Morgan Properties Exceeds 100,000 Units with New Acquisition
Morgan Properties Exceeds 100,000 Units with New Acquisition

New communities expand Midwestern presence.
Morgan Properties is growing its portfolio in the Midwest. The nation's largest private multifamily housing owner acquired more than 3,000 units at 11 communities across eight states from Trilogy Real Estate Group, pushing its apartment holdings to more than 100,000 units at more than 360 communities in 22 states.
"Surpassing 100,000 units is a defining moment and a testament to the hard work and dedication of our entire organization, who have helped shape Morgan Properties into a best-in-class multifamily owner and operator," said Jonathan Morgan and Jason Morgan, Co-Presidents of Morgan Properties, in a release.
The new portfolio features communities in Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, Oklahoma and Tennessee.
Morgan Properties entered the Kentucky market earlier this year. Prior to 2019, Morgan Properties owned two properties in the Midwest, totaling just under 800 apartment units. With this acquisition, the company now owns more than 14,500 apartment units in the Midwest.