MISSISSAUGA, ON, Feb. 14, 2018 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the year ended December 31, 2017. Highlights The REIT is reporting annual performance of: Net operating income (“NOI”) of $122.7 million for the year ended December 31, 2017, an increase of $7.4 million,… [Read More]
Morguard North American Residential REIT Announces Completion of its Previously Announced Public Offering of $75 Million of Convertible Debentures
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ MISSISSAUGA, ON, Feb. 13, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) announced today that it has completed its previously announced public offering (the “Offering”) with a syndicate of underwriters, co-led by RBC Capital Markets… [Read More]
Morguard North American Residential REIT Announces Increase of Previously Announced Offering to $75 Million
TSX SYMBOL: MRG.UN /NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ MISSISSAUGA, ON, Jan. 25, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (“Morguard NAR REIT” or the “REIT”) (TSX: MRG.UN), announced today that, due to increased investor demand, it has amended the terms of its previously announced… [Read More]
Morguard North American Residential REIT to Redeem 4.65% Convertible Unsecured Subordinated Debentures
MISSISSAUGA, ON, Jan. 24, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “Trust”) (TSX: MRG.UN) today announced that it will redeem all of its outstanding 4.65% Convertible Unsecured Subordinated Debentures (the “Debentures”) on February 26, 2018 (the “Redemption Date”). The Debentures were issued on March 15, 2013 and mature on March… [Read More]
Morguard North American Residential REIT Announces $70 Million Offering of Convertible Debentures
TSX SYMBOL: MRG.UN /NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ MISSISSAUGA, ON, Jan. 24, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (“Morguard NAR REIT” or the “REIT”) (TSX: MRG.UN), announced today that it has entered into an agreement with a syndicate of underwriters, co-led by… [Read More]
Morguard North American Residential REIT For the Year Ended December 31, 2017 Conference Call
MISSISSAUGA, ON, Jan. 18, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “Trust”) (TSX: MRG.UN), expects to announce its financial results for the years ended December 31, 2017 and 2016 on Tuesday, February 13, 2018. The Trust invites you to participate in a conference call on Thursday, February 15, 2018 at 3:00… [Read More]
Morguard North American Residential REIT Declares January 2018 Distribution of $0.0550 per Unit
MISSISSAUGA, ON, Jan. 15, 2018 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) today announced that it has declared a distribution of $0.0550 per unit for the month of January 2018. The distribution will be payable on February 15, 2018 to unitholders of record as at January 31, 2018. About… [Read More]
Morguard North American Residential REIT Declares December 2017 Distribution of $0.0550 per Unit
MISSISSAUGA, ON, Dec. 15, 2017 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) today announced that it has declared a distribution of $0.0550 per unit for the month of December 2017. The distribution will be payable on January 15, 2018 to unitholders of record as at December 29, 2017. About… [Read More]
Morguard North American Residential REIT Announces Normal Course Issuer Bid
MISSISSAUGA, ON, Dec. 15, 2017 /CNW/ – Morguard North American Residential Real Estate Investment Trust (TSX: MRG.UN) (the “Morguard”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Morguard may,… [Read More]
Morguard North American Residential REIT Declares November 2017 Distribution of $0.0550 per Unit
MISSISSAUGA, ON, Nov. 15, 2017 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) today announced that it has declared a distribution of $0.0550 per unit for the month of November 2017. The distribution will be payable on December 15, 2017 to unitholders of record as at November 30, 2017…. [Read More]
Morguard North American Residential REIT Announces 2017 Third Quarter Results and an Increase to Monthly Cash Distributions
MISSISSAUGA, ON, Oct. 31, 2017 /CNW/ – Morguard North American Residential REIT (the “REIT”) (TSX: MRG.UN) today announced its financial results for the three and nine months ended September 30, 2017. Third Quarter Highlights The Board of Trustees has approved an increase to the REIT’s annual cash distribution by $0.02 per Unit (3.1%). The increase is… [Read More]
Morguard North American Residential REIT and HOOPP Enter Joint Venture on Prominent Downtown Chicago Residential High-Rise
MISSISSAUGA, ON, Oct. 26, 2017 /CNW/ – Morguard North American Residential Real Estate Investment Trust (the “REIT”) (TSX: MRG.UN) announced today the completion of a joint venture with Healthcare of Ontario Pension Plan (“HOOPP”) of Coast at Lakeshore East (“Coast”), a 515-suite urban rental high-rise in Chicago’s desirable Loop district. The REIT completed the acquisition… [Read More]
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