Starlight Investments Successfully Closes Canadian Multi-family Growth Fund IV
Toronto, March 17, 2026 – Starlight Investments, a prominent global real estate investment and asset management firm, has officially announced the closure of its Canadian Multi-family Growth Fund IV. This latest fund marks the most significant fundraising achievement in the organization’s history, facilitating the acquisition of over 10,000 rental units across Canada's major markets.
The successful closure of Growth Fund IV reflects strong equity commitments from a diverse and global investor base. Notably, this fund attracted significant participation from institutional investors spanning Canada, the Asia-Pacific region, and Europe, the Middle East, and Africa (EMEA). The fund saw substantial reinvestments from existing partners as well as new global investors entering the mix.
Raj Mehta, President of Global Markets for Starlight Investments, stated, “The closure of the Growth Fund IV underscores renewed trust in Starlight’s global expertise, our history, and our proven performance in Canadian multifamily housing. It also highlights the long-term fundamentals supporting rental housing nationwide.” He expressed gratitude for the trust shown by long-term investors and newcomers, assuring that the firm is committed to generating stable, long-term value through disciplined investments and proactive asset management.
The Growth Fund platform is dedicated to acquiring, managing, and overseeing high-quality residential properties located in prime Canadian cities. Guided by operational excellence, this platform provides professionally managed rental communities that generate sustainable value for investors, while enhancing residents' experiences.
For over thirty years, Starlight has been recognized as a leader in global real estate investment and asset management, demonstrating a track record of responsible management through its strategic real estate endeavors. As it continues to expand its global footprint, Starlight manages and invests on behalf of institutional partners across multiple continents.
About Starlight Investments
Starlight Investments is a leading international real estate investment and asset management firm based in Toronto, Ontario, Canada. With ownership, development, and management of over 70,000 multi-residential apartments and more than 7 million square feet of commercial space, Starlight oversees CAD 30 billion in assets under management. The firm provides a variety of investment vehicles within diverse real estate strategies. Starlight’s mission is to balance its mandate with visionary curiosity to create a positive impact for investors and communities alike. They invest with purpose, ensuring a beneficial influence on the markets and regions they are involved in.
For further information, you are encouraged to visit
www.starlightinvest.com or connect with Starlight on LinkedIn.