Starlight Investments Ltd. Expands Portfolio in Mississauga

Starlight Investments Ltd. Expands Portfolio in Mississauga
100 DUNDAS STREET EAST, MISSISSAUGA, ONTARIO
Starlight Investments Ltd. (“Starlight”) is pleased to announce that it has completed the acquisition of a 169 unit multi-family complex, located at 100 Dundas Street East in Mississauga, Ontario.
The property (the “Property”) is a thirteen-storey high-rise located near the city centre, only minutes away from the popular Square One Shopping Centre. The Property’s location provides convenient access to neighbourhood schools and parks, and is just minutes from Highway 401, the Queen Elizabeth Way (QEW) and Highway 403. Features of the Property also include an in-ground pool, beautiful glass balconies, indoor and outdoor parking, and secured entrances with cameras.
The Property will be managed on site by Berkley Property Management.
“100 Dundas Street is a centrally situated property with a strong tenant base and aligns well with our current portfolio in the city of Mississauga.” stated Daniel Drimmer, Starlight’s Chief Executive Officer.
The acquisition of this Property further strengthens Starlight’s presence in Mississauga, demonstrates Starlight’s access to investment opportunities and reflects Starlight’s reputation for successfully negotiating and executing transactions.
About Starlight Investments Ltd.
Starlight Investments Ltd. is a Toronto-based privately held real estate investment and asset management company that is driven by an experienced team comprised of more than 90 professionals. Starlight currently manages $3.5 billion of Canadian multi-residential and commercial properties for a joint venture partnership with a major Canadian Pension Fund, 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 27,000 multi-residential units across Canada and the United States and nearly two million square feet of commercial properties.
To learn more about Starlight, visit www.starlightinvest.com or contact:
Daniel Drimmer
President and Chief Executive Officer
416-234-8444
David Chalmers
Vice President, Asset Management
416-234-8444