Morguard North American Residential REIT Declares April 2018 Distribution of $0.0550 per Unit

MISSISSAUGA, ON, April 16, 2018 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.0550 per unit for the month of April 2018.  The distribution will be payable on May 15, 2018 to unitholders of record as at April 30, 2018.

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 a portfolio of 16 Canadian residential apartment communities, located in Alberta and Ontario, and 30 U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland consisting of approximately 13,000 residential suites.

For more information, please visit Morguard.com.

SOURCE Morguard North American Residential Real Estate Investment Trust