/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
TORONTO, May 16, 2014 /CNW/ - Starlight U.S. Multi-Family
(No. 2) Core Fund (TSX.V: SUD.A, SUD.U) (the "Fund")
announced today the cash distributions on the outstanding Class A
Units, Class C Units, Class D Units, Class F Units and Class U
Units (collectively, the "Units") for the period from
May 1, 2014 to May 31, 2014. The distribution amounts will be as
follows:
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i.
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C$0.05833 per Class A
Unit, representing approximately C$0.70 per Unit on an annualized
basis;
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ii.
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C$0.05833 per Class C
Unit, representing approximately C$0.70 per Unit on an annualized
basis;
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iii.
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C$0.05833 per Class D
Unit, representing approximately C$0.70 per Unit on an annualized
basis;
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iv.
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C$0.05833 per Class F
Unit, representing approximately C$0.70 per Unit on an annualized
basis; and
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v.
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US$0.05833 per Class
U Unit, representing approximately US$0.70 per Unit on an
annualized basis.
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The distributions will be paid on June
16, 2014 to unitholders of record as at May 30, 2014. The distribution amounts in respect
of the Class A Units, Class D Units, Class F Units and Class U
Units reflect the applicable Agents' Fee (as defined in the Fund's
amended and restated limited partnership agreement dated
November 5, 2013) that such classes
of Units were subject to.
About Starlight U.S. Multi-Family (No. 2) Core Fund
The Fund is a limited partnership formed under the Limited
Partnerships Act (Ontario) for
the primary purpose of indirectly acquiring, owning and operating a
portfolio of diversified income producing rental properties in the
U.S. multi-family real estate market.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
SOURCE Starlight U.S. Multi-Family (No.2) Core Fund