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Content tagged with: Apartments

Starlight fund to acquire Victoria-area apartment bldg., fully deploy IPO equity

RENX Staff Residential Apartments British Columbia Nov. 1 2023

Starlight’s Western Canada Multi-Family (No. 2) Fund has an agreement to acquire a six-storey mid-rise building with 106 apartments in Langford, B.C., a $43.5-million transaction which will fully deploy equity from the fund’s initial public offering.

Demand high, vacancy remains low in Calgary multifamily market

Mario Toneguzzi Residential Apartments Calgary Oct. 23 2023

Tight vacancy and increasing rents have been the story for Calgary’s multi-residential rental market recently and that’s not likely to change anytime soon: the city’s population continues to grow and housing supply is at crisis levels.

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