Not for distribution to U.S. newswire services or for
dissemination in the United
States.
TORONTO, Aug. 15,
2022 /CNW/ - Starlight U.S. Residential Fund (TSXV:
SURF.A) (TSXV: SURF.U) (the "Fund") today announced its
August 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 September 15, 2022 to holders of Units of record
at August 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.
To learn more about the Fund,
visit www.starlightus.com
SOURCE Starlight U.S. Residential Fund