Starlight Investments Announces Closure of Canadian Multi-Family Growth Fund IV

NightAirdropper · 2026-03-18T00:58:04+00:00

Starlight Investments has successfully completed its fourth fund focused on Canadian multi-residential real estate, raising significant equity commitments from global investors, with plans to acquire over 10,000 rental units, demonstrating ongoing confidence and strategic commitment to the rental housing market.

NightAirdropper

2026-03-18 00:58:04

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Starlight’s largest fundraising to date enables us to acquire over 10,000 rental units

Toronto, March 17, 2026 /PR Newswire/ – Global leading real estate investment and asset management firm Starlight Investments (hereinafter “Starlight”) today announced the successful closing of Starlight Canadian Residential Growth Fund IV (hereinafter “Growth Fund IV”), the fourth fund in the company’s flagship growth fund series focused on multi-family real estate in Canada.

Starlight Investments

Growth Fund IV received significant equity commitments from a diversified global investor base, enabling the acquisition of over 10,000 rental units in major Canadian markets. The fund attracted strong participation from institutional investors across Canada, Asia-Pacific, Europe, the Middle East, and Africa (EMEA), including substantial re-commitments from existing limited partners and several new global investors in this hybrid vehicle.

Raj Mehta, President of Global Markets at Starlight Investments, said: “The closing of Growth Fund IV reflects ongoing confidence in Starlight’s global experience, proven track record and performance in Canadian multi-family housing, and the long-term fundamentals supporting rental housing nationwide.” “We appreciate the trust shown by both longstanding and new investors, and remain focused on delivering stable long-term value through disciplined investing and active asset management.”

Starlight’s growth fund platform focuses on acquiring, managing, and operating high-quality, well-located rental properties in major Canadian cities. Backed by excellent operational expertise, the platform provides professionally managed rental communities that create lasting value for investors while enhancing resident experience.

For over thirty years, Starlight has been a leading global real estate investment and asset management company, delivering proven performance and responsible management within its real estate strategies. The company continues to expand its global footprint, managing and investing on behalf of institutional partners across multiple continents.

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