Full-Time
Retail Property Accountant
Morguard
1,001-5,000 employees
Fully integrated real estate management company
Compensation Overview
$75k - $78k/yr
Pompano Beach, FL, USA
In Person
Bachelor's
 Accounting (1) |
|---|
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- College Diploma in Accounting or Business Administration or equivalent
- Minimum of 2 years of relevant accounting experience
- Enrollment in an accounting designation course
- Intermediate to advanced working knowledge of MS Office applications
- Core Competencies include: Good communication skills (both written and verbal); Good analytical skills; Good organizational skills; Independent worker with the ability to self manage time; Willing to work under pressure to meet deliverable deadlines; Ability to be open minded and take on new responsibilities when deemed appropriate; Independent thinker and strong initiative; Attention to detail; Excellent work ethic; Positive attitude towards job duties, position and co-workers
- General Accounting: Responsible for maintenance/oversight of the day-to-day general ledger transactions, including drafting and input of journal entries, liaising with other departments, accountants, managers, controllers in order to maintain an accurate and transparent accounting process.
- General Accounting: Responsible to maintain fixed asset ledgers, to include entry into FAS software, which then in turn calculates depreciation.
- General Accounting: Preparation of annual billings and CAM reconciliations as deemed necessary by tenant’s lease agreement.
- Financial Reporting: Prepares and reviews a variety of financial reports/statements including but not limited to the monthly/quarterly financial statements and related reporting packages, exception reports, annual budget and forecast, to ensure completeness and accuracy of head office transactions as well as the completeness, accuracy & integrity of statements/reports.
- Reconciliations and Compliance Processes: Prepares and when assigned, reviews monthly/quarterly accounting, compliance and vendor/tenant reconciliations and in addition to identifying any discrepancies works with the appropriate individuals to resolve to ensure completeness, accuracies, and integrity of statements.
- Reconciliations and Compliance Processes: Participates in the filing of regulatory documents.
- Support to Quarterly/Annual Audit Process: Assists with the audit processes through the preparation and compilation of the working papers and financial statements in addition to helping resolve external audit queries.
- Support to Annual Forecast and Budget Process: Assists Property Managers and Accounting Managers during the annual forecast and budgeting process.
- Other Corporate Accounting Duties: Assists or completes ad hoc projects assigned by Manager or Comptroller (ex. assisting with the research, development and implementation of emerging technical accounting requirements or processes) to ensure that the corporate finance group is complying with current standards and is prepared for any changes to such standards in the future.
- General understanding of US GAAP and IFRS is an asset
- Career plan to obtain an Accounting Designation is an asset
- Yardi software
Morguard is a fully integrated real estate company that owns, develops, and manages a wide portfolio of properties across North America, including residential, commercial, office, and industrial assets. Its operations cover the full lifecycle of real estate investments, combining ownership, asset management, and property management within a single platform, and it has historically used strategic restructurings and spin-offs (such as the Morguard North American Residential REIT) to focus on specific sectors. What sets Morguard apart is its long, continuous evolution into an integrated real estate platform with a diversified, multi-sector portfolio and a track record of adapting to market changes. The company's goal is to grow and optimize its extensive asset base while expanding its footprint across North America, delivering value through managed and owned properties.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Mississauga, Canada
Founded
1905
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Simplify's Take
What believers are saying
- June 2026 debentures priced at 4.307%, replacing 9.5% Series H debt.
- Q2 2026 occupancy improved to 85.2%, with retail and office both rising.
- CMHC refinancing covered 163.9 million dollars of apartment mortgages at longer terms.
What critics are saying
- Office occupancy fell to 80.1% in March 2026, versus 86.9% a year earlier.
- DBRS still rates the issuer BB high, leaving Morguard outside investment grade.
- If refinancing markets shut, Morguard faces distressed asset sales and covenant stress by 2029.
What makes Morguard unique
- Morguard controls 18.7 billion dollars of owned and managed assets across North America.
