KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Morgan Properties, one of the nation's largest and fastest-growing multifamily owners, announced today the launch of Morgan Cares, a program created to support local hospitals and food banks as they combat the COVID-19 pandemic in the United States. Throughout the 15 states where Morgan Properties’ operates, the company will donate a percentage of each resident’s May and June rent to their choice of a local hospital or food bank. The Morgan Cares initiative was established in partnership with Morgan Properties’ valued residents across its entire portfolio of 300 apartment communities and 75,000 units. Morgan Properties expects to contribute over $500,000 in funding to give back to these local organizations that need it most.
“As a family business whose culture is deeply rooted in helping others, we are incredibly passionate about giving back to the communities in which we serve” said Jonathan Morgan, President of Morgan Properties. “We are in the midst of a global health crisis and the only way to get through it is to come together and help those in need. Our size and scale awards us the unique opportunity to make a significant donation that will help support the critical hospitals and food banks who are selflessly serving on the front lines and keeping us safe. Morgan Properties is committed to doing our part to help these local communities since we are all in this together.”
The implementation of Morgan Cares is an extension of Morgan Properties’ Caring. Sharing. Giving. initiative that raises funds and awareness for important causes. Through its Morgan Cares program, Morgan Properties will donate a percentage of each rent payment received for May and June to a local hospital or food bank of the resident’s choice. Morgan Properties aims to address the PPE shortages at the local hospitals and the hunger issues affecting people impacted by COVID-19.
“We would like to thank our thousands of residents for their participation in Morgan Cares during these unprecedented times. With your help we are all making a significant difference in our local communities,” said Jason Morgan, Principal at Morgan Properties. “We also would like to thank our employees for taking care of our residents when they need us the most. We are proud of our organization for stepping up and inspired by your dedication. Most importantly, we want to thank all the frontline workers throughout the country for keeping us safe.”
A sampling of the 73 total local hospitals and food banks that will benefit from the Morgan Cares program include:
- Capital Area Food Bank in Washington, D.C.
- The Johns Hopkins Hospital in Baltimore, MD
- Duke Raleigh Hospital in Raleigh, NC
- Cooper University Health Care in Camden, NJ
- FULFILL (The FoodBank of Monmouth and Ocean Counties) in Neptune, NJ
- Rochester Regional Health in Rochester, NY
- Cleveland Clinic in Cleveland, OH
- Greater Pittsburgh Community Food Bank in Duquesne, PA
- Thomas Jefferson University Hospital in Philadelphia, PA
- Mission Lexington in Lexington, SC
- Nashville Rescue Mission in Nashville, TN
- Virginia Peninsula Foodbank in Hampton, VA
In addition to Morgan Cares, Morgan Properties recently launched Hometown Heroes, a social media series recognizing employees, residents, vendors, and local emergency personnel who are going above and beyond to help others, give back, and serve on the front lines during the pandemic. Throughout the month of May, Morgan Properties will recognize four individuals each week by sharing their stories on its social media channels.
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 affiliates currently own and manage a multifamily portfolio comprised of 300 apartment communities and over 75,000 units located in 15 states throughout the country, primarily in the Mid-Atlantic and Northeast Region. Morgan Properties is the fifth largest multifamily owner in the country as well as the largest apartment owner in Pennsylvania, Maryland and New York. With approximately 2,100 employees across its geographic footprint, the Company prides itself on its quick decision-making ability, strong capital relationships and multifamily operational expertise.
Learn more at www.morgan-properties.com.