PR Newswire·Jul 2, 2026, 3:26 PM ET

Sun Life completes acquisition of Bell Partners

Sun Life Financial Inc. completed its acquisition of Bell Partners, a U.S. multifamily real estate investment manager & vertically integrated property management business.
The purchase price was US$350 million, with approximately 80% paid in Sun Life common shares.
Sun Life acquired a 100% interest in Bell Partners, which will continue to operate as a distinct business under BGO.
Bell Partners will retain its current leadership, property-level branding, office locations, investment vehicles, & client focus.
The acquisition expands Sun Life's asset management capabilities within the U.S. multifamily real estate sector.
As of July 2, 2026, Bell Partners operates within BGO, which had approximately US$100 billion in assets under management combined with Bell Partners as of March 31, 2026.
Bell Partners manages approximately 65,000 apartment homes across 12 regions in the U.S. & employs about 1,800 associates in nine offices.
Sun Life's total assets under management stood at $1.58 trillion as of March 31, 2026.
SLC Management, the institutional asset management arm of Sun Life, reported US$308 billion in assets under management as of March 31, 2026.