Starlight Canadian Residential Growth Fund III closes at $1.2B

Photo of author

By CPE News

CPE News Brief(6.14.2022) – Starlight Canadian Residential Growth Fund III, Starlight Investments’ third co-mingled fund focused on the stable and high performing Canadian multi-family sector, has raised CDN $1.2 billion in capital commitments.

Fund III size exceeds the combined size of Fund I (2019) and Fund II (2020).

Fund III also for the first time attracted foreign investors to the fund, raising 61% of the total commitments from foreign investors.

Founded in 2011, Starlight Investments is a leading North American Real Estate investor focused on multi-family and commercial properties. With over 360 employees specializing in real estate and asset management, Starlight manage assets on behalf of publicly listed, institutional and private investors.

photo credit: Starlight Investments