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Inside Carter | Meet Colin Hubbard

Posted on Wednesday, July 16, 2014

10 Things You


Every month we'll profile a different member of the Carter team, giving you a little glimpse inside the personalities that make our company so robust and unique. This week we are getting to know: Colin Hubbard, Construction & Design Manager. If you missed our last Inside Carter post, click here.

1. With unlimited funds, where would you go on your dream vacation?
Rugby World Cup 2015 – London or Sailing the Greek Isles with my wife.

2. What is one of your favorite quotes? 
“Real courage is when you know you’re licked before you begin, but you begin anyway and see it through no matter what.” – Harper Lee

3. What is your favorite indoor/outdoor activity?
Rugby and sailing.

4. If you could have a superpower for one day, what would it be?
Flight.

5. What would you recommend someone do or see who has never been to Atlanta before?
I haven’t lived in Atlanta for four years so I may not be the right person to ask…..but every time I look out the window, I see that Ferris wheel – so maybe that.

6. If you could choose any career other than the one you have, what would it be?
Woodworker.

7. If you could pick up one random skill or hobby, what would you choose? 
To play the Bass guitar.

8. What is the most rewarding part of your job?
Working with smart/competitive people.

9. If you could have lunch with a famous person – dead or alive – who would it be and why?
Teddy Roosevelt. I’d love to hear his impression of the modern day amateur athlete.

10. What professional field are you simply not cut out for?
Local TV anchor.

Decatur’s Response to the Changing Role of Multi-family Development

Posted on Tuesday, June 17, 2014

Decatur's Response to the Changing Role of Multi-Family Development

Written by Chris Sciarrone

Multi-family development used to feel like the runner-up to single-home neighborhoods. Apartments were a place where you lived while you earned enough money to buy a house. Today however, many people—especially young people—prefer living in quality multi-family locations, especially in high-density, walkable neighborhoods.

Nationwide trends indicate that the millennial generation is moving closer to urban areas, and cities and developers are working to meet this desire. This is true in Carter’s hometown of Atlanta, and my hometown of Decatur.

The City of Decatur occupies a special place in metro Atlanta, inside the perimeter and close to the urban core and also distinct enough to have its own identity. Last year it was named one of the Top Ten Neighborhoods in the U.S., a credit to the city’s long-term vision to develop its downtown into an attractive, walkable, mixed-use area that has become the heart of the community.

In Decatur, we find ourselves in a new development cycle centered on apartment buildings that will address the lack of options in the city for young, middle income professionals and for ‘empty-nesters’ who may no longer wish to own a single family home. The last apartment development in the city was built in 1999. Carter’s new multi-family development, The Place on Ponce, is one of several projects coming on line over the next few years that will address this need.


The Place On Ponce - Rendering

A housing study done a few years ago revealed that the city’s greatest need is for middle income professionals who aren’t in a position to buy or don’t want to be homeowners. These new residents are attracted to Decatur’s walkable, transit-accessible urban lifestyle and will bring a younger demographic to help balance the city’s diversity. This is the primary market for the new apartments at The Place on Ponce.

Multi-family residential projects also provide a net financial benefit to the city, especially compared to single family homes. The Decatur Downtown Development Authority and the city’s staff are charged with looking out for the long-term sustainability of our community. Part of that responsibility means we must be mindful of the City of Decatur’s ability to continue to provide services by broadening the tax base beyond a reliance on single-family homeowners. A review of school enrollment addresses showed that only 3% of the units in multi-family housing developments in the city produced school-aged children. The majority of these units are occupied by young professionals and empty nesters. This means a multi-family development generates significantly more revenue than the cost of the high-quality services the city and school system provide.

The Place on Ponce, which is currently under construction and scheduled to be delivered in the spring of 2015, underscores the change in the nature of the multi-family locations. Located in the heart of downtown Decatur, it will have amenity areas including a clubhouse, fitness center, resort-style pool and outdoor courtyards, as well as access to 10,000 square feet of retail space and the nearby Decatur MARTA station.


The Place On Ponce - Rendering

Decatur’s development efforts are based on long-term plans that are the result of extensive community input. Residents have consistently said that they value diversity in our community and want us to continue to be a city that is open and inviting to people of all ages and stages of life. Multi-family developments such as The Place on Ponce are a key part of achieving this vision.

Chris is Chair of the Decatur Downtown Development Authority, an architect with the firm Perkins and Will, and a resident of the Oakhurst neighborhood since 1996.

