Morgan Properties Expands National Footprint and Enters Kentucky with $39M Multifamily Acquisition, Morgan Properties is now in 20 states with the addition of Blankenbaker Crossings in Louisville, KY

1/15/2025

|

Business Wire

• Subcategory: MF: Market Rate

• Tag: Expansion | Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Cushman & Wakefield (NYSE: CWK)

Morgan Properties, the nation’s largest private owner of multifamily communities, announced today its entry into Kentucky with the $39 million acquisition of Blankenbaker Crossings, a 236-unit garden-style apartment community in Louisville. Kentucky is now the 20th state in Morgan Properties’ rapidly growing portfolio, solidifying the company’s presence as a leader in multifamily and marking a strategic expansion into one of the Heartland region's most promising markets.