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Morguard North American Residential REIT Declares July 2017 Distribution of $0.05333 per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT2017-07-14T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.05333 per unit for the month of July 2017.  The distribution will be payable on August 15, 2017 to unitholders of record as at July 31, 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard North American Residential REIT</strong></p><font color="#000000" face="Times New Roman" size="3"><strong> </strong></font><p>The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 16 Canadian residential apartment communities, located in Alberta and Ontario, and 29 U.S. low-rise and mid-rise, garden-style apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina and Virginia consisting of nearly 13,000 residential suites.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit Morguard.com.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C8107&Transmission_Id=201707141000CANADANWCANADAPR_C8107&DateId=20170714" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: Morguard North American Residential REIT, K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Robert D. Wright, Chief Financial Officer, T 905-281-3800</p><p></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-narreit-jul2017-distribution
Morguard Real Estate Investment Trust Declares July 2017 Distribution of 8 Cents per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-07-14T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has declared a distribution of 8 cents per unit for the month of July 2017.  The distribution will be payable on August 15, 2017 to unitholders of record as at July 31, 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard Real Estate Investment Trust</strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.7 million square feet of leaseable space.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C5167&Transmission_Id=201707141100CANADANWCANADAPR_C5167&DateId=20170714" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: please contact: Morguard Real Estate Investment Trust, K. Rai Sahi, President and Chief Executive Officer, T 905-281-4800; Pamela McLean, Vice President and Chief Financial Officer, T 905-281-4800</p><p><br></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-reit-jul2017-distribution
Morguard North American Residential REIT Announces Material U.S. Transactions and FinancingsGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-07-12T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) announced today an update on the status of various investment and financing transactions.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>On July 10, 2017, the REIT closed on the acquisition of a 515-suite apartment building in Chicago for $287.5 million (US$222.5 million).  Coast at Lakeshore East is a recently built, urban high-rise rental apartment building located in a prime Chicago submarket, with spectacular views of the Chicago River, Millennium Park and the Chicago skyline. The building is a LEED Silver candidate, offers 19,000 square feet of indoor and outdoor amenity space and an additional 18,000 square feet of commercial retail space. Concurrent with the acquisition, financing of $158.3 million (US$122.5 million), with a fixed term of eight years and an interest rate of 3.49%, was completed.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>On July 6, 2017, the REIT closed on the acquisition of a newly built, 104-suite mid-rise apartment building located in the Greater Washington D.C. suburb of Falls Church, Virginia for the purchase price of $55.7 million (US$43 million). Northgate at Falls Church includes 32,000 square feet of high street commercial space and modern amenity space, including community courtyards with patio fireplace and grill, fitness center, clubroom and garage parking.  The property was completed in 2014 and is subject to a long-term land lease, with a fixed price land purchase option available in 12.25 years.  Concurrent with the acquisition, financing of $30.7 million (US$23.7 million), with a fixed term of 12.25 years and an interest rate of 4.05%, was completed.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>On June 1, 2017, the REIT waived conditions on the acquisition of a 492-suite apartment community with a purchase price of US$129 million.  Fenestra Apartments, located at Rockville Town Square, Rockville, Maryland is a multi-building, 6-storey complex with high-end condo-style amenities, completed in 2008.  Fenestra is located near public transportation and at the social and cultural hub of the area.  Closing is targeted for the third quarter of 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>Additionally, on July 12, 2017, the REIT closed on the disposition of four properties comprising 1,329 suites located in Mobile, Alabama for $89.3 million (US$70.1 million).  The four properties in the REIT's Alabama portfolio were constructed between 1970 and 1978 and have no mortgage debt.