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John Carter | Executive Chairman, Carter Funds

John E. Carter is an industry veteran with more than 40 years of real estate experience in all aspects of acquisitions, financing, disposition, leasing, and management.

In 2017, Mr. Carter founded Carter Funds and serves as Executive Chairman of Carter Multifamily and Carter Exchange, a DST (Multi-Investor 1031) Sponsor.

Mr. Carter also founded and served as President, CEO and Chairman of Carter Validus (“CV”) Mission Critical REIT I and II which were non-traded real estate investment trusts focused on acquiring net-leased healthcare and data center facilities. He also formed and served as President and CEO of the Carter Validus sponsors. Combined, the Carter Validus REITs have raised over $3.0 billion in equity and acquired portfolios totaling over $4.1 billion consisting of 150+ data centers and medical properties spanning 11 million rentable square feet. In 2016, under Mr. Carter’s leadership as CEO, Carter Validus REIT II was recognized as one of the best places to work, a top philanthropy company in Tampa, and as the fasting growing company in Florida with over 17,000% annual revenue growth. In October 2019, Carter Validus Mission Critical REIT merged into Carter Validus Mission Critical REIT II to form a $3.2 billion REIT. Mr. Carter retired from his roles at the CV  sponsors in 2017 and from the REIT’s Boards in 2020.

In 2007, Mr. Carter was a founding board member of GulfShore Bank, a community bank located in Tampa, Florida, where he served on the board and on the Loan and Audit Committees until the bank was sold to Seacoast Bank in April 2017.

Mr. Carter formed his investment advisory business in 1992 and acquired, financed, managed, and sold over $9.7 billion of commercial real estate assets, across the U.S. for domestic and foreign investors over the following 16 years. He founded Newport Partners in 1990 and grew the company into a full-service real estate firm covering the major markets throughout Florida. In 2000, Mr. Carter merged Newport Partners into Carter & Associates, a large national developer formed in 1958, where he served as Vice Chairman and Principal for 17 years prior to retiring in 2017. In the 1980s, Mr. Carter worked at Citicorp where he focused on tax shelter, Industrial Revenue Bonds (IRBs), and other real estate financing transactions. He currently serves on the Institute for Portfolio Alternatives (IPA) and IPA PAC Boards and has been a member of IPA executive Committee and a member of NAREIT’s Public Non-Listed REIT Council Executive Committee.

Mr. Carter holds a bachelor’s degree in Economics from St. Lawrence University and a master’s degree in Business Administration from Harvard University.