The Carroll Companies is a privately held real estate development and management firm founded in 1983 by Roy E. Carroll II in Greensboro, North Carolina. Operating for over four decades, the company has built a vertically integrated platform spanning land development, construction, ownership, hospitality, property management, and media operations. The firm currently holds approximately $6 billion in real estate assets that it owns or has under development, all without outside equity or partners. Forbes estimates Roy Carroll's net worth at $2.9 billion, comprised of real estate assets owned with low or no debt. The company specializes across multiple asset classes including multifamily development, industrial facilities, single-family construction, self-storage, hotels, and mixed-use lifestyle centers. Recent high-profile projects include the $62 million Parkside development featuring an AC Marriott Hotel and luxury apartments in downtown Greensboro, and The Madison on Fleming Road, a $210 million multifamily project with over 750 units. The firm operates through specialized subsidiaries including Ari Apartment Management Company for multifamily operations, Bee Safe Storage for self-storage facilities, and Car Caves for luxury vehicle storage. The company maintains a focused geographic presence primarily in the Greensboro and Triad region of North Carolina.
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