Morguard Corp T.MRC

Alternate Symbol(s): MRCBF

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.

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Morguard Corp > Looking Good.

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Comment by undervalueon May 17, 2021 12:45pm

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RE:RE:Looking Good.

One possible alternate scenario would be MRC buying TWC. With Shares or cash.
With Rai holding 80% of TWC, he could roll in a tax efficient manner. Not be diluted, simplify his life and his estate.
MRC virtually runs TWC. TWC holds a vast land bank of 10,000 acres that could use the development and planning skills and bench strenght that MRC has.
The minority at TWC could use the share exchange to lower total risk and still participate in the land development of Glen Abbey, Muskoka, etc.

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