Morguard Corp T.MRC

Alternate Symbol(s): MRCBF

Morguard Corporation is a Canada-based real estate company. The Company’s principal activities include property ownership, development and investment advisory services. Property ownership encompasses interests in multi-suite residential, commercial and hotel properties located in Canada and the United States. The Company owns a diversified portfolio of 178 multi-suite residential, retail, office, industrial and hotel properties comprised of 17,566 residential suites, approximately 17.1 million square feet of commercial leasable space. The Company also owns a 65.0% interest in Morguard Real Estate Investment Trust and a 45.3% effective interest in Morguard North American Residential Real Estate Investment Trust. It also provides advisory and management services to institutional and other investors. The Company's subsidiaries include Morguard Real Estate Investment Trust and Morguard North American Residential Real Estate Investment Trust.

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Morguard Corp > Risky as rates rise. Strong volume signals future panic

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Comment by slston Jun 21, 2021 4:31pm

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Post# 33421940

RE:Risky as rates rise. Strong volume signals future panic

You are missing the fact that they are already actively, refinancing/renewing debt at SUBSTANTIAL discounts to the prior 5 year's rates. They have great properties.

Real Estate is a long game....and these guys use bad times to spring to new highs. They have done it before and I expect they will do it again. CEO is a mover and shaker.

I am chasing one of their Subsidiaries MRT.un. which has an even deeper value. It all filters back to the parent anyway. A couple of Bloomberg guys said they prefer the strenght of MRC. They other subsidiary is US residencial.....All good stuff. Land and Buildings....spread out.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle