Starlight U.S. Multi-Family (No. 1) Value-Add Fund is seeking acquisitions. Starlight U.S. Multi-Family is raising a maximum of $112 million through an initial public offering. Shortly following completion of the Offering, Starlight U.S. Multi-Family intends to indirectly acquire two multi-family residential properties that comprise a total of 943 suites located in the States of Arizona and Texas in the markets of Phoenix and Austin, respectively. The balance of the net proceeds of the Offering, if any, will be used to subsequently acquire one or more additional value-add income-producing, multi-family properties in the above-noted target markets within the United States, within nine months of the closing date of the Offering, consistent with the primary purpose of the Fund, and for working capital purposes.