Founded in 1996, Carmel Partners is one of the nation’s leading specialists in real estate investment management, focusing on U.S. multifamily development and construction, and opportunistically, debt.

Carmel seeks superior risk-adjusted returns across varying market cycles, executed through its vertically integrated platform in supply-constrained, high barrier-to-entry markets in the U.S. 

Since the firm’s founding, Carmel has bought and renovated or developed, or is in the process of renovating or developing, more than 43,000 apartment units with an estimated value in excess of $13.5 billion. Headquartered in San Francisco, Carmel has offices in Los Angeles, New York, Seattle, Denver and Washington, D.C. 

Investment Management

Real Estate

Construction

Carmel Partners

Ron Zeff

Melanie Flaherty

Paul Morgan

Brandy Fulton

Bryan Crane

Jenny Zhang

Liz Tennican

Dan Garibaldi

Matt Golden

The Development and Construction Team at Carmel Partners is responsible for overseeing the entire lifecycle of multifamily real estate projects, from initial concept and site selection to construction and project delivery. This team collaborates closely with various stakeholders to ensure projects are completed on time, within budget, and to the highest quality standards, while also maximizing risk-adjusted returns in competitive markets. Their expertise drives the successful execution of Carmel's development strategy, enhancing the firm’s portfolio and reinforcing its leadership in the multifamily sector.

Development and Construction Team

Project Management

Leadership Team

Finance and Accounting

Development and Construction Team

About

Team members

Other teams at Carmel Partners

Project Management

Leadership Team

Finance and Accounting