CARROLL, one of the country’s leading privately-held real estate companies announced the 1st closing for its 6th investment vehicle, Carroll Multifamily Venture VI, L.P. with an expected total size of ~$150 million. This sixth vehicle will be its largest ever, surpassing its $60 million in the fifth vehicle.
Carroll Organization, a national real estate investment company, announced today that it has acquired its final property for Carroll Multifamily Real Estate Fund V, L.P. (“Fund V”), The GoodWynn at Town Brookhaven in Atlanta, GA, and has subsequently ended the fund’s investment period.
Carroll Organization, one of the country's leading privately-held real estate companies focused on multifamily investment, management, and development announced today that it completed the sale of Sovereign Apartments in Fort Worth, TX and Sorrel Phillips Creek Ranch in Frisco, TX. These properties were a part of Carroll Multifamily Real Estate Fund III, LP.
Carroll Organization, one of the country's leading privately-held real estate companies focused on multifamily investment, management, and development announced today that it has acquired a three-property, 903-unit portfolio including Hawthorne at Mooresville in Charlotte, NC, Hawthorne Wildwood in Atlanta, GA, and Hawthorne South Oaks in Nashville, TN. All three properties will be a part of Carroll Multifamily Real Estate Fund V, LP, managed by Carroll Management Group, and rebranded under the "ARIUM" name.
To date, Carroll has successfully exited sixty-three assets valued over $2.9 billion, including this transaction. The investments have produced an average IRR of 30%. Since 2018, Carroll has now sold twenty-three properties totaling over $1.0 billion and purchased thirty-one properties totaling over $1.6 billion.
Carroll has now purchased thirty properties totaling over $1.5 billion since 2018 and is continuing to actively purchase high-quality multifamily communities in the Southeast and Southwest, and other strategic target markets across the country. Carroll sourced many of its deals “off-market” directly from developers and owners and is recognized in the industry as a best in class renovator and operator.