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Starlight Investments Hosts Ribbon Cutting for Newly Built Luxury Multi-Residential Property

Canadian Residential

Toronto – March 13, 2018 – Starlight Investments (“Starlight”) is pleased to announce that it has officially opened the doors on the newly built luxury style, concrete multi-residential property located at 49 Queen Street East in Cambridge, Ontario (“Riverview”). Purchased through a recently completed forward purchase contract, Riverview offers 153 one and two bedroom units furnished with premier finishes and modern designs.

Daniel Drimmer, Starlight’s President and Chief Executive Officer, welcomed members of Cambridge city council, including Mayor Doug Craig, as well as members of HIP Developments and Melloul Blamey, to commemorate a successful collaboration.

Riverview was a vision created by HIP Developments to enhance and repopulate the Hespeler village by providing a condo style luxury rental property. That vision was brought to life by Melloul Blamey and I think we can all agree that the finished product speaks for itself. Starlight is honoured to be a part of this project and our joint efforts have allowed for Riverview residents to enjoy high quality living in their community”, stated Daniel Drimmer, President and Chief Executive Officer.

Managed onsite by Greenwin Property Management, Riverview offers its residents spacious layouts, modern designs and premier finishes. Unit features include stainless steel appliances and in-suite laundry plus extraordinary balcony views of the Speed River, Mill Pond or Cambridge’s upscale Village of Hespeler. The Property’s nearby amenities include restaurants and retail shops as well as the Fashion History Museum. The Property is in close proximity to many hiking and bike trails as well as local parks and has access to major highways.

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 120 professionals. Starlight currently manages $7.5 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 34,000 multi-residential units across Canada and the U.S. and over 4.6 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-.

David Chalmers
President Canadian Multi-Family
+1 – 416-2348444
dchalmers@​starlightinvest.​com

Lauren Kenney
Executive Director Communications and Human Capital
+1 – 416-2348444
lkenney@​starlightinvest.​com