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Latest Update: Pure Multi-Family Agrees to Strategic Review Process, Explore Potential Sale

Move Follows Criticism of REIT's Board from Major Shareholder for Refusing to Negotiate with Florida Bidder's Unsolicited Offer
CoStar News
April 5, 2018 | 2:35 P.M.

In the latest development late Thursday, Pure Multi-Family REIT's board agreed to initiate a formal process to explore the potential sale of the company. The process will be overseen by the special committee of the REIT's independent directors.

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