2016 News

Carroll closes latest multifamily fund

The Carroll Organization has closed its fourth fund on just over $40 million. The Atlanta-based private real estate firm launched Carroll Multifamily Real Estate Fund IV, a value-added vehicle, in December 2015 with a $50 million target, Carroll investor relations head Jeb Boccaccio told PERE. The firm plans to raise an additional $360 million i[...]

  • By CarrollOrganization
  • Wednesday, December 21, 2016
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Carroll Organization Buy Suburban Houston Apartments, Plans Renovation

The Reserve at River Park West is part of the master-planned community of River Park West bordering the Brazos River, which offers nature trails and greenways.   Richmond, Texas — Carroll Organization has acquired Reserve at River Park West, a 288-unit multifamily community in Richmond, Texas, a suburb of Houston near Sugar Land. T[...]

  • By CarrollOrganization
  • Wednesday, November 23, 2016
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Carroll Organization Acquires Reserve at River Park West in Houston, TX

Atlanta, GA — 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 Reserve at River Park West, a 288-unit multifamily community in Richmond, TX, as part of its newest investment vehicle, Carroll Multifamil[...]

  • By CarrollOrganization
  • Monday, November 21, 2016
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Carroll Organization Completes Sale of ARIUM Sweetwater in Atlanta

Atlanta, GA— 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 completed the sale of ARIUM Sweetwater in Lawrenceville, GA. The 308-unit community was originally purchased in November 2012 as a part of Carroll C[...]

  • By CarrollOrganization
  • Monday, November 14, 2016
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Carroll Organization Completes Sale of 8-Property Portfolio

The company has purchased 32 properties totaling more than $1.5 billion since the beginning of 2015.   Jacksonville, Fla.— Carroll Organization announced it completed the sale of ARIUM St. Johns, a 440-unit luxury community in Jacksonville, which includes renovated one-, two- and three-bedroom floorplans.   The last rema[...]

  • By CarrollOrganization
  • Friday, November 11, 2016
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Carroll Organization completes sale of 8 property portfolio

Atlanta, GA — 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 completed the sale of ARIUM St. Johns in Jacksonville, FL, the last property remaining in an eight property portfolio acquired by Carroll Co-Invest[...]

  • By CarrollOrganization
  • Thursday, November 10, 2016
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Carroll Organization Acquires Property in Port St. Lucie, FL

Atlanta, GA — 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 Apex Prima Vista, a 320-unit multifamily community in Port St. Lucie, FL, as part of its newest investment vehicle, Carroll Multifamily Re[...]

  • By CarrollOrganization
  • Monday, November 7, 2016
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Carroll Organization Completes Sale of Four Multifamily Properties Across Southeast

Atlanta, GA— 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 completed the sale of four multifamily properties from their investment vehicle Carroll Co-Invest II Fund, LP along with investment partner NorthSt[...]

  • By CarrollOrganization
  • Thursday, November 3, 2016
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Jacksonville apartments sold as part of $122 million transaction

A Jacksonville apartment property has been sold to a New York investment group in a portfolio deal totaling $122 million and spanning four states. Brian Moulder and Dhaval Patel, both executive vice presidents with CBRE Inc., brokered the deal between the Atlanta-based Carroll Organization and New York Beachwold Residential. The Jacksonvill[...]

  • By CarrollOrganization
  • Wednesday, November 2, 2016
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Carroll Organization Sells 360-Unit Apartment Complex in Houston

HOUSTON — Carroll Organization, a privately held real estate company, has completed the sale of Carroll at Shadow Creek Ranch in Houston. The 360-unit community was originally purchased in February 2012 and was the last remaining property in the firm’s first investment vehicle, Carroll Co-Invest Fund I LP. Carroll at Shadow Creek Ranch [...]

  • By CarrollOrganization
  • Friday, October 28, 2016
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Carroll Organization Closes out Carroll Co-Invest Fund I with Sale in Houston, TX

Atlanta, GA— 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 completed the sale of Carroll at Shadow Creek Ranch in Houston, TX. The 360-unit community was originally purchased in February 2012 and was the las[...]

  • By CarrollOrganization
  • Thursday, October 27, 2016
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Bluerock, Carroll Tag Team On Big Perimeter Center Grab

ATLANTA—Bluerock Residential Growth REIT acquired Nevadan Apartments, a 480-unit multifamily complex in Atlanta. Bluerock acquired the multifamily asset through a joint venture. The purchase price: $68.25 million, or about $142,188 per multifamily unit.   Bluerock invested 90%—ore about $23 million of the joint venture’[...]

  • By CarrollOrganization
  • Wednesday, October 26, 2016
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Investor sells 812 apartments for 'strong returns'

Cortland Partners is acquiring the neighboring Arium Palm Cove and Arium at Laguna Lakes apartment complexes in West Palm Beach and will combine them into a single community called Portofino Place.   Terms of the acquisition weren’t disclosed. In March 2015, WPB Multifamily Owner, a joint venture between Carroll Organization and Bl[...]

  • By CarrollOrganization
  • Thursday, October 20, 2016
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Carroll Organization Produces Strong Returns from Sale of Two Properties in West Palm Beach

Atlanta, GA — 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 completed the sale of ARIUM Laguna Lakes and ARIUM Palm Cove in West Palm Beach, FL, two properties which were a part of Carroll Multifamily Real E[...]

  • By CarrollOrganization
  • Wednesday, October 19, 2016
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Carroll Organization Increases Atlanta Portfolio to Thirteen with Value-Add Acquisition in Sandy Springs

Atlanta, GA — 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 Nevadan Apartments, a 480-unit multifamily community in Atlanta, GA, as part of its newest investment vehicle, Carroll Multifamily Real Es[...]

  • By CarrollOrganization
  • Monday, October 17, 2016
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Carroll Organization Acquires Value-Add Property in Vinings

Atlanta, GA — 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 Estates at Vinings Station, a 315-unit multifamily community in Atlanta, GA, as part of its newest investment vehicle, Carroll Multifamily [...]

  • By CarrollOrganization
  • Friday, October 14, 2016
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Carroll Organization Completes Sale of ARIUM Bay Pointe in Tampa

Atlanta, GA — 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 completed the sale of the apartment community ARIUM Bay Pointe in Tampa, FL. Carroll originally purchased this 368-unit property in November 2013. [...]

  • By CarrollOrganization
  • Tuesday, October 11, 2016
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Carroll Organization Grows Orlando Footprint

The company’s fifth local acquisition in the last year, ARIUM Bala Sands is in a top-ranked school district and offers some of its submarket's largest units.   Carroll Organization has acquired ARIUM Bala Sands, a 298-unit garden style lakefront apartment community in Orlando, Fla., on behalf of its newest investment vehicle, [...]

  • By CarrollOrganization
  • Tuesday, September 20, 2016
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Carroll Organization Continues to Invest in Orlando's Strong Multifamily Market with 5th Acquisition in 12 months

Atlanta, GA — 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 ARIUM Bala Sands, a 298-unit multifamily community in Orlando, FL, as part of its newest investment vehicle, Carroll Multifamily Real Estat[...]

  • By CarrollOrganization
  • Monday, September 19, 2016
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Charlotte Apartments Change Hands

An affiliate of the Carroll Organization has sold ARIUM McAlpine Creek, a 214-unit apartment community in Charlotte, N.C.   Carroll Organization has sold ARIUM McAlpine Creek, a 214-unit apartment community in Charlotte, N.C., on behalf of its investment vehicle, Carroll Multifamily Real Estate Fund III, LP.   It originally ac[...]

  • By CarrollOrganization
  • Tuesday, August 30, 2016
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