Full-Time
Purchasing Coordinator
Mixed Use
Posted on 10/4/2025
Morguard
1,001-5,000 employees
Fully integrated real estate management company
No salary listed
North Bethesda, MD, USA
In Person
 Operations & Logistics (1) |
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- College Diploma in Accounting or Business Administration or equivalent
- Minimum of 2 years of relevant accounting experience in an automated environment
- Intermediate to advanced working knowledge of MS Office applications
- Strong analytical, organizational, and problem-solving skills with high attention to detail
- Ability to communicate effectively with diverse stakeholders, including internal departments, ownership groups, and external vendors
- Invoice and Payables Processing: Prepares, verifies, and routes purchases (e.g., invoices, purchase orders, service contracts) to the centralized accounts payable function, ensuring proper entity allocation, ownership responsibility, and timely authorization to avoid late fees and maintain positive vendor relationships.
- Entity Allocation and Compliance Oversight: Reviews invoices and service documentation to confirm alignment with ownership structures (Residential, Retail, and Master Association) and procurement policies. Resolves allocation discrepancies by working with operations, accounting, and ownership representative to adjust.
- Exception Management and Policy Enforcement: Identifies and clears exceptions by validating that purchasing and procurement policies are followed, including confirming required approvals, competitive bids, and documentation standards before payment is released.
- Accruals and Reporting: Supports preparation of monthly accruals (utilities, contracts, and purchase orders for all entities), ensuring liabilities are accurately captured and reported. Coordinates with General Manager and operations team(s) to meet monthly, quarterly, and year-end reporting deadlines. Reviews Financial Performance of all entities in an ongoing manner to address any missed allocations or potential concerns between the entities to ensure accurate reporting.
- Vendor and Departmental Collaboration: Develops and maintains effective relationships with internal stakeholders (Residential, Retail, HOA operations, and accounting) and external vendors to support timely payment, proper allocations, and adherence to service standards.
- Audits and Reconciliations: Assists in periodic reviews of property taxes, utilities, and other significant payables to ensure accurate allocations and on-time payments, minimizing financial risk and compliance issues.
- Project and Capital Requests: Monitors project approval requests and expenditure documentation to ensure correct setup and alignment between ownership group and allocations, and compliance with internal controls for capital and operating expenditures.
- Other: Performs other job-related duties and/or special projects as assigned.
- Previous experience in real estate industry is an asset
- Previous experience with Concur, Yardi, AvidX or Accounting 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
Simplify's Take
What believers are saying
- Secured $163.9M CMHC-insured refinancing at 11.2-year terms in Q1 2026.
- Multi-suite residential generates 50% NOI amid competitive housing markets.
- G2S2 Capital increased stake, signaling undervalued asset confidence in 2026.
What critics are saying
- MRG.UN units dropped 40% since 2012 IPO, eroding shareholder value.
- Retail assets like St. Laurent face e-commerce-driven foot traffic decline.
- Office properties suffer remote work vacancies, triggering 20-30% writedowns.
What makes Morguard unique
- Morguard transformed from 1905 blacksmith to $18.7B real estate portfolio by 2026.
- Launched Smart Building Living Labs with CENGN and Nokia in 2025 across three properties.
- Controls Morguard REIT and North American Residential REIT with 156 diversified properties.
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Benefits
Flexible Work Hours
Paid Vacation
Company News
Morguard REIT refinances $163.9M worth of Apartment mortgages. News | February 12, 2026 | Monte Stewart Canada + Apartment Buildings Morguard North American Residential REIT has secured $163.9 million in Canada Mortgage and Housing Corporation-insured refinancing agreements since year-end 2025. The loans have a weighted average term of 11.2 years, said Morguard. The maturing mortgages total $77.3 million and carry a weighted average interest rate of 2.88%. The refinancings are expected to close during the first and second quarters of 2026. The proposed deals come after Morguard refinanced $245.6 million in mortgages in 2025. The Mississauga-based REIT said the 2025 refinancings carried a weighted average interest rate of 4.92% and a weighted average term of 5.3 years. The maturing mortgages totalled $186.7 million at a weighted average interest rate of 3.29%, generating net proceeds of $58.9 million before financing costs. In 2025, the REIT reported net income of $12.1 million, or 12.2%, from 2024. The gain was driven predominantly by a higher net fair-value gain. During 2025, the REIT maintained liquidity of $226.5 million as of year-end, including approximately $114.5 million in cash and $112 million available under its revolving credit facility. The REIT owns 43 multi-suite residential properties comprising 13,089 suites across Canada and the U.S. Its units trade on the Toronto Stock Exchange under the symbol MRG.UN. Photo: Morguard
Morguard, which owns the east-end mall, said Monday it is partnering with CENGN and telecom giant Nokia to install advanced 5G networking systems at the [...]
