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Morguard North American Real Estate Investment Trust (MNARF) CEO Rai Sahi on Q1 2020 Results - Earnings Call Transcript

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Morguard North American Real Estate Investment Trust (OTC:MNARF) Q1 2020 Earnings Conference Call May 1, 2020 3:00 PM ET

Company Participants

Paul Miatello - Senior Vice President

Rai Sahi - Chairman & Chief Executive Officer

Chris Newman - Chief Financial Officer

Angela Sahi - Vice President, In-Charge of Canadian Operations

John Talano - Vice President In-Charge of U.S. Operations

Conference Call Participants

Yash Sankpal - Laurentian Bank

Lorne Kalmar - TD Securities


Good afternoon ladies and gentlemen and welcome to the Morguard North American Residential Real Estate Investment Trust Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Friday, May 1st, 2020.

I would now like to turn the conference over to Paul Miatello. Please go ahead.

Paul Miatello

Thank you very much and welcome everybody and thank you for joining our Q1 results conference call. With me -- again I'm Paul Miatello, Senior Vice President of the REIT. With us on the call today we have Rai Sahi, Chairman and CEO of the REIT; Chris Newman, Chief Financial Officer; Angela Sahi Vice President In-Charge of Canadian Operations; and John Talano Vice President In-Charge of U.S. operations.

Let -- on behalf of all the management team, we hope everybody is safe and well both you your families and your colleagues and continue to be so.

So, with that brief introduction I'll now turn it over to Chris Newman, our Chief Financial Officer for a brief overview on the first quarter results. Chris?

Chris Newman

Thank you, Paul. As is customary I'll provide comments on the REIT's financial position and performance. In addition I'll provide a brief operational and liquidity update as we continue to focus on our essential service of providing safe

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