The Pure Group launched Pure Multi-Family REIT LP with a small IPO in 2007 and through a focused growth strategy established a beachhead portfolio of high-quality assets located in strong growth markets of the U.S. Sunbelt.  In 2019, the Pure Group successfully divested the platform to the Cortland Group of Atlanta for $1.6 billion.

TOTAL RETURN PERFORMANCE

EXCEPTIONAL RETURNS – FROM IPO to $1.6 BILLION PLATFORM SALE

From IPO in 2012 until the sale in 2019, Pure Multi-Family REIT LP delivered 
Total Annual Returns of 30.6%(1)

 

Source: Bloomberg. (1) IPO date of July 10, 2012. Delisting date of September 30, 2019. Prior to the launch of the C$ ticker on July 2, 2014, the C$ values were calculated based on the US$ ticker converted at the daily spot exchange rate. Distributions reinvested. RBC Capital Markets, Equity Research, Neil Downey, June 27, 2019.

 

Steve Evans, Founder & CEO together with the PURE executive team rings the bell to open the market at the TSX.

 

DIVESTED PROPERTIES

PURE FILLMORE APARTMENTS
PHOENIX, AZ

Developed in 2016, PURE Fillmore Apartments is an institutional quality multi-family asset comprising 230 units with an average unit size of 934 square feet.

PURE FILLMORE APARTMENTS

  VIEW DIVESTED PROPERTIES

 

MAP

MEDIA

Pure Multi Family REIT LP opens Toronto Stock Exchange, June 21, 2019

Pure Multi-Family REIT LP (TSXV: RUF.UN) - 2019 TSX Venture 50

Jaime Carrasco of Canaccord Genuity gives his outlook for shares of Pure Multi-Family REIT