DIVESTED, SEPTEMBER 2019

Bear Creek is a luxury garden style apartment property constructed in 2004 consisting of 31 buildings on 28.0 acres located in the Bear Creek master-planned neighbourhood.  The buildings have stucco and stone exteriors, pitched roofs covered by composition shingles, and many units include attached direct-access garages.  Unit interiors feature 9 foot ceilings, crown moulding, black appliances, and built-in shelving. Bear Creek also features prestigious controlled-access entry gates, a luxurious clubhouse and a leasing office, as well as two resort-style swimming pools, a hot tub, a poolside gazebo, a state-of-the-art fitness centre and significant landscaping throughout.

Pure Multi-Family REIT LP

Pure Multi-Family REIT LP was a Canadian-based publically traded REIT LP which offered investors exposure to attractive institutional quality U.S. multi-family real estate assets, from its IPO in January 2012 until its sale in September 2019.

  • Rentable Area (sq ft): 419,325
  • Site Area (acres): 28
  • Number of Units: 436