Canadian Residential
Toronto – June 20, 2024 – Starlight Investments (“Starlight”), a global real estate investment and asset management firm, is proud to announce the acquisition of The Lauren, a 186-suite purpose-built rental residence in Vancouver, British Columbia. This strategic acquisition adds to Starlight’s growing residential portfolio in Western Canada and strengthens the company’s position as a leader in Canadian real estate.
Located in Vancouver’s West End, the residence is in a quiet neighbourhood and a 10-minute walk to the beach, Stanley Park, and the restaurants and shops of Davie and Robson Streets. The property is also close to community centers, schools, a library, public transit and major highways, while being a short commute to Vancouver’s entertainment districts.
“We are pleased to continue growing our portfolio in British Columbia with this strategic acquisition,” said Neil Fischler, Executive Vice President, Asset Management, Canadian Residential at Starlight Investments. “This residence, with its contemporary design and quality amenities in a highly desirable location, is a valuable addition to our growing portfolio in the province.”
About the Residence
The residence is a 22-storey rental community located in Vancouver’s West End with panoramic views of English Bay and the North Shore Mountains. It features 186 suites with a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments with in-suite laundry and modern appliances and finishes. The residence includes underground parking and amenities such as a rooftop terrace with a BBQ and dining area, newly upgraded fitness centre, public bike share and a Modo carshare service. It is a pet-friendly property with an off-leash dog park just a few minutes away. The residence also features a public sculpture created by a local artist. The community is professionally managed onsite by Metcap Living.
About Starlight Investments
Starlight Investments is a leading global real estate investment and asset management firm with CAD $28B AUM. A privately held owner, developer and asset manager of over 68,000 multi-residential suites and over 7 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.