Impact
Starlight Investments proudly announces its dual triumph in the prestigious Jackson Control Sustainability Awards, clinching top honours for our U.S. residential portfolio in the multi-family housing asset class for Carbon Reduction and Energy Conservation, as well as Water Conservation. These accolades, bestowed by the Institute of Real Estate Management (IREM), underscore Starlight’s unwavering commitment to Environmental, Social, and Governance (ESG) principles, reinforcing its position as a leader in sustainable real estate practices.
The Jackson Control Sustainability Awards recognize excellence among the IREM Certified Sustainable Properties (CSP®) certification recipients, spotlighting outstanding performance in sustainable building management. Both Summermill at Falls River and Lassiter North Hills, managed by Avenue5 Residential and located in Raleigh, North Carolina, earned the esteemed IREM CSP® green building certification in 2023, a testament to Starlight’s dedication to sustainability.
“As the global community increasingly recognizes the importance of ESG considerations, Starlight Investments proudly acknowledges the honour of being recognized by the Jackson Control awards for our outstanding achievements in both Carbon Reduction and Energy Conservation, as well as Water Conservation. The company understands that integrating ESG factors into its operations is not only essential for long-term success but also for creating positive societal and environmental impacts,” commented Scott Bigford, Senior Vice President, Asset Management.
Summermill at Falls River secured the Carbon Reduction and Energy Conservation Award for its remarkable achievements in reducing carbon emissions and implementing energy-saving initiatives. Starlight’s robust energy management program helps reduce operating costs and enhances energy efficiency, paving the way for significant environmental benefits.
Lassiter North Hills secured the Water Conservation Award, recognizing its exceptional efforts in water preservation. Starlight’s longstanding commitment to ESG is evident through various initiatives, including the installation of ENERGY STAR appliances, adoption of low-flow fixtures, meticulous monitoring of energy and water usage, and utilization of eco-friendly materials in both resident suites and common areas.
Moreover, Starlight Investments boasts a comprehensive resident engagement program designed to foster community collaboration on ESG initiatives. By educating and raising awareness among residents, Starlight empowers individuals to actively participate in driving carbon, energy, water, and waste reduction efforts within their communities.
These accolades underscore Starlight Investments’ unwavering dedication to sustainability and ESG principles, setting a benchmark for excellence in the real estate industry. As a responsible steward of the environment and communities it serves, Starlight remains committed to creating a positive impact for residents, buildings, and communities alike.
For more information on Starlight Investments’ sustainability initiatives, visit our website.
ABOUT STARLIGHT INVESTMENTS
Starlight Investments is a leading global real estate investment and asset management firm. A privately held owner, developer and asset manager of over 66,000 multi-residential suites and 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.
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