Morguard is a fully integrated Canadian real estate company that owns, manages, and invests in multi-suite residential, office, industrial, retail, and hotel properties across North America. Founded approximately 50 years ago, Morguard is publicly traded on the Toronto Stock Exchange under ticker symbol MRC. In November 2025, the company completed a planned leadership transition, with Angela Sahi assuming the role of President and Chief Executive Officer, succeeding her father K. Rai Sahi, who moved to Executive Chair. The company operates through three business lines: direct real estate investments, sponsorship of two publicly traded REITs (Morguard REIT and Morguard North American Residential REIT), and third-party advisory and management services for institutional clients. Morguard also operates an investment management platform, Morguard Lincluden Global Investments, managing $4.4 billion in equities and fixed-income securities. In February 2026, Morguard and Morguard Residential REIT announced a $1 billion joint investment in a 106-property, 15,500-suite residential portfolio owned by TD Asset Management, expanding total managed assets to approximately $24 billion. The portfolio under this transaction is geographically concentrated, with 36% in the Greater Toronto-Hamilton Area, 19% in Southwest Ontario, and 13% in Ottawa. In January 2024, Morguard sold 14 hotels for $410 million to InnVest Hotels and Manga Hotel Group, aligning with its strategy to focus on core income-producing real estate. The company employs approximately 1,100 professionals and maintains offices across Canada and the United States.