MORGAN Targets Growth Initiatives with Addition of David Whitby as Vice President of Capital Markets

HOUSTON, TX - MORGAN, a leader in upscale multifamily development, construction and property management, has named David Whitby Vice President of Capital Markets, responsible for working with MORGAN's development partners and senior management team to raise equity capital needed to finance MORGAN's future growth initiatives.

David has extensive experience in structuring acquisitions, negotiating debt, asset management, investor relations, dispositions and raising capital. He joins MORGAN from Elite Street Capital where he led the team that successfully acquired and managed 26 assets totaling over 6,500 units across a seven-state region.

Prior to Elite Street, David spent nine years with ARA (now NKF), a leading apartment brokerage firm engaged in arranging debt, equity and property sales. He holds a BBA in Real Estate Finance from McCombs Business School at The University of Texas at Austin.

About MORGAN: MORGAN is a privately held national developer and manager of Class A multifamily properties. With headquarters in Houston, TX, MORGAN specializes in upscale urban construction and third-party property management across the United States. Since 1988, MORGAN has developed over 20,000 units at a cost of $3.1 billion. For more information, visit www.morgangroup.com.

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