Starlight U.S. Multi-Family (No. 1) Core Plus Fund Announces August 2021 Cash Distribution Amounts on its Outstanding Class A Units, Class C Units, Class D Units, Class F Units, Class I Units, Class E and Class U Units, Payable on September 15, 2021
August 16, 2021 at 04:56 pm EDT
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Starlight U.S. Multi-Family (No. 1) Core Plus Fund announced its August 2021 cash distribution amounts on its outstanding Class A Units, Class C Units, Class D Units, Class F Units, Class I Units, Class E and Class U Units (collectively, the "Units"), payable on September 15, 2021 to holders of Units of record at August 31, 2021. The distribution amounts will be as follows: CAD 0.03750 per Class A Unit, representing approximately CAD 0.45 per Unit on an annualized basis; CAD 0.03750 per Class C Unit, representing approximately CAD 0.45 per Unit on an annualized basis; CAD 0.03750 per Class D Unit, representing approximately CAD 0.45 per Unit on an annualized basis; CAD 0.03750 per Class F Unit, representing approximately CAD 0.45 per Unit on an annualized basis; CAD 0.03750 per Class I Unit, representing approximately CAD 0.45 per Unit on an annualized basis; USD 0.03750 per Class E Unit, representing approximately USD 0.45 per Unit on an annualized basis; and USD 0.03750 per Class U Unit, representing approximately USD 0.45 per Unit on an annualized basis.
Starlight U.S. Multi-Family (No. 1) Core Plus Fund is a Canada-based closed-ended fund. The Fundâs investment objectives are to Indirectly acquire, own, and operate a portfolio comprised of core plus, income producing multi-family properties that can achieve increase in rental rates as a result of undertaking return, light value-add capital expenditures and active asset management that are located in the Primary Markets. It is also focused on increasing rental rates through light value-add capital expenditures and the use of revenue management software; and enhance revenue through ancillary income opportunities and reduce operating expenses through active asset management with the use of property managers to generate economies of scale with the goal of directly or indirectly disposing of its interests in the assets by the end of the term. The Fundâs investment manager is Starlight Investments US AM Group LP.
Starlight U.S. Multi-Family (No. 1) Core Plus Fund Announces August 2021 Cash Distribution Amounts on its Outstanding Class A Units, Class C Units, Class D Units, Class F Units, Class I Units, Class E and Class U Units, Payable on September 15, 2021
STARLIGHT U.S. MULTI-FAMILY (NO. 1) CORE PLUS FUND 
