Steve is one of the most highly regarded commercial real estate professionals in North Carolina. He began his real estate career in 1965 and founded Carolantic Realty in 1972 to assemble and develop major industrial and office tracts in Wake County. In 2020, Steve merged his then company NAI Carolantic Realty with Tri Properties.
Steve is responsible for developing many most notable real estate projects in the region from expansive office parks at Highwoods and around Rex Hospital to the Crossroads development in Cary and the original assemblage of property around RDU Airport. Stroud was also the driving force behind the development of PNC Arena, working with state and local leaders to attract the NHLs Carolina Hurricanes and provide a new home for the NC State basketball program. Since he merged his company with Tri Properties, Steve now focuses on what he loves best: envisioning future land developments.