Starlight Investments partners with Anaplan for scalable budgeting and forecasting
Since its early days in 2011, Starlight Investments has experienced momentous growth, quickly becoming one of North America’s leading real estate investors. Today, Starlight is focused on multi-family and commercial real estate investments, employing over 350 industry professionals.
With assets continuing to grow, Starlight’s asset management team has recently prioritized a digital transformation program with Anaplan set to help the Toronto-based business plan, and analyze, so they can build performance and deliver greater value to the communities in which they operate.
Prior to their partnership with Anaplan, Starlight used proprietary software for budgeting and forecasting, managing over 400+ unique properties independently. The process was time-intensive and relied heavily on manual input from Starlight’s network of property management companies. With inputs from multiple parties across Starlight’s portfolio, the company was looking to streamline their process with an enterprise solution.
“We were looking to bolster our automation capabilities, and a central platform that would combine both financial and operational performance in real time with statistical forecasting capabilities,” said Amir Lubelski, Executive Director, Analytics and Budgeting at Starlight Investments. “Anaplan provides a platform that enables easier configuration of data and analysis enabling the team to focus on driving results and delivering more actional insights.”
With Anaplan, Starlight will transform their budgeting and forecasting processes to be more agile, efficient, and automated. Additionally, the real-time platform will enable Starlight’s Analytics group to spend less time maintaining models and cleaning up data and instead, be able to create dashboards, analysis, and reports for their multiple stakeholders with clarity and confidence.
“Starlight has been on an incredible growth journey in recent years, and it’s wonderful to see their continued commitment to building inclusive, sustainable communities,” said Karen Clarke, Managing Director of the Americas for Anaplan. “We’re thrilled to arm the team with a flexible and scalable platform to transform their budgeting and forecasting processes and are excited to welcome another impressive Canadian brand to the Anaplan family.”
To learn more about how Anaplan helps businesses deliver on their strategic objectives through effective planning, visit https://www.anaplan.com/customers.
About Starlight Investments
Starlight Investments is a privately held Toronto-based, full service, multi-family and commercial real estate investment and asset management company driven by an experienced team of over 300 professionals. The company currently manages over $25.0 billion of direct real estate as well as real estate investment securities. Investment vehicles include institutional joint ventures, True North Commercial REIT, Starlight U.S. Multi-Family Funds, the Northview Fund and Starlight Capital Funds. Starlight Investment’s portfolio consists of approximately 73,000 multi-residential units across Canada and the U.S. and over 8.0 million square feet of commercial properties. Please visit us at www.starlightinvest.com and connect with us on LinkedIn at www.linkedin.com/company/starlight-investments-ltd-