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Morguard North American Residential (MRG_u)

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17.40 +0.25    +1.46%
24/03 - Closed. Currency in CAD ( Disclaimer )
  • Volume: 26,096
  • Bid/Ask: 17.39 / 17.44
  • Day's Range: 17.09 - 17.50
Type:  Equity
Market:  Canada
Morguard North American Residential 17.40 +0.25 +1.46%

Morguard North American Residential Company Profile

 
Get an in-depth profile of Morguard North American Residential, including a general overview of the company's business and key management, as well as employee data and location and contact information.
IndustryResidential & Commercial REITs
SectorReal Estate
Employees

1300

Equity Type

Unit

Morguard North American Residential Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of its assets and maximize long-term unit value through active asset and property management and expand the asset base of the REIT and increase adjusted funds from operations per unit primarily through acquisitions and improvement of its properties. The REIT owns a diversified real estate portfolio of approximately 43 multi-suite residential properties in North America. The real estate portfolio consists of approximately 16 Canadian residential apartment communities located in Alberta and Ontario and 26 United States low-rise and mid-rise apartment communities located in Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, North Carolina, Texas and Virginia consisting of 12,169 residential suites.

Contact Information

Address 55 City Centre Drive Suite 1000
Mississauga, L5B 1M3
Canada
Phone (905) 281-3800
Fax (905) 281-5999

Top Executives

Name Age Since Title
Frank M. Munsters - 2012 Independent Trustee
William O'Reilly Wallace - 2012 Independent Trustee
Kuldip Rai Sahi 74 2012 Chairman & CEO
Dino Chiesa 72 2012 Independent Trustee
Mel Leiderman 69 2012 Independent Trustee
Avtar Terry Bains - 2012 Independent Lead Trustee
Bruce Keith Robertson 54 2012 Independent Trustee
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