The Carroll Companies has announced the appointment of Claudel Pressa to chief investment officer (CIO) and president of RE Carroll Management Company.

The Carroll Companies is a luxury real estate and management firm headquartered in Greensboro, which also owns this publication.

Pressa in his new positions will be responsible for overseeing business strategy, investments and asset management and will report directly Roy Carroll, the founder, president and CEO of The Carroll Companies.

Carroll said, “As CIO, Claudel will advise the company on where we should hit the brakes and where we should go full throttle. His role is particularly crucial as the economy continues to struggle, with prices continuing to rise.”

Carroll added, “Claudel will also provide professional leadership to our many associates as president of our property management division.”

Pressa, who served as The Carroll Companies chief operating officer (COO) from 2018 to 2022, said, “The Carroll Companies is an exceptional organization with a dedicated team, well-respected leadership and a vibrant corporate culture. While I’m proud of the many successes we’ve had in the past, I’m most excited about what lies ahead.”

Prior to accepting his new positions with The Carroll Companies, Claudel served as the COO of Kohlberg Kravis Roberts & Co. (KKR) real estate portfolio company. Claudel’s institutional real estate investor experience also includes join ventures with American National (acquired by Brookfield Asset Management) and with Taubman Centers. He began his real estate career developing ground-up commercial projects nationwide with Prime Retail (acquired by Simon Property Group).

Claudel has a juris doctor, master of science in real estate & urban analysis and bachelor of science in finance, all from the University of Florida.