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Starlight Investments Sells Residences at Cinco Ranch for $37 Million

Toronto Investment Firm Trims U.S. Holdings with Sale of Suburban Houston Apt. Complex
By James Saris
June 7, 2017 | 2:43 P.M.

Starlight Investments' U.S. Multifamily (No. 5) Core Fund (TSX.V: STUS.A, STUS.U) has sold the Residences at Cinco Ranch located in the Houston suburb of Richmond, TX to California-based CWS Capital Partners for approximately $37.2 million, or about $124,000 per unit.

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