/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES./
TORONTO, Feb. 16, 2021 /CNW/ - Starlight U.S.
Multi-Family (No. 1) Core Plus Fund (TSXV: SCPO.UN) (the
"Fund") today announced its February
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 March 15, 2021 to holders
of Units of record at February 26,
2021. The distribution amounts will be as follows:
- C$0.03750 per Class A Unit,
representing approximately C$0.45 per
Unit on an annualized basis;
- C$0.03750 per Class C Unit,
representing approximately C$0.45 per
Unit on an annualized basis;
- C$0.03750 per Class D Unit,
representing approximately C$0.45 per
Unit on an annualized basis;
- C$0.03750 per Class F Unit,
representing approximately C$0.45 per
Unit on an annualized basis;
- C$0.03750 per Class I Unit,
representing approximately C$0.45 per
Unit on an annualized basis;
- US$0.03750 per Class E Unit,
representing approximately US$0.45
per Unit on an annualized basis; and
- US$0.03750 per Class U Unit,
representing approximately US$0.45
per Unit on an annualized basis.
About Starlight U.S. Multi-Family (No. 1) Core Plus
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 income producing rental properties in the United States 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. 1) Core Plus Fund