Wednesday, December 14, 2016
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
 
Vancouver, BC – December 14, 2016: Pure Multi-Family REIT LP (“Pure Multi-Family”) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) announced today that Vision Capital Corporation (“Vision”), an investment fund manager and portfolio manager on behalf of its funds under management, has increased its investment in Pure Multi-Family by acquiring additional Class A Units (each, a “Unit”) of Pure Multi-Family, resulting in its total investment in, and control over, 5,569,100 Units. Vision filed an Alternative Monthly Report pursuant to National Instrument 62-103 on SEDAR dated December 13, 2016.
 
Vision acquired the Units on behalf of the funds to which it provides investment advice and manages for investment purposes.
 
Vision  is  a Toronto-based  investment  fund  manager  and  portfolio  manager  managing  the  Vision Opportunity Funds that focus on publicly-traded real estate securities. The Vision Opportunity Funds have been recognized by Morningstar, S&P/Capital IQ and at the Canadian Hedge Fund of the Year Awards as one of the top ten funds in Canada each year since Vision's inception in 2008.
 
Pure Multi-Family currently has 56,068,506 Units issued and outstanding.
 

About Pure Multi-Family REIT LP

 
Pure Multi is a Canadian based, publically traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multi-family real estate assets.
 
Additional information about Pure Multi is available at  www.puremultifamily.com or  www.sedar.com.
 
For more information, please contact:
Andrew Greig,
Director of Investor Relations
 
Pure Multi-Family REIT LP
Suite 910, 925 West Georgia Street
Vancouver, BC  V6C 3L2
Phone:  (604) 681-5959 or (888) 681-5959
E-mail:  agreig@puremultifamily.com

 
 
NEITHER  THE  TSX  VENTURE  EXCHANGE  NOR  ITS  REGULATION  SERVICES PROVIDER  (as  that  term  is  defined  in  the  policies  of  the  TSX  Venture  Exchange)  HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.