Apollo co-founder Harris teams up with Morgenstern for multifamily buying spree – Robert Khodadadian

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 and other top-tier cities. The joint venture, Canvas Investment Partners, will look to buy between $1 billion and $1.5 billion

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Apollo global management, Multifamily Market The Real Deal New York Read More