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>"We are excited about these acquisitions because they are located in urban growth markets and, being recently constructed, will mitigate capital risk for the REIT.  The sale of the Alabama properties is consistent with our strategy to opportunistically dispose of non-core assets," said Rai Sahi, Chief Executive Officer of the REIT.  "We continue to focus on improving the quality of the REIT's cash flow within North America and maximizing long-term value for unitholders."</p><font color="#000000" face="Times New Roman" size="3"> </font><p>During June 2017, the REIT also completed $81.3 million (US$60.9 million) of refinancing secured by three of its existing properties, located in Colorado, Georgia and Florida, at a weighted average interest rate of 3.84% and a weighted average term to maturity of 10 years.  The refinancings resulted in $26.6 million (US$20.0 million) of additional mortgage proceeds on the maturing loans, which had a weighted average interest rate of 4.46%. The REIT has now completed financing arrangements on all mortgages scheduled to mature during 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard North American Residential REIT </strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 16 Canadian residential apartment communities, located in Alberta and Ontario, and 29 U.S. low-rise and mid-rise, garden-style apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina and Virginia consisting of nearly 13,000 residential suites.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>Forward-Looking Information </strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>Certain information in this press release may constitute forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook for the REIT's business results of operations. Forward-looking statements use the words "believe", "expect", "anticipate", "may", "should", "intend", "estimate" and other similar terms, which do not relate to historical matters. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, both nationally and in the regions in which the REIT operates; changes in business strategy or development/acquisition plans; environmental exposures; financing risk; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; liability and other claims asserted against the REIT; and other factors referred to in the REIT's filings with Canadian securities regulators. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The REIT does not assume the obligation to update or revise any forward looking statements.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: K. Rai Sahi, Chief Executive Officer, (905) 281-3800; Robert D. Wright, Chief Financial Officer, (905) 281-3800</p><p> </p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-nareit-us-transactions-and-financings
Morguard Awarded BOMA BEST™ Platinum Certification at Four Mississauga Locations, Including Morguard Head OfficeGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management2017-07-05T04:00:00Z<p>Morguard is proud to announce that the company was recently awarded BOMA BEST™ Platinum certification at four office buildings in Mississauga, Ontario. BOMA BEST recognizes excellence in energy and environmental management and performance in commercial real estate.</p><p>The four buildings are located at 33, 55, 77 and 201 City Centre Drive in Mississauga and represent a combined 800,000 square feet of office space. The buildings house multiple tenants, including Morguard's head office.</p><p>"Sustainability has always been a fundamental aspect of Morguard's culture and daily operations and the Platinum certification shows that we 'walk the walk' at our head office," said Tullio Capulli, Vice President Property Management & Leasing at Morguard. "I am proud that Morguard's Operations team, our employees and our tenants share the same strong commitment to sustainable building management and environmental best practices."</p><p>Platinum certification is the highest possible BOMA rating and means that the properties have met BOMA BEST Practices and achieved between 90 and 100% on the BOMA BEST Sustainable Buildings 3.0 office questionnaire. Of the approximately 2,500 BOMA certified buildings across Canada, only 4% have achieved Platinum status.</p><p>By implementing innovative new sustainability practices, Morguard increased the certification over 2014, when the buildings were certified Silver. New programs put into place include:</p><ul style="list-style-type:disc;"><li>Swapping existing waste compactors with 100% recycling units, reducing waste to landfills by up to 90%</li><li>Installing 3-in-1 (mixed recycling, organics and waste) bins for all anchor tenants to increase waste diversion</li><li>Switching from low-flow to completely waterless urinals </li><li>Converting approximately 30% of interior and exterior lighting to low-energy LEDs</li><li>Installing variable-frequency drives for pumps and motors to save energy</li><li>Implementing good housekeeping protocols, including daytime cleaning schedules to reduce energy usage</li><li>Replacing disposable filters with washable, reusable models on air distribution systems</li><li>Establishing tenant engagement programs, including Morguard Green Link, to promote, support and encourage sustainable practices  </li></ul><p></p>http://morguard.com/news-knowledge/posts/mcc-bomabest-platinum
