StocksMedium•2 November 2026•
1 min read
Morguard Finalizes $1.1 Billion Canadian Residential Portfolio Acquisition
Key Facts
1Morguard finalized an agreement to acquire an interest in a residential portfolio from TD Asset Management for approximately $1.1 billion.
2The deal involves 91 properties with 12,302 suites, with Morguard acquiring 31 properties and Morguard Residential REIT acquiring 60 properties.
Morguard finalized an agreement to acquire an interest in a residential portfolio from TD Asset Management for approximately $1.1 billion. TradingView reported that the deal involves 91 properties with 12,302 suites, with Morguard acquiring 31 properties and Morguard Residential REIT acquiring 60 properties.
The transaction represents a strategic expansion into the multi-suite residential sector through an approximate 26% undivided interest in the portfolio. The deal is currently awaiting CMHC and lender approvals to reach its final closing.