Mr. K. Rai Sahi reports

MORGUARD NORTH AMERICAN RESIDENTIAL REIT DECLARES OCTOBER 2023 DISTRIBUTION OF $0.06 PER UNIT

Morguard North American Residential REIT has declared a distribution of six cents per unit for the month of October, 2023. The distribution will be payable on Nov. 15, 2023, to unitholders of record as at Oct. 31, 2023.

About Morguard North American Residential REIT

Morguard North American Residential is an unincorporated, open-ended real estate investment trust that 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.