Starlight Western Canada Multi-Family (No. 2) Fund (the “Fund”) has completed its initial public offering for total gross proceeds of approximately $130 million of trust units. The Fund was created to indirectly acquire, own and operate a portfolio primarily comprised of income-producing multi-family residential properties in Western Canada.

In connection with the initial public offering, CIBC World Markets Inc. acted as lead agent to the Fund, with a syndicate that included Wellington-Altus Private Wealth Inc., Scotia Capital Inc., Canaccord Genuity Corp., BMO Nesbitt Burns Inc., National Bank Financial Inc., Richardson Wealth Limited., Desjardins Securities Inc., Echelon Wealth Partners Inc., iA Private Wealth Inc., Laurentian Bank Securities Inc. and Raymond James Ltd. (collectively, the “Agents”).

Blake, Cassels & Graydon LLP acted for the Fund.

Wildeboer Dellelce LLP acted for the Agents in connection with the initial public offering with a team that consisted of Daniel Shapira (real estate), Rebecca Cochrane, Sarah Wahba, Jeff Arnold (corporate/securities), and Katy Pitch (tax).