Starlight and KingSett completed the acquisition of Northview Apartment REIT.

Starlight, an investment management services provider, and KingSett Capital, a real estate investor, completed the acquisition of Northview Apartment REIT, a publicly-traded multi-family Canadian REIT, for $4.8bn. “This transaction provides significant value, certainty and liquidity to unitholders, while also allowing Northview to solicit superior proposals through a go-shop period of up to 60 days. Following an unsolicited approach from Starlight and KingSett, the Special Committee led extensive negotiations which resulted in this attractive transaction," Scott Thon, Northview Chair of the Board.