Firm

Morgenstern Capital is an entrepreneurial real estate investment firm and operator of New York City multifamily and mixed-use properties. Founded in 2014 by Robert Morgenstern whose ownership experience includes acquiring over 800 apartments worth more than $500 million. Morgenstern Capital utilizes a disciplined approach and proven proprietary strategies to source off market transactions, analyze and acquire underperforming assets and produce outsized risk adjusted returns to its investors.

Critical to the firm’s success are three fundamentals learned and honed over years of experience with some of the industry’s leading institutional equity partners, lenders, and business partners. Passion, Experience, and Integrity guide all investment decisions, the firm’s financial & ethical principles, and its daily enthusiasm for creating unique communities in carefully selected submarkets in the greatest city in the world. Doing only what they know best, and avoiding what it doesn’t, allows Morgenstern Capital to operate as a leading multifamily investor.


Strategy

Morgenstern Capital has a business philosophy to pursue a very specific asset, both in property type and location. Utilizing an intense data-driven market selection approach, extensive sourcing relationships, and the ability to call on a wide range of capital partners to act quickly when opportunities arise, has allowed the firm to successfully execute on opportunities that fit its core competency. Each transaction is capitalized separately with conservative leverage, allowing maximum flexibility.

Morgenstern Capital is actively developing a portfolio catering to professionals looking for transit oriented apartments laden with technology-driven amenities with an outsized focus on design usually reserved for ground-up luxury homes. Geographically, Morgenstern Capital targets assets in core Manhattan, North Brooklyn and certain prime Queens locations. [View Portfolio Map]

Morgenstern Capital’s in house construction & asset management teams have renovated over 500 apartments in the last 5 years. This experience helps guide our underwriting and manage the reconfiguration of apartment layouts to add efficiencies wherever feasible. We are fastidious about utilizing the best available technology to improve the lives of our tenants; turning limited service buildings into ‘Smart Communities’.

Morgenstern Capital is always looking for opportunities. If you would like to communicate with the acquisitions team, email info@morgensterncap.com.