Carter Funds in the News
January 22, 2024
Carter Exchange Acquires Absolute Net-Leased Industrial Property in Texas for DST Offering
The property serves as a regional service center for Atmos Energy, a leading natural gas distributor, servicing the Dallas, TX metropolitan area.
November 9, 2023
Aphorio Carter Acquires Data Center in Collierville, TN
Aphorio Carter Fund Management Company, LLC, acquired the Tennessee Data Center in Collierville, Tennessee, part of the Memphis MSA.
October 19, 2023
Aphorio Carter Purchases $13 Million Data Center in Tucson, AZ
Aphorio Carter Fund Management Company, LLC, acquired the Tucson Tech Data Center in Tucson, Arizona.
July 31, 2023
Carter Funds Expands Real Estate Portfolio with Tampa Multifamily Acquisition
Mode at Ballast Point is a garden-style apartment community in Tampa, Florida
July 10, 2023
Carter Exchange Delivers 32.30% Average Annual Return to Investors Upon the Sale of a Multifamily Property in Pooler, GA
Carter Exchange sold the Property, located in the Savannah, GA MSA, on May 24, 2023, for $62.5 million.
June 5, 2023
Carter Exchange Completes the Sale of An Apartment Community in Concord, North Carolina for $74.7 Million
Carter Exchange sold the Property on April 20, 2023, for $74.7 million which resulted in a 19.70% average annual return to investors.
May 3, 2023
Arbor Gates Secures 2022 BEST REHAB Award from Mobile Bay Area Apartment Association
The award recognizes Arbor Gates ownership for their commitment to modernizing the community to appeal to today’s renters.
February 16, 2023
Aphorio Carter Purchases $55 Million Data Center
Aphorio Carter Fund Management Company, LLC, acquired the Fibertown Data Center in Bryan, Texas.
January 19, 2023
Carter Funds Acquires 200-Unit Garden-Style Multifamily Property in Georgia
Brighton Park is a garden-style apartment community located in the Byron (Warner Robins), Georgia submarket.
December 19, 2022
Carter Funds Expands National Accounts Team with Addition of Carla Martin, Senior Vice President, National Accounts
Seasoned executive brings over 30 years of experience in sales and relationship management.
November 23, 2022
Carter Funds Acquires Astoria Apartments
Astoria Apartments is a garden-style apartment community located in the West Mobile, Alabama market.
November 17, 2022
Carter Funds Expands Sales Distribution Team
Carter Funds announced the expansion of its sales and acquisitions team with four new hires.
March 31, 2022
Carter Funds Acquires $121 Million Multifamily Portfolio in Mobile, Alabama
Acquisition of 876 garden-style value-add units expands Carter’s AUM to 2,897 units in Alabama.
March 3, 2022
Carter Funds Acquires Adrian on Riverside for $43.1 Million
Adrian on Riverside is a garden-style apartment community located in the Macon Metropolitan Area.
February 8, 2022
Carter Funds Appoints Senior Vice President of Strategic Development
Carter Funds announced that industry veteran Lora Sekosky Smith has joined the firm to lead strategic development.
January 26, 2022
Carter Funds Appoints New Sales Leadership Team
Carter Funds announced the completion of internalizing wholesaling team.
November 15, 2021
Carter Funds Completes the Sale of Two Value-Add Apartment Communities in Florida and North Carolina
Carter Funds announced the sale of two garden-style multifamily properties located in Tallahassee, FL and Greenville, NC for $73.3 Million.
September 28, 2021
Carter Funds Completes Disposition of 16 Multifamily Properties for $394 Million
Carter Funds announced the sale of 16 garden-style multifamily properties located throughout the southeastern United States.
September 7, 2021
Carter Funds Completes $36 Million Sale of a Value-Add Apartment Community in Augusta, GA
Carter Funds announced the sale of a garden-style multifamily property, Ten35 Alexander, located at 1035 Alexander Drive in Augusta, Georgia.
June 14, 2021
Carter Funds Completes the Sale of Two Value-Add Apartment Communities in Jacksonville, Florida for $49 Million
Carter Funds announced the sale of two garden-style multifamily properties, The Oaks on Monument located at 401 Monument Rd., and Laurel Pointe located at 3000 Coronet Ln. in Jacksonville, Florida
April 15, 2021
Carter Funds Utilizes Green Globes Multifamily Certification to Maximize Investment Opportunity
To procure the best purchase deal, Carter Funds decided to leverage certification under Green Globes Multifamily for New
Construction
April 15, 2021
Green Globes Multifamily Certification Gives Carter Funds Multifamily Preferential Loan Pricing Through Fannie Mae
“The Station at Poplar Tent provided an opportunity to purchase a valuable asset and plant our flag in the Charlotte metro area,” says Ryan Gray,
Executive Vice President of Investments at Carter Funds.
April 1, 2021
Carter Multifamily Acquires Chace Lake Villas & Renaissance at Galleria Apartment Communities for a Combined $58.2 Million
Chace Lake Villas and Renaissance at Galleria are both garden style apartment communities located in the Birmingham Metropolitan Area
February 1, 2021
Carter Multifamily Acquires The Gables Apartment Community Near Jackson, MS for $26.6 Million
The Gables is located in the affluent and highly sought-after suburb of Ridgeland in the Jackson, Mississippi metropolitan area
January 7, 2021
Carter Multifamily Acquires The Reserve of Byram Apartment Community for $46.4 Million
The Reserve of Byram is a 392-unit garden style apartment community located in a desirable suburb of Jackson, Mississippi
AUGUST 31, 2020
Carter Multifamily Completes $26.67 Million Acquisition Near Birmingham, AL
Summerchase at Riverchase is a 240-unit garden style apartment community located in the desirable Hoover, AL suburb 10 miles south of Downtown Birmingham
Industry News
Pandemic Delays Homeownership By 5 Years or Longer
Nearly half of renters report they will not be able to achieve homeownership for at least five years due to the pandemic.
Lifting the Amenities Lockdown: What are Today’s Must-Haves?
Work from home is expected to be a lasting trend, and that is informing a number of choices around the amenities a building may offer.
Families Key in Future Rental Housing Market
As Millennials prepare to have children, the rental market needs to prepare with family-oriented developments.
COVID-19’s Effect on Multifamily and Opportunity Zones
Joan Kramer, partner of Mountain Pacific Opportunity Partners, recently weighed in on opportunity zones and why multifamily is still one of the shining stars in the CRE galaxy.