Carmel Partners has closed its sixth real estate-focused investment fund, called Carmel Partners Investment Fund VI. The fund attracted 35 existing and new investors, including several from Europe, and it is valued at $1.025 fund.

“We are pleased to announce the successful closing of Fund VI, which we believe confirms our investors’ confidence in the Carmel value creation strategy,” says Carmel CEO Ron Zeff. Fund VI has made its first investment in Oakland, California.

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