Morguard North American Residential REIT Acquires Ottawa Apartment Building for $67 Million

MISSISSAUGA, ON, Feb. 3, 2016 /CNW/ – Morguard North American Residential REIT (“the REIT”) (TSX: MRG.UN) today announced that it has purchased 160 Chapel Street, a rental apartment building in Ottawa, ON, for $67 million, exclusive of closing costs. The 21-storey, 370 suite property is…