About Starlight

Starlight Investments is one of the largest landlords in Canada. A privately-held real estate investment and asset management company, Starlight manages a Canadian multi-family portfolio of 65,000 units.

Prior to founding Starlight, CEO Daniel Drimmer ran TransGlobe, which earned a reputation for ignoring tenants’ requests for maintenance and faced hundreds of charges for failing to do repairs and violating fire codes.

Starlight “repositions” the buildings it acquires by conducting extensive renovations of common areas and exteriors, then transferring the costs of renovations on to tenants through above guideline rent increases and profiting from displacement. As Drimmer notes, “the money and the returns are made in the suites when the suites turnover.”

Starlight applies for more above guideline rent increases than any other landlord in Toronto, was one of the top evictors during the pandemic, and has targeted tenant organizers with eviction.

Starlight in the news

Parkdale tenants keep their rent over building upkeep

Tenants at 55 Triller withhold a third of their rent over unfair living conditions.

‘It’s not OK’

Tenants in Yellowknife renting from Northview REIT—which Starlight acquired with KingSett Capital in 2020—face unsafe living conditions and other issues. (Part Two of a series on Northview.)

Tenants lose as landlord TransGlobe racks up charges

CBC Marketplace investigates TransGlobe’s practices across the country as Drimmer moves to Starlight.