Morgan Properties, in partnership with Core Real Estate Partners, has purchased the Orchard Meadows apartments in Ellicott City for $50 million. The new owners intend to invest $2 million in upgrades to the 240-unit development at 3421 Sonia Trail. The apartments ...Read More »
Morgan Properties purchased a portfolio of suburban Maryland properties for $277.5 million. The company has acquired the four-property NOAH portfolio that consists of 2,729 units from Rockpoint Group. Morgan Properties achieved its goal of purchasing more than $1 billion in ...
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A partnership of Morgan Properties, of King of Prussia, Pa., and New York-based DRA Advisors LLC has purchased Park Laurel Apartments, a 526-unit garden apartment development in Laurel, for an undisclosed price, from sellers Graycliff Partners of New York and Dragone Management of Laurel.Read More »
Morgan Properties, a King of Prussia, Pa.-based real estate development, investment and management company, said it has formed a joint venture with DRA Advisors, a New York-based registered investment advisor specializing in real estate investment and management services, to acquire Northampton Apartments, a 620-unit garden apartment development in Largo.Read More »
Morgan Properties, of King of Prussia, Pa., a real estate investment, development and management company, and Dune Real Estate Partners LP, of New York, have formed a joint venture partnership to acquire Chesapeake Glen, a 796-unit multifamily apartment community in Glen Burnie.Read More »
Maryland team to design and construct new hospital building in Fairfax, Va. Bethesda-based Clark Construction Group has been selected to build a 12-story, 665,000-square-foot patient tower at the Inova Women’s Hospital & Children’s Hospital in Fairfax, Va. The $215 million ...Read More »