Morguard North American Residential REIT Declares March 2024 Distribution of $0.06167 per Unit

MISSISSAUGA, ON, March 15, 2024 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.06167 per unit for the month of March 2024.  The distribution will be payable on April 15, 2024 to unitholders of record as at March 28, 2024.

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