- Angela Sahi's team spans residential, retail, office, industrial, hotel, and third-party management.
- Its 2025 Nokia-CENGN living labs turn properties into commercialization testbeds.
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Growth & Insights and Company News
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↑ 0%Morguard announces completion of $250 million offering of 4.307% series J senior unsecured debentures. Jun 18, 2026, 08:10 ET /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, June 18, 2026 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) is pleased to announce the successful completion of its previously announced issuance of $250 million aggregate principal amount of series J senior unsecured debentures. These debentures bear interest at a rate of 4.307% per annum and will mature on June 18, 2029. The debentures were offered on an agency basis by a syndicate of agents with RBC Capital Markets and TD Securities acting as joint bookrunners and co-lead agents. Morningstar DBRS has provided a rating of "BBB (low)" with a "Stable" trend relating to the debentures. The net proceeds of the offering will be used towards the early redemption on June 22, 2026 of all of Morguard's outstanding 9.5% Series H senior unsecured debentures due September 26, 2026, and for general corporate purposes. Angela Sahi, President and Chief Executive Officer, commented: "This offering marks an important milestone for Morguard as our first unsecured debenture issuance since regaining an investment grade rating. The strong support we received from institutional investors reflects confidence in the quality of our real estate platform, our disciplined approach to capital allocation and our long-term strategy. We are grateful for the trust placed in Morguard and remain focused on creating long-term value for our shareholders, partners and investors." Paul Miatello, Chief Financial Officer and Senior Vice President, added: "The offering was exceptionally well received, generating more than $1.3 billion of investor demand and resulting in the largest order book in Morguard's history. This strong market reception enabled us to secure financing at an attractive 4.307% coupon rate, significantly reducing our cost of debt relative to the debentures being redeemed. The transaction further enhances our financial flexibility and demonstrates the tangible benefits of the improvements we have made to our balance sheet and credit profile." The offering was made on a private placement basis in each of the provinces of Canada, and the debentures were issued pursuant to Morguard's trust indenture dated December 10, 2013, as supplemented. The debentures rank pari passu with Morguard's outstanding senior unsecured debentures. The debentures offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Morguard Corporation Morguard Corporation is a major North American real estate and property management company. It has extensive retail, office, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Morguard also provides real estate management services to institutional and other investors. Morguard's owned and managed portfolio of assets is valued at $18.7 billion. For more information, visit Morguard's website at www.morguard.com. Forward-looking information Certain information in this press release may constitute forward-looking statements, including statements regarding the outlook for Morguard's business and results of operations, that are not based on historical or current fact, including, without limitation, statements containing the words "anticipates," "believes," "may," "continue," "estimate, "should", "expects" and "will" and words of similar expression. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, both nationally and regionally; changes in business strategy or development/acquisition plans; environmental exposures; financing risk; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; liability and other claims asserted against Morguard; and other factors. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Morguard does not assume the obligation to update or revise any forward-looking statements. SOURCE Morguard Corporation For further information, please contact: Morguard Corporation, Angela Sahi, President and Chief Executive Officer, T 905-281-3800; Paul Miatello, Chief Financial Officer and Senior Vice President, T 905-281-3800; Beverley G. Flynn, Senior Vice President and General Counsel, T 905-281-3800
Morguard receives the 2026 Community Matters Award. June 16, 2026 The Abbotsford Board of Education is proud to recognize Morguard as the recipient of the 2026 Community Matters Award for its ongoing commitment to supporting students and families across the Abbotsford School District through its management of Sevenoaks Shopping Centre. The Community Matters Award is presented annually to an individual or organization that has demonstrated an exceptional and deliberate commitment to supporting the success and well-being of Abbotsford School District students. Nominations for the Community Matters Award were accepted from January 2026 through April 2026. A total of fifteen nominations were received for the 2026 Community Matters Award. The Award Selection Committee reviewed all submissions. Following a thoughtful review, the Selection Committee recommended selecting the Morguard - Sevenoaks Shopping Centre as the 2026 award recipient. Since 2020, Morguard has made a significant and deliberate contribution to Abbotsford School District students by donating over $15,000 to support school meal programs. This generous support has had a lasting impact on the well-being and academic success of its students. By ensuring access to nutritious meals, Morguard has played a vital role in supporting students' physical health and cognitive development - helping to create a more equitable learning environment where all students have the opportunity to thrive. With the introduction of the Feeding Futures program to fund school meals, Morguard has continued their generous support by shifting their contributions to the District's literacy initiatives, providing books for students across the community. Morguard remains a valued and steadfast partner, consistently demonstrating their commitment to the children and families of Abbotsford. As the management company behind Sevenoaks Shopping Centre, Morguard has consistently demonstrated a commitment to investing in the well-being and success of Abbotsford's children. Its sustained support over the past six years reflects the spirit of the Community Matters Award and highlights the positive impact community partnerships can have on student achievement and well-being. The Abbotsford School District extends its sincere appreciation to Morguard and the Sevenoaks Shopping Centre team for their continued generosity and dedication to supporting students in its community. Congratulations to Morguard on receiving the 2026 Community Matters Award.
