Mitch Morgan

Morgan Properties Wins 196 Awards in 2023

Retrieved on: 
Wednesday, January 17, 2024

Morgan Properties , one of the nation’s three largest multifamily owners, announced today it earned 196 award wins in 2023, highlighting the company’s dedication to outstanding service, innovative marketing, and continued growth.

Key Points: 
  • Morgan Properties , one of the nation’s three largest multifamily owners, announced today it earned 196 award wins in 2023, highlighting the company’s dedication to outstanding service, innovative marketing, and continued growth.
  • The company was also ranked the #7 Healthiest Employer of Greater Philadelphia, a 2023 Top Workplace for Culture Excellence, and Morgan Properties’ employee podcast, Mondays at Morgan, was recognized as the Best Podcast/Audio Series by both the Communicator Awards and the Content Marketing Awards.
  • In recognition of its commitment to Diversity, Equity, and Inclusion, Morgan Properties was awarded 2023 DEI Champion of the Year by the Greater Charlotte Apartment Association.
  • The Morgan family – Mitchell Morgan, Founder and CEO of Morgan Properties, Jonathan Morgan, President of Morgan Properties JV, and Jason Morgan – was ranked #128 on Philadelphia Magazine’s 150 Most Influential Philadelphians list.

NewPoint Real Estate Capital and Morgan Properties Launch NewPoint Impact Providing Innovative Suite of Affordable Housing Financing Solutions

Retrieved on: 
Monday, August 8, 2022

NewPoint Real Estate Capital (NewPoint), a pioneering real estate finance company, announces the launch of NewPoint Impact, a proprietary affordable housing lending platform that pairs private capital with government-subsidized products to deliver an innovative set of next-generation affordable housing financing solutions.

Key Points: 
  • NewPoint Real Estate Capital (NewPoint), a pioneering real estate finance company, announces the launch of NewPoint Impact, a proprietary affordable housing lending platform that pairs private capital with government-subsidized products to deliver an innovative set of next-generation affordable housing financing solutions.
  • NewPoint Impact will finance the construction and/or acquisition/rehabilitation of affordable housing through a variety of financial products, including:
    NewPoint Impact 4% Tax-Exempt Bond Financing.
  • NewPoint Impact will provide construction or acquisition/rehabilitation financing, and, upon conversion, NewPoint Impact will underwrite FHA 223(f) permanent financing.
  • NewPoint Real Estate Capital ( NewPoint ) is a prominent commercial real estate finance company delivering lending solutions to investors of multifamily, affordable housing, seniors housing, healthcare, and manufactured housing properties nationwide.

Morgan Properties Acquires Two Midwest Portfolios Totaling 2,986 Units for $410 Million

Retrieved on: 
Monday, August 1, 2022

Morgan Properties , one of the nations top three multifamily owners, announced today it has acquired two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana.

Key Points: 
  • Morgan Properties , one of the nations top three multifamily owners, announced today it has acquired two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana.
  • Morgan Properties acquired the two portfolios for a combined $410 million.
  • With the addition of these new communities, Morgan Properties now owns and operates 2,035 units in Illinois, 3,692 units in Indiana, and more than 95,000 units nationwide.
  • With over 2,300 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships and proven operational expertise.

Morgan Properties Expands North Carolina Footprint with 642-Unit Acquisition in Fayetteville

Retrieved on: 
Wednesday, June 29, 2022

Morgan Properties , one of the nations top three multifamily owners, announced today it has acquired two Class A apartment communities totaling 642 units in Fayetteville, North Carolina.

Key Points: 
  • Morgan Properties , one of the nations top three multifamily owners, announced today it has acquired two Class A apartment communities totaling 642 units in Fayetteville, North Carolina.
  • Morgan Properties purchased Westlake at Morganton and The Preserve at Grande Oaks from Walker & Dunlop on behalf of Morganton Development.
  • (Photo: Business Wire)
    Since our entry into North Carolina in 2016, weve seen tremendous success in the Sunbelt region and continue to be opportunistic about acquisitions that increase Morgan Properties presence in these states, said Jonathan Morgan, President of Morgan Properties JV.
  • As the sixth largest city in North Carolina and home to the largest military base in the United States, Fayetteville has remained an attractive market for Morgan Properties since we acquired our first three communities there last year, said Jason Morgan, President of Morgan Properties Special Situations & Principal.

Morgan Properties Enters Booming Build-to-Rent Space with 136-Unit Acquisition in Texas

Retrieved on: 
Monday, May 2, 2022

Rebranded Elevate at Skyline, this transaction represents Morgan Properties first Build-to-Rent acquisition and its third rental community in Texas.

