Starlight, Blackstone acquire Toronto multi-family properties
A joint venture of Starlight Investments and Blackstone Property Partners (BPP) has acquired a second portfolio of multi-family real estate assets in Canada. No financial terms were disclosed. The portfolio consists of eight mid-rise and high-rise buildings totalling 1,067 units in neighbourhoods in the Toronto region. Starlight, a Toronto-based real estate investment and asset management firm, and BPP marked the formation of their joint venture last year with the acquisition of six multi-family properties in Toronto and Montréal.
27 February 2019•2 mins read
