Nov 6 (Reuters) - Morguard North American Residential Real Estate Investment Trust MRG_u.TO :
* MORGUARD NORTH AMERICAN RESIDENTIAL REIT ACQUIRES 50 PERCENT OWNERSHIP POSITION IN LUXURY RESIDENTIAL COMPLEX IN DOWNTOWN CHICAGO
* MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE INVESTMENT TRUST - TRANSACTION IS EXPECTED TO CLOSE BY MID-DECEMBER FOR A PURCHASE PRICE OF US$265.0 MILLION
* MORGUARD NORTH AMERICAN RESIDENTIAL REIT - MORGUARD WILL INCREASE ITS OWNERSHIP FROM 49% TO 50%
* MORGUARD NORTH AMERICAN RESIDENTIAL - WILL OPERATE PROPERTY ON A 50/50 JOINT VENTURE BASIS
* MORGUARD NORTH AMERICAN - MANAGEMENT SECURED MORTGAGE FINANCING ON PROPERTY IN AMOUNT OF $165.0 MILLION FOR A 10-YEAR TERM AT AN INTEREST RATE OF 3.27%