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BRIEF-Pure Multi-Family REIT announces US$40.0 mln property acquisition in Austin, Texas

Published 2016-12-15, 07:24 p/m
© Reuters.  BRIEF-Pure Multi-Family REIT  announces US$40.0 mln property acquisition in Austin, Texas
RUFu
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Dec 15 (Reuters) - Pure Multi-family Reit Lp RUFu.V

* Intends to fund purchase of Lenox with proceeds from previously announced sale of Livingston Apartments

* And intends to fund purchase of Lenox with new first mortgage financing in amount of approximately $20 million

* Announces US$40.0 million property acquisition in Austin, Texas Source text for Eikon: ID:nMKWBnwpva Further company coverage: RUFu.V

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