Carmel Partners Reviews

4.0

57% would recommend to a friend

(103 total reviews)

Ron Zeff

99% approve of CEO

45% positive business outlook

Carmel Partners has an employee rating of 4.0 out of 5 stars, based on 103 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Carmel Partners employee rating is in line with the average (within 1 standard deviation) for employers within the Real estate industry (3.8 stars).

Reviews by job title

103 reviews
1.0
19 July 2015

Flawed and Directionless

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The company develops impressive communities in large markets. There are also many strong employees in key areas, but their contributions are often marred and go unrecognized due to poor management structure and a dog-eat-dog culture.

Cons

Carmel's structure changes every year. Each fund usually cancels past efforts in order to concentrate on initiatives that are unthoroughly planned, poorly communicated and usually a troublesome idea. Carmel was once a company with a strong Residential Management Department, but after lacking experienced leadership, this once-great department is being outsourced, causing further turmoil in what was previously a great company. This all boils down to what is felt as shaky foundation for a company that was once a great place to work for.

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Carmel Partners Response
10y
Thank you for taking the time to post your review of Carmel. We are sorry to learn of your changed view of the Residential Services team and Carmel as a whole. We work to ensure all associates know how much their contributions are valued and that their hard work is truly appreciated. As you mentioned, Carmel seems to be in a state of constant change which is not unique to the real estate industry. We are in the midst of some of the biggest change we have seen in a while and with it, smooth processes can get shaken up. If you are comfortable discussing further or have specific suggestions, please reach out to your former HR representative as we are always looking for ways we can improve.
1.0
6 June 2013

Negative reviews are sad but true.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

New and renovated communities are really nice and well appointed. Lots of attention to detail and residents are willing to pay more for these nice units. In each of the departments there are great managers and employees. The best departments are training, marketing and IT. They seem to be the heart of the company and help to keep onsite staff motivated better than Sr. Management. Regarding the review about harassment below. I am not doubting it but wanted to mention that all of my experiences with HR in SF and Denver has been 100% positive. The HR team is supportive and do what they can to help.

Cons

The COO in SF has created a negative work environment that encourages back stabbing and exclusion. Sr. Management in Denver has no clue what is going on and spends most of their time bad mouthing Sr. Management in SF. The NVP in Denver is in the middle of all gossip and offers no help or support for the onsite teams. The onsite teams dread her visit because of the negativity and gossip. Everyone in the company can feel the tension between the two offices.

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Carmel Partners Response
11y
Thank you for offering your comments. We agree that there are a lot of great departments at our company that provide support and motivation to our teams. We are sorry to hear that you don’t feel the same about our senior leaders. Through our various communication vehicles, like our employee engagement survey and our confidential comments and suggestions box, we try to stay abreast of the concerns of our associates and work towards strengthening our corporate culture from the top down. We are very optimistic about the future of Carmel. If you would like to speak further about your comments above, please feel free to contact the Human Resources department. We are always looking for ways to improve our communication.
2.0
10 Jan 2014

Carmel Partners does not treat its employees well.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Relatively large multifamily owner and manager. Presence on east and west coasts.

Cons

This company is all about filling an immediate need no matter how temporary. They will lure you away from your current opportunity with a higher salary. Then as soon as market conditions shift they quickly sell of large portfolios and leave you without a job. They have a core group of individuals who have been there a long time but most of the staff is disposable and changes frequently.

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Carmel Partners Response
11y
We appreciate you taking the time to express your concerns. The property management industry is unique in that long term investments are uncommon. As a result, we work to ensure all of our associates are made aware of our business model which involves cycles of acquisitions and dispositions. Transparency is important at Carmel and we do our best to keep teams informed of upcoming plans on current assets as early as possible. We always look for the opportunities to retain our associates after a property sale closes, but unfortunately it is not always feasible.
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Glassdoor has 115 Carmel Partners reviews submitted anonymously by Carmel Partners employees. Read employee reviews and ratings on Glassdoor to decide if Carmel Partners is right for you.