John Green
Joe CarrolA co-founding principal of Blackstar Real Estate Partners, John Green directs firm-wide strategic planning, and leads the investment management efforts. John has over 18 years of real estate and finance experience, and has managed approximately $5 billion in commercial, multifamily residential and mixed-use properties in greater Washington, D.C.; New York City; Baltimore; San Francisco; and other major metropolitan areas within the United States. For the decade prior to founding Blackstar, he served as Managing Director for MacFarlane Partners, a San Francisco based real estate private equity firm. In that role, John led all investment and asset management activities in the East Coast markets, which included acquisitions, dispositions, and financing of property investments. He also oversaw the development process of projects undertaken by the firm and its joint-venture partners. Overall, he was responsible for managing a portfolio consisting of over 2.75 million sf of commercial space, 7,500 apartment units, 400,000 sf of retail, 1,000 hotel keys, and over 10 million sf of potential development. Prior to joining MacFarlane Partners, John worked in the real estate development group of The Community Builders; and as an investment banker at Goldman, Sachs & Co. He also managed the business development efforts at Viacom Inc.
John earned his MBA from Harvard Business School and MPA from Harvard Kennedy School. He also holds a BS degree in Systems Engineering from the University of Virginia.
Joe Carrol is Managing Principal at Cross River. Although its activities are diverse including a growing number of portfolio company investments, Cross River through its subsidiaries currently manages an over $450M real estate development pipeline with projects in the District of Columbia, Florida and Texas.
Mr. Carrol was formerly Senior Vice President of Acquisitions at Lowe Enterprises. As acquisition officer, he not only purchased, financed and disposed of properties on behalf of Lowe but on select projects he also led project implementation and design. While at Lowe he managed an over $1 billion acquisitions pipeline including multifamily, office and retail.
Locally, Mr. Carrol led such prominent award-winning projectsas:
City Vista in Mount Vernon Triangle, the 1.5 Million square feet mixed use project inclusive of 685 residential units, 55,000 square foot Safeway Grocery store and 65,000 square feet of neighborhood serving retail.
The Hepburn in Dupont Circle which received popular acclaim for not only its stunning architecture and unique interior design but also its ability to capt...
