December 16, 2016 / 12:26 AM / 7 months ago

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

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Dec 15 (Reuters) - Pure Multi-family Reit Lp

* 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: Further company coverage:

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