What we know
The new management portfolio includes eight properties in The Woodlands—One Lakes Edge, Two Lakes Edge, 1 Riva Row, Creekside Park The Grove, Creekside Park The Residences, The Lane at Waterway, The Millennium Six Pines and The Millennium One Waterway Avenue. It also includes three properties in Bridgeland—Starling at Bridgeland, Lakeside Row The Residences and Wingspan.
Morgan will oversee leasing, resident services and onsite operations, with a goal of implementing a boutique-style management approach that aligns with Howard Hughes’ standards for service and quality, per the release.
What they're saying
“Howard Hughes sets a high bar for placemaking and resident experience,” Morgan CEO Philip Morgan said in the release. “Our team is honored to steward these communities and enhance the living experience for residents. With dedicated onsite teams and tailored operating plans, we look forward to enhancing the living experience for residents and driving sustained property performance in partnership with the Howard Hughes team.”
The partnership represents a milestone in Morgan’s growth, expanding its managed portfolio from 18,000 to 23,000 units over the past year, according to the release.
“At Howard Hughes, we design every residence with the goal of enhancing how people live,” Brooke Jones, national multifamily portfolio vice president for Howard Hughes Communities, said in the release. “Through our partnership with Morgan, residents across our multifamily properties will experience exceptional service, responsive management and the elevated lifestyle that defines our communities in The Woodlands and Bridgeland.”
