November 18, 2025

Dream Residential REIT acquired by Morgan Properties for C$491 million

Goodmans LLP acted for the Special Committee of Dream Residential REIT in connection with its acquisition by Morgan Properties in an all-cash transaction for approximately C$491 million.

The transaction is part of a strategic review by the Dream Residential board, and supports the underlying value of the Dream’s real estate while providing its unitholders with liquidity and value certainty.

Dream Residential REIT is a Canadian real estate investment trust with a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States.

Morgan Properties is the largest private multifamily owner and one of the top apartment owners in the United States.

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Dream Residential REIT acquired by Morgan Properties for C$491 million

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Dream Residential REIT acquired by Morgan Properties for C$491 million

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