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National

Bid dropped, Pure Multi-Family ends sale process

RENX Staff Residential Transactions National Aug. 24 2018

Pure Multi-Family REIT LP (RUF-U-X) has terminated its potential sale after the lone remaining suitor dropped its bid this week. The process began back in April following two unsolicited takeover offers by U.S.-based multi-residential investor Electra America. Both offers were rejected because

Calm, steady hand winning strategy for Melcor

Mario Toneguzzi Commercial REITs National Aug. 23 2018

Melcor Developments Ltd. (MRD-T), an Alberta-based real estate development and asset management company, has a simple strategic philosophy which has served it well for 95 years. “It really hasn’t changed. . . . When you have a company that’s been around

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