archiveResidential Real Estate

Funds

Starlight U.S. Residential Fund to Dispose of 56 Single-Family Homes in Atlanta, Georgia

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 19, 2023 /CNW/ - Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the "Fund") announced today that it has entered into a binding agreement to dispose of 56 ("SFR Sale Portfolio") of its 98 single-family homes located in the suburban area of Atlanta, Georgia. Single-family homes represent less than 4% of the Fund's total fair market value and are non-core to the Fund's overall portfolio and strategy. Following the completion of the sale of the...
Finance

Stessa Surpasses $100 Billion in Assets Tracked, Launches Stessa Pro

With 800,000 units now being tracked, Stessa's momentum grows with a new suite of advanced features for real estate investors OAKLAND, Calif., March 9, 2023 /PRNewswire/ -- Stessa, a Roofstock subsidiary and leading software solution to help landlords optimize and better manage their rental property portfolios, has surpassed $100 billion in total asset value tracked on the platform with over 190,000 investors using Stessa to manage more than 800,000 units. As the robust finance platform continues to grow, exceeding $1 billion in assets added each month, Stessa will now offer...