Phillip Owens

Carmel Partners

Developer, Owner

1000 Sansome Street, First Floor San Francisco, CA 94111

510 Madison Ave, Suite 800 New York, NY 10022

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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:

William R. Lindsay (1)

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.

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