Pure Multi-Family REIT LP Announces Voting Results from the 2016 Annual Meeting of Unitholders

VANCOUVER, May 17, 2016 /CNW/ - Pure Multi-Family REIT LP ("Pure Multi") (TSXV: RUF.U, RUF.UN; RUF.DB.U; OTCQX: PMULF) is pleased to announce that all resolutions presented at the annual meeting (the "Meeting") of Pure Multi's unitholders (the "Unitholders") held on May 13, 2016, including: (i) the fixing of the number of directors (the "Directors") of the governing partner, Pure Multi-Family REIT (GP) Inc. (the "Governing GP"), and the election of the Directors of the Governing GP; (ii) and the appointment of KPMG LLP as auditors and authorizing the Directors to fix their remuneration, were all approved by the Unitholders.

At the Meeting, the Unitholders elected the current Directors, Stephen Evans, Fraser Berrill, Robert King, John O'Neill, James Redekop, Douglas Scott and James Speakman to the Governing GP's board of directors.

For more information, please refer to Pure Multi's information circular dated April 8, 2016 available on SEDAR at www.sedar.com.

About Pure Multi-Family REIT LP

Pure Multi is a Canadian based, publically traded vehicle which offers investors exclusive exposure to attractive, institutional quality U.S. multi-family real estate assets.

Additional information about Pure Multi is available at www.puremultifamily.com or www.sedar.com.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE Pure Multi-Family REIT LP

Andrew Greig, Director of Investor Relations, Pure Multi-Family REIT LP, Suite 910, 925 West Georgia Street, Vancouver, BC V6C 3L2, Phone: [phone] or [phone], E-mail: [email protected]