Market Research Report: The Morgan Group
Company Overview
Name and Mission
Name: The Morgan Group
Mission: Deliver excellence in luxury, convenience, technology, environmental awareness, and customer service. Responsibly manage financial resources by fostering valued relationships with capital partners, adapting to market conditions, maintaining a disciplined underwriting approach, and practicing sound accounting principles.
Foundation and Founders
- Founded: 1959
- Founder: Bill Morgan
Key People
- Chairman: Michael S. Morgan
- Chief Executive Officer: Philip Morgan
- Vice Chairman: Alan Patton
- Chief Operating Officer: Stan Levy
- President: Evan Schlecker
- Executive Vice President, Operations: Shelley Watson
- Chief Financial Officer: Jerad Bloom
Headquarters
- Location: 3000 Richmond Ave, Houston, Texas, 77098, US
Number of Employees
- Employees: 501-1,000 employees
Revenue
- Revenue: No information is available
Company Overview
Morgan is known for its integrated approach in multifamily housing investments through development, construction, and property management. They have built or acquired over $4.5 billion of multifamily assets, consisting of more than 21,000 units. Morgan emphasizes family values, an entrepreneurial spirit, and teamwork.
Products
Development
Description: The site selection and development of multifamily units across high-growth markets.
Key Features:
- Expertise in choosing great locations
- Vision-driven project development
Construction
Description: Morgan constructs its projects, maintaining control over quality, budgets, and project timelines.
Key Features:
- Quality control
- Budget adherence
- Schedule management
Acquisitions
Description: Strategy focused on acquiring well-located multifamily properties for cash flow and capital appreciation.
Key Features:
- Strategic acquisitions
- Cash flow generation
- Capital appreciation
Management
Description: Property management with a boutique-like approach, treating clients' properties as their own.
Key Features:
- Personalized property management
- Value creation for properties
Recent Developments
Recent Company Changes
- New Additions to Team:
- Rob Trimble: Talent Acquisitions Manager
- Wordie Wright: Assistant Superintendent
- Jennifer Krohn: Senior Regional Property Manager
- Milestone Celebrations: Manuel & Lila celebrated 10 years with Morgan.
New Products and Partnerships
- New Communities:
- The McAdams at Memorial City
- The McCarthy at Memorial City
- The McKinley at Memorial City
- The Fountains at Memorial City
- The Lodge at Spring Shadows
- Memorial City Apartments
- Caroline Memorial (upcoming in Houston, TX)
- Partnership: Joined MetroNational to expand their community reach.
Employee Development
- Promotions:
- April Wolff: Marketing Manager
- Blaine Patagoc: Marketing Associate
- Heather Monts: Director of Implementation and Support
Community and Culture
- Team Events: Celebratory event at Bowlero to appreciate Assistant Managers.
- Job Openings: Continual internal postings for job opportunities.
- Educational Initiatives: DE&I education rollout for all team members.
Contact Information
- Website: [Morgan Group](https://www.morgangroup.com/)
- Email: [info@morgangroup.com](mailto:info@morgangroup.com)
- Phone: No information is available
This report provides a structured overview of The Morgan Group based on the provided data, outlining its history, key personnel, operations, products, and recent developments in the company.