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Pure Multi-Family REIT director steps down

Pure Multi-Family REIT LP said James Speakman did not seek re-election to the company's board at its annual and special unit-holder meeting.

The multifamily real estate investment trust also said its unit holders approved at the May 24 meeting the proposed removal of Pure Multi-Family Management LP as its general partner, along with certain restrictions on the class B units contained in the existing limited partnership agreement.

Speakman joined the REIT's board in October 2013.