Carmel Partners
Lender
1000 Sansome Street, First Floor San Francisco, CA 94111
510 Madison Ave, Suite 800 New York, NY 10022
People:
Carmel Partners NYC portfolio
$1.5 billion -development 65%, condo 20%, mixed-use 13%; Queens 41%, Manhattan 35%, Brooklyn 23%*
146th largest portfolio by dollar value
674,083 sqft – condo 97%, mixed-use 1%; Manhattan 99%
685th largest by SF
14 properties – Manhattan 64%, Brooklyn 21%, Queens 14%
725th largest
2,370 residential units – Queens 39%, Manhattan 36%, Brooklyn 24%
139th largest by residential units
Company Activity past 24 months:
Buyer company: 5 for $241.2 million
Seller company: 1 for $45 million
Top Ten Associated Companies:
Wells Fargo (2), Stockbridge Capital Group (1), Stonehenge NYC (1), Goldman Sachs (1), PCCP (1), Pontegadea (1), PNC Bank (1), Brookfield Properties (1), Northwestern Mutual Life Insurance (1), AYA Acquisitions (1)
Top Ten Associated People:
Mark Carlson (1), Daniel Alger (1), Chinar Mithani Starck (1), William R. Lindsay (1), Patricia Alonso Gonzalez (1), Thomas Murta (1), Amir Shriki (1)
Recent activity as company:
• MetLife sold 775 Columbus Avenue, Upper West Side, Manhattan for $15 million to Carmel Partners on May 07, 2026.
• MetLife sold 795 Columbus Avenue, Upper West Side, Manhattan for $43.5 million to Carmel Partners on May 07, 2026.
• MetLife sold 801 Amsterdam Avenue, Upper West Side, Manhattan for $24 million to Carmel Partners on May 07, 2026.
• MetLife sold 805 Columbus Avenue, Upper West Side, Manhattan for $18.8 million to Carmel Partners on May 07, 2026.
• MetLife sold 808 Columbus Avenue, Upper West Side, Manhattan for $140 million to Carmel Partners on May 07, 2026.
• Carmel Partners ground leased 225 East 63 Street valued at $45 million to AYA Acquisitions on November 26, 2024.
• Carmel Partners borrowed $153 million from Northwestern Mutual Life Insurance for 1487 1 Avenue on September 07, 2023.
• Carmel Partners borrowed $233 million from Goldman Sachs for 48 Crown Street on August 02, 2023.
• Carmel Partners borrowed $32.7 million from PCCP for 225 East 63 Street on July 07, 2023.
• Carmel Partners sold 19 Dutch Street for $487.5 million to Pontegadea on September 23, 2022.
Latest Stories:
• Domain, Vorea sign $127.6M loan for 254-unit project in Gowanus (September 10, 2025)
• Grubb ups debt to $129.4M with Maxim at 462-unit project in FiDi (July 03, 2025)
• AYA pays $45M to Carmel for 151-unit rental in Lenox Hill (December 20, 2024)
• Grubb Properties signs $67.5M refi with Maxim Capital for dev parcel in FiDi (May 23, 2024)
Properties: