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Morgan Group Hires CFO

HOUSTON-The Morgan Group has brought Stanley D. Levy on board as executive vice president and CFO. He had been with JP Morgan Chase Co. as a managing director. Part of his job will be to help find strong multifamily markets for more projects.

By Jennifer Brenner Andrade | Updated on May 02, 2001

HOUSTON-The Morgan Group Inc., a Houston-based luxury apartment developer, has named Stanley D. Levy as executive vice president and CFO.

Levy tells GlobeSt.com that he will help the developer pursue markets with strong job growth to bolster its multifamily property portfolio. The Morgan Group will continue to be “very selective with respect to the sites we elect to pursue,” he emphasizes.

There are 1,900 units slated for start-up this year in Atlanta, Denver and San Diego. There also are other projects in various development stages, including Memorial Heights, a 437-unit complex in the chic, historic heights section of Houston. Levy says Memorial Heights affirms the developer’s commitment to Houston’s market.

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