ACQUIRING HIGH QUALITY MULTI-FAMILY PROPERTIES IN MAJOR MARKETS OF THE U.S. SUNBELT
Pure Multi Family REIT LP opens Toronto Stock Exchange, June 21, 2019
Pure Multi-Family REIT LP is a Canadian-based publically traded vehicle which offers investors exposure to attractive institutional quality U.S. multi-family real estate assets.
Pure Multi-Family focuses on luxury resort-style apartment communities in the major markets of the U.S. Sunbelt, dynamic economies that consistently rank highly for both job and population growth.
The strong growth in the U.S. Sunbelt provides the opportunity for our investors to participate in an asset class that generates above average revenue growth and stable distributions.
Pure Multi-Family's trust units are dually listed RUF.U (USD) and RUF.UN (CAD) on the Toronto Stock Exchange, providing investors with the option of holding units in either currency.
Pure Multi-Family's long-term objectives are to:
- Generate stable and growing monthly cash distributions on a tax-efficient basis from investments in multi-family real estate properties;
- Enhance and maximize the value of Pure Multi-Family's assets through active management and targeted value-add capital programs; and
- Expand its asset base through an accretive acquisition program.