Morguard, CENGN and Nokia launch Smart Building Living Labs to support Canadian technology innovation. Morguard Corporation ("Morguard"), in partnership with CENGN, Canada's Centre of Excellence in Next Generation Networks, and Nokia, announced the launch of three Smart Building Living Labs in Montreal, Toronto and Ottawa. The $6.5 million project gives Canadian startups and scaleups a unique opportunity to advance technologies that make buildings safer, more efficient and more connected. The Living Labs transform three Morguard properties into real-world innovation environments: Place Innovation, an office property in Montreal; The Bay Club, a multi-suite residential property in Toronto; and St. Laurent Shopping Centre, a retail property in Ottawa. With Nokia's 5G and advanced connectivity at the core, innovators will be able to validate solutions such as AI systems that predict equipment failures, robotics that automate maintenance, and sensors that reduce energy use in real time. All projects will be designed to integrate seamlessly into daily operations. "With CENGN, Morguard is proud to bring advanced smart buildings into Canada's innovation ecosystem. These labs reflect our commitment to advancing smart, sustainable properties while accelerating technologies that improve the everyday lives of the people who live, work and shop in our communities. At the same time, they highlight our dedication to creating long-term value for our stakeholders by building resilience, driving sustainability, and leading change in the real estate industry." Angela Sahi, President and COO, Morguard. The Smart Building Living Labs are part of CENGN's Living Lab Initiative, supported by a $45 million federal investment through the Strategic Response Fund. This national initiative will empower more than 100 Canadian startups and scaleups to prepare their technology solutions for market-readiness and scaled growth. "Nokia is proud to be one of the main 5G and fiber technology partners for CENGN Living Labs. Continuing our long-standing relationship with CENGN, we are committed to encouraging technology innovation and digital transformation across Canada by providing advanced networking resources and our leadership to pave the way for Industry 4.0." Jeff Maddox, President, Nokia Canada. CENGN's Living Lab Initiative combines technical expertise with infrastructure from partners like Morguard to fast-track the validation and adoption of digital solutions. "By leveraging our comprehensive program services and funding alongside our partner's real-world smart building environments, we enable Canadian innovators to bring their cutting edge technologies to market faster and with greater confidence. This initiative strengthens Canada's position as a global leader in building automation, IoT, advanced communications, and applied AI technology. These technologies are key to transforming building infrastructure maintenance and operations, and supporting the country's economic resilience and long-term growth." Chris Joyce, Vice President, Business Development and Marketing of CENGN. Startups and scaleups interested in participating can apply at https://www.cengn.ca/living-lab-initiative/smart-building-living-labs About CENGN. CENGN, Canada's Centre of Excellence in Next Generation Networks, drives innovation and adoption of applied AI, IoT and advanced networking technologies through its Living Lab Initiative, technical expertise and partner ecosystem. CENGN provides access to end-to-end testing services, real end-user environments and the support needed to accelerate validation, demonstration, commercialization and adoption of digital innovation solutions across Canada and globally. For more information on the CENGN Living Labs, visit www.cengn.ca. About Morguard Corporation. Morguard Corporation is a major North American real estate and property management company with extensive retail, office, industrial, hotel and residential holdings owned directly and through its investments 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. This year, Morguard proudly celebrates 50 years of leadership, innovation and growth in the real estate industry.
Morguard, CENGN and Nokia launch Smart Building Living Labs to support Canadian technology innovation. MISSISSAUGA, ON, Oct. 6, 2025 /CNW/ - Morguard Corporation ("Morguard"), in partnership with CENGN, Canada's Centre of Excellence in Next Generation Networks, and Nokia, announced the launch of three Smart Building Living Labs in Montreal, Toronto and Ottawa. The $6.5 million project gives Canadian startups and scaleups a unique opportunity to advance technologies that make buildings safer, more efficient and more connected. The Living Labs transform three Morguard properties into real-world innovation environments: Place Innovation, an office property in Montreal; The Bay Club, a multi-suite residential property in Toronto; and St. Laurent Shopping Centre, a retail property in Ottawa. With Nokia's 5G and advanced connectivity at the core, innovators will be able to validate solutions such as AI systems that predict equipment failures, robotics that automate maintenance, and sensors that reduce energy use in real time. All projects will be designed to integrate seamlessly into daily operations. "With CENGN, Morguard is proud to bring advanced smart buildings into Canada's innovation ecosystem. These labs reflect our commitment to advancing smart, sustainable properties while accelerating technologies that improve the everyday lives of the people who live, work and shop in our communities. At the same time, they highlight our dedication to creating long-term value for our stakeholders by building resilience, driving sustainability, and leading change in the real estate industry." Angela Sahi, President and COO, Morguard. The Smart Building Living Labs are part of CENGN's Living Lab Initiative, supported by a $45 million federal investment through the Strategic Response Fund. This national initiative will empower more than 100 Canadian startups and scaleups to prepare their technology solutions for market-readiness and scaled growth. "Nokia is proud to be one of the main 5G and fiber technology partners for CENGN Living Labs. Continuing our long-standing relationship with CENGN, we are committed to encouraging technology innovation and digital transformation across Canada by providing advanced networking resources and our leadership to pave the way for Industry 4.0." Jeff Maddox, President, Nokia Canada. CENGN's Living Lab Initiative combines technical expertise with infrastructure from partners like Morguard to fast-track the validation and adoption of digital solutions. "By leveraging our comprehensive program services and funding alongside our partner's real-world smart building environments, we enable Canadian innovators to bring their cutting edge technologies to market faster and with greater confidence. This initiative strengthens Canada's position as a global leader in building automation, IoT, advanced communications, and applied AI technology. These technologies are key to transforming building infrastructure maintenance and operations, and supporting the country's economic resilience and long-term growth." Chris Joyce, Vice President, Business Development and Marketing of CENGN. Startups and scaleups interested in participating can apply at https://www.cengn.ca/living-lab-initiative/smart-building-living-labs About CENGN CENGN, Canada's Centre of Excellence in Next Generation Networks, drives innovation and adoption of applied AI, IoT and advanced networking technologies through its Living Lab Initiative, technical expertise and partner ecosystem. CENGN provides access to end-to-end testing services, real end-user environments and the support needed to accelerate validation, demonstration, commercialization and adoption of digital innovation solutions across Canada and globally. For more information on the CENGN Living Labs, visit www.cengn.ca. About Morguard Corporation Morguard Corporation is a major North American real estate and property management company with extensive retail, office, industrial, hotel and residential holdings owned directly and through its investments 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. This year, Morguard proudly celebrates 50 years of leadership, innovation and growth in the real estate industry.
Morguard Corporation is honoured to be recognized with 8 awards at the 2025 ICSC Global Awards.