Morguard North American Residential REIT is committed to providing Unitholders with stable and growing cash distributions on a tax-efficient basis. The REIT has a track record of five consecutive years of annual distribution increases that have outpaced inflation. As of March 31, 2023, the REIT had an occupancy rate of 96.7% and an average monthly rental rate of $1,584 across its entire portfolio.
By taking advantage of its scale and access to capital, the REIT is able to provide unitholders with attractive returns while minimizing risk through property diversification and counter-cyclical strategies. The REIT focuses on providing high-quality service to its tenants as well as maximizing value for Unitholders through active asset and property management. The REIT has a long-term strategy of expanding the REIT’s asset base, primarily through acquisitions and property improvements in order to achieve its objectives.
Morguard North American Residential REIT is uniquely positioned to capitalize on attractive investment opportunities in the residential rental market across North America. The REIT strives to provide Unitholders with stable and growing cash distributions on a tax-efficient basis while actively managing the portfolio to enhance value and long-term returns.
Morguard North American Residential Real Estate Investment Trust is an attractive investment opportunity for investors seeking diversified exposure to the North American residential rental market. The REIT’s portfolio consists of high-quality assets in strong markets and its management team is focused on providing unitholders with attractive returns while minimizing risk through property diversification and counter-cyclical strategies.
The REIT is committed to growing its asset base, primarily through acquisitions and property improvements, in order to maximize value for Unitholders. With its scale and access to capital, Morguard North American Residential REIT is well-positioned to capitalize on attractive investment opportunities in the residential rental market across North America.