ATLANTA: Hunt Companies Inc., an El Paso-based holding company with interests spanning real estate, infrastructure and financial services, has acquired a majority stake in Carter, a leading real estate investment and development firm headquartered in Atlanta.
The acquisition strengthens Carter’s position in mixed-use and residential development and expands its platform to pursue large-scale opportunities across key U.S. markets. The two firms previously collaborated on high-profile projects including Prospect Lake Wire in Lakeland, Fla., and The DeSOTA, a luxury apartment complex in Sarasota.
As part of the transaction, Bob Peterson, Carter’s long-serving chairman and CEO, announced his retirement. President and CEO Scott Taylor will continue leading the firm.
“Partnering with Hunt represents an exciting new chapter for Carter,” Taylor said. “Together, we’re proving that collaboration transforms spaces into vibrant communities.”
Ryan McCrory, President of Hunt, emphasized Carter’s strong development portfolio and its alignment with Hunt’s long-term growth vision.
Carter plans to accelerate expansion throughout the Sunbelt and advance residential projects that deliver sustainable value to stakeholders.