ORLANDO—CarrollOrganization is moved faston the multifamily front in 2015. The company acquired threeproperties with a total of 1,438 units in an off-market portfoliopurchase in one of its last deals of the year.

Specifically, Carrollpurchased La Palazza at MetroWest, The Cottages at Hunter's Creekand Knightsbridge at Stoneybrook. Two of themultifamily properties will be rebranded as Arium MetroWestand Arium Hunter's Creek, respectively. Knightsbridge will continueto operate under its current name. All threemultifamily properties will be managed by Carroll ManagementGroup.

"These acquisitions are consistent with our investment strategy to expand in markets that are well-performing and showing consistently high job and population growth," says M. Patrick Carroll, founder and CEO of Carroll. "We currently own and manage four other properties in Orlando, all of which have been performing exceptionally well. These properties not only enhance our portfolio in Orlando, but give us the opportunity to grow in a market that is poised for continued success."