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

Currency In CAD

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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
John TalanoSenior Vice President of U.S. Operations0N/A
Beverley Gail FlynnSenior Vice President, General Counsel & Secretary0N/A
Paul MiatelloSenior Vice President01970
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Description

This open-ended, unincorporated real estate investment trust (REIT) is organized and operates under the legal framework of the Province of Ontario, Canada. Its shares are listed and actively traded on the Toronto Stock Exchange (TSX) using the ticker symbol MRG.UN. The REIT's strategic objective is to acquire premium multi-suite residential properties across Canada and the United States, thereby enhancing long-term unitholder value through diligent asset and property management. As of October 27, 2020, its extensive portfolio included 13,275 residential units. These properties, located in Alberta, Ontario, Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and Maryland, were appraised at approximately $3.1 billion as of September 30, 2020.

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