Toronto – February 19, 2015 - Starlight Investments Ltd. (“Starlight”) is pleased to announce that it has been featured in the January 2015 FRPO Fair Exchange of Rental Industry News for its leadership in energy conservation in the Ontario multi-residential sector.
The article titled, “Green Advantage, Starlight Investments Turns Older Buildings into Star Performers” highlights a number of the achievements of Starlight’s energy management program. Recent accomplishments of the program include estimated annual natural gas savings of over 2.2 million cubic metres and carbon dioxide emission reduction equal to 4,100 tonnes per year at 45 of Starlight’s properties that have been upgraded over the past two years.
“One of Starlight’s greatest strengths is identifying opportunities and re-positioning properties to create value. Reducing energy consumption and associated greenhouse impacts helps us separate ourselves as an environmental leader in the multi-residential industry while reducing operating costs and enhancing the overall value of our portfolio,” stated Daniel Drimmer, Chief Executive Officer.
About Starlight Investments Ltd.
Starlight Investments Ltd. is a Toronto-based privately held, full service, real estate investment and asset management company that is driven by an experienced team comprised of more than 105 professionals. Starlight currently manages
$4.5 billion of multi-residential and commercial properties for joint venture partnerships with institutional investors, True North Apartment REIT, True North Commercial REIT, Starlight U.S. Multi Family Core Funds and for private investors. The company’s portfolio consists of approximately 30,500 multi-residential units across Canada and the United States and over two million square feet of commercial properties.
To learn more about Starlight, visit www.starlightinvest.com or contact:
President and Chief Executive Officer
+1 – 416-234‑8444
Vice President, Asset Management
+1 – 416-234‑8444