Capital One for 394-unit rental in Sutton Place (August 08, 2025)
• BentallGreenOak pays $20.4M for industrial in East New York where it was tenant (April 11, 2023)