What Does Morgan Properties Do?

Total employees1413
HeadquartersKing of Prussia
Founded1985

Morgan Properties is one of the largest and fastest-growing multifamily apartment owners and operators in the United States. Founded in 1985 by Mitchell Morgan, the company is headquartered in King of Prussia, Pennsylvania. Morgan Properties and its affiliates currently own and manage a portfolio of over 350 apartment communities encompassing more than 95,000 units in approximately 20 states. The company focuses on acquiring and managing Class B multifamily assets, aiming to provide quality housing and professional management while delivering value to its residents and stakeholders. Their strategy often involves value-add renovations and operational improvements to acquired properties.

Where Is Morgan Properties's Headquarters?

HQ Function

The headquarters serves as the central hub for all corporate functions, including executive leadership, acquisitions, finance, legal, human resources, marketing, IT, and operations oversight for their national portfolio.

Notable Features:

The headquarters is a modern office building designed to accommodate a large corporate staff, featuring collaborative workspaces and technology infrastructure to support its extensive operations. Specific architectural highlights are not widely publicized, but it's a functional corporate environment.

Work Culture:

The work culture at Morgan Properties's headquarters is typically described as fast-paced, entrepreneurial, and results-driven, reflecting its growth trajectory in the real estate sector. There's an emphasis on teamwork, innovation in property management, and professional development.

HQ Significance:

The King of Prussia headquarters is significant as it's the nerve center for a company managing tens of thousands of apartment units across the nation. Strategic decisions regarding acquisitions, capital improvements, and operational standards emanate from this location.

Values Reflected in HQ: The headquarters likely reflects values of professionalism, efficiency, and stability, necessary for managing a large-scale real estate portfolio. The focus on a collaborative environment supports their team-oriented approach.

Location:

Morgan Properties operates extensively across the United States, with a significant portfolio of apartment communities in approximately 20 states, primarily on the East Coast and expanding into other regions. While not a global company in terms of international offices, its functions supported nationally include property acquisition, asset management, property development and construction, property management, marketing, resident services, and corporate administration, all focused on the U.S. multifamily real estate market.

Street Address:

160 Clubhouse Road

City:

King of Prussia

State/Province:

PA

Country:

USA

Where Else Does Morgan Properties Operate Around the World?

Various locations across approximately 20 states in the USA

Address: Regional offices are typically situated to support clusters of properties within specific markets. Exact corporate addresses for all regional hubs are not centrally published.

To provide localized operational oversight, ensure brand consistency, implement corporate strategies at a regional level, and offer direct support to on-site property management teams, optimizing portfolio performance in specific geographic areas.

Buying Intent Signals for Morgan Properties

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Morgan Properties? Meet the Executive Team

As of April 2025, Morgan Properties' leadership includes:

Mitchell L. Morgan - Founder & Chairman
Jonathan Morgan - President, Morgan Properties JV
Jason Morgan - President, Morgan Properties Special Situations & Principal
Michael L. Morgan - Senior Vice President, Special Situations
Karen M. McAlonen - Senior Vice President of Operations
Joseph E. Mullen - Chief Operating Officer
Todd Richman - Chief Financial Officer

Who's Investing in Morgan Properties?

Morgan Properties has been backed by several prominent investors over the years, including:

Morgan Properties is a privately held company. While they partner with institutional investors and equity partners for various ventures, specific investor lists are not publicly disclosed in the same way as publicly traded companies.

What Leadership Changes Has Morgan Properties Seen Recently?

Hire0
Exits0

No major publicly announced new hires or departures at the senior-most executive leadership level (e.g., C-suite, President) were prominently identified in the last 12 months. The company may have had internal promotions or changes at other management levels not widely publicized.

Departures

N/A, No major executive departures at the top executive level (C-Suite, President) widely publicized.

New Appointments:

N/A, No major new executive hires at the top executive level (C-Suite, President) widely publicized.

What Technology (Tech Stack) Is Used byMorgan Properties?

Discover the tools Morgan Properties uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Morgan Properties Email Formats and Examples

Morgan Properties likely utilizes common corporate email formats. Based on industry standards and company size, a probable format is the first initial followed by the last name.

flast@morgan-properties.com (e.g., jdoe@morgan-properties.com)

Format

jdoe@morgan-properties.com

Example

75%

Success rate

What's the Latest News About Morgan Properties?

Multi-Housing NewsMarch 26, 2024

Morgan Properties Sells North Carolina Portfolio for $103M

Morgan Properties sold a three-property, 674-unit multifamily portfolio in Fayetteville, N.C., to Lion Real Estate Group for $102.5 million. The portfolio includes The Residences at West Wing, The Lofts at Huske Hardware, and The Flats at 335....more

Connect CREFebruary 13, 2024

Morgan Properties Pays $410M for 2,000-Unit Suburban Philly Portfolio

Morgan Properties acquired a portfolio of five apartment communities totaling nearly 2,000 units in suburban Philadelphia from a local owner-operator for $410 million. This acquisition further solidifies their presence in their home market....more

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