Starlight U.S. Residential Fund (V:SURF.A)
Business Focus: Closed End Funds
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Latest 10 SEDI filings for SURF within the last 6 months
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Company News
Mar 01, 2023 16:05 ET
STARLIGHT U.S. RESIDENTIAL FUND ANNOUNCES Q4-2022 RESULTS INCLUDING AN 11.8% INCREASE IN YTD-2022 SAME PROPERTY AVERAGE MONTHLY RENT
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Nov 25, 2022 07:35 ET
STARLIGHT U.S. RESIDENTIAL FUND ACHIEVES ANNUALIZED RENT GROWTH OF 17.4% DURING Q3-2022, DISTRIBUTIONS PAUSED DUE TO ELEVATED INTEREST RATES
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
Valuation Ratios
Industry
Sector
Beta
--
--
--
Price to Sales - TTM
--
10.86
4.94
Price to Book - most recent quarter
0.05
0.94
1.34
Price to Cash Flow per share - TTM
--
2.48
7.91
Price to Free Cash Flow per share - TTM
--
10.71
13.12
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 15, 2023 | 4,845 | 3,608 |
| Feb 28, 2023 | 1,237 | 1,232 |
| Feb 15, 2023 | 5 | -100 |
Business Summary
| Sector: Financials | Industry: Closed End Funds |
Starlight U.S. Residential Fund (the Fund) is a Canada-based closed-end trust. The Fund's investment objectives is to indirectly acquire, own and operate a portfolio primarily composed of income producing multi-family and single- family residential rental properties in the United States residential real estate market that can achieve significant increases in rental rates as a result of undertaking high return, value-add capital expenditures and active asset management. Its residential rental properties are located primarily in Arizona, California, Colorado, Florida, Georgia, Idaho, Nevada, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah, and Washington. It has interests in and operates a portfolio of approximately 1,702, Class A, income producing multi-family residential suites located in Austin, Texas; Tampa, Florida; Las Vegas and Raleigh, and 91 single-family residential rental homes in Atlanta. The Fund is managed by Starlight Investments US AM Group LP.
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