Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN)
Canada flag Canada · Delayed Price · Currency is CAD
18.45
-0.07 (-0.38%)
Nov 19, 2024, 12:20 PM EST

MRG.UN 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 229,500 square feet of commercial area (as of October 24, 2023) located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland with an appraised value of approximately $4.0 billion at September 30, 2023.

Morguard North American Residential Real Estate Investment Trust
Morguard North American Residential Real Estate Investment Trust logo
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 MRG.UN
Exchange Toronto Stock Exchange
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
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
Angela Sahi CPA Senior Vice President