Core and Core Plus Strategy
The Starlight U.S. Multi-Family Core and Core Plus Program targets recently constructed, Class “A” apartment communities in the southeastern and southwestern United States. The program capitalizes on historically low vacancy and strong demographic trends in targeted geographic locations experiencing compelling population growth, employment growth and lifestyle trends.
Value is enhanced by applying Starlight’s rigorous operational controls to manage and reduce costs, and by pursuing ancillary revenue opportunities and maximizing rental rates. Our experienced team is able to provide the full range of investment and asset management services including in-depth financial and management reporting capabilities.
The Starlight U.S. Multi-Family Value-Add Program is focused on achieving increases in rental rates through targeted light value-add capital expenditures to rental units, clubhouses and resident amenities of apartment communities built in 2000 or later. The program also benefits from active asset management utilizing reputable best-in-class U.S.-based property managers to implement net operating growth through ancillary revenue opportunities and expense reduction.