Carter Exchange
Carter operates as a family of affiliated companies—Carter Multifamily, Carter Exchange Fund Management and the data-center-focused Aphorio Carter—managing roughly $3 billion and drawing leadership directly from the…
Baker 1031 Investments is an independent broker-dealer representative and is not affiliated with, endorsed by, or sponsored by Carter Exchange. This page is Baker 1031’s own research profile of the sponsor. Carter Exchange and its logo are trademarks of their respective owner, used here for identification only.
Carter Exchange Overview
Carter operates as a family of affiliated companies—Carter Multifamily, Carter Exchange Fund Management and the data-center-focused Aphorio Carter—managing roughly $3 billion and drawing leadership directly from the Carter Validus mission-critical REITs. That heritage gives the platform genuine depth in healthcare and critical-infrastructure real estate, including data centers, alongside a Class A multifamily DST business launched in 2019. With more than $50 billion in cumulative CRE volume across its leadership team and captive property management, Carter pairs sector specialization with operational control, positioning it as a credible mid-market sponsor in defensible asset classes.
Carter Exchange Strategies & Advantages
- Specializes in data centers/mission-critical infrastructure through its Aphorio Carter arm.
- Operates a Class A multifamily DST platform alongside its infrastructure focus.
- Draws leadership from the Carter Validus mission-critical REITs ($50B+ cumulative CRE volume).
- Runs captive property management across the Carter Funds family.
- Manages roughly $3 billion across affiliated companies.
Carter Exchange Track Record
Carter Exchange has 3 full-cycle programs in the Baker 1031 dataset, averaging 20.07% annual return, a 1.75x average equity multiple, and a 3.8-year average hold.
| Investment | Location | Asset Class | Hold | Equity Multiple | Annual Return |
|---|---|---|---|---|---|
| CX Retreat at the Park, DST | Burlington, NC | Multifamily | 5.71 | 1.55x | 8.03% |
| CX Station at Poplar Tent, DST | Concord, NC | Multifamily | 2.87 | 1.70x | 19.88% |
| CX Station at Savannah Quarters, DST | Pooler, GA | Multifamily | 2.79 | 2.01x | 32.30% |
Figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. “Preferred” is Baker’s internal designation, not a rating or endorsement.
Current Carter Exchange Offerings
Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →
Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →
Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.