(2) Toronto, Ontario--(Newsfile Corp. - February 10, 2021) - Sun Residential Real Estate Investment Trust (TSXV: SRES) today released its financial results for the three months and the year ended December 31, 2020. All dollar amounts are in United States dollars. Revenue for the year December 31, 2020 was $4,356,819 (prior year - nil), net rental income was $2,477,207 (prior year - nil), and the net income and comprehensive income for the year was $234,660 (prior year - loss of $681,372). Revenue for the three months ended December 31, 2020 was $1,178,338 (prior year - nil), net rental income was $322,806 (prior year - nil), and the net loss for the three months was $11,669 (prior year - loss of $530,186). Operations commenced January 28, 2020 when Sun acquired its first property, so the results for the prior year are not comparable. At December 31, 2020, Sun had total assets of $56.6 million (December 31, 2019 - $3.4 million), and cash and cash equivalents of $3.9 million (December 31, 2019 - $3.3 million).