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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 Jun 17, 2024 3:32pm
167 Views
Post# 36092668

insider buy from marketbeat.com

insider buy from marketbeat.comMorguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan bought 2,900 shares of the firm's stock in a transaction on Friday, June 14th. The stock was acquired at an average price of C$110.75 per share, for a total transaction of C$321,175.00.

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