Debevoise Advises Carmel Partners on the Formation of a $1.025 Billion Real Estate Fund

23 January 2017

Debevoise & Plimpton LLP has advised Carmel Partners in connection with the formation of its latest U.S. multifamily real estate value creation fund, Carmel Partners Investment Fund VI. The fund successfully closed with $1.025 billion in capital commitments.

Founded in 1996, Carmel Partners is one of the nation’s leading specialists in real estate investment management, focusing on U.S. multifamily development and construction. Debevoise also served as lead counsel for Carmel during the formation of Carmel Partners Investment Funds III, IV and V.

The Debevoise team included partners Jonathan Adler and Peter A. Furci and associates Erin Cleary, Stephen J. Kozey and Adam M. Namm.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.