Current Responsibilities – Patrick Carroll is the founder and CEO of CARROLL. As CEO, M. Patrick Carroll defines and implements strategic plans designed to further expand CARROLL's existing platforms. He infuses a hands-on approach to guide every aspect of the company leveraging his diverse real estate investment experience, asset management expertise, and overall industry knowledge. This approach, along with an aggressive acquisition strategy, led to the national growth and rapid success of CARROLL.
Relevant Experience – Patrick Carroll started his real estate investment and development career in December of 2004, founding CARROLL and investing in residential properties in Georgia and Florida. Following these initial investments, M. Patrick Carroll developed several residential communities in Georgia, North Carolina, and South Carolina. With the success of those residential developments, he turned his focus to commercial real estate development and investment, successfully developing a retail shopping center, a mixed-use property, and student housing. In 2008 M. Patrick Carroll successfully sold his development projects.
In 2009, M. Patrick Carroll acquired three property management companies; creating a 20,000 unit Property Management Infrastructure for CARROLL. In 2010, in partnership with Institutional Investors, CARROLL began acquiring Multifamily Properties throughout the Southeast and Texas. To date, Carroll has successfully acquired over $6.9 Billion in Multifamily Properties, as well as successfully exited seventy of these properties; resulting in $3.3 Billion in sales proceeds and producing an average gross realized IRR of ~28%.
Education/Affiliations – Patrick Carroll is an active supporter of Jesuit High School in Tampa, FL, Academy of the Holy Names in Tampa, FL, The Boys and Girls Club of Tampa Bay.
Patrick Carroll is currently a member of the National Multifamily Housing Council, and the Urban Land Institute.