KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Morgan Properties, one of the nation’s largest and fastest growing real estate investment and management companies, announced today a total of 134 award wins in 2018 for its excellence in multifamily, real estate operations, executive leadership, and workplace culture. The company was recognized by regional (Pennsylvania, Maryland, and Delaware) and national award programs for its superior achievements.
Regionally, Morgan Properties’ apartment communities, property teams, and individual employees received 121 real estate awards for providing best-in-class leasing, maintenance, management, and community appeal from the following associations:
- 49 Best of Apartment Living awards from The Pennsylvania Apartment Association East and Central
- 43 Garden State awards from the New Jersey Apartment Association
- 13 Star awards from the Maryland Multi-Housing Apartment Association
- 11 Property Management Association Apartment Community Excellence (PACE) awards from the Property Management Association
- 5 Best of Apartment Living awards from the Delaware Apartment Association
Nationally, the company took home two real estate awards for its acquisition of the Apartments at Mark Center -- a Best Acquisition Award from Mid Atlantic Real Estate Journal’s Best of 2017, and a Best Transaction (Silver) award from Multi-Housing News’ 2018 Excellence Awards. Additionally, Morgan Properties climbed five spots to become the 20th largest apartment owner and 11 spots to become the 28th largest apartment manager in the U.S. by the National Multifamily Housing Council’s NMHC 50.
“Morgan Properties is a company that strives to get better with every acquisition, so we greatly appreciate the recognition we’ve received for our exceptional service and significant expansion in 2018,” said Jonathan Morgan, president of Morgan Properties JV. “We’ve grown tremendously over the last few years and I couldn’t be more proud of all our employees and residents who help to bring new properties up to the Morgan standard. In 2019, we plan to broaden our presence as we continue growing as a major player in the multifamily industry, upholding our ‘Experience More With Morgan’ promise along the way.”
Notably, Jonathan Morgan was named a Philadelphia Business Journal 40 under 40 winner, a Philadelphia Inquirer Influencers of Real Estate Rising Star, a Multifamily Executive Rising Star, and one of Real Estate Forum’s Best Bosses. Morgan Properties also took home two best workplace awards from Philly.com and The Baltimore Sun Media Group.
The company was also recognized in the following industry lists:
- Multi-Housing News’ Top Property Managers
- Philadelphia Business Journal’s Soaring 76
- Inc. 5000’s Fastest Growing Private Companies in America
Since its inception in 2011, Morgan Properties JV has been one of the most active investors in the Mid-Atlantic and Northeast Region and has acquired more than $3.5 billion of multifamily investments and 23,000 units. Given its impressive growth in scaling the platform, Morgan Properties JV has more than doubled Morgan Properties’ existing portfolio. The company also recently expanded its geographic footprint to Nashville, Tennessee.
About Morgan Properties
Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in King of Prussia, Pennsylvania. Morgan Properties and its affiliate, Morgan Properties JV own and manage a multifamily portfolio comprised of 157 apartment communities and over 46,500 units located in 11 states, primarily in the Mid-Atlantic and Northeast Region. Morgan Properties is currently the 20th largest apartment owner in the country. The Company prides itself on its quick decision-making ability, strong capital relationships and operational expertise. Learn more at www.morganproperties.com.
