June 13 (Reuters) - Starlight Us Multi Family No 5 Core Fund STUSa.V :
* Starlight U.S. Multi-Family (NO. 5) Core Fund announces capital recycling from recent Houston sale with proposed acquisition of apartment community in rapidly growing PHOENIX, Arizona submarket
* Starlight U.S. Multi Family No 5 Core Fund - unit to purchase Phoenix property unencumbered for about $50.7 million Source text for Eikon: ID:nCNW3MF8xa Further company coverage: STUSa.V