commercial real estate
executives attended the Summit. “We heard a broad range of perspectives, from those who are still concerned about economic recovery, to those who have already turned that into an opportunity for unprecedented growth,” Carroll says. “The multifamily space is hot right now, so it is an exciting time to hear from active investors and developers. Plus, D.C. is one of our focus markets, so it felt like home turf to be in the area.” He also recently spoke to the 2011 Affordable Housing Tax Incentive Real Estate Conference, serving as an expert on the Financing Portfolios/Acquisition Sales panel. “The landscape is changing quickly in the multifamily housing industry, including affordable housing,” Carroll says, “so this was a great opportunity to share critical industry insights that provide value for developers, owners, government officials and others.” Both conferences are organized by the Reznick Group a top 20 national public accounting firm providing accounting, tax and business advisory services nationally. Patrick Carroll has bought and developed over $100 million in real estate since 2004. As the CEO of Carroll Organization, he accelerated the growth of the company through aggressive acquisitions and other strategic investments. Patrick infuses a hands-on approach to every investment relationship while closely managing each and every deal and acquisition of Carroll Organization. He started his real estate investment and development career in December of 2004, forming P. Carroll Properties and investing in residential properties in Georgia and Florida. Following multiple successful investments, Patrick developed several residential communities in Georgia, North Carolina and South Carolina. With the success of those residential developments, he formed Carroll Organization and turned his focus to commercial development and investment. Carroll Organization is an Atlanta-based multifaceted enterprise focusing on the ownership and operation of multifamily real estate. Its specialized subsidiaries support the firm’s ownership, acquisition, capitalization, and operational objectives. Through these subsidiaries, Carroll Organization now employs over 400 people and has offices throughout the United States. It is headquartered in the Buckhead area of Atlanta, the city’s financial center.
M. Patrick Carroll: The New Investment Landscape – Pent-Up Demand, the “Scarcity Premium” and the Rise of Institutional Capital Atlanta – Carroll Organization CEO Patrick Carroll recently served as a moderator at the National Apartment Summit in Vienna, Virginia. Carroll’s panel, The New Investment Landscape: Pent-Up Demand, The “Scarcity Premium” and the Rise of Institutional Capital, included executives from Berkshire, The Donaldson Group, Bell Partners, Inc., LaSalle Investment Management, Silverwood Companies and Fairfield Residential. All told, more than 400 multifamily and