Philip Carroll
Senior Vice President | Production


One of the company’s senior producers, Philip Carroll is based the Miami, Fla., production office of Grandbridge Real Estate Capital. An industry veteran, he has been part of the mortgage banking community since 1979. Before joining Grandbridge Mr. Carroll founded and served as President of American Real Estate Capital (AREC), the commercial real estate lending subsidiary of American Financial Group.

Mr. Carroll has the perspective of a principal as well as an advisor with more than 30 years of experience in financing and acquiring commercial real estate. Under his leadership, Grandbridge’s Miami office offers a full range of real estate finance products including a broad array of advisory and placement services that includes permanent, construction/permanent, bridge, mezzanine, and equity capital.

Prior to forming AREC in 2009, Mr. Carroll was a commercial real estate work-out consultant for a Miami commercial bank, as well as an acquisitions advisor for a Miami real estate investment company. From 2003 to 2008 he was a Senior Vice President and Regional Manager in the Income Property Group of KeyBank Real Estate Capital with direct responsibility for the commercial loan origination business in the South Eastern United States. Mr. Carroll's group originated more than $1 billion annually and managed $2 billion in real estate loan commitments with origination offices in Miami, Boca Raton, Tampa, and Orlando as well as Atlanta and Charlotte.

Before joining KeyBank Real Estate Capital in 2003, Mr. Carroll managed the Miami-Dade County office of the Commercial Real Estate Banking Group for Bank of America. During the six years he managed that office, construction loan origination increased annually to more than $600 million in 2003. He was a senior lender in Miami for four years prior to assuming the managerial responsibility for that office. Mr. Carroll’s 18-year career with Bank of America started in 1985 with the Real Estate Lending group in Baltimore, Maryland.

Prior to Bank of America, he worked at the Chase Manhattan Bank in New York City for six years where, after completing an extensive training program, he served as a lending officer in the New York City Division of the Corporate Banking Group at Chase.

Mr. Carroll earned his Bachelor of Science degree in Business Administration with a major in Marketing from Georgetown University in 1979.

Active in the International Council of Shopping Centers (ICSC) and other commercial real estate associations, Mr. Carroll has been on the advisory boards of Real Estate Florida magazine and Real Estate Forum magazine since 2007 and is widely quoted in real estate industry periodicals such as Crittenden Report and Southeast Real Estate Business. He has been a speaker at the National Developers Conference presented by Apartment Finance Today magazine for several years, as well as the RealShare Net Lease Conference in New York City and the RealShare Medical Office Real Estate Conference in Scottsdale, Arizona.

Mr. Carroll may be reached at 305.523.1812 or by email at
1200 Brickell Avenue, 11th Floor  |  Miami, FL 33131