LLORRAC - Key Persons

Job Titles:

• Founder
• Founder and CEO of the CARROLL

M. Patrick Carroll is the founder and CEO of the CARROLL firm and a nationally recognized leader in the real estate industry. His early residential investments in the Southeastern U.S. in 2004 produced opportunities to develop retail centers, mixed-use properties, and student housing. With the acquisition of three property management companies in 2009, he created the large-scale infrastructure that underpins CARROLL today. Combining his experience with investment, property management, development, and construction, he converted a modest initial investment into a 30,000-unit portfolio. A disciplined investor, he has carefully balanced acquisitions and dispositions over two decades, resulting in $3.9 billion in sales proceeds. While CARROLL's property management platform was sold recently to RMR Group for $80 million, Carroll retains control of a large and impressive portfolio - more than 28,000 units spread across 81 properties, mainly in the Sunbelt, valued at $7 billion. He continues to cultivate relationships with institutional investors, lenders, and brokers, as well as on-site teams around the country. Carroll has a solid track record of attracting top talent and creating boundless opportunities for his team and investors by fostering an entrepreneurial culture. Indeed, he sees it as the key to continued growth. Carroll strives to be a positive role model for his three sons and seeks to show younger generations there are multiple avenues to success. A big believer in giving back, he serves on the boards of the Jesuit High School Foundation (Tampa, Florida) and the Boys & Girls Club of Tampa Bay, and is a member of industry affiliates. He has supported more than 50 charities worldwide with a focus on health, wellness, and early childhood development. M. Patrick Carroll has a deep appreciation for art and he applies the same intuitive sense that has served him well in business to his patronship of artists who are pushing the boundaries of imagination. A passionate collector, he owns upward of 20 paintings, including works by American artists Jean-Michel Basquiat, Julian Schnabel, David Salle, and Johnny Robles.