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Morguard North American Residential REIT Declares May 2019 Distribution of $0.0566 per Unit

Morguard 5/15/2019

Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: MRG.UN) today announced that it has declared a distribution of $0.0566 per unit for the month of May, 2019.  The distribution will be payable on June 14, 2019 to unitholders of record as at May 31, 2019.

About Morguard North American Residential REIT

The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland.

For further information: Morguard North American Residential REIT, K. Rai Sahi, Chief Executive Officer, T 905-281-3800; Christopher A. Newman, Chief Financial Officer, T 905-281-3800

Morguard North American Residential REIT; Real Estate Investment