Sun Residential REIT Announces Plans to Sell Its Properties and to Wind-up and Terminate Sun Residential REIT

Toronto, Ontario--(Newsfile Corp. - April 1, 2025) - Sun Residential Real Estate Investment Trust (TSXV: SRES) ("Sun") announces today that it has entered into separate purchase agreements (the "Purchase Agreements") in connection with the sale of its interests in its two properties (the "Properties"), being a 51% interest in Evergreen at Southwood ("Evergreen at Southwood"), a "Class A" multi-family residential property located in Tallahassee, Florida comprising 12 buildings with 288 rental uni