OTCM
MNARF
Market cap361mUSD
, Last price
Name
Morguard North American Residential Real Estate Investment Trust
Chart & performance
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Profile
Morguard North American Residential Real Estate Investment Trust (MRG.UN) operates as an unincorporated, open-ended investment trust, subject to the laws of the Province of Ontario. Its units are publicly traded on the Toronto Stock Exchange under the ticker symbol MRG.UN. The REIT's core strategy involves maximizing the long-term value of its units by actively acquiring and managing premium multi-suite residential properties located throughout Canada and the United States. As of October 27, 2020, its extensive portfolio consisted of 13,275 residential suites. These properties are situated in Canadian provinces like Alberta and Ontario, as well as several U.S. states including Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia, and Maryland. The portfolio's independently assessed value stood at approximately $3.1 billion as of September 30, 2020.
Key people
Chairman of the Board of Trustees, Chief Executive Officer
Christopher Newman
Chief Financial Officer · since 2018
Senior Vice President · since 2018
Senior Vice President, Trustee · since 2024
John Talano
Senior Vice President, U.S. Operations · since 2024
Vice President · since 2019
Senior Vice President, General Counsel, Secretary · since 2018
Lead Independent Trustee · since 2012
Independent Trustee · since 2012
Independent Trustee · since 2012
Mel Leiderman
Independent Trustee · since 2012
Frank Munsters
Independent Trustee · since 2012
William Wallace
Independent Trustee · since 2012
Valuation
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