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Carter Funds Completes the Sale of Two Value-Add Apartment Communities Totaling 422-Units for $49 Million in Jacksonville, Florida

Carter Funds Completes the Sale of Two Value-Add Apartment Communities Totaling 422-Units for $49 Million in Jacksonville, Florida
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Gilbert-Ash appointed main contractor on National Portrait Gallery redevelopment

Gilbert-Ash appointed main contractor on National Portrait Gallery redevelopment
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Carter Multifamily Acquires Chace Lake Villas and Renaissance at Galleria Apartment Communities for $58 2 Million in Birmingham

BIRMINGHAM, AL - Carter Multifamily announced its acquisition of two properties: Renaissance at Galleria for $26,840,000 and Chace Lake Villas for $31,370,000.  Built in 1996, Chace Lake Villas is in Birmingham, Alabama, has 264 units, and spans 13.2 acres of land in a desirable location, close to dining, shopping, entertainment, and the area s employers. The community features well-designed one, two, and three-bedroom units. The high-quality amenities include a resort-like pool, gazebo for grilling, pet park, state-of-the-art fitness center, resident lounge, and more.  Renaissance at Galleria, built in 1994, is in Hoover, Alabama, a desirable submarket of Birmingham, and has 244 units.  Hoover is one of Birmingham s top growth suburbs, with a population increase of 35% since 2000. The property is situated on 19.4 lush acres and offers a mix of one and two-bedroom apartments. Amenities include a relaxing outdoor sun deck, a pet park, sport courts, and a pool with a poo

Carter Multifamily Acquires 392-Unit The Reserve at Byram Apartment Community for $46 4 Million in Suburb of Jackson, Mississippi

JACKSON, MS - Carter Multifamily announced its acquisition of the 392-unit The Reserve of Byram for approximately $46.4 million.  Built in two phases in 2000 and 2006, The Reserve of Byram apartment community is well located in Byram, Mississippi on 33.24 acres of land near the area s top shopping, dining, entertainment and recreational activities. The community features spacious one, two and three-bedroom floorplan options with modern amenities. In addition to its thoughtfully designed apartment homes, The Reserve at Byram offers gated entry, a resort-style pool and spa with a sundeck, outdoor grilling areas, a billiards room, a fitness center, a clubhouse, and an on-site car wash facility. Residents also enjoy The Reserve at Byram s close proximity to the area s top employers and convenient access to downtown Jackson, Mississippi via Interstate 55. 

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