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BRIEF-Starlight U.S. Multi-Family (no. 5) Core Fund sells apartment complex in Charlotte, North Carolina
June 22, 2017 / 9:14 PM / 3 months ago

BRIEF-Starlight U.S. Multi-Family (no. 5) Core Fund sells apartment complex in Charlotte, North Carolina

June 22 (Reuters) - Starlight US Multi Family No 5 Core Fund -

* Starlight U.S. Multi-Family (no. 5) Core Fund sells apartment complex in Charlotte, North Carolina

* Starlight U.S. Multi-Family (no. 5) Core Fund - unit sold belle haven unencumbered for purchase price of approximately us$28.25 million

* Starlight U.S. Multi-Family (no. 5) Core Fund - proceeds from sale will be used to repay outstanding mortgage balance of approximately us$17.8 million

* Starlight U.S. Multi-Family (no. 5) Core Fund -remainder of proceeds to be utilized on tax-deferred basis for acquisition of property with more apartment units Source text for Eikon: Further company coverage:

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