# Claremont Companies

Claremont Companies is a Single Family Office based in Bridgewater, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Bridgewater, United States
- **Region:** North America
- **Address:** Bridgewater, MA, United States
- **Founded:** 1968
- **Assets under management:** Undisclosed
- **Website:** claremontcorp.com
- **LinkedIn:** https://www.linkedin.com/company/the-claremont-companies

## Regulatory record

- **Reports private funds:** No

## About

Patrick Carney started Claremont Companies in 1968. The firm began with multifamily housing investments in New England and grew into a single-family office that owns, develops and manages properties nationwide. Patrick Carney serves as Chairman & CEO while family members hold operating roles including President of Family Office and President & COO. Claremont deploys capital into multifamily, hospitality and commercial real estate. It executes development projects, joint ventures and direct acquisitions. Confirmed holdings include Hilton Garden Inn Boston Brookline, Lakeshore Center in Bridgewater and Henri in Phoenix. The office also maintains Viva Lakeshore and Axis at Lakeshore residential assets. Activity spans North America with projects in Massachusetts, Arizona and Florida. The team includes 18 named professionals across acquisitions, development, finance and operations. Kerry Mcnamara joined as Chief Financial Officer in January 2025. Additional vehicles include the Carney Family Charitable Foundation. Patrick Carney holds emeritus roles on the Boston College Board of Trustees and the Catholic Foundation of Southeastern Massachusetts. Claremont integrates family office functions with an operating real estate company. This structure allows direct control over development pipelines and asset management without external fund vehicles. The approach supports 1031 exchanges and opportunity zone investments while keeping decision authority inside the family.

## Sectors

- Real Estate

## People

- Patrick Carney — Chairman & CEO
- Patrick Carney Jr. — Vice Chairman
- Ned Carney — President & COO
- Colleen Carney Courtney — President of Family Office
- Kerry Mcnamara — Chief Financial Officer

## Questions

### Who runs investment decisions at Claremont Companies?

Patrick Carney sets overall investment strategy and approves major transactions as Chairman & CEO. Patrick Carney Jr. oversees acquisitions and current holdings as Vice Chairman. Ned Carney coordinates development and capital projects as President & COO.

### How does Claremont Companies source proprietary deal flow?

The firm sources through direct relationships with local partners and its own development pipeline. It maintains joint ventures such as those with MassHousing for mixed-income projects in Massachusetts. Long operating history in New England generates repeat opportunities in targeted submarkets.

### Does Claremont Companies participate in fund commitments or only direct deals?

Claremont executes direct acquisitions, developments and joint ventures. No external fund commitments appear in its disclosed activity. Capital is deployed through wholly owned entities or co-investment structures.

### What investment stages does Claremont Companies typically target?

The firm focuses on development and value-add opportunities. Current projects include pre-development and under-construction multifamily and hotel assets with delivery dates through 2028. It also holds stabilized core properties.

### Does Claremont Companies maintain philanthropic structures, and how are they separated?

The Carney Family Charitable Foundation operates separately from the investment company. Patrick Carney and family members serve as trustees and donors to institutions including the New Bedford Whaling Museum and Boston College.

### What is Claremont Companies known posture on co-investments alongside external GPs?

The firm forms joint ventures on specific projects, notably with MassHousing on affordable and mixed-income housing. It does not allocate to blind-pool funds or act as a limited partner in third-party vehicles.

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- [CJ Shah Family Office](https://altss.com/profile/cj-shah-family-office)
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Last updated: 2026-08-10T15:54:10.904Z

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