From his earliest days, M. Patrick Carroll envisioned building a real estate company from the ground up—a bold ambition that would ultimately shape one of the nation’s most prominent real estate investment firms. Today, as Founder and CEO of CARROLL, he oversees a portfolio of more than 30,000 residential and commercial properties across the East Coast, with a track record that reflects both vision and discipline.
Founded in 2004, CARROLL began as a modest venture focused on multifamily and retail assets. Patrick’s early success in residential investments and development projects across the Southeast soon created opportunities to expand into retail centers, student housing, and mixed-use properties. His entrepreneurial drive quickly transformed the company into a leading force in the real estate industry.
By 2009, Patrick strategically acquired three property management companies, laying the groundwork for CARROLL’s large-scale infrastructure. This expansion provided the operational backbone needed to scale, fueling the company’s rapid rise. Under his leadership, CARROLL has acquired more than 60,000 multifamily units and executed $12.1 billion in acquisitions and $8.8 billion in dispositions. With an impressive average gross IRR of 29%, Patrick has demonstrated a rare ability to balance risk and reward while driving long-term growth.
As CEO, Patrick defines and implements strategic plans that not only expand CARROLL’s portfolio but also solidify its reputation as an innovative and disciplined investment firm. His keen eye for opportunity, combined with a forward-looking vision, has allowed CARROLL to thrive through market cycles and remain competitive in an evolving industry.
What began as a young entrepreneur’s dream has grown into a real estate empire. With Patrick Carroll at the helm, CARROLL continues to shape skylines, strengthen communities, and set new standards for success in real estate investment.
