Houston apartment developer expands to Dallas


Photo by Katherine Feser

Morgan Group, a Houston-based apartment development, construction, acquisitions and property management company, expands to Dallas.

Stephen Frazee will lead multi-family development efforts as DFW City Partner and establish an office in Dallas later this year. Frazee previously served as Director of Development for Dallas-based JPI, where he helped develop more than 5,500 apartments with a total value of $ 1 billion.

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Morgan has a pre-development project in the North Texas metro area and is pursuing other opportunities. The company has active projects in the Houston, Austin and San Antonio markets.

The Dallas-Fort Worth area is Texas’ largest apartment market, with nearly 787,000 units across 3,293 properties, according to ApartmentData.com. The Houston metro has nearly 694,000 units in 2,942 communities.

Founded in 1959, Morgan has developed over 7,500 units in Texas. Its current portfolio consists of 10,000 units in Texas, California, Arizona, Colorado and Florida.

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