09:53 AM EST - Morguard North American Residential REIT : Will acquire a 51% ownership interest in a luxury residential complex, the Marquee at Block 37, in Chicago, Illinois. The REIT has agreed to acquire the remaining 51% not already owned by Morguard Corporation from its investment partner, with whom the property was developed in 2016. On closing, Morguard will increase its ownership from 49% to 50% and will operate the property on a 50/50 joint venture basis with the REIT. Morguard North American Residential REIT
shares T.MRG.UN are trading up $0.01 at $18.85.
