Morguard North American Residential REIT Declares March 2022 Distribution of $0.0583 per Unit

MISSISSAUGA, ON, March 15, 2022 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.0583 per unit for the month of March 2022.  The distribution will be payable on April 14, 2022 to unitholders of record as at March 31, 2022.

About Morguard North American Residential REIT

The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland.

For more information, please visit Morguard.com.

SOURCE Morguard North American Residential Real Estate Investment Trust

Morguard North American Residential REIT, K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Christopher A. Newman, Chief Financial Officer, T 905-281-3800