BRIEF-Pure Multi-Family REIT to sell Fairways at Prestonwood for $22.8 mln

Fri Aug 5, 2016 12:05pm EDT
 
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Aug 5 (Reuters) - Pure Multi-family Reit Lp :

* Pure Multi-Family REIT LP announces it has entered into an agreement to sell Fairways at Prestonwood for US$22.8 million

* Anticipates using net proceeds from sale to acquire "high-quality Class A property" Source text for Eikon: Further company coverage: