Pa. firm acquires apartments in Md.

Morgan Properties, of King of Prussia, Pennsylvania, an apartment development and management company with major holdings in the mid-Atlantic region, including Maryland, said it has formed a joint venture with the Olayan Group, a Saudi Arabia-based international investment company, to acquire a 2,671-unit group of apartment communities from Berkshire Property Advisors.

Leave a Reply

Your email address will not be published. Required fields are marked *