Lisa Rice of Morgan Properties Appointed Board President of Pennsylvania Apartment Association

KING OF PRUSSIA, PA – Morgan Properties, a real estate investment and management company, announced today Lisa Rice has been elected to serve as Board President of the Pennsylvania Apartment Association - Central (PAA Central) for the 2018 term. Lisa, a Regional Manager for Morgan Properties, was inducted at PAA Central’s Annual Meeting January 11 alongside the new board.

In her new role, Lisa will lead PAA Central in servicing members throughout Central Pennsylvania with an emphasis on three geographic areas — Lehigh Valley, State College and the Harrisburg/Lancaster/York region — through membership benefits including professional development and education programs, industry events, networking, social events, and government affairs. She will also continue to seek opportunities to grow the association’s membership and provide its members with the support and services they need for their teams and the betterment of the multifamily industry.

“As an active board member of PAA Central for the past few years, I am truly honored to accept my new position as Board President,” said Rice. “I look forward to applying my more than 15 years of experience towards further advancing the multifamily industry in Central Pennsylvania, and could not think of a better way to represent Morgan Properties in a leadership role in this region.”

In addition, Lisa serves as the Director of PAA Central’s Real Estate School and as an instructor for the National Apartment Association (NAA) Designation courses for the National Apartment Leasing Professional (NALP), Certified Apartment Management (CAM), and Certificate for Apartment Maintenance Technicians (CAMT). She was also a former co-chair for the Best of Living Committee (BOLA).      

“Lisa has been a key player at Morgan Properties for more than 13 years, and we’re extremely proud of her accomplishments both at the company and in the greater multifamily industry,” said Jonathan Morgan, President of Morgan Properties JV Management. “With representatives now serving on boards across multiple apartment associations, our company is even better positioned to enhance the living conditions and implement positive change in the regions in which we operate.”

As a best-in-breed class B multifamily owner/operator, Morgan Properties owns and manages over 45,000 units in ten states throughout the country.

About Morgan Properties: Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in King of Prussia, Pennsylvania. Morgan Properties and its affiliate, Morgan Properties JV own and manage a multifamily portfolio comprised of 150 apartment communities and over 45,000 units located in ten states, primarily in the Mid-Atlantic and Northeast Region. Morgan Properties is currently the 22nd largest apartment owner in the country. The Company prides itself on its quick decision-making ability, strong capital relationships and operational expertise.

About PAA Central: The Pennsylvania Apartment Association - Central (formerly AACP) is a non-profit trade organization for the apartment and rental housing industry, serving approximately 100 property management companies, owners, developers, and property managers that manage or own nearly 60,000 apartment homes (450+ apartment communities.)


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