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Morguard North American Residential Real Estate Inv 6 00 Convertible Unsecured Subordinated Debentures MNARF


Primary Symbol: T.MRG.DB.B Alternate Symbol(s):  T.MRG.UN

Morguard North American Residential Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and Maryland. The objectives of the REIT are to generate stable and growing cash distributions to Unitholders on a tax-efficient basis; to enhance the value of its portfolio and the long-term value of its units through active asset and property management; and to expand the REIT's asset base, primarily through acquisitions and property improvements. The REIT's multi-suite residential property portfolio consists of about 16 Canadian properties and 27 United States properties, having a total of approximately 13,089 residential suites and 239,500 square feet of commercial area.


TSX:MRG.DB.B - Post by User

Post by Possibleidiot01on Jan 23, 2024 3:20pm
327 Views
Post# 35841486

insider buy

insider buy Sold some  Knight Therapeutics Inc.to buy MRG.

  • Morguard North American Residential REIT (TSE:MRG.UN - Get Free Report) insider Sime Armoyan acquired 3,400 shares of the stock in a transaction dated Monday, January 22nd. The shares were purchased at an average cost of C$110.00 per share, with a total value of C$374,000.00.
  • Knight Therapeutics Inc. (TSE:GUD - Get Free Report) insider Sime Armoyan sold 28,200 shares of the business's stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of C$5.75, for a total value of C$162,150.00.


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