Morguard North American Residential REIT 2017 Second Quarter Results Conference CallGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-07-05T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard North American Residential Real Estate Investment Trust (the "Trust") (TSX: MRG.UN), invites you to participate in a conference call on Thursday, August 3, 2017 at 3:00 p.m. (ET) to discuss the financial results for the quarters ended June 30, 2017 and 2016.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>An overview of the Trust's financial results will be provided by Robert D. Wright, CFO.  A question and answer session will then follow.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>To participate in the conference call, please dial 647-427-7450 or 1-888-231-8191.  Please quote conference ID # 47320330.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For those unable to participate, a taped replay will be available after the completion of the call from 6:00 p.m. (ET) until midnight on September 3, 2017.  To access the replay, dial 416-849-0833 or 1-855-859-2056 and enter the passcode number ID # 47320330.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard North American Residential REIT</strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Trust is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 16 Canadian residential apartment communities, located in Alberta and Ontario, and 31 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of more than 13,500 residential suites.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C3211&Transmission_Id=201707051000CANADANWCANADAPR_C3211&DateId=20170705" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: For further instructions or information about this conference call, please contact Nancy Williams at 905-281-4758 or <a href="mailto:nwilliams@morguard.com">nwilliams@morguard.com</a></p><p><span style="font-family:"arial",sans-serif;"><span style="text-decoration:underline;"></span></span><br></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-narreit-2017q2-results-call
Morguard Real Estate Investment Trust 2017 Second Quarter Results Conference CallGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-07-05T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN), expects to announce its financial results for the second quarter ended June 30, 2017 on Wednesday, August 2, 2017. </p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Trust invites you to participate in a conference call on Thursday, August 3, 2017 at 4:00 p.m. (ET).  An overview of the Trust's financial results will be provided by Pamela McLean, CFO. A question and answer session will then follow. </p><font color="#000000" face="Times New Roman" size="3"> </font><p>To participate in the conference call, please dial 647-427-7450 or 1-888-231-8191.  Please quote conference ID # 47334681.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For those unable to participate, a taped replay will be available after the completion of the call from 7:00 p.m. (ET) until midnight on September 3, 2017.  To access the replay, dial 416-849-0833 or 1-855-859-2056 and enter the passcode number # 47334681.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard Real Estate Investment Trust</strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.7 million square feet of leaseable space.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C1316&Transmission_Id=201707051100CANADANWCANADAPR_C1316&DateId=20170705" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: For further instructions or information about this conference call, please contact Nancy Williams at 905-281-4758 or <a href="mailto:nwilliams@morguard.com">nwilliams@morguard.com</a></p><p><span style="font-family:"arial",sans-serif;"><span style="text-decoration:underline;"></span></span><br></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-reit-2017q2-results-call
Morguard and William Osler Health System Celebrate the Topping Off of the Ancillary Services Building at Etobicoke General HospitalGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment;GP0|#2dc001c9-ed6e-4be1-b43c-a60a1ac63b06;L0|#02dc001c9-ed6e-4be1-b43c-a60a1ac63b06|LEED Development2017-06-27T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard Corporation ("Morguard") (TSX: MRC) and William Osler Health System celebrated a major milestone with the topping off of the Ancillary Services Building ("ASB") at Etobicoke General Hospital ("EGH").</p><font color="#000000" face="Times New Roman" size="3"> </font><p>In 2016, the Morguard-led EGH Health Partners consortium was awarded the mandate to design, build, finance and maintain the $56 million medical office building through an alternative financing arrangement. The six-storey, 156,000 square foot Class A building is targeting LEED® (Leadership in Energy and Environmental Design) Gold certification.