Hunt Cos. has acquired a majority stake in Carter, a premier real estate investment and development firm headquartered in Atlanta. The acquisition reinforces Carter’s position as a leader in mixed-use and residential development while expanding its ability to pursue large-scale opportunities across the United States.
Recently, the partners delivered the Prospect Lake Wire project, a transformational mixed-use development in Lakeland, Fla.. Previously, they delivered The DeSOTA, a highly successful luxury apartment community in Sarasota, Fla. These projects underline the two companies’ shared commitment to delivering innovative, high-quality developments that create value for communities and stakeholders alike.
With this change, Bob Peterson, longtime CEO and chairman of Carter, has announced his retirement, and following the transaction, Scott Taylor will continue in his role as president and CEO of Carter, leading the company’s day-to-day operations, while also
