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Teravista Starlight

Starlight U.S. Multi-Family (No. 2) Core Plus Fund

Investment Highlights

Note: As of December 2025, this fund is no longer active.


Starlight U.S. Multi-Family (No. 2) Core Plus Fund was established in February 2021 to indirectly acquire, own and operate a portfolio primarily comprised of light value-add income-producing Class A”, institutional quality multi-family residences constructed in 1990 or newer, located in Arizona, California, Colorado, Florida, Georgia, Idaho, Nevada, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah and Washington.

Press Releases

2022

2022-11-25 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Strong Q3 2022 Operating Results Including Same Property NOI Growth Of 12.7%, Distributions Paused Due To Elevated Interest Rates
2022-10-17 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces October 2022 Distributions
2022-10-03 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Provides Initial Update on Florida and North Carolina Portfolios
2022-09-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces September 2022 Distributions
2022-08-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces August 2022 Distributions
2022-08-09 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Very Strong Q2 2022 Operating Results Including Same Property NOI Growth Of 14.5%
2022-07-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces July 2022 Distributions
2022-06-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces June 2022 Distributions
2022-05-16 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces May 2022 Distributions
2022-05-10 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Q1 2022 Results Including Annualized Rent Growth of 8.8 percent
2022-04-27 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Completes Refinancing of Existing Property and Acquisition of Class “A” Property in Raleigh, North Carolina
2022-04-19 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces April 2022 Distributions
2022-03-31 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund to Refinance Existing Property and Acquire Class “A” Institutional Quality Property in Raleigh, North Carolina Comprising 320 Multi-Family Suites
2022-03-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces March 2022 Distributions
2022-03-08 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Q4 2021 Results Including NOI 4.5% Ahead of Forecast Driven By Strong Rent Growth
2022-02-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces February 2022 Distributions
2022-01-17 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces January 2022 Distributions

2021

2021-12-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces December 2021 Distributions
2021-11-23 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Strong Third Quarter Results Including Annualized Rent Growth of 12.2% and NOI 4.7% Ahead of Forecast
2021-11-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces November 2021 Distributions
2021-10-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces October 2021 Distributions
2021-09-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces September 2021 Distributions
2021-08-16 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces August 2021 Distributions
2021-08-10 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Second Quarter Results with Strong Rent Growth, Occupancy and Collections
2021-07-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces July 2021 Distributions
2021-06-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces June 2021 Distributions
2021-05-17 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces May 2021 Distributions
2021-05-11 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces First Quarter Results with Strong Collections and Occupancy Following Successful Initial Public Offering
2021-04-15 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces April 2021 Distributions And Conversion Ratios
2021-03-31 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Completes Acquisition of Initial Two Class “A” Institutional Quality Properties Comprising 675 Suites
2021-03-31 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Completes Successful Initial Public Offering and Raises Approximately Cdn $107.0 Million
2021-03-22 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Announces Achievement of Minimum Offering, Files Initial Public Offering Final Prospectus and Sets Closing Date For Offering
2021-02-01 – Starlight U.S. Multi-Family (No. 2) Core Plus Fund Files Preliminary Prospectus for Maximum US$180.6 Million Initial Public Offering

Public Disclosure

Prospectus
Investor Presentation