Development

Morgan entered the development business in 1988 with its first community in Houston, Texas. We focus on large metropolitan areas that generate jobs and, therefore, household formations. Morgan has successfully developed 15,000 units representing $1.5 billion in total costs across ten states.

Site selection is always the most important ingredient in the development business. The location of the site determines the product type. Balancing location and product type is the “art” of creating the highest yield. Morgan has a proven track record of providing above market returns on its developments.