Morguard announces $250 million offering of 4.307% series J senior unsecured Debentures and early redemption of Series H senior unsecured debentures. Jun 11, 2026, 18:20 ET /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ MISSISSAUGA, ON, June 11, 2026 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) announced today that it has agreed to issue $250 million aggregate principal amount of series J senior unsecured debentures. These debentures will bear interest at a rate of 4.307% per annum and will mature on June 18, 2029. The anticipated closing date of the transaction is June 18, 2026. The debentures are being offered on an agency basis by a syndicate of agents with RBC Capital Markets and TD Securities acting as joint bookrunners and co-lead agents. Morningstar DBRS has assigned a provisional rating of "BBB (low)" with a "Stable" trend relating to the debentures. Morguard also announced that it will redeem all of its outstanding 9.5% Series H senior unsecured debentures due September 26, 2026 (the "2023 Debentures") on June 22, 2026 (the "Redemption Date"). The net proceeds of the offering will be used towards the early redemption of the 2023 Debentures and for general corporate purposes. The redemption price has been determined in accordance with the provisions of the trust indenture dated December 10, 2013 (the "Trust Indenture") and the supplemental indenture related to the 2023 Debentures. The redemption price will be paid in cash and is approximately $1,014.753 per $1,000 principal amount of 2023 Debentures, together with accrued and unpaid interest on the 2023 Debentures up to, but excluding, the Redemption Date. Notice of redemption has been delivered today, June 11, 2026, to CDS & Co. ("CDS") and the trustee, Computershare Trust Company of Canada. Non-registered holders (banks, brokerage firms or other financial institutions) who maintain their interests in the 2023 Debentures through CDS should contact their CDS customer service representative with any questions about the redemption. Alternatively, beneficial holders with any questions about the redemption should contact their respective brokerage firm or financial institution, which holds interests in the 2023 Debentures through CDS on their behalf. The offering is being made on a private placement basis in each of the provinces of Canada, and the debentures will be issued pursuant to the Trust Indenture, as supplemented. The debentures will rank pari passu with Morguard's outstanding senior unsecured debentures. The debentures offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Morguard Corporation Morguard Corporation is a major North American real estate and property management company. It has extensive retail, office, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Morguard also provides real estate management services to institutional and other investors. Morguard's owned and managed portfolio of assets is valued at $18.7 billion. For more information, visit Morguard's website at www.morguard.com. Forward-looking information Certain information in this press release may constitute forward-looking statements, including statements regarding the outlook for Morguard's business and results of operations, that are not based on historical or current fact, including, without limitation, statements containing the words "anticipates," "believes," "may," "continue," "estimate, "should", "expects" and "will" and words of similar expression." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, both nationally and regionally; changes in business strategy or development/acquisition plans; environmental exposures; financing risk; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; liability and other claims asserted against Morguard; and other factors. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Morguard does not assume the obligation to update or revise any forward-looking statements. SOURCE Morguard Corporation For further information, please contact: Morguard Corporation, Angela Sahi, President and Chief Executive Officer, T 905-281-3800; Paul Miatello, Chief Financial Officer and Senior Vice President, T 905-281-3800; Beverley G. Flynn, Senior Vice President and General Counsel, T 905-281-3800
