Mr. Evan Kirsh reports

STARLIGHT U.S. MULTI-FAMILY (NO. 1) CORE PLUS FUND ANNOUNCES APRIL 2021 DISTRIBUTIONS

Starlight U.S. Multi-Family (No. 1) Core Plus Fund has declared its April, 2021, cash distribution amounts on its outstanding Class A units, Class C units, Class D units, Class F units, Class I units, Class E and Class U units, payable on May 17, 2021, to holders of units of record at April 30, 2021. The distribution amounts will be as follows:

• 3.75 cents per Class A unit, representing approximately 45 cents per unit on an annualized basis;
• 3.75 cents per Class C unit, representing approximately 45 cents per unit on an annualized basis;
• 3.75 cents per Class D unit, representing approximately 45 cents per unit on an annualized basis;
• 3.75 cents per Class F unit, representing approximately 45 cents per unit on an annualized basis;
• 3.75 cents per Class I unit, representing approximately 45 cents per unit on an annualized basis;
• 3.75 (U.S.) cents per Class E unit, representing approximately 45 U.S. cents per unit on an annualized basis;
• 3.75 (U.S.) cents per Class U unit, representing approximately 45 U.S. cents per unit on an annualized basis.

About Starlight U.S. Multi-Family (No. 1) Core Plus Fund

The fund is a limited partnership formed under the Limited Partnerships Act (Ontario) for the primary purpose of indirectly acquiring, owning and operating a portfolio of income-producing rental properties in the United States multifamily real estate market.