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>"Morguard has the flexibility to provide alternative financing options that offer innovative and accessible means for the public sector to modernize and replace aging infrastructure," said K. Rai Sahi, Chairman and CEO, Morguard Corporation. "We are pleased to join our partners to celebrate a milestone in the development of this modern facility that will provide world-class medical care in this community."</p><font color="#000000" face="Times New Roman" size="3"> </font><p>The development of the medical office building is a key component in the expansion and transformation currently underway at EGH. It replaces the existing building, providing more than twice the square footage to meet the hospital's growing needs and provides additional value with connection to the newly constructed EGH patient tower through a covered pedway on the second storey.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>The medical office building was designed to William Osler Health System's specifications and will be home to physicians' offices, classrooms and outpatient programs and services including a fracture clinic, diagnostic imaging and a satellite dialysis program.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>"This marks a significant milestone in the revitalization journey at EGH," said Ann Ford, Vice President Facilities, Redevelopment and Information Technology at William Osler Health System. "With the support of our partners, we are excited about the tremendous progress we are making in transforming this site, which will help increase access to the health care services most needed by patients and families in the community." </p><font color="#000000" face="Times New Roman" size="3"> </font><p>The project is a hybrid infrastructure/commercial real estate alternative financing arrangement between the Morguard-led consortium and William Osler Health System. Under the terms of the partnership, Morguard will develop, own and operate the building for a 40-year term, with 100% of the space leased to William Osler Health System for the duration. </p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Morguard-led consortium includes:</p><font color="#000000" face="Times New Roman" size="3"> </font><ul><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Developer, Financial Advisor/Arranger and Facilities Manager: Morguard Investments Limited </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Constructor: Bird Construction </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Architect: ARK Inc. </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Legal: Fasken Martineau </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Construction Financing: RBC Capital Markets </p></li><font color="#000000" face="Times New Roman" size="3"> </font><li><p>Long-term Financing: RBC Insurance</p></li><font color="#000000" face="Times New Roman" size="3"> </font></ul><font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard was joined by executives from William Osler Health System for a topping off ceremony, a key milestone in the development process. The ceremony signifies that construction of the building has reached the top floor and symbolizes months of collaboration between Morguard and its partners. Construction is on schedule to be substantially complete by late 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard </strong><br> Morguard Corporation is a major North American real estate company.  It has extensive retail, office, industrial, multi–suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN), Morguard North American Residential REIT (TSX: MRG.UN) and Temple Hotels Inc. (TSX:TPH). Morguard also provides real estate management services to institutional and other investors. Morguard's combined real estate portfolio is valued at $15.9 billion. Visit <a href="/" target="_blank">www.morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard Investments Limited</strong><br> Morguard Investments Limited is a real estate management company that provides strategic advisory services to institutional clients who are seeking a significant contribution to their real estate portfolio. Backed by 40 years of proven performance, MIL has strong investment and management capabilities in multiple asset classes across retail, office, industrial and multi-suite residential. The company manages approximately 45 million square feet of commercial space in Canada.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About William Osler Health System</strong><br> William Osler Health System is a hospital system that serves 1.3 million residents of Brampton, Etobicoke, and surrounding communities within the Central West Local Health Integration Network. Osler's emergency departments are among the busiest in Canada and its labour and delivery program is one of the largest in the province. William Osler Health System Foundation builds and fosters relationships in order to raise funds to support William Osler Health System's capital, education and research priorities at Brampton Civic Hospital, Etobicoke General Hospital and the new Peel Memorial Centre for Integrated Health & Wellness. Visit <a href="http://www.williamoslerhs.ca/" target="_blank">www.williamoslerhs.ca</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C4552&Transmission_Id=201706271411CANADANWCANADAPR_C4552&DateId=20170627" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: K. Rai Sahi, Chairman and Chief Executive Officer, 905-281-3800; Margaret Knowles, Senior Vice President, Development at Morguard Investments Limited, 905-281-5817</p><p><br></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/egh-toppingoff-ceremony
