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Synopsis
The RMR Group, an alternative asset management company, completed the acquisition of CARROLL Multifamily Platform, a vertically integrated multifamily platform, for $100m. “With the CARROLL acquisition, RMR was able to implement our growth strategy of leveraging our strong balance sheet to make strategic acquisitions. Today, we acquired a vertically integrated organization that expands our scale, diversifies our platform, substantially increases our private capital assets under management and is financially accretive. I welcome the experienced and talented CARROLL team to RMR and look forward to working with them to further expand our multifamily platform," Adam Portnoy, RMR Group President and CEO.
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