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Starlight Developments Commences Construction of 25 Unit Purpose Built Rental Building in Toronto, ON

Canadian Residential

Toronto – March 30, 2021 – Starlight Developments (“Starlight”), a division of Starlight Investments, announced today that it has commenced construction of a 25 unit purpose-built rental complex at 15 Brenthall Street, Toronto, Ontario. The development is located in North York’s Newtownbrook West neighbourhood. The property is minutes away from a wide range of retail amenities, supermarkets, community services, restaurants, boutiques, trendy cafes, access to major roadways and transit.

The in-fill development is adjacent to an existing four storey, 47 unit mid-rise building fronting onto Brenthall Street. The three-storey building comprising 25 stacked townhouses includes 24 two- bedroom units and one three-bedroom unit. All units will include luxury finishes including a smart home technology package, nine-foot ceilings, in-suite laundry and a private balcony or terrace. Outdoor amenities to include a landscaped courtyard, underground parking and bicycle storage.

With the commencement of construction at 15 Brenthall, Starlight is able to extend our commitment to bringing needed new purpose-built rental units to North York, in the city of Toronto, Ontario.” stated Daniel Drimmer, Starlight’s President and Chief Executive Officer.


About Starlight Developments

Starlight Developments believes in the lasting value of complete communities. We are proud to be one of Canada’s leading developers and managers of purpose-built rental housing, office, retail and mixed-use developments. Starlight Developments strives for our residents to experience improved quality of living, with access to best in class amenities. We build environments that are modern, diverse, and sustainable places where people want to live, work, shop and play and we are committed to protecting the health and safety of our residents, staff and neighbours. Starlight Developments believes in being active, engaged and contributing members of the community.

About Starlight Investments

Starlight Investments is a privately held Toronto-based, full service, multi-family and commercial real estate investment and asset management company driven by an experienced team of over 300 professionals. The company currently manages over $20.0 billion of direct real estate as well as real estate investment securities. Investment vehicles include institutional joint ventures, True North Commercial REIT, Starlight U.S. Multi-Family Funds, the Northview Canadian High Yield Fund and Starlight Capital Funds. Starlight Investment’s portfolio consists of approximately 70,000 multi- residential units across Canada and the U.S. and over 8.0 million square feet of commercial properties. Please visit us at www​.starlight​in​vest​.com and connect with us on LinkedIn at www​.linkedin​.com/​c​o​m​p​a​n​y​/​s​t​a​r​l​i​g​h​t​-​i​n​v​e​s​t​m​e​n​t​s​-ltd-

Daniel Drimmer
President and Chief Executive Officer
+1 – 416-2348444
ddrimmer@​starlightinvest.​com

Josh Kaufman
Vice President Development and Construction Canadian Multi-Family
+1 – 416-2348444
jkaufman@​starlightinvest.​com

Lauren Kenney
Vice President Human Capital & Communications
+1 – 416-2348444
lkenney@​starlightinvest.​com