Our History
History of Identifying Opportunities and Unlocking Value
Present
- Starlight grows to $11B AUM comprised of 36,000 multi-family units and 6.2M commercial square feet
- Starlight U.S. Multi-Family (No. 5) Core Fund sold to Canadian publicly listed real estate vehicle
- Starlight Canadian Residential Growth Fund formed for acquisition of $1.2B of Canadian multi-family real estate
- Third unlisted retail limited partnership formed for acquisition of Southern U.S. class "A" value-add multi-family real estate
2018
- Sixth institutional partnership formed with a global real estate investment firm for acquisition of Canadian multi-family real estate
- Starlight Hybrid Global Real Assets Trust formed and listed on the Aequitas NEO Exchange Inc. (NEO: SCHG.UN)
- Starlight Capital platform formed with a focus on investing in listed global real estate and infrastructure securities
- Second unlisted retail limited partnership formed for acquisition of Southern U.S. class "A" value-add multi-family real estate
- Strategic U.S.$920.5M debt refinancing of Starlight U.S. Multi-Family (No. 5) Core Fund portfolio
2017
- Fifth institutional partnership formed with two pension funds for acquisition of U.S.$1.3B of Southern U.S., class “A” core multi-family real estate
- First unlisted retail limited partnership formed for acquisition of Canadian multi-family real estate
- Starlight U.S. Multi-Family (No. 1) Value-Add Fund formed and listed on the TSX Venture Exchange (TSX:V:SUVA.A and SUVA.U), with Starlight as asset manager
- Fourth institutional partnership formed with a North American insurance company for investment in Canadian commercial real estate
2016
- Starlight U.S. Multi-Family (No. 5) Core Fund formed and listed on the TSX Venture Exchange (TSX:V:STUS.A and STUS.U) through the consolidation of Starlight U.S. Multi-Family Closed-End Real Estate Funds, with Starlight as asset manager
- Partnership formed with a European Family Office for investment in Canadian commercial real estate
2015
- Third institutional partnership formed with a pension fund for investment in Canadian and U.S. multi-family real estate
- Second institutional partnership formed with a pension fund for investment in Canadian multi-family real estate
- Northview Apartment REIT formed and listed on the TSX (TSX:NVU.UN) through the acquisition of True North Apartment REIT by Northern Property REIT, with Starlight as transitional asset manager
2013
- Starlight U.S. Multi-Family forms first of four Closed-End Real Estate Funds listed on the TSX Venture Exchange, with Starlight as asset manager
- Starlight U.S. Multi-Family formed, with a focus on Southern U.S.
2012
- True North Commercial REIT formed and listed on the TSX (TSX:TNT.UN), with Starlight as asset manager
- True North Apartment REIT formed and listed on the TSX, with Starlight as asset manager
- Starlight privatizes TransGlobe Apartment REIT with a consortium generating 60% returns to initial public offering investors
2011
- Starlight formed, a real estate investment and asset management company
2010
- TransGlobe Apartment REIT completes initial public offering and listed on the TSX
- TransGlobe grows to over 30,000 multi-family units and 1M square feet of commercial space
- TransGlobe’s commercial portfolio sold to a Canadian Real Estate Investment Trust
2007
- TransGlobe grows to $2B of assets under management across Canadian multi-family and commercial real estate
- First institutional partnership formed with a pension fund for investment in the Canadian multi-family and commercial real estate
1995
- TransGlobe Property Management formed, a vertically integrated real estate asset and property manager