Roy E. Carroll, II also is the owner and founder of Alaris Homes, Capstone Management Company and Carrolland Corporation. The Carroll Companies^SM has branched from single family custom home development in the early 80s to multi-family, commercial and office development today. In the last 9 years, the firm has built and/or has under construction more than 8,000 apartments representing an asset value of more than $640 million making The Carroll Companies^SM one of the regions largest owners of multi-family properties.

The Carroll Companies^SM continues to increase its market share of new home sales in the Triad, having become one of the top three single family home builders in the Triad.

While The Carroll Companies^SM is best known for its luxury single family and multi-family developments and visionary mixed-use urban centers, Carroll has also branched out into industrial, commercial and office developments. The Carroll Companies is currently developing the 800,000 square foot 'The Shops at Brittway' at the intersection of Interstate I-40/I-85 and South Elm Street.  When complete this 145 acre development will feature retail, entertainment, and hotels in an upscale mixed-use environment.

The company is one of the largest land owners in the Triad and continues to look for projects that are innovative and add value to the community. One such current project is Carroll's current involvement in the 17 story Wachovia building. This building has remained vacant for over 15 years and is in the very heart of downtown across from the new City Park. Carroll has developed plans to redevelop this building into a mixed use project with 98 luxury condominium units, offices and retail. When completed, this project will go from a visual and financial blight on the City, to a modern styled hub of housing, business and shopping.