Morgan Properties Acquires 136-Unit Rental Community in Texas.

MANews-(C)2009-2022

Pennsylvania, US-based multifamily property owner Morgan Properties has acquired 136-unit single-family rental community parcHaus at Skyline, to expand presence in Dallas-Fort Worth, Texas area, the company said.

Terms of the transaction were not disclosed.

Morgan purchased the Build-to-Rent community from Dallas-based Provident Realty Advisors. Rebranded Elevate at Skyline, this transaction represents Morgan Properties' first Build-to-Rent acquisition and its third...

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