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US MASTERS RESIDENTIAL PROPERTY FUND (ASX: URF)

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URF: Finalisation of joint venture with Brooksville

US MASTERS RESIDENTIAL PROPERTY FUND

  1. URF has finalised its joint venture agreement and management agreements with Brooksville Company LLC and Pinnacle City Living, LLC.
  2. Brooksville has made an investment of US$1.5 million of their foundersโ€™ capital into entities that own the Portfolio.
  3. Vehicles owned by URF and Brooksville have entered into a joint venture agreement with Pinnacle to engage Pinnacle as the property manager for the Portfolio.

2023-01-03 09:00:00