Transactions

Transactions

Overview

Continuum Residential Real Estate Investment Trust and Starlight Investments close $1.732 Billion deal for 44-building portfolio

December 16, 2019

Continuum Residential Real Estate Investment Trust, an affiliate of Q Management LP, and Starlight Investments announced they have received all regulatory approvals and the sale of the 44-building portfolio to Starlight has closed.

Starlight has acquired the REIT's multi-residential portfolio for $1.732 billion. The Portfolio is comprised of 44 high-rise concrete buildings located primarily in the Greater Toronto Area and contains 6,271 rental suites.

To read the full press release, click here.