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Carter actively manages two value add real estate opportunity funds, in addition to other assets controlled by the company.
In 2004, Carter closed on its first equity fund, The Carter Real Estate Fund I (CREF I). CREF I is fully invested, having made eight opportunistic investments over a two year period with an aggregate value of approximately $300 million in total capitalization. In 2007, Carter was successful in raising its second equity fund, The Carter Real Estate Fund II (CREF II). To date, CREF II has made six opportunistic investments totaling $130 million in total capitalization and is actively seeking new investment opportunities. |
