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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.


TSX:MRC - Post by User

Post by Beabaggageon Dec 20, 2022 12:41pm
568 Views
Post# 35182462

MRC float has to be very small

MRC float has to be very smallof course the Sahi ownership and insiders, institutions...not sure what the catalyst is here but I kept adding on weakness in US sub $US80 and happy to continue to hold long term.  They are getting good prices for the hotels they are selling and the diversification is attractive too. Long.  Bea
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