Carmel Closes 4th Real Estate Fund With $820M In Assets
The firm said it closed the fund, known as Carmel Partners Investment Fund IV, after reaching an $820 million hard cap. The fund will follow Carmel's overall investment strategy of value-added investing in multifamily properties in the U.S. The closing exceeded Carmel's fundraising target by 17.1 percent.
The exact date of...
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