Carmel Partners announced the final close of Carmel Partners Investment Fund 8, its U.S. multifamily real estate value creation fund. Fund 8 exceeded its target size of $1.5 billion.
A wide array of U.S. and international investors piled into the oversubscribed vehicle. San Francisco-based Carmel Partners has closed Carmel Partners Investment Fund 8, its largest fund to date, at $1.58 billion.
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