Featuring Peter A. Morgan
Founder and Current CEO / Director of Sales and Investment Decisions
How long have you been involved with MLP?
MLP was formerly Highlander Airport Parking… I started it in March of 1990, when as General Manager of the Highlander Inn, I saw that we had parking spaces and a van and the Manchester airport (at that time) just had a voluntary payment system and open parking. It grew dramatically, as the airport grew and was another great way to introduce our Highlander services to a new audience.
What do you do for MLP?
I lead the Team and guide our growth and progress. We have grown significantly in the last four years, particularly in Affordable Housing. This has brought in new people and new relationships. I am also very involved with our banking connections.
How and why did you become involved with MLP?
When we sold the Highlander complex in 2010, I wanted to re-invent myself and focus on investing in commercial real estate in the Carolinas. Given that I did not plan to live in the Carolinas, this has required a lot of attention to developing key relationships and partnerships with Players in that market. Once we got going, we decided to change our name to Morgan Legacy Partners.
Tell me about your work history and how you got to where you are now.
Going way back… After graduation from the U.S. Naval Academy in 1964, I served as a Naval Officer on active duty for six years. Serving first on destroyers and then shifting to diesel submarines and finally as an Instructor at the Naval Submarine School in New London, Connecticut. Married, with a young son as we left active duty, we choose to attend graduate school at Dartmouth’s Amos Tuck School of Business. This brought us to New Hampshire, where I spent the bulk of my professional career. My focus was on real estate investments, starting with apartments and then in 1967 we opened the Highlander Inn. We ran and owned the Inn for twenty-five years.
What interests you the most about your current role with MLP?
I love business activity, making successful investment decisions, and more recently, in sharing the approaches to financial independence by teaching others what I have learned about the characteristics of successful people and guiding others in the steps to achieve their own, long term financial goals. We do this through Morgan Franklin Fellowship and our Great Idea Trust. Finding solid players with strong ambition and tenacity and then helping them make their ideas into viable long-term businesses. This is a very satisfying experience.
When you are not working, what can we find you doing?
Joan and I have been together now 4+ years and we love to walk as basic exercise (about 2-5 miles a day), play some competitive bridge and I also enjoy golf. I have two children and four grandchildren. They are a lot of fun and we enjoy sharing time and often taking them, one at a time, on designated trips.
Joan and I also really enjoy exploring through travel. In our brief time together, we have been to China, Thailand, Hong Kong, Costa Rica, cruised through the Panama Canal, Italy, the Galapagos, and Peru and Machu Picchu.
Tell us a fun, random fact about yourself!
I was a wrestler in high school and that helped me get my appointment to the Naval Academy, where I also wrestled and lettered my final two seasons.