December 23, 2016 / 12:45 AM / 9 months ago

BRIEF-US Residential Fund conducts rights issue

Dec 23 (Reuters) - Us Residential Fund :

* Rights issue to USR stapled security holders to raise approximately $8 million

* Proceeds of offer will be used to acquire an equity interest in a multifamily residential apartment complex Source text for Eikon: Further company coverage:

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