The largest fund raised to date by Starlight, enabling the acquisition of more than 10,000 rental suites
TORONTO, March 17, 2026 /PRNewswire/ — Starlight Investments (“Starlight”), a leading global real estate investment and asset management firm, today announced the successful closing of Starlight Canadian Residential Growth Fund IV (“Growth Fund IV”), the fourth fund in the company’s flagship series of growth funds focused on Canadian multifamily real estate.
Growth Fund IV has received significant equity commitments from a diverse and global investor base, enabling the acquisition of over 10,000 rental units in Canada’s major markets. The Fund has attracted strong participation from institutional investors in Canada, Asia Pacific and Europe, the Middle East and Africa (EMEA), including substantial re-commitments of existing limited partners, alongside several new global investors in this mixed vehicle.
“The closing of Growth Fund IV reflects continued confidence in Starlight’s global experience, proven track record and performance in the Canadian multifamily sector, as well as the long-term fundamentals that support rental housing across the country,” said Raj Mehta, President, Global Markets, Starlight Investments. “We appreciate the trust shown by long-time and new investors, and remain focused on creating stable, long-term value through disciplined investing and active asset management.
Starlight’s growth fund platform is focused on the acquisition, management and stewardship of high-quality, well-located rental properties in major Canadian cities. Backed by operational excellence, the platform offers professionally managed rental communities that create lasting value for investors while enhancing the resident experience.
For more than three decades, Starlight has been one of the world’s leading real estate investment and asset management companies, delivering proven performance and responsible management across all of its real estate strategies. The company continues to expand its global presence, managing and investing on behalf of institutional partners across multiple continents.
About Starlight Investments
Starlight Investments is a leading global real estate investment and asset management company headquartered in Toronto, Ontario, Canada. A private owner, developer and asset manager of over 70,000 multi-residential apartments and over 7 million square feet of commercial space with C$30 billion in assets under management, Starlight offers a range of investment vehicles in various real estate strategies. Starlight’s guiding mission is to balance its mandate with visionary curiosity to create positive impact for investors and communities. At Starlight, we invest with impact.
Learn more about www.starlightinvest.com or connect with us on LinkedIn.
Contacts: Raj Mehta, President, Global Markets, +1-647-725-0498, rmehta@starlightinvest.com; Talia Schwebel, vice-president, marketing and communications, media@starlightinvest.com
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SOURCE Starlight Investments
