BentallGreenOak (U.S.) Limited Partnership

BentallGreenOak is led by a senior management team that includes CEO Sonny Kalsi and a global investment committee. Day-to-day decisions are made by sector and regional heads, with oversight from Sun Life Financial's asset management division. The firm's structure blends centralized strategy with local execution across its offices.

The firm sources deals through its established local platforms in the U.S., Canada, Europe, and Asia, leveraging relationships with developers, owners, and intermediaries. It also manages a large portfolio of properties that generates operational data and insights, giving it an edge in identifying value-add opportunities. Its institutional parent provides capital relationships that open doors to exclusive transactions.

BentallGreenOak is a traditional asset manager, not a family office. It is a subsidiary of Sun Life Financial and operates with a fiduciary duty to institutional clients. Its structure includes multiple fund vehicles, separate accounts, and debt platforms, typical of large real estate investment managers.

BentallGreenOak participates in both fund commitments and direct investments. It manages open-end and closed-end funds that pool capital from multiple institutional investors, and it also executes direct property and debt transactions through separate accounts. The firm's platform allows for co-investments alongside clients.

BentallGreenOak targets the full spectrum of real estate investment stages, from core to core-plus and value-add, as well as opportunistic positions. It also engages in transitional debt and mezzanine financing. This range allows it to serve different risk-return preferences across its client base.

BentallGreenOak does not publicly disclose explicit avoidance sectors, but its focus is predominantly on traditional commercial real estate asset classes—office, industrial, retail, and multifamily. It generally avoids niche sectors like self-storage, data centers, or specialized industrial unless they align with client mandates. The firm's investment committees evaluate such opportunities on a case-by-case basis.

BentallGreenOak is a wholly owned subsidiary of Sun Life Financial, a Canadian insurance and financial services firm. Sun Life's capital supports BentallGreenOak's investment activities and provides a stable base for its funds. The relationship allows BentallGreenOak to access Sun Life's institutional network and adhere to its governance framework.