El Paso-based Hunt Companies has acquired a majority stake in Carter, a leading real estate investment and development firm in Atlanta, GA. This deal enhances Carter’s capabilities in mixed-use and residential development, allowing it to pursue larger projects across the U.S.
The companies have previously collaborated on successful projects, such as Prospect Lake Wire in Lakeland, FL, and The DeSOTA in Sarasota, FL, showcasing their commitment to quality development.
Following the acquisition, CEO and Chairman Bob Peterson will retire, while Scott Taylor will remain as President and CEO, managing day-to-day operations. Hunt’s support will help Carter expand its initiatives and strengthen banking relationships, with a focus on growing its presence in the Sunbelt and identifying valuable residential projects for long-term investor returns.
KEY QUOTES:
“Partnering with Hunt represents an exciting new chapter for Carter. Hunt’s strategic expertise, financial strength, and commitment to long-term growth align perfectly with our mission to deliver extraordinary mixed-use and residential projects. Together, through successes like Prospect Lake Wire and The DeSOTA, we’re proving that collaboration drives impact, transforming spaces into vibrant communities where people thrive.”
Scott Taylor
“Carter brings decades of experience and an impressive track record in real estate development. Our successful collaborations demonstrate the strong foundation we already share. With this partnership, we’re leveraging our combined strengths to accelerate growth while maintaining focus on quality, innovation, and sustainability.”
“For over 75 years, Hunt has been committed to advancing thoughtful real estate development strategies. Our partnership with Carter aligns with our vision of creating impactful projects that build stronger communities.”
Ryan McCrory, President of Hunt Companies
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