Founded in 1996, Carmel Partners is one of the nation’s leading specialists in real estate investment management, with expertise in the investment, development, and construction of luxury multi-family real estate. Here at Carmel, we don’t just build and invest in buildings; we build and invest in careers 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, built, renovated, or developed more than 43,000 apartment units with an estimated value in excess of $13.5 billion. Headquartered in San Francisco, with regional offices in Los Angeles, New York, Seattle, Denver, and Washington, D.C.
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The Carmel Partners annual revenue was $182.4 million in 2026.
Duane Carlson is the President of Construction of Carmel Partners.
237 people are employed at Carmel Partners.
Carmel Partners is based in San Francisco, California.
The NAICS codes for Carmel Partners are [53139, 53, 531190, 53119, 531, 531390, 5313, 5311].
The SIC codes for Carmel Partners are [65, 653].