The Morgan is a 127-unit garden apartment complex located in the popular and active North Bethesda submarket of suburban Maryland, which TMG purchased at foreclosure. TMG grew occupancy from 85% at acquisition to over 96% at sale through renovations to original units, select common area improvements, and the execution of an affordable housing covenant on the property. TMG sold the asset in 2019.
12000 Chase Crossing Circle
North Bethesda, MD 20852