Trey Hilberg is SVP, Head of Investments at Carmel Partners.

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, construction and asset repositioning. 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 www.carmelpartners.com.

Trey Hilberg is currently SVP, Head of Investments and since he joined Carmel Partners in 2004 he has led or participated in 130 transactions totaling more than 25,000 units with a total capitalization of $4.5B.