Not for distribution to U.S. newswire services or for
dissemination in the United
States.
TORONTO, Oct. 17,
2022 /CNW/ - Starlight U.S. Residential Fund
(TSX.V: SURF.A) (TSX: SURF.U) (the
"Fund") today announced its October
2022 cash distribution amounts on its outstanding Class A
Units, Class C Units, Class D Units, Class E Units, Class F Units,
Class G, Class I and Class U Units (collectively, the
"Units"), payable on November 15,
2022 to holders of Units of record at October 31, 2022. Class C Unit distributions
presented include those entitlements for distributions related to
Class B Units issued by a subsidiary of the Fund which are
economically equivalent to Class C Units of the Fund. The
distribution amounts will be as follows:
- C$0.03268 per Class A Unit and
Class D Unit, representing approximately C$0.39221 per Unit on an annualized basis;
- C$0.03450 per Class C Unit and
Class I Unit, representing approximately C$0.41395 per Unit on an annualized basis;
- US$0.03372 per Class E Unit,
representing approximately US$0.40463
per Unit on an annualized basis;
- C$0.03372 per Class F Unit,
representing approximately C$0.40463
per Unit on an annualized basis; and
- US$0.03268 per Class G Unit and
Class U Unit, representing approximately US$0.39221 per Unit on an annualized basis.
About Starlight U.S.
Residential Fund
The Fund is a trust formed under the laws of Ontario for the primary purpose of indirectly
acquiring, owning and operating a portfolio of income producing
multi-family and single-family residential rental properties in the
U.S. residential real estate market located primarily in
Arizona, California, Colorado, Florida, Georgia, Idaho, Nevada, North
Carolina, Oregon,
South Carolina, Tennessee, Texas, Utah
and Washington.
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. Residential Fund
