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 Jacksonville 288-unit Arium Danforth off […]
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 is a […]
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 last remaining property in the firm’s […]
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’s equity requirement. An affiliate of the Carroll Organization invested the balance […]
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 BlueMountain Capital, acquired the […]
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 Estate Fund III, […]
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 Estate Fund IV, LP. The property will be managed […]
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 Real Estate Fund IV, LP. The property will […]
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. "ARIUM Bay Pointe represented an opportunity […]