Carmel Partners appoints Tennican as investor relations and marketing SVP

Carmel Partners has hired Liz Tennican as a senior vice president of investor relations and marketing. Previously, Tennican worked at Watershed Asset Management where she served as managing director and head of investor relations and business development.

PRESS RELEASE

San Francisco, October 25, 2016 – Carmel Partners (“Carmel”), the multifamily property investment specialist in major markets around the U.S., announced that Liz Tennican has joined the firm as Senior Vice President of Investor Relations and Marketing, a new position. She is based in Carmel’s San Francisco headquarters.

“Liz has a superb 20-year track record as a strategic leader in investor relations, business development and marketing,” said Michael LaHorgue, President of Carmel to whom she will report. “We are delighted that she has joined our IR team to work with existing and prospective investors, and lead marketing and communications for Carmel.”

Most recently Ms. Tennican was Managing Director at Watershed Asset Management and Head of IR and Business Development. Previously, she was a Managing Director and Head of U.S. Institutional Sales at BlackRock’s iShares where she built the team and strategy and developed multiple unique solutions-based approaches for large institutional clients. Prior to that, she headed the Institutional Consultant Resource Group at Barclays Global Investors. Ms. Tennican received a B.A. degree in Economics from Stanford University and an M.B.A. degree from Stanford Graduate School of Business.

About Carmel Partners
At Carmel Partners, we are entrepreneurs and multifamily real estate experts. We seek superior risk-adjusted returns across varying market cycles by adhering to a philosophy of specialization in U.S. multifamily investments, executed through a vertically integrated platform. Our forward-looking and disciplined process helps us identify and execute compelling investment opportunities. Since our founding in 1996, Carmel Partners has bought and renovated 22,525 apartment units with a total market value of $5.0 billion and has developed, or is in the process of developing, 13,839 apartments units with projected project costs of $4.5 billion. Headquartered in San Francisco, Carmel has offices in New York, Los Angeles, Irvine, Seattle, Washington, D.C., Denver and Honolulu. For more information please visit www.carmelpartners.com