Morguard North American Residential Real Estate Investment Trust (OTCPK:MNARF)
$ 11.94 0 (0%) Market Cap: 406.11 Mil Enterprise Value: 1.55 Bil PE Ratio: 3.28 PB Ratio: 0.29 GF Score: 77/100

Q4 2021 Morguard North American Residential Real Estate Investment Trust Earnings Call Transcript

Feb 17, 2022 / 08:00PM GMT
Release Date Price: $14.99
Operator

Good afternoon, ladies and gentlemen, and welcome to the Morguard North American Residential REIT Fourth Quarter 2021 Results Conference Call. (Operator Instructions) And as a reminder, this call is being recorded today, Thursday, February 17, 2022. I would now like to turn the conference over to Mr. Rai Sahi. Please go ahead, sir.

Kuldip Rai Sahi
Morguard North American Residential Real Estate Investment Trust - Chairman & CEO

And I'm going to pass it on to Chris. Chris, do you want to do the introduction?

Christopher A. Newman
Morguard North American Residential Real Estate Investment Trust - CFO

Thank you, Rai. And with me and on the phone as well are Paul Miatello, Beverly Flynn, Angela Sahi and John Talano. So as is customary, I'll provide comments on the REIT's financial position and performance in terms of our financial position. The REIT completed the fourth quarter of 2021 with assets amounting to $3.5 billion, higher compared to $3.1 billion last year. As this was a result of the fair value increase

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