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Tax-Advantaged Investment Strategies

Carter Exchange

Innovative. Experienced. Institutional-Quality 1031 Exchange Properties.

Tax-Advantaged Investment Strategies

Carter Exchange

Innovative. Experienced. Institutional-Quality 1031 Exchange Properties.

Real Estate Investments Backed by Decades of Experience and a Strong Commitment to Excellence

Carter Exchange (CX), a Carter Funds company, is a national real estate investment and management company that sponsors institutional-quality real estate exchange programs that are intended to qualify for tax deferral under Section 1031 of the Internal Revenue Code. Carter Exchange targets real estate property acquisitions in the multifamily, industrial, and specialty sectors.

With over $2 billion in assets under management, our portfolio includes real estate in sectors that have key long-term demand drivers and offer the potential to provide exceptional value to investors.

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Current Portfolio

Covington, LA

Reagan Crossing

Burlington, NC

Retreat at the Park

Tallahassee, FL

Evergreens at Mahan

Tallahassee, FL

Lullwater at Blair Stone

Fairhope, AL

The Retreat at Fairhope Village

Grovetown, GA

The Station at Brighton

Houston, TX

Texas Industrial

Orlando, FL

EOS Apartments

Canton, GA

Heritage at Riverstone

Macon, GA

Riverstone

Augusta, GA

The Highland

Madison, AL

The Alexandria

Austin, TX

Cypress McKinney Falls

Germantown, MD

Liberty Mill

Madison, AL

The Station at Clift Farm

Meridian, ID

Industrial Logistics

Birmingham, AL

Foundry Yards

Jacksonville, FL

Ravella at Town Center

Landon, SC

The Lively Indigo Run

Pikesville, MD

The Courts of Avalon

Rockville, MD

The Residences at Congressional Village

Fort Wayne, IN

Midwest Industrial Logistics

Owings Mills, MD

Mode at Owings Mills

Hyattsville, MD

Mode at Hyattsville

Forney, TX

Texas Industrial II

Open Offerings

Midwest Industrial Logistics

Located in Fort Wayne, IN

Mode at Hyattsville

Located in Hyattsville, MD

Texas Industrial II

Located in Forney, TX

Carter Exchange DST Programs seek to offer recurring monthly income, 1031 eligibility, and portfolio diversification.

Click to Explore Our Full Portfolio

Portfolio at a Glance

As of October 2024

$2.05B

Total DST AUM

25

Total Properties

23

DST Programs

Multifamily

21

Multifamily Properties

6,144

Apartment Homes

Commercial

4

Commercial Properties

900,000

Commercial Sq Ft

Carter Exchange DST Programs seek to offer recurring monthly income, 1031 eligibility, and portfolio diversification

$2.05 B

Total DST AUM

25

Total Properties

23

DST Programs

Multifamily

21

Multifamily Properties

6,144

Apartment Homes

Commercial

4

Commercial Properties

900,000

Commercial Square Footage

Carter Exchange Leadership Team

Dallas Whitaker

Chief Executive Officer

Dallas Whitaker

Chief Executive Officer, Carter Exchange

Dallas Whitaker, CCIM, is the Chief Executive Officer and a Co-Founder of Carter Exchange, a national real estate investment and management company that sponsors institutional-quality real estate exchange programs that are intended to qualify for tax deferral under Section 1031 of the Internal Revenue Code. Mr. Whitaker is responsible for strategic day-to-day leadership of the company and establishing long-range goals, strategies, plans and policies. He is also a co-founder and shareholder of Carter Multifamily and Aphorio Carter Critical Infrastructure Fund. Mr. Whitaker has a 37-year career in commercial real estate participating in over $10 billion of acquisitions, development, leasing and capital-raising activities. His expertise comprises a range of investment advisory experience, risk capital management, investment fund formations, and commercial property services.

