Starlight U.S. Multi-Family Core Funds announce appointment of Martin Liddell as Chief Financial Officer

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, May 4, 2016 /CNW/ - Starlight U.S. Multi-Family Core Fund (TSX.V: UMF.A, UMF.U), Starlight U.S. Multi-Family (No. 2) Core Fund (TSXV: SUD.A / SUD.U),  Starlight U.S. Multi-Family (No. 3) Core Fund (TSXV: SUS.A / SUS.U) and Starlight U.S. Multi-Family (No. 4) Core Fund (TSXV: SUF.A / SUD.F) are pleased to announce that Mr. Martin Liddell has been appointed by the Board of Directors of each fund as Chief Financial Officer to replace Tamara Lawson effective May 4, 2016.

Mr. Liddell brings significant senior management experience in finance, strategic planning, mergers and acquisitions and corporate governance. He currently serves as the Chief Financial Officer of Starlight U.S. Multi-Family's institutional platform as well as a member of the Board of Directors and the Chief Financial Officer of Campar Capital Corporation, a capital pool company listed on the TSX Venture Exchange. Previously, Mr. Liddell served as the Chief Financial Officer of True North Apartment Real Estate Investment Trust, a TSX listed real estate investment trust, until its acquisition by Northern Property Real Estate Investment Trust. Mr. Liddell holds a Bachelor of Arts (Honours) in accounting and finance from Liverpool John Moores University, United Kingdom, and received his Chartered Accountant designation in 1995. Mr. Liddell is a member of the Institute of Chartered Accountants in England and Wales (ICAEW).

"On behalf of the Board of Directors of each of the Starlight U.S. Multi-Family Core Funds, I thank Tamara for her valuable contribution during her tenure. We wish her the very best in her new opportunity," stated Evan Kirsh, President of the Fund.  Mr. Kirsh continued, "We look forward to working with Martin in his new role and ensuring a smooth transition."

About the Starlight U.S. Multi-Family Core Funds

Each of the Starlight U.S. Multi-Family Core Funds is a limited partnership formed under the Limited Partnerships Act (Ontario) for the primary purpose of indirectly acquiring, owning and operating a portfolio of diversified income producing rental properties in the U.S. multi-family real estate market.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Starlight U.S. Multi-Family Core Fund

For further information: To learn more about each of the Starlight U.S. Multi-Family Core Funds, visit www.starlightus.com or contact: Evan Kirsh, President, 647-725-0417, ekirsh@starlightus.com


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