Morguard is a fully integrated real estate company. We own, manage, and invest in high quality, well-located, geographically diversified assets across North America. With more than 45 years of experience and a dynamic team of over 1200 professionals, we focus on value creation and operational excellence. Today, our total assets owned and under management is valued at $18.6 billion. Morguard operates three diversified lines of business: Investments in Real Property: Morguard owns and manages a diversified portfolio of multi-unit residential, retail, office and industrial, and hotel properties in North America. Real Estate Investment Trusts: Morguard is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT (TSX: MRT.UN), a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT (TSX: MRG.UN), an open-end Trust with a diversified portfolio of multi-unit residential assets across North America. Advisory and Management Services: Morguard provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors.