To maximize our investments through opportunistic acquisitions and value added management. Sunstone's opportunistic investment mandate focuses on acquiring assets that can be enhanced through refurbishment programs, management efficiencies or financial restructuring.
Sunstone was founded by Steve Evans and Darren Latoski and is headquartered in Vancouver, British Columbia. Sunstone has a portfolio of revenue-producing properties located in the major markets of Canada and the sunbelt region of the USA. Through its national prospectus offerings, Sunstone gives investors the opportunity to participate in institutional quality commercial real estate investments with a professional management team. Since 2002, our Canadian funds have acquired 58 properties totaling over $1 billion and our US funds have acquired 12 properties totaling over $288 million USD. Our initial two funds have been divested with annual yields of 18% and 36% respectively.
On September 9, 2013, Pure Multi announced the sudden passing of co-founder and Executive Chairman, Darren Latoski. Darren co-founded Pure Multi and raised $50 million of equity capital for Pure Multi’s IPO in July 2012. Darren fought a valiant battle with cancer and was active in his role with Pure Multi until his death. He was one of Canada’s most successful young entrepreneurs and will be deeply missed by family, friends and colleagues alike.
City Gate Shopping Centre is a 45,764 square foot neighborhood retail plaza well located in the city centre of Chilliwack.