$MAR-UN.V

Marwest Apartment REIT Announcing 2.1% Lift In Monthly Cash Distribution Policy

Marwest Apartment REIT Swings to Q1 Net Income YoY

Marwest Apartment Real Estate Investment Trust (MAR-UN.V) swung to net income year over year in the first quarter, the company said overnight Thursday.Marwest booked a net income of $41,416 for the three months ended March 31, reversing a net loss of $752,265 a year ago.Revenue from investment properties rose to $2.7 million from $2.6 million while funds from operations rose to $0.0267 per unit from $0.0254 per unit."Q1 has shown stable occupancy with rental increases of 1.9% over the same period last year," Chief Executive Officer William Martens said. "We anticipate continued modest increases throughout the remainder of 2026, due to reduced immigration and non-renewal of existing non-resident visas."

Earnings Flash (MAR-UN.V) Marwest Apartment REIT Reported Q1 Rev From Invest Properties $2.69M Vs $2.635M