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Morgan Properties Expands Home State Holdings With 11-Property Apartment Deal

Investor Plans $80 Million in Upgrades for Pennsylvania Properties
Mount Penn Manor Apartments located in Pennsylvania's Lehigh Valley has benefited from the area's steady population growth, household formation and robust hiring.  (CoStar)
Mount Penn Manor Apartments located in Pennsylvania's Lehigh Valley has benefited from the area's steady population growth, household formation and robust hiring. (CoStar)
CoStar News
July 1, 2024 | 7:38 P.M.

Morgan Properties, one of the nation's largest private multifamily owners, bought an 11-property apartment portfolio in Pennsylvania as the company scouts opportunistic acquisitions to expand in its home state.

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