Commitment to People.
It all starts with the people! We take pride in building an outstanding team from top to bottom, with an emphasis on putting our customers first and having fun in the workplace.
Excellence From the Ground Up
Morgan has fostered valuable relationships and strategic partnerships for over 60 years and attributes much of its success to its family values and entrepreneurial, team-oriented culture.
What We Do:
Development
Development
Site selection is the most important ingredient in the development business. By combining great locations with the vision of Morgan's experienced...
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Construction
Construction
Morgan builds its own product allowing it to maintain control of quality, budgets and schedules. We recognize the importance of local market...
Read More
Acquisitions
Acquisitions
Morgan's acquisition strategy is to acquire well-located multifamily properties that will produce cash flow and provide strong capital appreciation...
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Management
Management
Our management philosophy? Treat our clients' properties as we do our very own. MORGAN's boutique-like property management creates more value for...
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Generations upon generations
Over 60 Years Experience
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Communities Owned and/or Managed
16,167 Units
$
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B Worth of Built or Acquired Assets
Over 75 Assets and 23,000 Units Built and Sold
Live Well
Caroline at Longhorn Quarry
5206 Wurzbach Pkwy, San Antonio, TX 78233
Caroline at Longhorn Quarry Community Website
33Thirty Three Weslayan
3333 Weslayan St., Houston, TX 77027
33Thirty Three Weslayan Community Website
Altura at the Groves
11821 Skylark Circle, Whittier, CA 90606
Altura at the Groves Community Website
Beacon at Buffalo Pointe
10301 Buffalo Speedway, Houston, TX 77054
Beacon at Buffalo Pointe Community Website
Caroline Waterford Lakes
12000 Bryonia Road, Orlando, FL 32826
Caroline Waterford Lakes Community Website
Highpoint at Cypresswood
13920 Mandolin Dr., Houston, TX 77070
Highpoint at Cypresswood Community Website
Manor Homes of Fox Crest
3151 N.W. 90th Street, Kansas City, MO 64154
Manor Homes of Fox Crest Community Website
Pearl Flagler Village
400 NE 3rd Ave, Fort Lauderdale, FL 33301
Pearl Flagler Village Community Website
Pearl Marketplace at Midtown
3120 Smith St, Houston, TX 77006
Pearl Marketplace at Midtown Community Website
Pearl Midlane River Oaks
2121 Mid Lane St, Houston, TX 77027
Pearl Midlane River Oaks Community Website
Pearl Residences @ CityCentre (South)
10401 Town and Country Way, Houston, TX 77024
Pearl Residences @ CityCentre (South) Community Website
Sealofts at Boynton Village
600 SeaLofts Dr, Boynton Beach, FL 33426
Sealofts at Boynton Village Community Website
The Circle at Hermann Park
3 Hermann Museum Cir, Houston, TX 77004
The Circle at Hermann Park Community Website
The Palmer Apartment Homes
2001 Plateau Vista Blvd, Round Rock, TX 78665
The Palmer Apartment Homes Community Website
The Richmond at Uptown
5455 Richmond Avenue, Houston, TX 77056
The Richmond at Uptown Community Website
Upper Kirby Apartments
2300 Richmond Ave, Houston, TX 77098
Upper Kirby Apartments Community Website
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Greater Los Angeles Area
Fullerton
Irvine
Whittier
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Greater Miami Area
Boynton Beach
Fort Lauderdale
Miami
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The Morgan Promise is a commitment to Excellence.
As a team, it is Morgan’s mission to:
- Deliver the best in luxury, convenience, technology, environmental awareness and customer service.
- Responsibly manage our financial resources by fostering valued and trusted relationships with capital partners, adapting to ever-changing market conditions, maintaining a disciplined underwriting approach, and practicing sound accounting principles.
Our Values
Our Commitment to:
People
We provide our team members with the freedom, opportunity, and resources needed for both personal and professional growth.
Investors & Partners
We are committed to exceeding the expectations of investors and strategic partners through dedication, transparency, and focus on results.
Quality Service
Our approach to serving our internal and external customer incorporates the highest standards for excellence and quality.
Future
All our decisions are made with a long-term vision in mind. We are here for the whole marathon, not just for a sprint.
