Morguard Corp MRCBF

Primary Symbol: T.MRC

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 > Risky as rates rise. Strong volume signals future panic

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Comment by Northforce13on Jun 24, 2021 11:13pm

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Post# 33449047

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

Been watching the pull back too, felt a bit odd.

Checked vs some peers I'm familiar with, like CUF.UN and HR.UN... both peers have continued to rise a bit, while MRC hit a top and retreated. If it had followed the peers I guess it should be +/- 160ish.

Feels like someone is selling, as alluded to in the other posts.

Haven't really dug into it deeply, above is just off the cuff guesstimates.

Own lots of this

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