Navigating the Waters of Private Market Investing

July, 2024
Politicization of ESG has shaped attitudes and practices in sustainable investing but if anything has caused investors to sharpen their focus on the key sustainability issues.

May 7, 2024
The latest Sunbelt fund will continue Ballast Rock Real Estate’s focus on workforce multifamily in the U.S. Southeast.

No.1,145 on Inc. 5000’s List of Fastest Growing Private Companies

Ballast Rock

June 20, 2023
Ballast Rock Group’s Simon O’Shea shares insights on the launch of the firm's new SEC registered broker/dealer and why it felt the move was necessary.

May 30, 2023
Ballast Rock Group has announced the formation of Ballast Rock Capital (BRC), a SEC-registered broker dealer.

May 25, 2023
Establishing a broker-dealer is part of Ballast Rock’s continued evolution as a diversified investment management firm, focused on private-market opportunities for investors and advisors.

May 18, 2023
From mass layoffs to rising interest rates, venture capital is entering a uniquely challenging environment. Yet, with crisis and chaos comes opportunity, and this type of economy is also ripe for innovation.

May 1, 2023
Ballast Rock Group is an integrated investment management company. CEO Tom Carroll gives an overview of the company as it operates Ballast Rock Asset Management, Ballast Rock Private Wealth, and Ballast Rock Capital.

Mar. 9, 2023
It may seem like mere semantics, but the words used to describe any investment asset class outside of publicly trade stocks or bonds matter now more than ever before. In 2022, the publicly traded stocks and bonds that make up the standard 60/40 portfolio had one of their worst performances on record.

Feb. 8, 2023
After getting a discount, the apartment owner closed on the 132-unit Bentree Apartments.

Jan. 27, 2023
The agencies remain in the game, but questions surround other debt sources.

Jan. 20, 2023
“Obviously, the Fed was hiking funds,” said Thomas Carroll, founder and CEO of Charleston, South Carolina-based owner and manager Ballast Rock Group. “At the same time, that was driving what’s going on in the long end of the market, which ultimately drives our cost of borrowing.”

Jan. 12, 2023
Sunbelt Multifamily Fund II (SB2) has completed its final acquisition, Bentree Apartments. With the SB2 acquisition stage now fully completed and all investor capital deployed, Ballast Rock expects to launch Sunbelt Multifamily Fund III (SB3) shortly.

January 05, 2023
Ballast Rock Group anticipates launching its third Southeast-focused workforce multifamily fund in Q1 2023.

Nov. 28, 2022
Ballast Rock Group will internally reorganize to create distinct asset management and broker-dealer divisions to support its private equity, real estate, and venture capital offerings.

Dec 31, 2021
The pandemic underscored the strength and vitality of workforce housing, which all too often has been seen as a solid but unexceptional corner of the multifamily market. During the past year, suburban workforce housing assets outperformed Class A urban properties, with rents and occupancy maintaining pre-pandemic levels.

March 31, 2021
Ballast Rock Capital, a Charleston, South Carolina-based investment group, continues to grow its multifamily portfolio with its latest purchase in Alabama. The firm purchased the 95-unit Coleman Place apartments in Anniston, Alabama, located at 2320 Coleman Road and sold for $7.25 million, or about $76,000 per unit, according to CoStar data.

Feb. 25, 2021
Charleston, South Carolina-based Ballast Rock Capital acquired the Gleneagle Apartments in Columbia, South Carolina, for $17.5 million, or approximately $78,125 per unit.

Managing partner Thomas Carroll shares why he thinks this multifamily sector will be one of the most resilient in commercial real estate.