From January 2015 to November 2018, Mr. Whitaker served in various capacities as a senior executive with Carter Validus, a Tampa, FL-based sponsor of public and private real estate investment programs with assets under management totaling over $4 billion in the data center and healthcare sectors.

As Chief Portfolio Manager and Chief Investment Officer of CV Data Center Growth & Income Fund, Mr. Whitaker’s responsibilities included overseeing acquisitions, portfolio leasing, new fund formations and supporting fundraising efforts for its $3 billion capital raise.

In 2017, he co-founded Carter Multifamily, a sponsor of multifamily investment programs headquartered in Tampa, Florida. In 2007, he founded Greystone Equity LLC., a commercial real estate investment and advisory firm with investments in the office, industrial, data center and multifamily sectors. Previously, from 2000 to 2007, he served as a Senior Vice President with Colonial Properties Trust (NYSE:CLP), where he was a key member of an executive management team that accumulated and successfully went full cycle on a 20-million-square-foot office portfolio. Prior to Colonial, Mr. Whitaker spent the first half of his career focused on leasing, development, brokerage and property management working with regional and national real estate investment and development firms JMB Realty Corporation, Carter & Associates and Daniel Corporation.

Additionally, Mr. Whitaker currently serves on the board of directors of ADISA and has been very active in various industry associations, including serving on the board of directors and as chapter president of NAIOP, CCIM and the Real Estate Investment Council of Tampa Bay. He is a licensed real estate broker in Florida and Alabama, holds the Certified Commercial Investment Member designation and obtained a bachelor’s degree from Furman University.

Gael Ragone

President

Why Choose Us

The CX Advantage

CX sponsors Section 1031-syndicated Delaware statutory trust investment programs or DSTs. Our DSTs seek to provide institutional-quality real estate offerings with recurring monthly income, opportunities for growth, and portfolio diversification.

Participating in a 1031 exchange can be a complex process without the right sponsor. Our goal is to simplify that process and offer tax-advantaged opportunities to invest passively and easily in high-quality real estate that performs in any market cycle.

What do investors value most about CX?

CX real estate is thoroughly vetted by our experienced team. Every asset is acquired based on a strategic plan designed to maximize value and cash flow and managed by our in-house management team. Our deep-rooted industry relationships aid us in strategically acquiring properties in key markets with strong economic growth.

What makes CX a preferred sponsor?

Founded in 2019, Carter Exchange has built a strong track record ranking as a DST sponsor by market share, and has structured 26 private placement offerings to date. CX’s first two full-cycle deals were completed in 2023 and together produced a 25.54% average annual return and an average total return of 60.98%.

CX is backed by Carter Funds, a fully integrated real estate investment company led by veterans in the industry. The team has acquired more than $3.5 billion of real estate since founding Carter Funds in 2019 and plays an active role in identifying investments, structuring offerings, and providing operational management for CX.

With this experienced and dedicated team by your side, discover how CX can add value to your investment portfolio through our accretive DST programs

This website and the contents contained herein are neither an offer to sell, nor a solicitation of an offer to buy, any security, which can be made only by a prospectus or offering memorandum that has been filed or registered with appropriate federal and state securities commissions and regulatory agencies, and sold only through registered broker dealers and registered investment advisors authorized to do so. All of the content on CarterFunds.com is the sole property and domain of Carter Funds and its respective affiliates. The content contained on this website may not be relied upon by any person for any purpose without the explicit prior written consent of Carter Funds and its affiliates. All information contained on this website will be qualified by the terms set forth in any applicable offering documents or prospectus. The information contained herein is subject to change for any purpose without notice.

There are a number of significant risks that should be considered and reviewed when considering an investment in real estate or real estate securities. These risks may have significant legal, financial, and tax consequences to an investor and should be considered carefully in consultation with such investor’s applicable advisors. Any such investment is suitable only for investors who have adequate financial means, desire a relatively long-term investment, who will not need liquidity from their investment, and can afford to lose their entire investment. Private placements are speculative.