Berry College - Eagle Cam

Inside Carter | Meet Matt Delicata

Posted on Tuesday, June 17, 2014


Every month we'll profile a different member of the Carter team, giving you a little glimpse inside the personalities that make our company so robust and unique. This week we are getting to know: Matt Delicata, Director. If you missed our last Inside Carter post, click here.

1. With unlimited funds, where would you go on your dream vacation?
I’ve been lucky enough to have traveled all over the world, so my answer would have be outer space. If I had the funds, I’d buy a ticket on Virgin Galactic to orbit the Earth.

2. What is one of your favorite quotes? 
In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing. – Theodore Roosevelt

3. What is your favorite indoor/outdoor activity?
Definitely spending time with my wife, watching our newborn son grow.

4. If you could have a superpower for one day, what would it be?
The ability to see the future… so I know how many times the Red Sox win the World Series in the next 10 years.

5. What would you recommend someone do or see who has never been to Atlanta before?
Go to Decatur!

6. If you could choose any career other than the one you have, what would it be?
Starting shortstop for the Boston Red Sox, obviously.

7. If you could pick up one random skill or hobby, what would you choose? 
Carpentry, plumbing or electric expertise, so I could fix everything I’ve broken in my house.

8. What is the most rewarding part of your job?
Seeing how productive a strong team can be, and knowing that I helped contribute to its success.

9. If you could have lunch with a famous person – dead or alive – who would it be and why?
Steve Jobs, so I could learn how to transform passion into productivity.

10. What professional field are you simply not cut out for?
Basketball.

The Banks Phase II Groundbreaking: “Cincinnati on the Rise”

Posted on Wednesday, May 07, 2014

The Banks Phase II Groundbreaking: “Cincinnati on the Rise”

Written By: Malloy Peterson, Senior Vice President


It was a beautiful spring day in Cincinnati yesterday, May 6th, when about 100 guests converged on the construction site for Phase II of The Banks development.  The guests celebrated the kick-off for the project’s second phase, which will include 291 luxury apartments and 20,000 square feet of additional retail.  The theme of the event, “Laying the Foundation for Progress at The Banks,” was brought to life with a ceremonial concrete pour to create the first two pillars for the development, which will be lifted out of the parking deck to street level as a first step. 

The event commenced with words from Jim Shelton, Carter Vice Chair, who took us back to 2007 when Carter was first named co-master developer for the project. Shelton reflected back on what drew Carter to the project from the onset. “We were attracted to The Banks opportunity because it is one of the most unique sites in the country.”  He cited the handful of major national and regional awards for planning, design, parking, and overall development that the project has received since that time.  “But people want more,” he said. Shelton explained that Phase II will have a denser, more urban feel.

“We hope to have an office building down here soon. We hope to have a hotel down here soon too,” Shelton added.

Joint Banks Steering Committee Chair and Cincinnati Reds CEO, Bob Castellini remembered the early years as well, “We had a lot of presentations and developers who wanted it, but nobody stepped up like Carter,” he said.  He reminded attendees that “for 10 years, it was a dust pit” that he used to see from outside The Great American Ball Park. “The Banks was an embarrassment, and it became a symbol of how Cincinnati couldn’t get anything done right,” Castellini said. 

“Now, we’re well beyond that point,” he said. “On big game days, The Banks turns into a sea of red.”

Mayor John Cranley commented that “Cincinnati is on the rise.”  Referencing The Banks, he said, “People want to live here.  People want to live Downtown.”  Cincinnati now has “an amazing wave of urbanism compared to other cities our size.”

Hamilton County Commission Board President Chris Monzel emphasized the strong return on investment already being realized from the public’s initial $75 million in infrastructure improvements.  He said that upon completion, the second phase was projected to yield $5 to $7 dollars for every $1 dollar invested.  “The Banks is our economic engine for our region,” he said. 

Following additional comments from U.S. Representative Brad Wenstrup of Ohio’s 2nd District, all four guest speakers were raised by scissor lifts to pour the first two concrete columns as part of the project’s foundation. 

Once Phase II is delivered, The Banks will be about one-third complete. 

