Toronto – September 21, 2018 – Starlight Investments (“Starlight”) is pleased to announce the acquisition of nine buildings (the “Properties”) in Toronto and the surrounding Greater Toronto Area. The acquisition of these buildings will add roughly 1500 units to Starlight’s existing portfolio.
The Properties consist of one, two and three bedroom units and offer amenities such as surface and underground parking, on-site laundry, controlled security systems and on-site storage. Nearby amenities include local retail shops, grocery stores, restaurants, gas stations, public and catholic schools, public parks and green spaces. The Properties offer access to public transit, city landmarks, GO Transit and major highways.
“Starlight is pleased to continue to expand its presence in Toronto and the Greater Toronto Area with the addition of these nine strategically located multi-residential buildings,” stated Daniel Drimmer, Starlight’s President and Chief Executive Officer.
About Starlight Investments
Starlight is a Toronto-based privately held, full service, real estate investment and asset management company driven by an experienced team comprised of over 150 professionals. Starlight currently manages over $9.0 billion of multi-residential and commercial properties for joint venture partnerships with institutional investors, Northview Apartment REIT, True North Commercial REIT, Starlight U.S. Multi-Family (No. 5) Core Fund and Starlight U.S. Multi-Family (No.1) Value-Add Fund and for private investors. Starlight’s portfolio consists of approximately 36,000 multi-residential units across Canada and the U.S. and over 5.9 million square feet of commercial properties. Please visit us at www.starlightinvest.com and connect with us on LinkedIn at www.linkedin.com/company/starlight- investments-ltd-.
President Canadian Multi-Family
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Executive Director Communications and Human Capital
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