**Hunt Companies Acquires Majority Stake in Carter, Marking New Chapter for Florida Developers**
Hunt Companies has acquired a majority interest in Carter, signaling a major step forward in a partnership that has already delivered prominent projects across Florida. The two firms have previously collaborated on the Prospect Lake Wire project, a mixed-use development located in Lakeland, Florida, as well as The DeSOTA, a luxury apartment community in Sarasota.
As part of the transition, longtime Carter CEO and Chairman Bob Peterson has announced his retirement. Scott Taylor will continue in his dual role as President and Chief Executive Officer, overseeing daily operations and maintaining his position as a partner in the firm.
With the backing of Hunt Companies, Carter is poised to expand its footprint in mixed-use and residential development sectors. The strengthened partnership will focus on building banking relationships and pursuing additional investment opportunities across key markets.
This acquisition represents a continued commitment to strategic growth built on longstanding collaboration, underscoring the companies’ shared vision for transformative developments in the Southeast.
