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…
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.
Key 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.
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 | 1.7x | 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 offerings from this sponsor
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.