Toronto – March 30, 2023 – Starlight Investments (“Starlight”), a leading Canadian real estate investment and asset management company, announced today that it has completed the acquisition of a new purpose-built residence, known as The CoMo, comprised of 59 residential suites, located in Coquitlam, British Columbia.
The multi-family residence is ideally located in the highly desirable West Coquitlam neighborhood and features 59 well-appointed suites, ranging from studios to three-bedrooms. The new residence’s proximity to retail amenities and major outdoor recreational activities like the Vancouver Golf Club provide an enriched experience for residents. The property is also conveniently located close to public transportation, shopping centers, and recreational facilities, adding to its attractiveness and appeal. The acquisition further expands Starlight Investments’ portfolio of properties in the Coquitlam area and is part of the company’s ongoing strategy to acquire high-quality properties in key markets.
“We are pleased to be able to continue to expand our portfolio in British Columbia, and specifically within Coquitlam,” said Neil Fischler, Starlight Vice President, Asset Management, Canadian Residential. “The CoMo’s exceptional design, combined with its high-quality finishes, amenities and the natural attractiveness of West Coquitlam make it a valuable addition to our growing portfolio of properties in the province.”
The newly acquired residence features a range of amenities, including secured entry, underground parking, bicycle storage and storage lockers. The residence also features a large rooftop space that includes a lounge area, personal agriculture plots for residents and a dog run. All suites are equipped with in-suite laundry, energy-efficient, stainless-steel appliances, and feature modern and spacious layouts with contemporary finishes such as quartz countertops and luxury vinyl flooring. The CoMo will be professionally managed by MetCap Living.
Starlight Investments is a leading global real estate investment and asset management firm. A privately held owner, developer and asset manager of over 77,000 multi-residential suites and over 8 million square feet of commercial property space, we offer a range of investment vehicles across various real estate strategies. Starlight’s guiding mission is to balance our tenure with visionary curiosity to create positive impact for investors and communities alike. At Starlight, we invest with impact.
Learn more at www.starlightinvest.com or connect with us on LinkedIn.
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