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A Large US Apartment Landlord Buys Again, Signaling Returning Confidence

Morgan Properties Resumes Expansion With Carolinas Deal Valued at $323 Million
The biggest apartment complex in a package bought by Morgan Properties is the Enclave at North Point in Winston-Salem, North Carolina. (CoStar)
The biggest apartment complex in a package bought by Morgan Properties is the Enclave at North Point in Winston-Salem, North Carolina. (CoStar)
By John Doherty
CoStar News
October 6, 2020 | 10:51 P.M.

Morgan Properties, an apartment heavyweight that pushed pause on buying in the past year, has jumped back in the game in a big way in a sign that confidence is returning to the multifamily sales market.

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