The Banks will be Cincinnati’s largest single, mixed-use development composed of a dynamic blend of residential, office, hotel and retail components. Phase IA of the riverfront development is complete and includes a revised street grid, parking facility, 300 apartments and 96,000 square feet of retail. In addition to creating a destination where people can live, work and play, The Banks will be the capstone for regional economic growth and urban revitalization. It will drive an estimated $600 million in private investment to Cincinnati’s riverfront and provide a place to live for more than 3,000 residents. Carter and Dawson are the master developers and equity partners. Nicol Investment Company now owns Phase IA of the project and has partnered with the development for Phase II as well.  USAA Real Estate Company was the project partner for Phase I.  Jeffrey R. Anderson is handling retail leasing for The Banks.

www.thebankscincy.com

Tetro Truck at InterFace Conference

Posted on Friday, April 11, 2014

Mobile Leasing On Display at National Student Housing Conference

The Tetro Truck was on display this week in Austin, TX for the 6th annual InterFace Student Housing Conference. The conference is a 3-day national information and networking event for the student housing industry, discussing a long list of topics such as “Site Selection Challenges & Opportunities” and “Underwriting Core and Value-Add Acquisitions in Today’s Market”. This year, the event attracted over 900 attendees with more than 40 exhibitors.

The Tetro Truck, a new innovative mobile leasing solution from Carter and Cardinal Group Management, was set up outside the Holding Austin hotel, where the conference is being held. All conference attendees were invited to check out the truck’s custom exterior wrap and imaginative interior amenities. Cardinal, who was on-site throughout the event, gave guided tours of the mobile leasing office to those interested.


Conference attendees check out the Tetro Truck; image from @TetroStudents

Designed to look like a food truck but without the kitchen, Tetro Truck tours San Antonio-area festivals, parks, sporting events, restaurants and bars to promote Tetro Student Village, Carter’s student housing development at the University of Texas at San Antonio (UTSA). Thanks to a dedicated leasing team, the development is already 40% pre-leased for fall semester, and will be completed in summer of 2014.

Del de Windt, CEO of Cardinal Group Management, told Student Housing Business, “We won't have 15 golf simulators, but we focus on building our campaigns around one unique aspect of our properties, whatever it may be.”


Tetro uses the truck hand-in-hand with their already-strong social media following, using sites like Twitter to “take orders” from some of their 642 followers for items such as Sonic Blasts (above) or sandwiches, serving the snacks free of charge. To date, Tetro also has 1,152 fans of their Facebook page and 184 Instagram followers.

Texas Real Estate Business recently reported on the increase of student housing, citing Tetro Student Village as an example. David Nelson, senior vice president of development for Carter, was quoted, “Amenities are very important to students, so having a good, strong, robust program is critical for projects. In Texas, having a large pool is just the start. Students ultimately want a place where they can hang out, congregate and call home.”

Check out our last blog post on the Tetro Truck, “Breaking Boundaries with a Mobile Leasing Center”. 

Inside Carter | Meet Taylor Crowder

Posted on Thursday, April 10, 2014


Every other week we'll profile a different member of the Carter team, giving you a little glimpse inside the personalities that make our company so robust and unique. This week we are getting to know: Taylor Crowder, intern within Carter's development group. If you missed our last Inside Carter post, click here.

1. How did you end up in this industry?
I was introduced to Real Estate Finance through the Student Foundations Investments Committee at Georgia Tech and I really loved it. I worked with GE Capital Real Estate this past summer with their originations team on the Debt Lending side, after that I was curious to see more of the development side of Commercial Real Estate.

2. What's one thing that people would be surprised to learn about you? 
I have never traveled outside the U.S. and have only been outside the southeast twice.

3. Best part of your job here at Carter?
The opportunity to learn. With the internship program, you have the ability to see so much of the business (and there is still so much I haven’t seen). The quality of the assignments that the interns are tasked with allows us to really dive head-first into the projects, and there’s always someone there to answer questions and or give advice if we need it.

4. Who has been the most influential person in your career?
My parents. They have been the most influential people in each and every aspect of my life.

5. Where in the world are you headed on your next vacation?
After I graduate from Georgia Tech in about a month, I’m hoping to head down to Destin, or any beach for that matter, before I start my full-time job.

6. What did you want to grow up to be?
I wanted to be an Architect. My grandfather had his own firm here in Atlanta and when I was little I just loved sketching plans for my “dream homes.” I had a lot of Frank Lloyd Wright’s design books.

7. If you could have lunch with a famous person – dead or alive – who would it be and why? 
Leonardo da Vinci. Assuming he could speak English or I could speak Italian, I would love to pick his brain and hear anything he has to say.

8. Are you a social media user? Which platforms?
I actually only use LinkedIn currently, but am considering returning to Facebook.

9. What's on your bucket list that you'd like to share?
I would like to step foot on Antarctica… just something obscure that very few people can say they have done.

