Hey guys! There was some movement in my investment portfolio. I did some selling and buying today. Let’s start with a sale.
PURE MULTI-FAMILY REIT (RUF.UN.TO)
Unfortunately, I sold all my shares in this company. They are in the process of being acquired by Cortland Partners. Pure Multi-Family was a great publicly-traded company with lots of potential and good dividend. I knew that they were going to be acquired this year. They did receive an offer last year, but it didn’t go through. REITs like that don’t stay on the market for too long. I really like their properties. They mainly focus on resort-style apartment communities, like in the picture below.