KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Morgan Properties, the nation’s 19th largest apartment owner and operator, announced today that its President, Jonathan Morgan, has won the EY Entrepreneur Of The Year® 2019 Award in the family business category for Greater Philadelphia. The prestigious award recognizes entrepreneurs who are excelling in innovation, financial performance, and personal commitment to their businesses and communities, while also transforming the world. Jonathan was selected by an independent panel of judges, and the award was presented at a special gala event at the Kimmel Center for the Performing Arts on June 19.
“It is an honor to be recognized as an EY Entrepreneur Of The Year®,” said Jonathan. “I have always aspired to leverage off our strong foundation, successful track record, and talented team to take our business to the next level. Following the example set by my father, I am excited to maintain our family legacy and take our company to new heights. Morgan Properties is a best-in-class multifamily owner/operator that continues to get better with every acquisition. We have experienced tremendous growth in every aspect of the business over the past year, and this award further solidifies that we are headed in the right direction. I look forward to celebrating this achievement with the rest of the winners at the national award ceremony.”
Under Jonathan’s leadership, Morgan Properties has acquired over $5 billion of real estate comprised of over 30,000 apartment units. Earlier this year, Morgan Properties became Pennsylvania’s largest multifamily owner and operator following its historic portfolio acquisition of 10 apartment communities with 4,130 apartments spanning Philadelphia and Northern Virginia. The acquisition brought Morgan Properties’ Pennsylvania portfolio to 10,000 units and its total unit count to over 50,000 units for the first time since its inception in 1985. Spearheaded by Jonathan, this multifamily transaction was the largest in Philadelphia to date and expanded the company’s already growing presence in the Mid-Atlantic Region.
As a Greater Philadelphia award winner, Jonathan is now eligible for consideration for the Entrepreneur Of The Year 2019 National Awards. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California on November 16. These awards are the culminating event of the Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.
About Morgan Properties
Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in King of Prussia, Pennsylvania. Morgan Properties and its affiliate, Morgan Properties JV own and manage a multifamily portfolio comprised of 171 apartment communities and over 51,000 units located in 11 states, primarily in the Mid-Atlantic and Northeast Region. Morgan Properties is currently the 19th largest apartment owner in the country. The Company prides itself on its quick decision-making ability, strong capital relationships and operational expertise. Learn more at www.morganproperties.com.