Company Overview
- Headquarters
- 777 S California Ave, Palo Alto CA
- Website
- purapts.com
- Phone
- (650) 856-9800
- Employees
- 51
- Founded in
- 1998
- Industry
- Real Estate
Financials & Stats
Revenue
$50B
Who is Pacific Urban Residential
Pacific Urban Residential (PUR) is a multifamily investment firm and pension fund manager headquartered in Palo Alto, California. The company employs over 50 professionals and manages an apartment portfolio valued at over $3 billion. Since its founding in 1998, PUR has acquired more than 22,000 apartment homes throughout the Western United States for itself and its institutional partners, amassing over $5 billion in assets. PUR specializes in the acquisition, renovation, and preservation of "vintage" multifamily communities. They also acquire properties for current cash flow and long-term appreciation. The company's investment strategies cater to both short-term and long-term goals. PUR distinguishes itself through its commitment to sustainability, evident in its Ecologic program. This program integrates environmentally aware features into both community design and individual apartment homes, reflecting a dedication to responsible practices. For more information about Pacific Urban Residential and its services, please visit www.purapts.com.
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