Carmel Partners appoints Hilberg as investments head

Carmel Partners, a multifamily property investment firm, has named Trey Hilberg as head of investments. Hilberg joined Carmel in 2004 as a senior vice president.


San Francisco, July 19, 2017 – Carmel Partners (“Carmel”), the U.S. multifamily property investment specialist which closed its $1.025 billion Fund VI at the end of 2016, announced the appointment of Trey Hilberg as Head of Investments. Trey, who is a Senior Vice President, joined Carmel’s Investments Team in 2004 and was appointed Interim Head of Investments earlier this year. Trey will lead the Investments Team which is responsible for identifying and evaluating new acquisition opportunities in Carmel’s target markets–the San Francisco Bay Area, Southern California, Denver, Seattle, Honolulu, Washington, D.C. and New York. Additionally, the Investments Team is responsible for the disposition of existing assets.

“Trey has spent his entire career in real estate and brings deep experience and a strong track record to this role. During his tenure at Carmel, Trey has led or participated in 130 transactions valued at approximately $4 billion,” said Mike LaHorgue, President of Carmel, to whom he will report. “As Interim Head of Investments, Trey has shown tremendous skill and energy, and I am very pleased that he has agreed to assume the Head of Investments role on a permanent basis.”

Prior to joining Carmel Partners, Trey was a Broker with Marcus and Millichap in Denver, CO and an Asset Manager at Torrey Pines Property Management in San Diego, CA. He graduated with a Bachelor of Arts degree in Finance from the University of Colorado, Boulder.

About Carmel Partners
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. Carmel seeks superior risk-adjusted returns across varying market cycles, executed through its vertically integrated platform in supply-constrained, high barrier-to-entry markets in the U.S. Since the firm’s founding, Carmel has bought and renovated or developed, or is in the process of renovating or developing, more than 36,000 apartment units with an estimated value in excess of $10 billion. Headquartered in San Francisco, Carmel has offices in Denver, Los Angeles, New York, Seattle and Washington, D.C. For more information please visit