Redevelopment Envisioned for Morguard’s North Shore Square in LouisianaGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#14ddfd02-772e-4184-813f-3edbb2e94651;L0|#014ddfd02-772e-4184-813f-3edbb2e94651|Morguard Corporation;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#3e31cf64-7302-4306-b3fd-abaa24a28863;L0|#03e31cf64-7302-4306-b3fd-abaa24a28863|Property Management;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-06-21T04:00:00Z<p>​Morguard-owned North Shore Square mall in Slidell, Louisiana, envisions a redevelopment plan that would convert the mall into an outdoor shopping and living development. Details are fluid, but the redeveloped site will likely include a mix of retail, residential and office space, said John Talano, a vice president for Morguard Management Co.    </p><p>Read the full article on <a href="http://www.nola.com/northshore/index.ssf/2017/06/slidell_mall_owners_hope_to_re.html">nola.com</a>.</p><p>         <a href="http://www.nola.com/northshore/index.ssf/2017/06/slidell_mall_owners_hope_to_re.html" target="_blank"></a></p>http://morguard.com/news-knowledge/posts/north-shore-square-redevelopment
Morguard North American Residential REIT Declares June 2017 Distribution of $0.05333 per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#a9eac8ae-d456-40d5-af28-dc36ae543995;L0|#0a9eac8ae-d456-40d5-af28-dc36ae543995|Morguard North American Residential REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-06-15T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.05333 per unit for the month of June 2017.  The distribution will be payable on July 14, 2017 to unitholders of record as at June 30, 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p><strong>About Morguard North American Residential REIT</strong></p><font color="#000000" face="Times New Roman" size="3"> </font><p>The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in a portfolio of 15 Canadian residential apartment communities, located in Alberta and Ontario, and 31 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama, Colorado, Florida, Georgia, Louisiana, North Carolina and Texas consisting of more than 13,000 residential suites.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C4173&Transmission_Id=201706151000CANADANWCANADAPR_C4173&DateId=20170615" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: Morguard North American Residential REIT: K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Robert D. Wright, Chief Financial Officer, T 905-281-3800</p><p><span style="font-family:"arial",sans-serif;"><font color="#000000" size="3"></font></span><br></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-narreit-jun2017-distribution
Morguard Real Estate Investment Trust Declares June 2017 Distribution of 8 Cents per UnitGP0|#f6ee19df-6c3a-4081-bd74-668207df6964;L0|#0f6ee19df-6c3a-4081-bd74-668207df6964|Morguard;GTSet|#bbd2a0ca-f457-44e3-b106-3c8139b9e1faGP0|#ca7174ac-6e4b-4ce1-b570-12f3c9be8efe;L0|#0ca7174ac-6e4b-4ce1-b570-12f3c9be8efe|Morguard REIT;GTSet|#08f799fb-3b4e-446d-9e79-1b6ddfdd40a2;GP0|#50f77e71-a149-46fd-90c2-9f738ea9df00;L0|#050f77e71-a149-46fd-90c2-9f738ea9df00|Real Estate Investment2017-06-15T04:00:00Z<font color="#000000" face="Times New Roman" size="3"> </font><p>Morguard Real Estate Investment Trust (the "Trust") (TSX: MRT.UN) today announced that it has declared a distribution of 8 cents per unit for the month of June 2017. The distribution will be payable on July 14, 2017 to unitholders of record as at June 30, 2017.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>About Morguard Real Estate Investment Trust</p><font color="#000000" face="Times New Roman" size="3"> </font><p>The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.7 million square feet of leaseable space.</p><font color="#000000" face="Times New Roman" size="3"> </font><p>For more information, please visit <a href="/" target="_blank">Morguard.com</a>.</p><font color="#000000" face="Times New Roman" size="3"> </font><font color="#000000" face="Times New Roman" size="3"> </font><p><img src="https://rt.newswire.ca/rt.gif?NewsItemId=C8601&Transmission_Id=201706151100CANADANWCANADAPR_C8601&DateId=20170615" border="0" alt="" style="border-width:0px;margin:5px;width:1px;" /></p><font color="#000000" face="Times New Roman" size="3"> </font><p>For further information: Morguard Real Estate Investment Trust: K. Rai Sahi, President and Chief Executive Officer, T 905-281-4800; Pamela McLean, Vice President and Chief Financial Officer, T 905-281-4800</p><p></p><font color="#000000" face="Times New Roman" size="3"> </font>http://morguard.com/news-knowledge/posts/morguard-reit-jun2017-distribution