Mergers and Acquisitions

Dream Residential REIT in its US$354-million acquisition by Morgan Properties Dream Residential REIT in its US$354-million acquisition by Morgan Properties

Dream Residential REIT
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Emery White

Associate, Corporate, Toronto

Bradley Lastman

Associate, Corporate, Toronto

Hannah Woods

Associate, Corporate, Toronto

Jack Silverson

Partner, Tax, Toronto

Taylor Cao

Partner, Tax, Toronto

Irene Kang

Associate, Tax, Toronto

Rod Davidge

Partner, Real Estate, Toronto

On August 21, 2025, Dream Residential REIT announced that it has entered into an arrangement agreement to be acquired by Morgan Properties in an all-cash transaction valued at approximately US$354 million. This transaction marks the conclusion of the REIT’s previously announced strategic review process.

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

Osler, Hoskin & Harcourt LLP advised Dream Residential REIT with a team consisting of Alex Gorka and including Emery White, Bradley Lastman and Hannah Woods (M&A), Jack Silverson, Taylor Cao and Irene Kang (Tax) and Rod Davidge (Real Estate).

Value
US$354 million
Date Announced
August 21, 2025
Lead Office
Toronto
Key Contact
Alex Gorka

Partner, Corporate, Toronto

Team
Emery White

Associate, Corporate, Toronto

Bradley Lastman

Associate, Corporate, Toronto

Hannah Woods

Associate, Corporate, Toronto

Jack Silverson

Partner, Tax, Toronto

Taylor Cao

Partner, Tax, Toronto

Irene Kang

Associate, Tax, Toronto

Rod Davidge

Partner, Real Estate, Toronto