Highest Standards
Commitment to integrity, trust, honesty, ethics, and professionalism are the foundation for all that we do.
Explore Our History
1925
Wolf “Yossela” Margulies Born in Poland
Morgan’s roots date back to 1925 when Wolf ‘Yossela’ Margulies was born in a small, impoverished village in southeastern Poland called Czerniejow. Yossela was only 14 when the Nazis first invaded Poland in the fall of 1939, marking the beginning of World War II.
1953
Bill Morgan Buys a Diner in Houston
After a short stint working at Foley’s, Morgan quickly decided he would go into business for himself. He became a serial entrepreneur and first bought Quik Snak, a convenience store that was located downtown on Texas and Caroline. Morgan was successful with Quik Snak and sold it for a profit two years later.
1954
Bill Morgan Marries Shirley Grace Fallas
Inspired to meet Roy Rogers, Willie saved up $200, purchased a Cadillac, and headed to Texas. He was in Houston when his car broke down and he found work at a department store called Foley’s as a salesman. In Houston, he changed his name one final time to William (“Bill”) Jacob Morgan. Bill was unable to find Roy Rogers in Houston, but instead he ended up meeting his wife, Shirley.
1959
Bill Morgan Founded Globe Construction and Management Company
This was Morgan’s first foray into real estate investment. Morgan spent a lot of time studying local developers and in 1959, he founded Globe Construction and Management Company and began his first project, building 3 houses in Northeast Houston. He rented the homes on a weekly basis, would collect rent on the weekends and go back to construction during the week.
1987
The Second Generation Leads the Efforts
In 1987, Bill’s two oldest sons Mike and Ronnie incorporated Morgan, Inc. (MGI). The two became 50/50 partners with Mike finding sites and handling the development and construction and Ronnie handling property management, personnel, legal and worked with Mike on deal financing. From 1987 to 2010, they grew MGI to become a multi-billion dollar, national real estate company that developed over 15,000 institutional-quality units across 9 states with a total value of $2.5B.
2011
Legacy Lives on in Morgan
In March 2011, Mike purchased Ronnie’s stock in Morgan, Inc. and rebranded the company Morgan. Today, Morgan has a portfolio value of $1B and has a $350M development pipeline. The work ethic and conservative principles instilled in the company by Bill Morgan remain an integral part of Morgan’s DNA and culture.
2020
The Third Generation
As the new CEO, Philip Morgan represents the 3rd generation of Morgans to lead the company.
2021
DE&I Mission Statement
Philip Morgan rolled out the Morgan Family DE&I Mission Statement in January of 2021.
More Voices at the Table
Added more Council Members to the Committee to gain broader representation to carry out the DE&I mission.
Partnership
Morgan, Inc. partnered with Consultant from the National Diversity Council.
2022
Additional Holidays
Added additional floating holidays so employees can take a day off and celebrate what is important to them as an individual.
Education
Rolled out DE&I Education for all team members.
Job Openings
Continually posting all job openings internally.
Development
Site selection is the most important ingredient in the development business. By combining great locations with the vision of Morgan’s experienced development team, Morgan has a proven track record of providing above market returns on its developments. Morgan entered the multifamily development business in 1988 with its first community in Houston, Texas. Since 1988, we have focused on large metropolitan markets that generate jobs and, therefore, household formations. Morgan has successfully developed 16,000 units representing $1.9 billion in total costs across ten states. As of Summer 2015, Morgan has over $450 million representing 2,200 units under construction and is actively seeking development opportunities in Texas, Florida, California, and Colorado.
Construction
Morgan builds its own product allowing it to maintain control of quality, budgets and schedules. We recognize the importance of local market construction knowledge, and we maintain construction supervision in each of our markets. The hallmarks of Morgan’s construction team are its ability to enter into a project with a budget that works and a level of quality that is second to none.
Acquisitions
Morgan’s acquisition strategy is to acquire well-located multifamily properties that will produce cash flow and provide strong capital appreciation potential. As a vertically integrated multifamily firm, our first-hand, local real estate expertise enables us to access quality multifamily investment ideas with the goal of providing our partners with superior risk adjusted returns.