Free Public Wi-Fi now available at The Square in Rockville. Published May 24, 2026 at 7:59PM The City of Rockville has shared that visitors to The Square in Rockville (formerly Rockville Town Square) can now access free public Wi-Fi, following a new partnership between the City of Rockville and Morguard, the property management company for the mixed-use development. Video Muted The network is available to anyone with a Wi-Fi-enabled device, allowing visitors to browse the internet, check email, stream content, and share on social media while spending time in Rockville Town Center. To connect, users can open their device's Wi-Fi settings and select "The Square Rockville - Public Wi-Fi." A browser page will then prompt users to connect through Verizon, where they must accept the terms and conditions before clicking "Connect." The Square, located within the boundaries of Hungerford Drive, East Middle Lane, North Washington Street, and Beall Avenue, serves as a central hub in Rockville Town Center, featuring a mix of restaurants, retail shops, and public gathering spaces.
Lamb to join storagevault board; Morguard, Gulf and Pacific, JLL hire execs. StorageVault Canada (SVI-T) has nominated Milton Lamb to its board of directors, a move expected to be approved at its upcoming AGM in May. Lamb is the president, CEO and a trustee of Automotive Properties REIT (APR-UN-T) and has over 30 years of experience in the Canadian commercial real estate industry. That experience includes time with some of its largest global real estate service companies including CBRE, Jones Lang Wootton (JLL) and, most recently, Colliers International. At Colliers, Lamb was chair of national investment services and represented Canada on Colliers Global Investment Services and Colliers Investment Services Group (U.S.A.). Lamb is an institute-certified director with the Institute of Corporate Directors. In addition, Benjamin Harris has indicated he will not stand for re-election after serving on the board since 2020. Dhaliwal takes development role at Morguard. Morguard has named Nicholas Dhaliwal as its new director of development, Western Canada, adding an executive who has spent his entire career working in the region. Dhaliwal moved to Morguard from Vancouver's Beedie, where he had spent over six years, most recently as its director, residential developments. Previously, Dhaliwal had spent over three years at Streetside Developments, after stints at WBI Home Warranty and the Association of Neighbourhood Houses of B.C. earlier in his career. Dhaliwal is a graduate of UBC Sauder School of Business in urban land economics, land use planning and management/development, as well as Langara College's post-degree applied planning program and the University of British Columbia, where he earned a BA in human geology. Steinertas to succeed Wong at Gulf and Pacific. Toronto-based Gulf and Pacific Equities has appointed Daniel Steinertas as chief financial officer, effective May 1 and subject to regulatory approvals. Steinertas has over 14 years of financial and real estate experience, including roles in investment analysis, mortgage financing and real estate operations. He is to succeed Greg K.W. Wong, who will retire as chief financial officer, effective April 30, after more than 21 years of service to the company. Wong will continue to serve as a director and corporate secretary to Gulf and Pacific. "I would like to sincerely thank Mr. Greg Wong for his 21 years of service for Gulf & Pacific Equities Corp. and its shareholders. It was always a pleasure working with Greg, and he is the ultimate professional. We wish Greg well in his retirement, and look forward to working with Daniel going forward," said Anthony Cohen, president and CEO, in the announcement. Seliskar new life sciences head at JLL. JLL has hired Mark Seliskar to lead its life sciences operations across the Canadian region. In this role, he will bring his expertise in pharmaceutical and life sciences facilities management to support clients navigating complex regulatory requirements and operational challenges in highly controlled environments. A licensed professional engineer, Seliskar will be charged with building and leading multidisciplinary teams to deliver integrated facilities management solutions for pharmaceutical and life sciences clients. He has led engineering and maintenance