Morguard Corporation (Morguard) is a real estate investment company whose principal activities include the acquisition and ownership of commercial, hotel and multi-unit residential real estate properties. The Company also offers real estate advisory and management services representing institutional and private investors. It owns a portfolio of office, industrial, retail, hotel and multi-unit residential properties located in Canada and in the United States. Morguard owns and manages a portfolio comprising approximately 52 million square feet of commercial properties and approximately 18,000 multi-unit residential suites and 1,220 hotel suites. Morguard owns a portfolio of approximately 123 multi-unit residential, retail, hotel, office and industrial properties located across Canada and in the southeastern United States. The Company owns interest in two real estate investment trusts (REITs): Morguard REIT and Morguard North American Residential REIT.