As a business owner and real estate mogul, M. Patrick Carroll has done very well. Michael Patrick Carroll is an entrepreneur in real estate.
Since he was young, he has been able to take chances and turn them into substantial business wins. M. Patrick Carroll started CARROLL in Atlanta, which has grown exponentially since he started.
Even though the COVID-19 spread and the economic crisis have made business hard, CARROLL has continued to change. In this piece, we’ll learn more about Patrick Carroll’s salary, age, and net worth.
Patrick Carroll Net Worth
As of now, Patrick Carroll is thought to have a net worth of at least $7 Million, as per reports of GuruFocus. Patrick Carroll is the EVP, CFO, and Treasurer of LXP Industrial Trust. He also owns over $7 million worth of LXP Industrial Trust stock, which is a lot of shares.
How did Patrick Carroll make his fortune?
Over $13.1 billion in real estate acquired, developed, or sold since 2004. M. Patrick Carroll made his fortune through his successful ventures in the real estate industry.
He is the founder and CEO of Carroll Org., a U.S. real estate investment company that focuses on acquisitions, asset management services, ground-up development, and fund management.
Since founding Carroll Org. in 2004, Carroll has overseen the acquisition, development, and sale of more than $13.1 billion worth of real estate assets. His company manages over $5 billion in assets and owns more than 30,000 commercial and residential properties.
Additionally, Carroll’s strategic approach to real estate investments, agility in raising private capital, and focus on opportunities have been key factors in his financial success.
Patrick Carroll’s Career Journey
M. Patrick Carroll’s career journey is marked by his entrepreneurial spirit and success in the real estate industry. Born in 1979 in Richmond, Virginia, Carroll founded Carroll Org. in 2004, a real estate investment company headquartered in Atlanta, Georgia, with regional offices in Houston, New York, Raleigh, and Tampa.
Initially focusing on acquisitions in Florida and Georgia, Carroll’s company expanded its reach throughout the Southeast, acquiring, developing, and selling over $13.1 billion worth of real estate assets since its inception.
Notably, Carroll’s strategic approach to real estate investments, commitment to diversity and inclusion, and philanthropic endeavors have been integral to his career journey.
Additionally, his involvement in charitable activities, such as donating sneakers to underprivileged children and supporting various causes, reflects his dedication to giving back to the community.
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Patrick Carroll’s Sources of Income
M. Patrick Carroll’s sources of income primarily stem from his successful real estate ventures through his company, CARROLL. As the founder and CEO of CARROLL, Carroll has overseen the acquisition, development, and sale of a vast portfolio of real estate assets, including over 60,000 multifamily units and more than 30,000 residential and commercial properties across the East Coast.
His company manages assets worth over $5 billion and has been involved in transactions totaling billions of dollars, with a strategic focus on acquisitions, asset management services, ground-up development, and fund management.
Additionally, Carroll’s success in real estate investments, property management, and development has been instrumental in generating substantial income for him.
Furthermore, his commitment to philanthropy and charitable activities reflects his dedication to giving back to the community, showcasing a holistic approach to wealth creation and distribution.
Patrick Carroll Assets House, Cars
M. Patrick Carroll’s assets include a lakefront Miami Beach home that he purchased for $16.4 million in 2021.
Additionally, as the founder and CEO of CARROLL, a prominent real estate investment company, Carroll oversees a vast portfolio of over 30,000 residential and commercial properties across the East Coast, with assets worth over $5 billion.
While specific details about his cars are not known, his real estate holdings and philanthropic activities showcase a significant portion of his wealth and assets.
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