Carmel Partners, which recently acquired a 367-acre rental community on Oahu called The Waterfront at Puuloa, said Monday that it has closed its fourth discretionary real estate investment fund with total commitments of $820 million.
San Francisco-based Carmel Partners plans to use the fund to invest in multifamily properties “in the country’s supply-constrained markets with high barriers to entry,” the company said.
Carmel closed in August on a $311 million deal to purchase The Waterfront, a…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/Z_xcUlaaPj0/carmel-partners-plans-to-invest-820m.html
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