Starlight U.S. Multi-Family (No. 2) Core Plus Fund (the Fund) is a Canada-based closed-end fund. The Fundâs investment objectives are to directly or indirectly acquire, own and operate a portfolio primarily composed of income-producing multi-family properties that demonstrate value based on pricing and local supply and demand trends to achieve the Fundâs target metrics or that can achieve significant increases in rental rates as a result of undertaking high return, light value-add capital expenditures and active asset management, and are located in the Primary Markets, with a particular focus on the suburban areas of Primary Submarkets; and make stable monthly cash distributions. The Fund owns interests in three properties, namely Montane Apartments, Hudson and Summermill consisting of 995 suites. The Fund is managed by Starlight Investments US AM Group LP.
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