Carmel Partners

About Carmel Partners

Carmel Partners is a real estate operator headquartered in First Floor San Francisco, CA. Carmel Partners operates in Denver, Colorado, Honolulu, Hawaii and Los Angeles, California (LA). Its investment focus is on Data-Driven Investing, Multifamily - Core and Multifamily - Ground-up.

Carmel Partners is a privately held real estate investment and development firm headquartered in San Francisco, California. Established in 1996, the company specializes in multifamily residential projects across major U.S. markets. As of 2025, Carmel Partners has developed, renovated, or is in the process of working on over 43,000 apartment units, with an estimated total value exceeding $13.5 billion . The firm employs approximately 200 to 500 professionals and operates offices in Los Angeles, New York, Seattle, Denver, and Washington, D.C. Its vertically integrated platform encompasses investment, development, construction, asset management, and marketing, allowing for comprehensive control over project execution .

Principals at Carmel Partners

Recent activity at Carmel Partners

1 recent signal from the real estate trade press · latest 5mo ago

Carmel Partners's project portfolio

No projects on file for Carmel Partners yet.

Markets and themes

Markets Carmel Partners operates in

• Denver, Colorado
• Honolulu, Hawaii
• Los Angeles, California (LA)
• New York City, New York
• San Francisco - Oakland Bay Area, California
• Seattle, Washington
• Washington DC

Investment themes at Carmel Partners

• Data-Driven Investing
• Multifamily - Core
• Multifamily - Ground-up
• Multifamily - Value-Add
• Workforce Housing

Capabilities

• AIM Attendee
• Asset Management
• Construction Management
• High-Rise
• Mixed Use
• NMHC OpTech Attendee
• Private Equity
• RETCON Attendee
• Site Development

Operators similar to Carmel Partners

• AvalonBay Communities
  Institutional tierSeattle, WashingtonSan Francisco - Oakland Bay Area, California+4 more marketsMultifamily - CoreMultifamily - Ground-up+2 more themes
• CIM Group
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+4 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• Equity Residential
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+4 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• Mill Creek Residential
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+4 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• Simpson Housing
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+4 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• UDR
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+4 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• Greystar
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+3 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• SunCap Property Group
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaDenver, Colorado+3 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• The Michaels Organization
  Institutional tierDenver, ColoradoSeattle, Washington+3 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
• Avanath Capital Management
  Institutional tierSan Francisco - Oakland Bay Area, CaliforniaSeattle, Washington+3 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes

Frequently asked questions about Carmel Partners

What does Carmel Partners do?

Carmel Partners is a privately held real estate investment and development firm headquartered in San Francisco, California.

Where is Carmel Partners based?

Carmel Partners is headquartered in First Floor San Francisco, CA.

What markets does Carmel Partners operate in?

Carmel Partners is active in Denver, Colorado, Honolulu, Hawaii, Los Angeles, California (LA), New York City, New York, San Francisco - Oakland Bay Area, California, and Seattle, Washington.

How many employees does Carmel Partners have?

Carmel Partners has 201–500 employees.