Cortland Partners Receives $340M Financing for Acquisition of Pure Multi-Family REIT

  • April 3, 2020
  • REBusiness Online

Walker & Dunlop has provided a $340 million loan for the acquisition of Pure Multi-Family REIT (TSX: RUF), a publicly traded Canadian real estate investment trust. Atlanta-based real estate firm Cortland Partners LLC acquired Pure late last year in a $1.2 billion all-cash transaction, which included a 22-property multifamily portfolio totaling 7,085 units.

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