Investment Strategy
Carr primarily employs value-add and opportunistic strategies to generate superior, risk-adjusted returns for our investors. Our expertise spans ground-up construction, adaptive reuse, value-add acquisition and repositioning projects, with a particular focus on enhancing value through an innovative approach to operations. As a privately held company, we have flexibility to underwrite and execute deals across a variety of asset types, sizes and structures in order to secure the best opportunities in the market.
With over $1 billion of assets under management ranging from timeless trophy properties such as the Willard Hotel to innovative developments such as Venue, which features a performing arts center, Carr has expertise in a variety of asset classes and a successful development track record based on the following:
Local focus – Carr has an extensive network in the DC Metro built over decades and intimate knowledge of local markets and the entitlement processes that allows us to identify creative opportunities and enhance neighborhoods.
Hospitality roots – Carr’s roots in the hospitality industry influence all our developments by creating warm, inviting properties with a vibrant mix of uses for tenants, residents, and the community.
Innovative uses – Carr has multiple subsidiaries that possess expertise in various real estate product types including:
- Carr Workplaces – one of the largest coworking companies in the nation, which brings a service-oriented approach to office property management;
- Carr Hospitality – an owner and asset manager of some of the premier hotels in the DC Metro area; and
- Preferred Office Network, PON, – in addition to providing flexible office solutions to Fortune 1000 Clients, provides IT and real estate support services to office tenants.
- Carr combines the expertise of these subsidiaries in innovative ways to create value and provide vibrant communities.
Exceptional Design – Carr partners with premier architects and interior designers to create inspirational buildings that enhance productivity, health and sustainability and provide vibrant interaction with the communities we serve.
