Morgan Properties Corporate Office: A Comprehensive Guide

Introduction

Morgan Properties is a leading real estate investment and management company with a portfolio of over 500 properties across the United States. Its corporate headquarters is located in King of Prussia, Pennsylvania. This article provides a detailed overview of the company's corporate office, including contact information, key executives, history, operations, and financial insights.

Contact Information

• Address: 3010 West Chester Pike, Suite 250, King of Prussia, PA 19406
• Phone Number: (610) 768-8000
• Fax Number: (610) 768-8100
• Email: [email protected]

Key Executives

• David P. Morgan III, Chairman and CEO
• W. Edward Walter, President and COO
• Michael S. Morgan, Executive Vice President and CFO
• Thomas P. Morgan, III, Executive Vice President and CIO
• Thomas J. Morgan, III, Executive Vice President and General Counsel

History

Morgan Properties was founded in 1985 by David P. Morgan III. The company initially focused on the acquisition and management of apartment buildings in the Philadelphia metropolitan area. Over the years, Morgan Properties has expanded its portfolio to include a diverse mix of property types, including office buildings, industrial properties, and retail centers.

Operations

Morgan Properties operates its corporate office in King of Prussia, Pennsylvania. The company employs over 700 professionals dedicated to the acquisition, development, management, and financing of its real estate portfolio. Morgan Properties has a team of experienced real estate professionals with expertise in various aspects of the industry.

Financial Insights

Morgan Properties is a privately held company, so its financial performance is not publicly available. However, the company has consistently reported strong financial results. In 2022, Morgan Properties announced record earnings with a net income of over $1 billion. The company's assets under management exceed $15 billion.

Market Trends and Innovations

Morgan Properties is constantly monitoring market trends and identifying new opportunities for growth. The company is focused on investing in properties that are well-located and meet the needs of tenants. Morgan Properties is also investing in technology-driven solutions to improve the efficiency of its operations and enhance the tenant experience.

Ideas for New Applications

"PropTech" is a creative new word that encompasses the use of technology in the real estate industry. Morgan Properties is exploring various PropTech applications to generate ideas for new applications that can improve the property management process, increase operational efficiency, and enhance tenant satisfaction.

Tips and Tricks

• Utilize technology: Morgan Properties leverages technology to streamline operations and improve communication with tenants. The company uses a variety of software and mobile apps to manage property information, track maintenance requests, and communicate with residents.
• Focus on tenant satisfaction: Morgan Properties places a high priority on tenant satisfaction. The company has a dedicated team of customer service representatives who are available to address tenant inquiries and resolve issues promptly.
• Build strong relationships: Morgan Properties understands the importance of building strong relationships with both tenants and vendors. The company fosters open communication and works closely with its partners to ensure the smooth operation of its properties.

FAQs

1. What is Morgan Properties' corporate address?
3010 West Chester Pike, Suite 250, King of Prussia, PA 19406

2. Who is the CEO of Morgan Properties?
David P. Morgan III

3. How many properties does Morgan Properties own and manage?
Over 500 properties across the United States

4. What is Morgan Properties' net income?
Over $1 billion in 2022

5. Is Morgan Properties a publicly traded company?
No, Morgan Properties is a privately held company.

6. What is PropTech?
A creative new word that encompasses the use of technology in the real estate industry.

Tables

Table 1: Morgan Properties' Key Executives

Table 2: Morgan Properties' Financial Performance

Table 3: Morgan Properties' Portfolio by Property Type

Table 4: Morgan Properties' Geographic Distribution