Our Team

Rigorous Creativity

Using rigorous creativity, we thrive within the most competitive multifamily real estate markets in the United States. Our team brings it to every project, every day. The big ideas. The elegant details. It all works together, driven by an entrepreneurial mindset and strategic process.

Get to know the experts who locate opportunities and unlock value by bringing their visions to life.

Data Science & Research

  • Paul Morgan Headshot Sq

    Paul Morgan

    SVP, Head of Data Science & Research

Paul Morgan

SVP, Head of Data Science & Research

Paul Morgan joined Carmel in 2023 and is a Senior Vice President and the Head of Data Science & Research. He is a 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.

Prior to Carmel, Mr. Morgan was at Essex Property Trust, 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. Mr. Morgan 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 received a Bachelor of Arts degree with honors in economics from the University of Wisconsin-Madison and a Master of Arts degree in economics from Princeton University, where he was a Research Fellow of the National Science Foundation and the Mellon Foundation.