Starlight U.S. Multi-Family (No. 1) Value-Add Fund Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2019
August 14, 2019 at 03:12 am IST
Starlight U.S. Multi-Family (No. 1) Value-Add Fund reported earnings results for the second quarter and six months ended June 30, 2019. For the quarter, the company reported revenue from property operations of $4,690 against $3,597 a year ago. Net loss and comprehensive loss was $2,105 against $1,029 a year ago. Income from rental operations /NOI was $2,692 against $2,590 a year ago.
For the six months, the company reported revenue from property operations of $9,306 against $6,932 a year ago. Net loss and comprehensive loss was $4,693 against net income and comprehensive income of $4,497 a year ago. Income from rental operations /NOI was $5,389 against $2,447 a year ago.