MISSISSAUGA, ON , Aug. 15, 2014 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (MRG-UN.TO) today announced that it has declared a distribution of 5 cents per unit for the month of August, 2014. The distribution will be payable on September 15, 2014 to unitholders of record as at August 29, 2014 .
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 14 Canadian residential apartment communities, located in Alberta and Ontario , and 30 U.S. low-rise and mid-rise, garden-style apartment communities located in Alabama , Colorado , Florida , Georgia , Louisiana , North Carolina and Texas consisting of 12,850 residential suites.
SOURCE Morguard North American Residential Real Estate Investment Trust
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Morguard North American Residential REIT
K. (Rai) Sahi
Chief Executive Officer
Robert D. Wright
Chief Financial Officer