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Morgan properties
Morgan Properties started in August of 2011, when it began purchasing foreclosed single family homes and renting them out in the greater Phoenix Metropolitan area. Peter and Laura saw a direct dislocation in purchase price and the corresponding achievable yields when compared to replacement costs of single family homes. Morgan Properties purchased, rented and inevitably sold over 200 individual units as well as many small 4-20 unit apartment complexes.
Morgan Properties has since moved to ground up development of Single Family Attached (SFA) townhouses under it’s brand Halcyon. (See Below)
Halcyon
Morgan Projects is currently developing two communities under the Halcyon Brand. Halcyon is a brand devoted to ground up residential development of single family attached townhouses for sale and for rent. Halcyon was founded in November 2018 when Morgan Projects identified a gap in the housing market: quality, new build construction sub $400k in areas close to city center. Halcyon's first 14 units are being built for sale and are expected to be delivered in November 2019. Halcyon's second 20 units are being built for rent and are expected to be delivered Q4 2020.
Reformed pilates
Reformed Pilates (Reformed) is a boutique fitness concept that fuses the classical elements of Pilates including balance, flexibility, and core strength with interval training to provide clients of all ability levels with a full body workout. Reformed differentiates itself through its brand and aesthetic as well as its proprietary class structure, routines, and instructor training and development. Reformed opened its first location in June 2013 in the Arcadia neighborhood of Phoenix, AZ. In the past eleven years, it's grown from one to eleven units throughout the valley. Reformed Pilates has slated an additional 6 studios in the Phoenix area and will begin expansion into new markets in 2025 with the goal of 50 studios in the next 5 years.