Blog Post

Press Coverage of the Highline 22 Acquisition

July 20th, 2018

Morgenstern Capital’s purchase of Highline 22 has been mentioned in several media outlets.

From the Commercial Observer article:

Rob Morgenstern’s Morgenstern Capital has nabbed roughly $21 million in acquisition financing from Raymond James Bank to fund its purchase of a four-building portfolio in Chelsea, Commercial Observer can first report.

Morgenstern has dubbed the multifamily portfolio Highline 22, which will be managed by the firm’s in-house property and construction management arm Canvas Property Group, Rob Morgenstern said.

From the Multi Housing News article:

Morgenstern Capital’s in-house development and management firm, Canvas Property Group, will execute the changes. The buildings also benefit from more than 7,000 square feet in air rights that may be used for additional development.