|
Morgan Properties
Morgan Properties is an American real estate investment and management company founded in 1985 and based in Conshohocken, Pennsylvania. It is one of the largest owners of multifamily housing in the United States, with a portfolio that includes over 350 apartment communities and more than 95,000 units across 19 states. The company is known for its family-led management style, emphasizing quick decision-making, operational expertise, and a commitment to community relationships. Mitchell Morgan is the founder and current chief executive officer of the company. History Morgan Properties was founded in 1985. In 2007, alongside AIG Global Real Estate, Morgan Properties purchased nearly 17,500 apartments for around $2 billion from Kushner Companies. In 2018, tenants in Maryland filed a lawsuit against Morgan Properties, alleging that the company charged residents illegal fees. The company has been the subject of lawsuits in Pennsylvania alleging it refused accommodation requests for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conshohocken, Pennsylvania
Conshohocken ( ; ) is a Borough (Pennsylvania), borough on the Schuylkill River in Montgomery County, Pennsylvania in suburban Philadelphia. Historically a large mill town and industrial and manufacturing center, after the decline of industry in recent years Conshohocken has developed into a center of riverfront commerce, commercial and residential development.Fact Sheets-CONSHOHOCKEN BOROUGH In the Philadelphia accent, regional slang, it is sometimes referred to by the colloquialism, colloquial nickname Conshy ( ).ALL ABOUT Conshy, Conshohocken Pa /ref> The sister community of West Conshohocken, Pennsylvania, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
King Of Prussia, Pennsylvania
King of Prussia (nicknamed K.O.P.) is a census-designated place in Upper Merion Township, Pennsylvania, Upper Merion Township in Montgomery County, Pennsylvania, United States. The community took its unusual name in the 18th century from a local tavern named the King of Prussia Inn, which was named after King Frederick the Great of Prussia. King of Prussia is considered to be an edge city of Philadelphia, consisting of large amounts of retail and office space situated at the convergence of four highways. King of Prussia is located south of Allentown, Pennsylvania, Allentown and northwest of Philadelphia. It is considered part of the larger Delaware Valley, Philadelphia metropolitan area. As of the 2020 United States census, 2020 census, its population was 22,028. King of Prussia (shopping mall), King of Prussia mall is the List of largest shopping malls in the United States, fourth-largest shopping mall in the US. The headquarters of the Nuclear Regulatory Commission Region ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Investing
Real estate investing involves purchasing, owning, managing, renting, or selling real estate to generate profit or long-term wealth. A real estate investor or entrepreneur may participate actively or passively in real estate transactions. The primary goal of real estate investing is to increase value or generate a profit through strategic decision-making and market analysis. Investors analyze real estate projects by identifying property types, as each type requires a unique investment strategy. Valuation is a critical factor in assessing real estate investments, as it determines a property’s true worth, guiding investors in purchases, sales, financing, and risk management. Accurate valuation helps investors avoid overpaying for assets, maximize returns, and minimize financial risk. Additionally, proper valuation plays a crucial role in securing financing, as lenders use valuations to determine loan amounts and interest rates. Financing is fundamental to real estate investing, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the administration of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end-item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then adver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AIG Global Real Estate
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets. AIG is the title sponsor of the AIG Women's Open golf tournament. In 2023, for the sixth consecutive year, DiversityInc named AIG among the Top 50 Companies for Diversity list. AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. AIG was ranked 60th on the 2018 Fortune 500 list. According to the 2016 Forbes Global 2000 list, AIG i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kushner Companies
Kushner Companies LLC is an American real estate developer in the New York City metropolitan area. The company's biggest presence is in the New Jersey residential market. A study published in December 2017 by ''Bloomberg News'' indicated that Kushner Companies owned a stake in over 60 buildings in New York City. Major holdings in the city include the Puck Building and the retail space at 229 West 43rd Street, as well as 666 Fifth Avenue until its 2018 sale. The company's headquarters were relocated to the GM Building Manhattan in 2020. History In 1985, Charles Kushner founded Kushner Companies along with his father, Joseph Kushner. In 2005, Charles Kushner was convicted of tax evasion and witness tampering, and served time in federal prison. As a result, he handed over the management of the company to his eldest son, Jared. Kushner Companies has received multiple loans from Israeli bank, Bank Hapoalim. The firm "received a roughly $30 million investment from Menora Mivt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Fraud
Mortgage fraud refers to an intentional misstatement, misrepresentation, or omission of information relied upon by an underwriter or lender to fund, purchase, or insure a loan secured by real property. Criminal offenses may be prosecuted in either federal or state court, and are typically charged under wire fraud, bank fraud, mail fraud, or money laundering statutes, with penalties of imprisonment for up to 30 years per offense. As the incidence of mortgage fraud has risen over the past few years, states have also begun to enact their own penalties for mortgage fraud. Mortgage fraud is not to be confused with predatory mortgage lending, which occurs when a consumer is misled or deceived by agents of the lender. However, predatory lending practices often co-exist with mortgage fraud. Types Occupancy fraud: This occurs where the borrower wishes to obtain a mortgage to acquire an investment property, but states on the loan application that the borrower will occupy the property ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antitrust
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as Trust (business), trusts) is commonly known as trust busting. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Class Action Lawsuit
A class action A class action is a form of lawsuit. Class Action may also refer to: * ''Class Action'' (film), 1991, starring Gene Hackman and Mary Elizabeth Mastrantonio * Class Action (band), a garage house band * "Class Action" (''Teenage Robot''), a 2002 e ... is a form of lawsuit. Class Action may also refer to: * ''Class Action'' (film), 1991, starring Gene Hackman and Mary Elizabeth Mastrantonio * Class Action (band), a garage house band * "Class Action" (''Teenage Robot''), a 2002 episode of ''My Life as a Teenage Robot'' *''Class Action'', a play by Brad Slaight *''Class Action'', a 2002 book that was the basis for the film '' North Country'' *''Cla$$ Action'', a 2005 novel by Henry Denker {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RealPage
RealPage, Inc. is an American software company specialized in property management software for algorithmic rent setting. It is owned by the private equity firm Thoma Bravo. Its services are used to manage more than 24 million housing units worldwide in multifamily, commercial, single-family, and vacation rentals. In 2024, the United States Department of Justice sued RealPage, alleging that its software represented a price fixing scheme to raise rents. San Francisco banned algorithmic rent pricing in August 2024. Dana Jones is the chairman and chief executive officer. History RealPage was founded in 1998 with the acquisition of Rent Roll, Inc., a provider of on-premises property management systems for the conventional and affordable multifamily rental housing markets. RealPage moved its corporate headquarters to Richardson, Texas in 2016, and in 2017 acquired four companies: apartment market data provider Axiometrics; utility and energy management company American Utility Manag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
