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Tag: Patrick Carroll

  • Patrick Carroll Faces Gun and Evasion Charges in LA Court

    Patrick Carroll Faces Gun and Evasion Charges in LA Court

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    Multifamily investor Patrick Carroll arrived at Los Angeles court Friday appearing to hold himself accountable for the actions that led to his arrest earlier this week by Los Angeles police.

    Carroll, who was released from jail late Wednesday afternoon, faces charges of carrying a loaded firearm in public and evading police, according to court records. A surety bond for $75,000 was also posted Friday, court records show.

    As Carroll stood outside court in downtown Los Angeles Friday, he acknowledged his actions earlier in the week to social media followers, while also digging his heels in to say his behavior has allowed him to succeed in other parts of his life.

    “No one’s fucking perfect, OK,” Carroll told followers. “The other night was not a fucking smart thing on my part by any imagination. Shooting off guns is not. But sometimes I do things and I don’t really at the time understand the consequences, but guess what? That also gives me the courage to walk into a boardroom with no college degree and raise gazillions of dollars on Wall Street. So, it’s not all bad.”

    He would later hop back onto social media following Friday’s proceedings to lament public buildings, courthouses and jails as “shit.”

    “You know they had me, a self-made fucking hero, wearing two right sandals for three days and didn’t care,” he told followers of his jail experience. “They laughed at me. These pigs laughed at me. They laughed at me when I asked for water.”

    A spokesperson for Carroll, reached Friday, declined to comment on the matter.

    In the time since his release, Carroll has been active on social media, including telling followers the press surrounding his arrest has been “BS” before admitting he was arrested and charged “for that stuff.”

    He also seemed to suggest in the hours following his release that this week’s incident may have been the result of fatigue.

    “Maybe I do have a screw or two loose, but it’s not drugs and alcohol heaven forbid,” he said in a post Wednesday. “I’ve just been working too hard to take any fucking time for myself to get, you know, talk to anybody. So maybe I will. I don’t know. I’ve got nothing going on for the Fourth [of July] so I might as well see what this California, you know, doctor system’s all about.”

    His next post indicated his location was in Westwood at Ronald Reagan UCLA Medical Center.

    Earlier this year, the multifamily mogul underwent a court-ordered mental health evaluation in Florida after a neighbor reported gunshots near his home. He was also arrested for felony battery in October after two employees at the Gold Rush Cabaret in Miami accused him of assault.

    Carroll is the founder and former CEO of real estate investment firm Carroll Organization, which he started in 2004. He sold the business last year to RMR Group for $80 million in a deal that closed in December. Since then, Carroll has been touting a YouTube channel where he provides real estate and business advice.

    A judge has set Carroll’s preliminary hearing in Los Angeles for July 30.

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    Patrick Carroll released from police custody following LA arrest


    Patrick Carroll booked on felony charge in LA


    Patrick Carroll Taken In For Mental Health Evaluation

    Patrick Carroll under police-mandated mental health evaluation


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    Kari Hamanaka

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  • Patrick Carroll Booked on Felony Charge in Los Angeles

    Patrick Carroll Booked on Felony Charge in Los Angeles

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    Multifamily syndicator Patrick Carroll was arrested in Hollywood late Monday and booked on a felony charge, The Real Deal has learned.

    Records show the arrest occurred at 9:30 p.m. on July 1, with Carroll officially booked in the early morning hours Tuesday by the Hollywood Division of the Los Angeles Police Department. Carroll remains in custody, according to records available through the Los Angeles County Sheriff’s Department as of Tuesday afternoon.

    It’s unclear what prompted the arrest, with spokespeople for the Los Angeles Police Department and Los Angeles County Sheriff’s Department unable to immediately provide details about the incident.

    Carroll, who struck a deal last year to sell his Atlanta-based development firm Carroll Organization for $80 million, appears to have been in Los Angeles for at least the past month. His legal name is Michael Patrick Carroll.

    Videos and posts on his Instagram account place him on Rodeo Drive in Beverly Hills, Melrose Avenue in West Hollywood and in the Hollywood Hills. Within the 24 hours prior to Carroll’s booking, he posted videos of himself driving around the streets of Los Angeles in a Rolls Royce, shopping at a Big 5 Sporting Goods store and lounging in the pool of a home he said he was staying at for the next month.

    The arrest is the latest in a number of legal incidents involving the multifamily mogul, but it’s the first in Los Angeles. Previously, a court ordered him to undergo a mental health evaluation after a neighbor reported gunshots near Carroll’s home in Miami Beach. Police used Florida’s Red Flag law, passed in 2018, to obtain a court order for temporary seizure of Carroll’s firearms.  