10. Favorite thing about Atlanta?
My favorite thing about Atlanta is the weather (we all complain, but come on). I love being outside and unlike a lot of cities, Atlanta allows me to do that pretty much year-round.

Inside Carter | Meet David Denney

Posted on Thursday, March 27, 2014


Every other week we'll profile a different member of the Carter team, giving you a little glimpse inside the personalities that make our company so robust and unique. This week we are getting to know: David Denney, vice president of IA asset management. If you missed our last Inside Carter post, click here.

1. How did you end up in this industry?
I had the opportunity to join the Equitable Life Real Estate Department and temporarily move to New York, just prior to the spin-off of the real estate group into Equitable Real Estate and the move back to Atlanta. I started in the Accounting Group and as the business grew I was able to move into other areas of the real estate business.

2. What's one thing that people would be surprised to learn about you? 
I can cook! My specialty is grilling and one of my best dishes is smoked pork shoulder. I can make everything from shrimp creole to stuffed cabbage and peppers.

3. Best part of your job here at Carter?
The people. In any service business the only true assets of a company are the people. I appreciate the professionalism and dedication shown by of all the people I have the privilege to work with at Carter.

4. Who has been the most influential person in your career?
There is not one single person I can point to for this. Everyone has good traits and talents. I tried to learn from the strengths of each person I worked for and with.

5. Where in the world are you headed on your next vacation?
I plan to go to the Gulf Coast of Florida this summer. What can be better than the beach, fishing and fresh seafood?

6. What did you want to grow up to be?
I wanted to be a pilot. I have always been fascinated with flying.

7. If you could have lunch with a famous person – dead or alive – who would it be and why? 
George Washington. We all know what he accomplished during his lifetime, but I would like to hear directly from a person who had the character to walk away from power and prestige at the height of his political career. He could have continued to be President as long as he wanted, but he was a true patriot and public servant who put the best interest of the Nation and others before his own.

8. Are you a social media user? Which platforms?
I use LinkedIn for the business connections it provides.

9. What's on your bucket list that you'd like to share?
I would like fish the Florida Keys. I enjoy being on the ocean and in the outdoors.

10. Favorite thing about Atlanta?
It is close to Athens, Georgia. I enjoy going to UGA football games when I can.

Eagles on the Viking Campus

Posted on Thursday, March 20, 2014

Carter Client Berry College Gains Huge Following from Live Video of Bald Eagle Nest

Written by Todd Bradford, Director

As a project manager in the education group at Carter, I am privileged to work with our clients on new and exciting happenings on campus which bring notoriety to the institution. The addition of a state-of-the-art academic building, new student housing, or the addition of a sports facility all enhance the college experience and create a “buzz” in the community.

However, I could not have guessed that a couple of birds could generate worldwide attention for one of our most valued clients. A little over two years ago, a pair of bald eagles took up residence at the front entrance of Berry College, which has been a partner with us since 2007. As soon as they were discovered, a local following quickly formed. With the help of live streaming video, the college has realized millions of people who follow the daily life of the eagles, but far greater, now know about Berry College and what it has to offer. The public relations component has been amazing for Berry.


Above: Berry College’s Eagle Cam

While eagles have been spotted around Berry College’s 27,000-acre campus for years, we first found the eagles and their nest while master planning for campus projects. A 10-acre site was selected for a potential project between the main entrance and parking lot of the Steven J. Cage Athletic and Recreation Center. The eagles nest was found in a tall Georgia pine just adjacent to the site.

The eagles hatched and successfully raised 2 young eaglets during the 2012-2013 nesting season. Before the eagles returned in the fall of 2013, a high resolution camera was installed in the tree to allow the world to share in the wonder of what nature has given to the college. This was made possible thanks to donations from Sony, which provided the camera, Georgia Power, which helped install the camera, and Fluid Mesh Networks, which donated the wireless transmission equipment.

This year, an egg was produced on January 14, and subsequently hatched on February 22. It quickly became local news; the hatching was covered by local media including AJC, Roswell Patch, and several TV news stations. Further boosting the eagles’ celebrity status, National Geographic featured the Eagle Cam in their article, Five Bald Eagle Cams to Watch Now; the Weather Channel also shared a short video about the birds. The eagles also have their own Facebook page.

Berry’s Eagle Cam is the only live, streaming video of a bald eagle nest in Georgia. The site has tracked nearly 7 million views from across the globe and averages about 20,000 viewers at any given time.

