Morgan Properties has paid $501 million for more than 3,000 apartments across eight states, significantly boosting its Midwest holdings in the U.S. multifamily sector’s largest deal of early 2025.
Morgan Properties pays $501 million for apartments in largest US deal of early 2025
Firm boosts Midwest portfolio in 11-property transaction across eight states
By Ryan Ori
CoStar News
April 4, 2025 | 7:54 P.M.
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IN THIS ARTICLE
- Properties
- The Pointe at Saint Joseph
307 Lasalle Ave, South Bend, IN
- Residences at Streets of St. Charles
1650 Beale St, Saint Charles, MO
- Reflection Cove
13992 Reflection Dr, Ballwin, MO
- Crescent Centre
657 3rd St, Louisville, KY
- Waterchase Apartments
3100 Waterchase Way, Wyoming, MI
- Companies
- Morgan Properties
Real Estate
- Trilogy Real Estate Group
Construction
- Contacts
- Blake Pera
Vice Chairman, Newmark
- Marcella Fasulo
Executive Vice Chairman, Newmark
- Stephen LaMotte
Executive Vice President, Walker & Dunlop LLC
- Adam Spies
Co-Head of U.S. Capital Markets, Newmark
- Charles Johanns
Sr Managing Director - Multifamily Capital Markets, Newmark