Morgan Properties Completes $354 Million Acquisition Of Dream Residential REIT
By Amit Chowdhry ● Nov 20, 2025
Morgan Properties has closed a $354 million acquisition of Dream Residential Real Estate Investment Trust, completing a cross-border transaction that privatizes the publicly traded Canadian REIT and expands the company’s national footprint. The deal adds 15 communities totaling 3,300 units across major metropolitan areas in Texas, Ohio, Kentucky, and Oklahoma, marking one of the year’s most significant multifamily consolidations.