    In October, he was arrested for felony battery after two Gold Rush Cabaret employees in Miami accused Carroll of assault. Carroll’s behavior has also resulted in him being banned from several ritzy Miami restaurants, including Carbone, Hiyakawa Miami and Cote Miami.

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    Patrick Carroll under police-mandated mental health evaluation


    Patrick Carroll with 810 Lakeview Drive (Getty, Google Maps)

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    South Florida

    Cops investigating gunshots near Patrick Carroll’s Miami Beach home


    From left: Carroll Organization CEO Patrick Carroll and RMR Group CEO Adam Portnoy (Getty, RMR Group)

    Patrick Carroll sells his multifamily firm for $80M


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    Kari Hamanaka

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  • A Look At M.Patrick Carroll’s Miami Mansion Designed By Achille Salvagni

    A Look At M.Patrick Carroll’s Miami Mansion Designed By Achille Salvagni

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    In February of 2022, real estate developer M. Patrick Carroll relocated his company Carroll to Florida and purchased a brand new Miami Beach estate for $16350000. This incredible home was designed from the ground up by legendary architect and designer, Achille Salvagni. Completed in 2020, the home is truly a work of art in itself—inspired by Gio Ponti and the historical character of 1950s Miami.

    The modern home is located on an expansive 111 feet of waterfront property and features seven bedrooms and 6 and a half bathrooms. The spacious 7951 square foot property also has a 90-foot infinity-edge pool, 24-carat gold leaf detailing, a sweeping bronze staircase, and a private boat dock.

    Although Carroll was unfamiliar with Salvagni’s work prior to seeing the home, he immediately became a fan. “Honestly I had never heard of him, but now he’s by far my favorite. Achille Salvagni is known for his high-quality Italian furniture and amazing designs. Every piece of furniture, every light fixture, and the entire design scheme directly from Achille.”

    Carroll also wanted a turnkey home that required little to no upgrades. He tells me, “It was important that the home was a modern design. I’ve always loved the sleek modern look and it seemed perfect for Miami. I also wanted to be on the water and I wanted to buy a home that came furnished. The fact that this home came furnished by a top-notch designer made it ideal.”

    It’s extremely rare when an individual of Carroll’s caliber moves into a home and changes very little about it, especially when it’s a primary residence. “We have a lot of higher net worth clients who purchase an entire house including the staging furniture. It’s rare, but it happens. And when it does, it is very costly. Usually, the client doesn’t want to deal with furnishing an entire home, especially when the house is over 3000 square feet,” says interior designer and professional stager Francesca Grace who has not worked with Carroll. “It becomes challenging to furnish it, the lead time on shipping can be a nightmare, and a lot of buyers don’t have a vision for what they want. That is why staging exists—to help guide those who may not know how to design a new space or create their perfect home. It helps to see it finished first.”

    The only changes that Carroll made while noteworthy, were incredibly minor given the scale of the home—just adding a gym, which is essential these days along with a home theater. “It’s like being in your movie theater. I’ve got the blackout shades and all the toys. It’s the best way to relax at night or veg on the weekend,” the developer explains.

    A Mansion Designed Remotely

    While there are many unique characteristics of the property, one of the most interesting things about it is that Salvagni designed the entire project remotely due to Covid travel restrictions. While remote design is nothing new, although it has certainly become more commonplace since the pandemic—most of the time designers will decorate a room or plan bathroom or kitchen construction. This project was far more intensive, especially given the location and price.

    The architect tells me, “For the installation of the interiors, I conducted it entirely on Zoom —working on East Coast time from my home and office in Rome. I would wake up at my regular time and begin working and then switch gears to Eastern Standard Time and begin conducting sessions where I would instruct the team on the placement of all the furniture, carpets, fabrics, lighting, cabinetry, artworks—down to the bronze detailing on the staircase.”

    The exterior was also designed and executed virtually. “It was a bit surreal, selecting palm trees and plant specimens with local team members. They would have me on WhatsApp video while they toured nurseries showing me plants so I could select the right ones. Then when the trees and plants were delivered to the property, I was back online, orchestrating every last detail down to the exact placement of the palm trees at the water’s edge to create privacy on the Intracoastal Waterway.”

    A Curated Home

    The home features brushed Negresco, Verde Alpi, Malyat limestone, and Absolute Belgium Black marble, along with French polished mahogany, and brushed oak for wall paneling and cabinetry.

    Salvagni’s furnished the house with a variety of custom pieces and lighting he created just for this project as well as antique pieces from Europe. “All the 20th-century design was purchased at auction (online), from dealers in Italy that I knew and from Maison Gerard in New York. I would tell them about the project and what I was looking for and they would send me photos of works they had in [their] inventory and from there we put the collection together.”

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    Amanda Lauren, Contributor

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