Morgan Properties, one of the nation’s largest multifamily owners, announced on February 11th the appointment of Jonathan and Jason Morgan as co-chief executive officers, formalizing the leadership roles they have long held in guiding the company’s strategy, investments and operations. Their father, Mitchell Morgan, started the company in 1985 and will serve as the chairman.
In addition to the co-CEOs, Morgan Properties announced seven people to C-suite positions, including the appointment of Greg Curci as the company’s first chief operating officer.
Over the past five years, Morgan Properties has more than doubled its portfolio and now comprises over 110,000 units across 22 states, with more than half of its holdings wholly-owned.
“Our father built this company with a focus on drive, determination and entrepreneurial grit,” said Jonathan Morgan. “That mindset continues to guide us today. We’ve built what we view is a rocket ship that’s ready for liftoff and our focus now is on scaling thoughtfully – remaining contrarian, expanding our operations and investing across the capital stack.”
“Our goal is not just to be one of the largest multifamily investors, but to be one of the most impactful – investing in people, strengthening communities and building a company that lasts for generations,” said Jason Morgan. “These leadership changes empower our executive team with more autonomy, enabling us to move faster and continue to act boldly in uncertainty.”
Jonathan Morgan has served as co-president of Morgan Properties and, since 2011, president of Morgan Properties JV, an affiliate of Morgan Properties, overseeing day-to-day operations, acquisitions and capital markets. He previously worked at Apollo Real Estate Advisors, focusing on investment activities involving high-yielding debt opportunities and equity investments in real estate assets and real estate operating companies.
Jason Morgan has served as co-president of Morgan Properties and president of Morgan Properties Special Situations since 2017. Morgan Properties Special Situations specializes in sourcing, underwriting and executing (i) multifamily acquisitions (including equity recapitalizations), (ii) fixed-income securities and (iii) debt investment opportunities. Before joining Morgan Properties, he worked at Sculptor Capital Management, formerly Och-Ziff Capital Management, focusing on equity investments, preferred equity structures, mezzanine financing and senior loans across traditional and niche real estate asset classes.
The other announced executive promotions include:
- Stephen Waters, Chief Capital Officer
- Rimas Petrulis, Chief Investment Officer
- Marina Dikos, Chief Financial Officer
- Michael Schecter, Chief Legal Officer
- Samantha McQuown, Head of Property Management
- Andrew Orfloff, Chief Strategy Officer
- Jessica Sachs, Chief People Officer
Morgan Properties was founded in King of Prussia and moved its headquarters to Conshohocken in 2024.
Photos: Morgan Properties