Canvas Property Group
Robert is the Founder and Managing Principal of Canvas Property Group (“CPG”), a New York City-based property and asset management company focused on multifamily assets in and around the NYC. Canvas offers data-driven, technology-based solutions for the portfolio it manages on its own behalf as well as a growing institutional third-party client base. In his role as Principal, Morgenstern oversees operations and directs the firm’s business development and strategic decisions. Through use of the Canvas proprietary software suite, Canvas Lens, clients are able to capitalize on a unique analytical reporting package that provides far more intuitive and transparent information than a traditional property management firm. Canvas Lens was created to implement the best PropTech solutions for today’s multifamily operations, while bringing peak value to our 3rd party management clients.
Robert is also the Principal and Founder of CPG’s real estate investment affiliate, Morgenstern Capital. With a focus on value-add multifamily opportunities in Manhattan, Brooklyn, and Queens, Morgenstern has owned, operated and managed over 50 properties with more than 1,250 units and value in excess of $750 million. He is actively pursuing deals in local markets and high-growth areas of the Southeast.
In 2019, Morgenstern launched Finished Canvas, a flexible stay, furnished rental business . Finished Canvas offers turn-key, newly-renovated apartments with flexibility to lease for as little as 45 days. These apartments come with utilities & Wi-Fi included, outfitted kitchens, luxury linens and bedding. The lease term flexibility and ability to avoid paying security deposits, buying costly furniture and more makes Finished Canvas an exciting opportunity to cater to changing demographic desires as next generation tenancy seeks asset light living.