Vancouver, BC – February 17, 2016: Pure Multi-Family REIT LP (“Pure Multi”) (TSXV: RUF.U, RUF.UN, 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, has approved a cash distribution of US$0.03125 per unit for the month of February, 2016 (equivalent to US$0.375 per unit on an annualized basis). The distribution will be paid on March 15, 2016 to unitholders of record at the close of business on February 29, 2016. 

The policy of Pure Multi 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 currently has 49,039,824 units issued and outstanding.

Q4 2015 Conference Call

Pure Multi today announced that it intends to release its financial results for the year ended December 31, 2015, before the open of the TSX Venture on Thursday, March 10, 2016. Steve Evans, CEO, Samantha Adams, VP, and Scott Shillington, CFO, of Pure Multi, will host the conference call at 1:00 pm (EST), 10:00 am (PST), on Thursday, March 10, 2016, to review the financial results and corporate developments for the year ended December 31, 2015.

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 March 10, 2016, 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 March 17, 2016.

Please enter the Replay ID number 738553, followed by the # key.

Replay Dial in number (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 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.

For more information please contact:

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in the policies of the TSX Venture Exchange) HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.