Sponsor is a joint venture between wholly owned subsidiaries of Starlight Group Property Holdings Inc. (“Starlight”), Public Sector Pension Investment Board (“PSPIB”) and Future Fund Board of Guardians (“Future Fund”)
Collateral
The Portfolio is comprised of six class A and one class B suburban multifamily properties located throughout five states. All Properties were built between 1994 and 2007, with 35% of the units within the portfolio having undergone renovation plans that started in 2019 which totaled $15,400 per renovated unit, achieving a 21.0% yield on cost