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Carroll Organization launches sixth investment vehicle
Fundraising - AUGUST 1, 2019

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Carroll Organization launches sixth investment vehicle

by Andrea Zander

Carroll Organization has launched and held a first closing for its sixth fund, Carroll Multifamily Venture VI.

The fund has a target raise of $150 million, which would be the firm’s largest fund ever, surpassing its $60 million in the fifth vehicle.

With the utilization of debt and co-investments from institutional partners, the vehicle has the capacity to acquire more than $5 billion in apartment investments.

Carroll Multifamily Venture VI will focus on generating attractive risk-adjusted returns by acquiring cash-flowing multifamily properties in markets with strong fundamentals in the Southeast, Southwest, Mountain and mid-Atlantic regions, as well as other strategic markets around the country. Carroll Organization will leverage its relationships, resources and operating platform to acquire value-add and core-plus properties with opportunities to enhance cash flows through improved management and capital investment.

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