Paul Morgan

Paul Morgan joined Carmel in 2023 as a Senior Vice President, Head of Data Science & Research, and a voting member of the Investment Committee. He leads a department that combines innovative techniques in data science and proprietary research to drive differentiated insights for Carmel’s investment strategy.

Mr. Morgan was previously at Essex Property Trust (ESS) where he spent six years, most recently as a Senior Vice President and Head of Portfolio Strategy & Analytics. At Essex, he built a department responsible for portfolio strategy leveraging advanced predictive analytics, and previously created and led the company’s Data Science division and its Analytics Academy. Paul brings a deep background in real estate research and data analytics and has held senior research roles over two decades on Wall Street including Morgan Stanley where he served as the company’s U.S. Real Estate Strategist. Mr. Morgan began his career conducting economic research at the Federal Reserve Board of Governors in Washington, D.C.

Mr. Morgan holds a Master of Arts in economics from Princeton University, where he was a Research Fellow of the National Science Foundation and the Mellon Foundation.