Patrick Carroll Sells Multifamily Firm to Adam Portnoy for $80M
Patrick Carroll, the real estate developer at the center of multiple scandals, has found a buyer for his multifamily investment firm. RMR Group, headed by Adam Portnoy, is purchasing the Carroll Organization for $80 million in an all-cash transaction, the Commercial Observer reported. The deal is for all Carroll’s equity in the company, and he […]