Key Points: 
  • Rebranded Elevate at Skyline, this transaction represents Morgan Properties first Build-to-Rent acquisition and its third rental community in Texas.
  • View the full release here: https://www.businesswire.com/news/home/20220502005071/en/
    For nearly four decades, Morgan Properties has been predominantly focused on acquiring larger Class B multifamily portfolios where we can bring our value-add expertise and create operational efficiencies, said Jonathan Morgan, President of Morgan Properties JV.
  • Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in King of Prussia, Pennsylvania.
  • With over 2,300 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships and proven operational expertise.

National Museum Of American Jewish History Renamed "The Weitzman" In Recognition Of Significant Gifts From Entrepreneur And Philanthropist Stuart Weitzman

Retrieved on: 
Thursday, December 2, 2021

PHILADELPHIA, Dec. 2, 2021 /PRNewswire/ -- Luxury shoe designer Stuart Weitzman has made a transformative gift to the National Museum of American Jewish History (NMAJH), in recognition of which, the Museum has been renamed the Weitzman National Museum of American Jewish History, or "The Weitzman".

Key Points: 
  • PHILADELPHIA, Dec. 2, 2021 /PRNewswire/ -- Luxury shoe designer Stuart Weitzman has made a transformative gift to the National Museum of American Jewish History (NMAJH), in recognition of which, the Museum has been renamed the Weitzman National Museum of American Jewish History, or "The Weitzman".
  • The Weitzman gift will enable the Museum to purchase its James Polshek-designed building from philanthropist Mitchell Morgan and his family.
  • Established in 1976, and situated on Philadelphia's Independence Mall, the Weitzman National Museum of American Jewish History is the only museum in the nation dedicated exclusively to exploring and interpreting the American Jewish experience.
  • The Weitzman NMAJH presents educational programs and experiences that preserve, explore, and celebrate the history of Jews in America.

Morgan Properties Acquires Two Portfolios Totaling 4,724 Units for $780.5 Million

Retrieved on: 
Friday, November 5, 2021

Morgan Properties acquired the Middle Street Partners (MSP) and Northland portfolios for a combined $780.5 million.

Key Points: 
  • Morgan Properties acquired the Middle Street Partners (MSP) and Northland portfolios for a combined $780.5 million.
  • With the addition of these new communities, Morgan Properties now owns and operates 10,540 units throughout the Sunbelt region, and 95,000 units nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20211105005150/en/
    These two portfolio acquisitions come just months after our monumental $1.75B North Star transaction, making 2021 another significant year in Morgan Properties three-decade growth story, said Jonathan Morgan, President of Morgan Properties JV.
  • Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in King of Prussia, Pennsylvania.

Following a $6.5m Raise, DeFi Lending Platform Minterest Builds Value-Capturing Protocol To Make DeFi Fairer

Retrieved on: 
Thursday, September 16, 2021

The Minterest protocol provides users with decentralised token money markets, combined with a uniquely fair incentive structure that will facilitate and promote widespread adoption of DeFi.

Key Points: 
  • The Minterest protocol provides users with decentralised token money markets, combined with a uniquely fair incentive structure that will facilitate and promote widespread adoption of DeFi.
  • Lending protocols generate significant value, but traditionally such value has not been passed on to users.
  • The Minterest protocol has the world's first buyback mechanism, which automatically passes on revenue to contributing platform users.
  • This way, users receive protocol revenue on top of industry leading borrowing/lending rates, creating the potential for the highest long-term yields in DeFi.

Following a $6.5m Raise, DeFi Lending Platform Minterest Builds Value-Capturing Protocol To Make DeFi Fairer

Retrieved on: 
Thursday, September 16, 2021

TALLINN, Estonia, Sept. 16, 2021 /PRNewswire/ -- An experienced team of cryptographers and blockchain industry luminaries have today unveiled Minterest, a value-capturing lending and borrowing protocol designed to make DeFi fairer for users. The reveal of the new protocol follows a recent private fundraising round that saw the team behind the project raise $6.5 million USD from top-tier investors, including KR1, DFG, CMS, DigiStrats, FOMOcraft, Bitscale Capital, PNYX Ventures, CMT Digital and Faculty Capital.

Key Points: 
  • The Minterest protocol provides users with decentralised token money markets, combined with a uniquely fair incentive structure that will facilitate and promote widespread adoption of DeFi.
  • Lending protocols generate significant value, but traditionally such value has not been passed on to users.
  • The Minterest protocol has the world's first buyback mechanism, which automatically passes on revenue to contributing platform users.
  • This way, users receive protocol revenue on top of industry leading borrowing/lending rates, creating the potential for the highest long-term yields in DeFi.