Sector Focused, Strategically Flexible
Carmel targets the nation’s most desirable, supply-constrained, and competitive markets. Within them, we stay attuned to specific market conditions and use our strategic flexibility to adeptly migrate to the most attractive opportunities at the decisive moment. For us, our nimbleness complements our ability.
Our Investments and Development professionals use informed vision to identify attractive or overlooked opportunities in supply-constrained markets.
Our onsite due diligence teams and local Asset Managers use property-specific knowledge to purchase under-performing assets. We then unlock value, driving demand by reaching the desired resident demographic through our process of aligned renovation and repositioning strategies.
We build value with our Development and Construction Management professionals, who have the breadth of experience to expertly navigate design implications and costs while coordinating a symphony of subcontractors.
We optimize value with our Asset Management professionals, who implement a detailed business plan for each property to maximize the potential of all operating assets in Carmel’s portfolio.
We generate demand through specific brand strategies and the inspired creativity of our experienced Marketing department.
In short, every asset we own is expertly identified, acquired, and managed to optimize its value creation potential.
Dedicated Development and Construction Team
- Executes the full range of the development process, collaborating seamlessly every step of the way
- Ensures efficiency and a high level of craftsmanship through in-house construction management
- Manages the developed asset to optimize financial and operating performance
Dedicated Acquisitions Team
- Acquires existing underperforming assets
- Renovates and repositions properties through capital improvements and rebranding
- Manages the redeveloped asset to optimize financial and operating performance
Dedicated Debt Investments Team
- Opportunistically pursues select high-yield multifamily debt investments, where Carmel’s platform and proprietary modeling enable us to manage risk effectively
The Carmel C: Rigorous Creativity In Action
Carmel has expertise in three value creation strategies: Development, Renovation, and Debt. Once an investment is made, we begin executing a Development or Renovation business plan that can be described by the “Carmel C,” a defined process to monitor and communicate decisions and progress.
We believe our ability to control the development or renovation process from start to finish is critical to the efficient deployment of capital, the quality of our craftsmanship, and the effective management of assets through stabilization and realization.