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Morguard REIT said year-to-date NOI was down 3.2%, mainly due to a one-time 2025 tax refund. Net income for the nine months was $22.0 million, versus a loss of $8.7 million in 2025, reflecting fair value changes.
Morguard North American Residential REIT announced financial results for the three and nine months ended September 30, 2026, and an increase to its monthly cash distribution.