Starlight U.S. Residential Fund to Dispose of 56 Single-Family Homes in Atlanta, Georgia
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ TORONTO, May 19, 2023 /CNW/ - Starlight U.S. Residential Fund (TSXV: SURF.A) (TSXV: SURF.U) (the "Fund") announced today that it has entered into a binding agreement to dispose of 56 ("SFR Sale Portfolio") of its 98 single-family homes located in the suburban area of Atlanta, Georgia. Single-family homes represent less than 4% of the Fund's total fair market value and are non-core to the Fund's overall portfolio and strategy. Following the completion of the sale of the...