Morgan Properties Expands North Carolina Footprint With Acquisition of Two Multifamily Communities Totaling 642-Units in Fayetteville

FAYETTEVILLE, NC - Morgan Properties, one of the nation’s top three multifamily owners, announced it has acquired two Class A apartment communities totaling 642 units in Fayetteville, North Carolina. Morgan Properties purchased Westlake at Morganton and The Preserve at Grande Oaks from Walker & Dunlop on behalf of Morganton Development. With the addition of these two communities, Morgan Properties now owns and operates five apartment communities encompassing 1,530 units in...

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