Morguard North American Residential Real Estate Investment Trust Company 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 13,089 residential suites and 239,500 square feet of commercial area (as of April 29, 2025) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.3 billion at March 31, 2025.
| Country | Canada |
| Founded | 2012 |
| Industry | REIT - Residential |
| Sector | Real Estate |
| Employees | 1,300 |
| CEO | Kuldip Sahi |
Contact Details
Address: 55 City Centre Drive Mississauga, Ontario L5B 1M3 Canada | |
| Phone | 905 281 3800 |
| Website | morguard.com |
Stock Details
| Ticker Symbol | MNARF |
| Exchange | OTCMKTS |
| Fiscal Year | January - December |
| Reporting Currency | CAD |
| ISIN Number | CA61761E1007 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Kuldip Rai Sahi FCA, FCGA, FCPA | Chairman and Chief Executive Officer |
| Christopher A. Newman | Chief Financial Officer |
| Angela Sahi CPA | SVice President and Board of Trustees |
| Beverley Gail Flynn L.L.B. | Senior Vice President, General Counsel and Secretary |
| Paul Miatello CA, CPA | Senior Vice President |
| John Talano | Senior Vice President of U.S. Operations |