ATLANTA—Hanna Capital is betting in the Carroll Organization. Hanna just made a long-term strategic investment in the privately-held real estate company's future growth. Financial terms of Hanna's equity stake were not disclosed.

Hanna principals Frank Hanna III and David Hanna have committed to beef up Carroll's capitalization and investment fire power. The Hannas will work closely with Carroll's senior management team, founder and CEO M. Patrick Carroll and principal Darren W. DeVore, to offer strategic advice about expanding the firm's vertically integrated platform.

"In a very short time, Pat Carroll has built an outstanding real estate investment company with a strategy that is both disciplined and entrepreneurial, and a thoroughly professional team to execute on a business plan that creates long-term value," says Frank Hanna. "Our investment is an endorsement of the Carroll Organization's potential for even greater achievements, and we look forward to a fruitful partnership."