Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) TSX

16.75

+0.03000092(+0.18%)

Updated at June 02 04:00PM

Currency In CAD

Morguard North American Residential Real Estate Investment Trust

Address

55 City Centre Drive

Mississauga, ON L5B 1M3

Canada

Phone

(905) 281-3800

Sector

Real Estate

Industry

REIT - Residential

Employees

N/A

First IPO Date

February 06, 2014

Key Executives

NameTitlePayYear Born
Angela SahiPresident, CEO & Trustee72,432N/A
Christopher A. NewmanChief Financial Officer139,186N/A
Kuldip Rai Sahi FCGA FCPAExecutive Chairman of the Board648,1721947
Paul MiatelloSenior Vice President01970
John TalanoSenior Vice President of U.S. Operations0N/A
Beverley Gail FlynnSenior Vice President, General Counsel & Secretary0N/A

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.