/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ WINNIPEG, MB, May 15, 2023 /CNW/ - Marwest Apartment Real Estate Investment Trust ("Marwest Apartment REIT" or the "REIT") (TSXV:MAR) announced that its Trustees have declared a monthly cash distribution of $0.00125 per trust unit ("Trust Unit") of the REIT for the month of May 2023, representing a cash distribution per Trust Unit of $0.015 on an annualized basis. The cash distributions will be made on June 15, 2023 to Unitholders on record as of May 31, 2023.