/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES./
TORONTO, Oct. 15, 2020 /CNW/ - Starlight U.S. Multi-Family
(No. 1) Core Plus Fund (TSXV: SCPO.UN) (the "Fund") today
announced its October 2020 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
November 16, 2020 to holders of Units
of record at October 30, 2020. 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