VANCOUVER, BC--(Marketwired - July 19, 2017) - Pure Multi-Family REIT LP ("Pure Multi-Family") (TSX VENTURE: RUF.U) (TSX VENTURE: RUF.UN) (TSX VENTURE: RUF.DB.U) (OTCQX: PMULF) announced today that the Board of Directors of Pure Multi-Family REIT (GP) Inc., the governing general partner of Pure Multi-Family, has approved a cash distribution of US$0.03125 per unit for the month of July 2017 (equivalent to US$0.375 per unit on an annualized basis). The distribution will be paid on August 15, 2017 to unitholders of record at the close of business on July 31, 2017.

The policy of Pure Multi-Family is to pay cash distributions on or about the 15^th day of each month to the unitholders of record on the last business day of the preceding month.

Pure Multi-Family currently has 76,729,771 units issued and outstanding.

Timing of Release of Q2 2017 Financial Results and Conference Call

Pure Multi-Family REIT LP also announced today that it intends to release its financial results for the three and six months ended June 30, 2017, prior to the open of the TSX Venture Exchange on Friday, August 11, 2017.

Steve Evans, CEO, Samantha Adams, VP, and Scott Shillington, CFO, of Pure Multi-Family, will host the conference call at 10:00am (PDT), 1:00pm (EDT), on Friday, August 11, 2017, to review the financial results and corporate developments for the three and six months ended June 30, 2017.

To participate in this conference call, please dial one of the following numbers approximately 10 minutes prior to the commencement of the call, and ask to join the Pure Multi-Family REIT LP Conference Call.

Dial in numbers

• Toll free dial in number (from Canada and USA): 1-888-390-0546
• International or Local Toronto: 1-416-764-8688

Conference Call Replay

If you cannot participate on August 11, 2017, a replay of the conference call will be available by dialing one of the following replay numbers. You will be able to dial in and listen to the conference 120 minutes after the meeting end time, and the replay will be available until August 18, 2017.

Please enter the Replay ID # 383253, followed by the # key.

Replay Dial in numbers

• Toll free from Canada or the USA: 1-888-390-0541
• International or Local Toronto: 1-416-764-8677

About Pure Multi-Family REIT LP

Pure Multi-Family 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-Family 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.