San Francisco-based Carmel Partners said Tuesday it had reached final close on Carmel Partners Investment Fund 9, its U.S. multifamily real estate value creation fund. Fund 9 closed at $1.35 billion and has... Read more »
CARMEL-BY-THE-SEA, Calif. — People call it “The Pit.” It’s a massive, unsightly hole in the ground — the site of a construction project in downtown Carmel-by-the-Sea whose previous owners ran out of money... Read more »