Starlight U.S. Multi-Family (No. 1) Value-Add Fund reported consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported revenue from property operations of $4,616,000 against $3,745,000 a year ago. Income from rental operations /NOI was $2,697,000 against $2,090,000 a year ago. Net loss and comprehensive loss was $2,588,000 against $5,526,000 a year ago.