Calvin L. Butts Jr. and
Carrington M. Carter are looking to make a change in the real estate, travel and hospitality industries. Butts Jr. and Carter have formed East Chop Capital to pool “the resources of many, to accomplish much more than individuals can on their own.” Through their work as real estate developers, they have helped minority investors enter the $170 billion vacation rental market.
“Our firm was created to help accredited investors build wealth and gain exposure to private investments that they may not have access to,” Butts Jr. said.
“East Chop Capital’s first fund exposes our investors to the travel and hospitality industry via luxury vacation rental homes, by owning and operating homes in places like Martha’s Vineyard, Hilton Head, Gatlinburg, Orlando, and several other markets that we will expand to in 2021.”