USX:MNARF - Morguard North American Residential Real Estate Investment Trust Morguard North American Reside
Sector: Real Estate, Industry: Residential REITs
Next Earnings: 14 Feb 2022
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USD 14.6976    +0.0 (+0%)
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24 Nov 2021


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General

CEO: Mr. Kuldip Rai Sahi FCPA, FCGA, FCA

Headquarters: US

Employees: 0

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Description

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management. The REIT's portfolio is comprised of 13,275 residential suites (as of October 27, 2020) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $3.1 billion at September 30, 2020.