Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)
C$ 16.5 -0.03 (-0.18%) Market Cap: 620.57 Mil Enterprise Value: 2.18 Bil PE Ratio: 3.62 PB Ratio: 0.32 GF Score: 77/100

Q1 2021 Morguard North American Residential Real Estate Investment Trust Earnings Call Transcript

Apr 29, 2021 / 07:00PM GMT
Release Date Price: C$15.6 (-0.32%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the Morguard North American Residential REIT First Quarter 2021 Results Conference Call. (Operator Instructions) This call is being recorded on Thursday, April 29, 2021. I would now like to turn the conference over to Mr. Rai Sahi. Please go ahead.

Kuldip Rai Sahi
Morguard North American Residential Real Estate Investment Trust - Chairman & CEO

Thank you. Thank you very much. Chris, I'm going to pass it on to you, you can introduce everybody.

Christopher A. Newman
Morguard North American Residential Real Estate Investment Trust - CFO

Okay. Thank you, Rai, and with me as well is Beverley Flynn, Paul Miatello, Angela Sahi, Patrick Stewart, and John Talano. So as is customary, I'll provide comments on the REIT's financial position and performance. In terms of our financial position, the REIT completed the first quarter of 2021 with total assets amounting to $3.1 billion, unchanged compared to December 31, 2020. The REIT finished the first quarter with

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