Morguard North American Residential Real Estate Investment Trust Reports Q1 Earnings
Morguard North American Residential Real Estate Investment Trust reported stable first-quarter 2026 results, though FFO fell by 7.6% to CAD 21.4 million due to higher vacancy rates in Canada and the U.S., which offset rent growth. The REIT plans a joint investment of CAD 1 billion for ~20% ownership in TD Asset Management's portfolio.
Topics: ffo_decline liquidity_position portfolio_acquisition q1_2026_results vacancy_rates