Carter sells controlling interest to Hunt Cos.

Carter sells controlling interest to Hunt Cos.

CEO Scott Taylor told Multifamily Dive that the Atlanta-based multifamily and mixed-use developer will use the capital to fuel growth.

Hunt Cos. Acquires Majority Interest in Carter

EL PASO, TEXAS AND ATLANTA — Hunts Cos. Inc. has acquired a controlling interest in Carter, a mixed-use and residential real estate investment and development firm based in Atlanta. The El Paso-based firm is acquiring the majority stake in Carter and buying out longtime CEO and chairman Bob Peterson, who has subsequently announced his retirement. Current CEO and president Scott Taylor will continue to oversee the day-to-day operations at Carter …