Explore how stocks react to CPI data, earnings reports, and Federal Reserve decisions. Insights from Thomas Carroll of Ballast Rock.

Ballast Rock Founder and CEO Tom Carroll argues that energy is the “picks and shovels” investment behind the AI boom, as growing data center demand requires major upgrades to the power grid. He also examines the shortage of affordable rental housing in the U.S., explaining how high construction costs and elevated interest rates have squeezed supply, while advances in manufactured homes could help address the crisis.

Ballast Rock Founder and Chief Executive Officer, Tom Carroll, spoke with Bloomberg Radio on Monday July 13th, 2026.

Ballast Rock Asset Management, the diversified alternative investment manager, today announced that it has appointed Michael G. Welch, CFA, as Head of Investor Relations and Capital Formation.

Ballast Rock Asset Management's proprietary AI Market Selection Tool combines artificial intelligence and market research to uncover investment opportunities and support informed portfolio decisions. Learn how the technology fits into BRAM's investment process.

The ITC sunset creates urgency in the near term and a more disciplined market in the medium term. For lenders who understand the asset class, the opportunity window remains wide open.

After two and a half years of deliberate restraint, Ballast Rock's Sunbelt Multifamily Fund III is seeing the market it was built for finally arrive. Lender-led deal flow is accelerating, new supply is collapsing, and distressed sponsors are running out of options—creating what we believe is one of the most compelling buying windows for Southeast workforce multifamily in years.

Urgency, Opportunity, and the Road Ahead for Community Solar Lending

Ballast Rock Asset Management is thoughtfully integrating artificial intelligence across its operations—from private credit deal sourcing to multifamily underwriting, investor reporting, legal review, and property management. These tools are already driving measurable efficiency gains and helping the team focus on what matters most: identifying high-quality opportunities and delivering value for investors.

As the Southeast multifamily market evolves, so must the value-add strategy. In this piece, Kyle Fitzgerald explains why we are shifting from 1960s–70s assets toward 1980s–2000s “modern maturity” properties—using data-driven insights to pursue stronger risk-adjusted returns, greater operational stability, and more durable long-term performance.

In January 2026 Tom Carroll and Simon O’Shea had the privilege of speaking at PWC’s private equity conference in Miami. It was an energizing and thought-provoking event that brought together leaders from academia, government, and the institutional investment community to explore the forces reshaping the private equity industry.