Carmel Partners overview
Stories about Carmel Partners

Carmel closes seventh multifamily fund on $1.28bn – Exclusive
Surpassing its $1bn target, Investment Fund VII will focus on ground-up development in major US markets.
Carmel holds final close on Fund VI - Exclusive
The San Francisco-based multifamily real estate firm has raised its second consecutive real estate fund exceeding $1bn.
Carmel names SVP of investor relations, marketing
The San Francisco-based firm tapped Liz Tennican, a former executive at Watershed Asset Management, for the new role.
Carmel closes Fund V on $1.025bn
After nine months on the fundraising trail, the San Francisco-based multifamily specialist has hit the hard cap for its latest value-added vehicle.
AEW vet joins Carmel as IR head
In a newly-created position, David McWhorter will join the San Francisco-based multifamily specialist as managing partner.
All in the family
Following in his father's footsteps, Carmel Partners founder Ron Zeff has made a name for himself in the multifamily sector. He spoke with PERE about the influence of his father, his company's expansion and why repositioning an asset means more than new carpet and a paint job. By Aaron Lovell
Carmel Partners contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleManaging Partner & CIO | LocationSan Francisco, United States | Email |
| Key Contact | Job titleVice President and Head of Investor Relations, Asia | LocationSan Francisco, United States | Email |
| Key Contact | Job titleSenior Vice President and Head of Investor Services | LocationSan Francisco, United States | Email |
| Key Contact | Job titleVice President, Investor Relations | LocationNew York, United States | Email |
Carmel Partners funds managed
Closed funds: 9
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateMar 2026 | Strategy | |
Fund size | Close dateApr 2023 | Strategy | |
Fund size | Close dateDec 2018 | Strategy | |
Stories that mention Carmel Partners
ABP’s development push is a contrarian play
In investing €1.25bn to build new homes, the Dutch pension fund is becoming an outlier in an increasingly development-shy market.
Deep Dive: Private real estate’s surprise problem child
Default risk in the multifamily sector is growing, catching out some managers and their investors – while creating opportunities for others.
University of Michigan approves $110m in commitments
The US public university has backed a diversified group of three real estate funds.
Chart of the Week: US Fundraising – YTD 2014
US fundraising may face its first dip since 2009
Chart of the Week: Total Capital Raised by Strategy - Q3 2013 to Q3 2014
Opportunity Funds Dip Significantly From a Year Prior
Chart of The Week: Percentage of North American Capital Raised
Market share of North American capital in the past seven quarters.
Boston private
After spending the past decade overseas, Ken Munkacy has joined New Boston Fund as the firm's first COO.
The end of the earth
The end of the earth 2007-01-01 Staff Writer Quotable “Brazil and Mexico are such large economies that they can really support any size player- there are investment opportunitie