Todd is responsible for overseeing Carter’s client relationship with Berry, as well as providing project management services for facilities on its campus. He has been sharing the story of the eagles with our associates for a few years, and we are thankful for his participation in the Carter Blog. Since 2007, Carter has also served as project manager for a number of Berry’s campus facilities including Krannert Center, Morgan and Deerfield Halls, and Richards Gymnasium

Berry College - Eagle Cam

Inside Carter | Meet Jacole Todd

Posted on Thursday, March 06, 2014


Every other week we'll profile a different member of the Carter team, giving you a little glimpse inside the personalities that make our company so robust and unique. This week we are getting to know: Jacole Todd, human resources manager. If you missed our last Inside Carter post, click here.

1. How did you end up in this industry?
While in between jobs, I worked a temporary assignment at Georgia Power. At the time, Carter was the property manager. I shared with some of the associates that I was looking for a role in Human Resources and an HR Assistant role came available. I interviewed for the position and the rest is history!

2. What's one thing that people would be surprised to learn about you? 
I performed during the halftime show of the Sugar Bowl with my high school cheerleading squad during the last two years of high school. It was a pretty interesting experience.

3. Best part of your job here at Carter?
I like the culture and working with the people – from the executive leadership team to the associates who work throughout the entire organization.

4. Who has been the most influential person in your career?
My mother is always extremely supportive and gives me a “nudge” to look at things from different perspectives and not just from my own personal view, which is really important.

5. Where in the world are you headed on your next vacation?
To some tropical island… I haven’t decided which one yet, but I'm looking forward to it!

6. What did you want to grow up to be?
Back in the late 80s/early 90s when dance videos were popular, I wanted to dance professionally like Janet Jackson and Paula Abdul.

7. If you could have lunch with a famous person – dead or alive – who would it be and why? 
Martin Luther King, Jr. He was a great motivator of people toward a goal that we all have benefited greatly from.

8. Are you a social media user? Which platforms?
I am on LinkedIn & Facebook – I am a light user currently but my plans are to get more involved this year.  

9. What's on your bucket list that you'd like to share?
I want to go to the Grand Canyon and to Paris.

10. Favorite thing about Atlanta?
My favorite thing about Atlanta is the accessibility - there is always something to do here and you don’t have to drive far.

Inside Carter | Meet Gil Patterson

Posted on Thursday, February 20, 2014


Every other week we'll profile a different member of the Carter team, giving you a little glimpse inside the personalities that make our company so robust and unique. This week we are getting to know: Gil Patterson, chief financial officer. If you missed our last Inside Carter post, click here.

1. How did you end up in this industry?
I got into real estate because I enjoyed being a part of creating something tangible that others could see and use. So when I started my accounting career, the CPA firm I worked for allowed me to select real estate as my area of specialty and the rest as they say is history.

2. What's one thing that people would be surprised to learn about you? 
I was fortunate enough to play Augusta National. I had just taken up golf about a year before I played the course but I was fully aware of its history so I was in total awe of walking the same holes as Nicklaus, Watson, Palmer, and many of golf’s other great players. My best hole was the 12th hole because I made par and it is considered one of the hardest holes on the course.

3. Best part of your job here at Carter?
Having such an enjoyable place to work because of the great people and the opportunity to contribute to the success of our company.

4. Who has been the most influential person in your career?
My parents. My dad taught me to work hard no matter what the circumstances are in order to achieve my goals and my mom taught me about understanding and relating to people. They both taught me to be respectful of others and that optimism has a brighter future than pessimism.

5. Where in the world are you headed on your next vacation?
Hopefully a beach somewhere but it may remain the junior tennis tournament circuit of cities until my kids are in college. Once they get to college, it will be nice having family vacations again.

6. What did you want to grow up to be?
An astronaut.

7. If you could have lunch with a famous person – dead or alive – who would it be and why? 
Neil Armstrong, the first man to walk on the moon. When I was a little kid, America’s space program was always in the news and when they talked about landing a man on the moon I dreamed of being that person. I would love to know what it was really like to be the first person to set foot on the moon and to better understand what it took to achieve that incredible accomplishment.

8. Are you a social media user? Which platforms?
Not really. I tried Facebook when my kids wanted to have their own accounts so that I could better understand what they were getting into. That is the extent of my social media use.

9. What's on your bucket list that you'd like to share?
I would love to visit the ancient ruins of Rome, Greece, and Egypt. It fascinates me how their societies figured out how to build some amazing structures using complicated engineering and without any of our modern technology.

10. Favorite thing about Atlanta?
The people, the food, all of the fun things to do, and its central location to so many places.