
News | Starlight launches $750 million fund to buy apartments in Canada's largest markets
In this episode, Sandy MacKay provides an introduction and overview of Starlight Investments' new fund, exploring its potential impact on the multifamily real estate market. He discusses the growth and resilience of the multifamily market in Canada, highlighting key factors contributing to its stability and expansion. Sandy examines how these developments may influence investment strategies and market dynamics within the sector.
Key Points
- Starlight Investments has launched a $750 million fund to acquire purpose-built multifamily rental properties in Canada's largest urban markets.
- The Starlight Canadian Core Multi-Family Fund is supported by a $415 million equity contribution from CIBC Investment Management.
- This fund aims to capitalize on the robust growth in Canada's multifamily market, offering investors a unique opportunity in a thriving sector.
Chapters
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Transcript
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