Two major investors in New York’s real estate market are joining forces. Insurance and asset management company Sun Life Financial announced Wednesday that it plans to merge its real estate investment subsidiary Bentall Kennedy with GreenOak Real Estate. Sun Life will own 56 percent of the combined company, Bentall GreenOak. GreenOak’s shareholders will own the remaining 44 percent, and are also set to receive $195 million in cash as part of the deal. Sun Life […]
source https://therealdeal.com/2018/12/19/greenoak-bentall-kennedy-to-merge/
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