Not for distribution to U.S. newswire services or for
dissemination in the United
States
TORONTO, April 17, 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 April 1, 2014 to
April 30, 2014. The distribution
amounts will be as follows:
i.
|
C$0.05833 per Class A
Unit, representing approximately C$0.70 per Unit on an annualized
basis;
|
ii.
|
C$0.05833 per Class C
Unit, representing approximately C$0.70 per Unit on an annualized
basis;
|
iii.
|
C$0.05833 per
Class D Unit, representing approximately C$0.70 per Unit on an
annualized basis;
|
iv.
|
C$0.05833 per Class F
Unit, representing approximately C$0.70 per Unit on an annualized
basis; and
|
v.
|
US$0.05833 per Class
U Unit, representing approximately US$0.70 per Unit on an
annualized basis.
|
The distributions will be paid on May 15,
2014 to unitholders of record as at April 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. The distribution amounts also reflect the
full deployment of the proceeds of the Fund's initial public
offering following the acquisition of the Fund's 75% interest in
Soho Parkway Apartments on April 1,
2014.
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