The 11 complexes include 3,434 units.
Morgan Properties now owns and manages over 14,000 units and 56 communities in Pennsylvania, and 96,000 units in 350 communities in 19 states.
“As Morgan Properties continues to expand its national footprint, we remain deeply committed to our Pennsylvania roots,” said Jonathan Morgan, President of Morgan Properties JV. “The DePaul acquisition directly supports our strategic goal of acquiring large multifamily portfolios with high barriers to entry where our market concentration will enable us to achieve operational efficiencies and capitalize on economies of scale.
Mergers-And-Acquisitions Carlisle
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