News

Robert Morgenstern’s Canvas Property Group sold four properties in Chelsea for $23 million. PincusCo reported the buyer is a collection of wealthy individuals. Meadow Partners, which held a stake in the buildings prior to this transaction, will retain an ownership...

Relationships are key. I can’t stress this enough. Success in real estate boils down to unrelenting hard work and strong, lasting relationships. Having founded multiple successful companies in the multifamily business over the years, I am still continuing to invest with...

Apollo Global Management co-founder Josh Harris is teaming up with multifamily investor Robert Morgenstern to buy more than $1 billion worth of apartments. The private equity titan’s family firm, HRS Management, joined Morgenstern and his partner at their Canvas Property...

Canvas Property Group, an entrepreneurial, tech-focused property, construction and asset management firm specializing in New York City multifamily real estate, recently announced that INSTRATA Brooklyn Heights and INSTRATA Park Slope are officially 100 percent leased. The two full-service luxury buildings...

Robert Morgenstern wears many hats. He is the founder and strategic leader of Canvas Property Group, a property, construction and asset management firm with a portfolio of 40 mixed-use properties in New York City plus third-party management assignments. He is...

New York City’s real estate market boomeranged in the second half of 2021: Renters and buyers returned to the city and snapped up apartments. Thanks to that burst of demand, Covid discounts and concessions nearly evaporated as owners and sellers...

The NYC-based firms will remain separate entities but will collaborate to find the best solutions in multifamily technology, reporting and management. Canvas Property Group, an entrepreneurial, tech-focused property and asset management company specializing in multifamily real estate in the Northeast...

Always accept feedback. Allow for a transition period but also take into account what is working and what is not. This understanding of how one process may not be what is best will allow for your company to gain greater...

Utilizing technology, we’ve changed the entire way we operate multifamily real estate, and therefore how our investors and clients interact with the reporting we produce. We have spent the last 18 months designing software that allows a look into the...

Expect battles over real estate taxes, an influx of younger renters and bulk buyers Housing markets in other parts of the country have been seeing record high prices and an increase in demand in 2020 — but not so in...