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 stake. The four buildings combine for 21,000 square feet, 17 residential units, three commercial units…
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 the same equity partners that I worked with on my very first deals. Repeat capital…
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 Group, Al Tylis, to launch a new investment vehicle targeting multifamily buildings in New York…