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STARLIGHT U.S. RESIDENTIAL FUND ANNOUNCES Q4-2022 RESULTS INCLUDING AN 11.8% INCREASE IN YTD-2022 SAME PROPERTY AVERAGE MONTHLY RENT

Newswire.ca - Wed Mar 1, 2023

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TORONTO, March 1, 2023 /CNW/ - Starlight U.S. Residential Fund (TSXV: SURF.A) (TSX: SURF.U) (the "Fund") announced today its results of operations and financial condition for the three months ended December 31, 2022 ("Q4-2022") and year ended December 31, 2022 ("YTD-2022"). Certain comparative figures are included for the three months ended December 31, 2021 ("Q4-2021") and the period from September 23, 2021 (date of formation) to December 31, 2021 ("YTD-2021"). Given the operations of the Fund commenced on November 15, 2021, the operating activities for YTD-2021 and Q4-2021 are the same and are used interchangeably to describe the operating activities for the periods.

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