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Public market insider buying at Starlight U.S. Multi-Fam. (V:SCPO)

Updated Friday Aug 28, 2020 04:38 AM EDT

Harry Rosenbaum, a Director, acquired 17,100 Limited Partnership Units Class A on a direct ownership basis at prices ranging from $9.200 to $9.250 on August 27th, 2020. This represents a $157,925 investment into the company's shares and an account share holdings change of greater than 100%.

Starlight U.S. Multi-Fam. is in the Closed End Funds Sub Industry Group under the Financials Sector.

Starlight U.S. Multi-Family (No. 1) Core Plus Fund is a closed-ended fund. The Fund's investment objectives are to indirectly acquire, own, and operate a portfolio primarily comprised of multi-family properties that can achieve significant increases in rental rates as a result of undertaking high return, light value-add capital expenditures and active asset management, and are located in the primary markets, with a particular focus on the primary submarkets. It also focuses to increase rental rates through light value-add capital expenditures and revenue management software, enhance revenue through ancillary income opportunities and reduce operating expenses through active asset management, property management and economies of scale, with the goal of ultimately directly or indirectly disposing of its interests in the assets by the end of the term. The Fund's investment manager is Starlight Investments US AM Group LP.

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Go to Starlight U.S. Multi-Family (No. 1) Core Plus Fund (SCPO)'s company page

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