departments, completed BLA submissions and FDA pre-licensing site inspections and managed operations for bio-containment facilities. Seliskar is based in Montréal. Prior to joining JLL, he was general manager at Sodexo Québec, where he was the subject matter expert for pharma/life sciences operations. Previously, he was senior manager of maintenance and engineering at Jubilant HollisterSteir and engineer manager/director of engineering at Telesta Therapeutics. Seliskar succeeds Jean Francois Chapdelaine, who is retiring after being with JLL since 2009. Grossmann to lead B+H business segment. Janine Grossmann is the new senior director, business development, architecture and design at B+H Architects. Based in Toronto, she will lead the interior design business development across the firm's Toronto and Vancouver studios. Her mandate includes advancing the interior design practice, expanding CHIL interior design's hospitality portfolio, and strengthening integrated A+D delivery across the firm. Grossmann brings more than 30 years of experience shaping the strategy and design of commercial, institutional and hospitality projects ranging from 5,000 to over four million square feet. Throughout her career, she has held senior leadership roles that bridge design with business and organizational strategy - encompassing workplace strategy, change management, business development, corporate governance and organizational communications. Grossmann is the recipient of a Royal Architectural Institute of Canada (RAIC) Urban Design Award and multiple Association of Registered Interior Designers of Ontario (ARIDO) awards. A fellow and past-president of ARIDO, she remains actively engaged in advancing the profession through leadership, advocacy and mentorship. Zottola promoted to MD of Canada ICI in Montréal. Canada ICI has promoted Stefano Zottola to managing director of the firm's Montréal office. Zottola has been with Canada ICI for almost five years, moving up from his initial position as director of mortgage initiation to senior director of mortgage initiation and now, to the MD's chair. Prior to joining Canada ICI, Zottola spent over eight years at MFCI Capital as a mortgage analyst and licensed mortgage broker, after starting his career at Terramont. Zottola is a graduate of the UBC Sauder School of Business with a post-grad certificate in real property valuation, and holds a bachelor's of business administration from Concordia University. Bhaura takes chair's role at CREA. Garry Bhaura was installed as chair of the Canadian Real Estate Association (CREA) during its 2026 annual general meeting. Bhaura is a Realtor and broker-owner from Brampton, Ont., with more than 25 years of experience in real estate. He served as president of the Toronto Regional Real Estate Board (TRREB) from 2018-2019 and has contributed through various TRREB and CREA committees. His impact has been recognized with numerous accolades, including the community service award from the Real Estate Institute of Canada. He's joined by fellow officers Darin Germyn, chair-elect; Luc Woolsey, vice-chair; and Valérie Paquin, immediate past chair. CREA's 2026-2027 board of directors is rounded out with the following members: regional directors Anthony Bastiaanssen, British Columbia/Yukon; Jennifer Lucas, Alberta/Northwest Territories; Kourosh Doustshenas, Manitoba; Avril Reifferscheid, Saskatchewan; Winson Chan, Ontario; Daniel Dagenais, Quebec; Chris Peters, Atlantic; Linnea Vandenberghe, Atlantic; and directors at large Raymond Chan, David Oikle, David Brown and Paul Czan. Website: http://renx.ca Don is a veteran editor and journalist with four decades of experience in print and online news, including 20 years at the Ottawa Sun. Prior to joining RENX, Don was the Sun's Senior Online Editor. Don has also been a part-time professor at Algonquin College, teaching digital writing and social media in the Mobile and Social Media Management program. Industry events. * BOMA 2026 CRE Symposium May 07 2026 Dieppe, NB * Western Canada Apartment Investment Conference May 12 2026 Edmonton Convention Centre * Edmonton Real Estate Forum May 13 2026 Edmonton Convention Centre * Land & Development May 27 2026 Metro Toronto Convention Centre - North Building * Southwestern Ontario Real Estate Forum Jun 03 2026 RBC Place London