Morgan Properties is a privately held multifamily real estate investment and management firm founded in 1985 by Mitchell Morgan. The company focuses on acquiring and repositioning Class B apartment communities in infill markets with high barriers to entry across the Mid-Atlantic, Northeast, Sun Belt, and Midwest regions. Morgan Properties owns and manages over 110,000 multifamily units across more than 400 communities in 22 states, making it the third-largest multifamily owner in the United States and the largest in Pennsylvania, Maryland, and New York. The firm pursues value-add opportunities by targeting underperforming or inefficiently operated assets below replacement cost, implementing interior unit renovations and operational improvements. The company is led by second-generation co-CEOs Jonathan and Jason Morgan, who have guided the firm's expansion strategy through joint ventures with institutional investors. Beyond direct property ownership, Morgan Properties has established a diversified investment platform that includes commercial mortgage-backed securities, preferred equity, and whole loans, with investments backed by over $40 billion in multifamily loans. The company has acquired over 80,000 units since 2011, representing more than $10 billion in total acquisition volume. Morgan Properties operates with over 2,500 employees and maintains corporate offices in Conshohocken, Pennsylvania.
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