Developer Micheal Morgan created The Core a 326 unit apartment near several nightlife establishments such as the trendy Sawyer Park. Michael Morgan's father William Morgan, established the Morgan Group in 1959 today he and brother Ronnie Morgan are focused on Class A multifamily developments, construction, and property management.
Michael Morgan stated that while reviewing projects he looks at the worst case scenario imaginable and evaluates risk. The use of very conservative practices such as saving the majority of earned development fees has allowed their company to prosper and prevail in the eye of the real estate financial storm.
With nothing to hide Mr. Morgan shared The Core apartments financial position with our group. Currenlty they are 98% leased. If they continue at this rate they are on course to meet the lenders requirements.
This company basically does the right thing every step of the way leaving no stone unturned. The Morgan Group has built up their trust and confidence with equity partner Archstone Smith to the point that the Morgan Group can consistently receive Archstone Smith's investment with minimal financial obligations.
In this day and age several companies have gotten away from solid basic business principals in search of the fast buck negatively impacting society. Its refreshing to see the rewards of the diligent.
http://www.morgangroup.com
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