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Hunt Cos. Acquires Controlling Interest in Carter

by Lynn Peisner

EL PASO, TEXAS, AND ATLANTA — Hunt Cos. Inc., an El Paso-based holding company with a focus on real estate, infrastructure and financial services, has acquired a majority stake in Carter, an Atlanta-based real estate investment and development firm. The companies have partnered on past development projects, including Prospect Lake Wire, a mixed-use development completed in 2024 in Lakeland, Florida, and The DeSOTA, an apartment community in Sarasota, Florida, completed in 2018. With this change, Bob Peterson, long-time chief executive officer and chairman of Carter, has announced his retirement. Following …

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Company NewsNewsOperationsTexas

Aerwave Named 2025 Multifamily Partner of the Year

by Lynn Peisner

HOUSTON —Broadband Communities has awarded Aerwave the distinction of multifamily partner of the year. The publishing and conference company recognized Aerwave at the Broadband Communities Summit held June 23 to June 27 in Houston. Entrants were evaluated by an expert panel of judges. Aerwave stood out for its fiber-based mesh networking, proprietary software and gigabit-plus internet that spans entire properties. According to the company, Aerwave’s platform supports smart home technology, simplifies self-guided tours, enhances Wi-Fi calling coverage and enhances resident experience and simplifies operations for property managers and owners.

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UDR Appoints Dave Bragg Chief Financial Officer

by Lynn Peisner

HIGHLANDS RANCH, COLO. — Publicly traded REIT UDR Inc. (NYSE: UDR) has appointed Dave Bragg as chief financial officer, effective July 24. Bragg succeeds Joe Fisher, who in January 2025 was appointed to the role of chief investment officer in addition to his responsibilities as the company’s president. Bragg joins UDR from Roots Management Group, an owner and operator of manufactured housing and recreational vehicle resort communities. Bragg joined Roots in 2022, most recently serving as chief financial officer and previously as chief strategy officer and head of investment management. …

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Affordable HousingCompany NewsNewsPeople NewsWestern

BH Properties Launches Haven Housing, Names Connor Mortland to Lead

by Lynn Peisner

LOS ANGELES — BH Properties has launched Haven Housing, an affordable housing company, and hired Connor Mortland to lead it. Mortland, formerly senior vice president of investments at Avanath Capital Management, will be based out of the firm’s San Diego office. As managing director and head of affordable housing acquisitions, he will direct Haven’s strategy to acquire and operate affordable and market-rate assets in the Western United States. Haven Housing aims for garden-style, value-add acquisitions with 100 or more units with value-add potential in Texas, Arizona, Nevada, Oregon, Washington, Colorado …

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Alfred, RKW Merge with Quarterra’s Property Management Division

by Lynn Peisner

NEW YORK CITY — Prop tech company Alfred and RKW Residential have merged with Quarterra Living. Alfred owns property management firm RKW. Quarterra Living is the property management division of developer Quarterra Multifamily. With the newly combined portfolio, the company will manage approximately 52,000 units nationwide. A new name and branding to accompany this merger has not been announced.

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Regions Affordable Housing Names David Payne Head of Originations

by Lynn Peisner

BIRMINGHAM, ALA. — Regions Bank has promoted David Payne to head of originations for Regions Affordable Housing. Payne will oversee all affordable housing originations in order to provide financing that will support developers through low-income housing tax credits and other banking options. He also will provide business development efforts and leadership to the Regions group. Payne will report to Katie Such, head of Regions Affordable Housing. Payne previously served as co-head of originations for Regions Affordable Housing and led the bank’s work in sourcing and originating transactions across the Southeast. …

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Rettew Joins Trion Properties

by Lynn Peisner

LOS ANGELES — Trion Properties has hired Natalina Rettew, a former senior executive at LivCor, a Blackstone company, as head of asset management. At LivCor, Rettew was responsible for a $5 billion portfolio of multifamily and retail properties across California, Oregon, Washington and Colorado. Private equity real estate investment firm Trion Properties was founded in 2005 and focuses on value-add multifamily investments.

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Dominium Hires Vice President of Asset Management

by Lynn Peisner

DALLAS — Affordable housing developer, owner and manager Dominium has hired Kevin McKee as the company’s new vice president of asset management. McKee will be responsible for optimizing property operations while also working with Dominium’s project partners to maximize long-term financial value. Additionally, McKee will lead technology-driven improvements, the adoption of best practices and the development of annual asset-management business plans. Prior to joining Dominium, McKee served as chief operating officer for E&S Ring Management Corp. Earlier in his career, McKee held senior executive roles at Rose Community Management, Related …

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Woda Cooper Hires Former Georgia DCA Finance Director

by Lynn Peisner

COLUMBUS, OHIO — Woda Cooper Cos. has hired Tommy Lowmon as senior vice president. In this role, he will help lead the company’s affordable housing development in Georgia, North and South Carolina. Lowmon comes to Woda Cooper from Sugar Hill Capital, Georgia’s state housing tax credit syndicator. Prior to that, he was the housing finance division director with the Georgia Department of Community Affairs (DCA). Woda Cooper Cos. and its affiliates specialize in the development, design, construction and management of affordable and senior housing communities as well as single-family homes. …

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