Phillip Owens
Carmel Partners
Developer, Owner
1000 Sansome Street, First Floor San Francisco, CA 94111
510 Madison Ave, Suite 800 New York, NY 10022
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
Top Ten Associated Companies:
PCCP (1), Northwestern Mutual Life Insurance (1)
Top Ten Associated People:
Recent activity as signatory:
• Carmel Partners borrowed $153 million from Northwestern Mutual Life Insurance for 1487 1 Avenue on September 07, 2023.
• Carmel Partners borrowed $32.7 million from PCCP for 225 East 63 Street on July 07, 2023.
