How We are Unique

Through our focus on capital preservation, current cash flow, and value creation strategies, Carroll Organization is uniquely positioned for sustainable growth and performance allowing us to take advantage of market opportunities resulting in excellent risk adjusted returns.

 

Fully Integrated Investment Company

Carroll Organization is a fully integrated real estate investment company focused on acquiring and managing high quality multifamily properties. Founded in 2004 by M. Patrick Carroll, the company has acquired, developed or sold over $5.5 Billion of Multifamily properties on behalf of our institutional partners, private investors, and our own principals.

Carroll Organization's investment strategy utilizes our in-house capabilities to unlock value in properties that we perceive to be underperforming and undervalued. Through proactive management, redevelopment, and specific submarket selection, we aim to generate attractive risk adjusted returns.

Core Values

At the core of our company culture is the relentless pursuit of excellence. We can only achieve this goal by doing the right things with focus every day, treating every one with integrity, and approaching all endeavors with passion every time.

Excellence: We know perfection is impossible, but to us, excellence is reaching a level where we constantly set new standards not only for our competition, but also for our team members to surpass.

Focus: Distractions are abundant. We understand what is needed to achieve our goals; every day we stay clearly focused on doing the right things for our residents, employees, partners and investors.

Integrity: We aim to treat every one we come in contact with in a fair, respectful, and honest manner.

Passion: What separates our company from our competitors is our passion for what we do. We enjoy and take personal ownership of our work. Every time we undertake an endeavor, we take pride in delivering a quality finished product deserving of the Carroll brand.

History

Carroll Organization has experienced thoughtful and consistent growth since its founding. Beginning as a development company, the company has evolved into an owner and operator of high-quality multifamily real estate with a vertically integrated operating platform. Carroll Organization has completed numerous developments and acquisitions along with successfully acquiring three property management companies.

Here are a few of the milestones in Carroll Organization's history:

Timeline

2017

2017

  • Held Initial Closing for Carroll Multifamily Real Estate Fund V in the 4th quarter of 2017
  • Acquired 12 multifamily properties (4269 Class A and B+ units)
  • Successfully exited ARIUM San Remo in Coral Springs, FL
  • Successfully exited ARIUM Hunterscreek in Orlando, FL
  • Successfully exited ARIUM Metrowest in Orlando, FL
  • Successfully exited ARIUM Falcon Pines in Orlando, FL
  • Successfully exited ARIUM Falcon Pines in Orlando, FL
  • Successfully exited ARIUM 41 in Marietta, GA
  • Successfully exited ARIUM Resort in Pembroke Pines, FL
  • Successfully exited ARIUM Atlantic Beach in Atlantic Beach, FL
  • Successfully exited ARIUM Bartram Park in Jacksonville, FL

2016

2016

  • Acquired 15 multifamily properties (5,015 Class A and B+ units)
  • Disposed 20 multifamily properties (6,134 units)
  • Closed Carroll Multifamily Real Estate Fund IV in the 4th quarter of 2016
  • Successfully exited ARIUM Pineville in Charlotte, NC
  • Successfully exited ARIUM Citrus Park in Tampa, FL
  • Successfully exited ARIUM Research Triangle Park in Durham, NC
  • Successfully exited ARIUM East Cobb in Atlanta, GA
  • Successfully exited ARIUM Riverside in Atlanta, GA
  • Successfully exited ARIUM Fall Creek in Humble, TX
  • Successfully exited ARIUM Bay Pointe in Tampa, FL
  • Successfully exited ARIUM Links in Savannah, GA
  • Successfully exited Carroll at Shadow Creek Ranch in Pearland, TX
  • Successfully exited ARIUM Danforth in Jacksonville, FL
  • Successfully exited ARIUM Grand Lagoon in Panama City, FL
  • Successfully exited ARIUM Parkside in Murfreesboro, TN

2015

2015

  • Carroll Organization celebrates ten years anniversary
  • Acquired 20 multifamily properties (6205 Class A and B+ units)
  • Launched Carroll Multifamily Real Estate Fund IV in the fourth quarter of 2015
  • Successfully exited Carroll at Green Trails in Houston, TX
  • Successfully exited ARIUM Edgewater in Webster, TX
  • Successfully exited ARIUM Trellis in Savannah, GA
  • Successfully exited ARIUM Barber Park in Orlando, FL
  • Closed Carroll Multifamily Real Estate Fund III in the third quarter of 2015
  • Launching Carroll Multifamily Real Estate Fund IV in the fourth quarter of 2015

2014

2014

  • Acquired 15 multifamily properties (5563 Class A and B+ units)
  • Successfully exited ARIUM Briar Forest in Houston, TX
  • Successfully exited Carroll at Bethesda Park in Lawrenceville, GA
  • Recapitalized ARIUM Sweetwater
  • Recapitalized Carroll at Shadow Creek Ranch
  • Recapitalized ARIUM Fall Creek
  • Successfully exited ARIUM Tech ridge in Austin, TX
  • Successfully exited ARIUM Westheimer in Houston, TX
  • Successfully exited ARIUM Westheimer Villas in Houston, TX
  • Successfully exited ARIUM McAlpine Creek in Charlotte, NC

2013

2013

  • Closed Carroll Co-Invest Fund II in the second quarter of 2013
  • $192M of equity raised through Carroll Sponsored funds, joint venture partnerships, and separate accounts
  • Acquired 22 multifamily properties (8393 Class A and B+ units)
  • Launching Carroll Multifamily Real Estate Fund III

2012

2012

  • Closed Carroll-Co Invest Fund I in the first quarter of 2012
  • $45.4M of equity raised through Carroll Sponsored funds and joint venture partnerships
  • Started Carroll Co-Invest Fund II in the second quarter of 2012
  • Acquired 8 multifamily properties (2600 Class A and B+ units)

2011

2011

  • Opened Carroll Co-Invest Fund I in the second quarter of 2011
  • Acquired 4 multifamily properties (450 Class A and B units)

2010

2009-2010

  • Acquired Affordable Realty Management – Alpharetta, GA
  • Acquired Hediger Enterprise - Greenville, SC
  • Acquired Miles Properties (Management Company) - Atlanta, GA

2008

2005-2008

  • Development of Villas - Highlands, North Carolina
  • Multiple Infill Residential Developments - Atlanta, GA
  • Residential Developments - Greenville, SC
  • Development of Retail Shopping Center - Greenville, SC
  • Development of mixed use community - Boone, NC (Student Housing/20,000 sq. ft. retail space)
  • Development of student housing multifamily community - Boone, NC
  • Successfully sold multifamily and retail portfolio

2004

2004

Carroll Organization was founded by M. Patrick Carroll in 2004 with initial investments in Georgia and Florida