CARMEL PARTNERS COMPLETES THREE MULTIFAMILY TRANSACTIONS

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SAN FRANCISCO — San Francisco-based Carmel Partners Inc. has completed three transactions in Northern California, Hawaii and Southern California. Carmel Partners Investment Fund II LP invested in the 205-unit Grosvenor Suites in San Francisco, the 857-unit Kukui Gardens in Honolulu and the four-property, 153-unit Westwood Collection in Los Angeles. Terms of the transactions were not disclosed.

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