The Difference Between Builders and Creators

Many firms are capable of building a multifamily property. At Carmel, we have a wealth of construction experience and can build with the best of them. That said, we believe we are well positioned to do something greater: create value.

 

Creativity is transformative. It changes things. It’s at the core of who we are. It’s brought to a fine focus through our vertically integrated platform of expertise. It’s applied at every opportunity during our process, from groundbreaking to fund management. We have built ourselves to be creators of value, to benefit all who partner with us.

Fund I Description

Fund I, a 2004 vintage Fund with equity commitments of $215 million, executed an investment strategy targeting six core markets. The Fund I portfolio includes 17 multifamily assets totaling 5,135 units, representing a mix of renovation, development, and debt strategies. Liquidation of Fund I is substantially complete.

Fund IV Description

Fund IV, a 2011 vintage Fund with equity commitments of $820 million, executed an investment strategy targeting five core markets. The Fund IV portfolio includes 21 multifamily assets totaling 6,445 units, representing a mix of renovation, development, and debt strategies.

Fund V Description

Fund V, a 2014 vintage Fund with equity commitments of $1.025 billion is executing an investment strategy targeting six core markets. The Fund V portfolio includes 8 multifamily assets totaling 4,388 units, representing a mix of renovation, development, and debt strategies.