Carter Exchange
Sponsor Overview
Carter Exchange is the 1031/DST platform of Carter Funds, an Atlanta-based sponsor that launched its DST program circa 2018-2020. The firm has completed 3 full-cycle DST exits — two Stations at Poplar Grove (Concord NC) and Savannah Pointe (Pooler GA) sold in 2023 with strong ~20% AARs and ~1.85x EMs on sub-3-year holds, plus CX Retreat at the Park (Burlington NC) sold in January 2026 with more modest 8.03% AAR / 1.55x EM over 5.7 years. Carter's strategy targets Sun Belt multifamily with relatively short hold periods and significant rent growth thesis.
Sponsor Notes
- Sun Belt multifamily focus (Carolinas, Georgia)
- Short hold strategy — 2-4 year typical exit window
- Rent growth and operational optimization thesis
- Small but growing track record (3 full-cycle DSTs)
Sponsor Overview
Firm Name
Carter Exchange
Headquarters
Atlanta, GA
Year Founded
2018
Assets Under Management (AUM)
$500M+
Preferred Sponsor
Yes
Performance
Full-Cycle DSTs
3
Average Annual Return
20.07%
Average Equity Multiple
1.75x
Average Hold Period
3.79 Years
Success Rate
100.00%
The information presented on this page regarding this investment sponsor is provided solely for educational and informational purposes. It is intended to help readers develop a general understanding of the sponsor and its offerings, and is not tailored to the financial situation, objectives, or needs of any particular individual or entity.
Nothing on this page — including any sponsor descriptions, background information, market commentary, charts, examples, performance data, or analyst notes — constitutes investment, legal, tax, or accounting advice, nor a recommendation, endorsement, offer, or solicitation to buy, sell, or hold any security or pursue any investment strategy. The information, views, and opinions expressed (including those contained in any analyst notes or commentary) reflect the perspective of the author at the time of publication, are subject to change without notice, and should not be relied upon as the basis for any investment decision.
The presence of a sponsor profile on this page does not indicate any business, financial, ownership, or contractual affiliation between Baker 1031 Investments and the sponsor, nor does it constitute an endorsement of the sponsor or any of its offerings.
Any performance data shown on this page — including, without limitation, full-cycle results, internal rate of return (IRR), equity multiple, average annual return, hold period, cash-on-cash return, or distribution history — is self-reported by the sponsor and sourced from the sponsor's Private Placement Memorandums (PPMs) and related offering documents. Baker 1031 Investments has not independently verified the accuracy or completeness of this information and cannot guarantee its validity. Although we make every effort to accurately transcribe sponsor-reported figures, errors are possible. Please verify any figure directly with the sponsor before relying on it.
Past performance is not indicative of future results. Performance data reflects outcomes of prior offerings and should not be expected to recur in current or future investments, which may result in partial or total loss of principal.
Before making any investment decision, you should consult with your own qualified financial, legal, and tax advisors and carefully review all relevant offering documents, including the applicable PPM in its entirety. Investments offered by sponsors profiled on this site involve risk, including the potential loss of principal, and may not be suitable for all investors.
