PSP Investments, AIMCo join buy of Parkhouse Apartment Homes

Canadian pension funds Public Sector Pension Investment Board (PSP Investments) and Alberta Investment Management Corp (AIMCo) have partnered with Starlight Investments to buy Parkhouse Apartment Homes, a 465-unit, multi-family property located in Denver, Colorado. No financial terms were released. The deal represents the first in a joint US$1.3 billion program of acquisitions of multi-family communities located in select markets across the United States. Starlight is a Toronto-based real estate investment and asset management firm.

10 October 2017•4 mins read
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