Morgan Properties Invites Community to Second Company-Wide Event in Partnership with Alex’s Lemonade Stand Foundation

Morgan Properties to host lemonade stands at 167 apartment
communities on May 14 to raise money for childhood cancer research

KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Morgan
Properties
, the nation’s 19th largest apartment owner and operator,
announced today it will host lemonade stands to support Alex’s
Lemonade Stand Foundation
(ALSF) on May 14 from 11 a.m. to 4 p.m. at
each of its 167 apartment communities nationwide. This will be Morgan
Properties’ second consecutive year partnering with the foundation to
raise money for childhood cancer research through its Caring.
Sharing. Giving
charitable initiative. In addition to all funds
raised at the individual stands, Morgan Properties will contribute a
corporate donation to further support ALSF’s efforts. Last year, Morgan
Properties raised $18,314 across its apartment communities for ALSF and
hopes to exceed that number this year.

Three of Morgan Properties’ apartment communities including its
corporate headquarters will be joined by local radio stations
broadcasting live on-site and offering exciting giveaways such as
concert tickets to attendees. Jared of WIOQ 102.1 (Q102
Philly
) will be at Kingswood
Apartments & Townhomes
in King of Prussia, PA; Chris and the
Crew of WPST 94.5 FM (94.5FM)
will be at Roberts
Mill Apartments & Townhomes
in Maple Shade, NJ; and DJ
Quicksilva of WERQ 92.3 (92Q
Jams FM
) will be at Chesapeake
Glen Apartment Homes
in Glen Burnie, MD. Additional special guest
appearances include Poe
of the Baltimore Ravens
at Chesapeake Glen and Monty
the Fox of the King of Prussia District
at Kingswood, who will also
bring the cooper car. Comcast will also be on-site at Kingswood offering
prize giveaways.

“At Morgan Properties, giving back is a trait that is deeply rooted
within our company culture,” said Jason Morgan, Principal at Morgan
Properties. “As a family-run business, we are committed to touching the
lives of the many residents and employees we call family and supporting
organizations in the communities where we operate. We’re thrilled to
partner yet again with an inspiring organization like Alex’s Lemonade
Stand Foundation to raise money for childhood cancer research and look
forward to seeing residents and community members in attendance at each
of the events.”

Local ALSF Heroes will be in attendance at Kingswood, Roberts Mill, and
Chesapeake Glen to share their cancer survivor stories.

“At Alex’s Lemonade Stand Foundation (ALSF), we are incredibly grateful
for the spirit and hard work of dedicated partners like Morgan
Properties who volunteer to host lemonade stands that help us get closer
to a cure for childhood cancer,” said Liz Scott, Alex’s mom and
Co-Executive Director of ALSF. “We truly appreciate companies like
Morgan Properties that care about children with cancer, they make the
difference in the fight for so many families.”

Morgan Properties’ participating apartment communities are located in 11
states: Pennsylvania, Maryland, New Jersey, Tennessee, New York,
Delaware, Virginia, North Carolina, South Carolina, Ohio, and Nebraska.
To find a lemonade stand near you, visit www.morgan-properties.com/our-communities.
A rain date is scheduled for May 15.

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 167
apartment communities and over 50,000 units located in 11 states,
primarily in the Mid-Atlantic and Northeast Region. Morgan Properties is
currently the 19th largest apartment owner in the country. The Company
prides itself on its quick decision-making ability, strong capital
relationships and operational expertise. Learn more at www.morganproperties.com.

About Alex’s Lemonade Stand Foundation

Alex’s Lemonade Stand Foundation (ALSF) emerged from the front yard
lemonade stand of 4-year-old Alexandra “Alex” Scott, who was fighting
cancer and wanted to raise money to find cures for all children with
cancer. Her spirit and determination inspired others to support her
cause, and when she passed away at the age of 8, she had raised $1
million. Since then, the Foundation bearing her name has evolved into a
national fundraising movement. Today, ALSF is one of the leading funders
of pediatric cancer research in the U.S. and Canada raising more than
$150 million so far, funding nearly 1,000 research projects and
providing programs to families affected by childhood cancer. For more
information, visit AlexsLemonade.org.

Contacts

Press Contact:
Britni Coe
bcoe@gregoryfca.com
610-228-2097

Company Contact:
Tracy E. Fauntleroy
tfauntleroy@morganproperties.com
610-945-1531

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