RMR Residential Donates $100,000 to ONE Bahamas Fund

Atlanta, GA – Today, RMR Residential announced a $100,000 donation to the ONE Bahamas Fund, a nonprofit organization dedicated to helping those impacted by Hurricane Dorian. Earlier this fall, Hurricane Dorian swept through the Caribbean and the Eastern coasts of the United States and Canada, leaving destruction in its wake. For nearly 48 hours, the Category 5 storm hovered over the northern Bahamas. The effects of the hurricane devastated the Bahamian Islands, leaving thousands homeless and destroying infrastructure and power lines. Of all the islands, Abaco and Grand Bahama were hit hardest.

 “I’ve seen firsthand how the northern Bahamas have been devastated by Hurricane Dorian,” said M. Patrick Carroll, Chief Executive Officer of RMR Residential. “Recovery efforts like these are important, and I’m proud to donate to help assist relief efforts on behalf of RMR Residential. When we come together as a community, we can make a real impact.”

The founders of ONE Bahamas have pledged to match dollar for dollar every gift, doubling the impact of each donation. The need is palpable, and the impact is real. Alongside donors like Justin Timberlake, Tiger Woods, NEXUS Luxury Collection, and many others, RMR Residential is committed to helping The Bahamas fully recover.

An ethos that is prevalent in the RMR Residential community is helping those who are hurting. RMR Residential’s contribution helps the ONE Bahamas Fund reach its ultimate goal of $12 million in relief and recovery efforts. We’re proud to stand with the Bahamian community in providing relief.

About RMR Residential

RMR Residential, a privately-held real estate company, was founded in 2004. With headquarters in Atlanta, RMR Residential focuses on multifamily properties, including acquisitions, property and asset management services, and fund management. The firm has raised over $2.4 billion of equity through RMR Residential sponsored funds and joint ventures. RMR Residential has successfully purchased, developed or sold over $10.4 billion of real estate. RMR Residential also has regional offices in Houston, Raleigh, and Tampa.

The company manages over 35,000 multifamily units in eight states and has purchased other multifamily owner/operators throughout the U.S. The firm has also developed student housing, single-family residential and retail properties, and has overseen more than $200 million of construction management for both its owned and fee partners. From due diligence to execution, RMR Residential has the internal capabilities and the external relationships to identify, underwrite, and close transactions. For more information, visit www.CarrollOrganization.com. 

About ONE Bahamas Fund

The ONE Bahamas Fund supports a wide range of immediate recovery needs and important long-term rebuilding initiatives required in the country due to the catastrophic destruction left by Hurricane Dorian. As a U.S. registered 501(c)(3) non-profit organization, ONE Bahamas Fund raises funds directly and in some cases, a portion may go directly to certified, charitable organizations as all work toward rebuilding the country we all know and love.