After this last post about Morguard Corp looking closer than ever to acquiring Morguard REIT, it seems a good time to republish this post about Rai Sahi, the founder and CEO of Morguard. Sahi has been written about before, but as far as I can tell this post of mine was the most comprehensive thing written about him aand his history. At the very least, it does a good job of compiling a lot of sources across the internet. Morguard gets little attention these days despite having almost $20 billion in assets under management, making it one of the largest owners of real estate in this country. That’s a shame, because what Rai Sahi has done to grow Morguard to this point is very impressive. As with mpost of these reposts, the numbers are a bit outdated, and Morguard’s performance numbers since late 2019 hurt some of the performance charts I highlight in the post, but I don’t think that rough three years negates the long track record Sahi has, nor do I think the lessons one can learn from him are no longer valid.
An excellent summary/ storey. I’ve been on this ride with him for awhile now!!
Thanks Jim