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ProspectLakeWire

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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Nick-Steele-Lument

DENVER — Nick Steele has joined Lument to lead investment sales across Colorado, Idaho, Montana and Wyoming. Steele joins Lument from Berkadia, where he worked in the firm’s Denver office. Prior to Berkadia, Steele held senior roles at Marcus & Millichap and started his career at Apartment Realty Advisors. Over the course of his career, Steele has closed approximately $1.5 billion in multifamily sales. Lument is a banking and lending company that launched an investment sales division in 2024.

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Jon-Burckin-CDLI

NEW YORK — KeyBank Community Development Lending and Investment (CDLI) has appointed Jon Burckin to senior business development banker on the equity distribution team. He is based in the firm’s New York City office and reports to Stacie Nekus, team leader for an equity growth initiative within CDLI. In this role, Burckin is responsible for raising capital and bringing in new investors for CDLI’s affordable housing equity syndication platform across the United States.

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Sarah-Young

GREENSBORO, N.C. — Sarah C. Young will replace John Tomlinson as chief financial officer (CFO) of Bell Partners, a Greensboro-based investment and property management company. The transition will be effective upon Tomlinson’s retirement, which begins Aug. 22. Young will report to Chief Executive Officer Lili Dunn. After his retirement, Tomlinson will remain as an advisor to the company through the end of 2025. Young previously served as CFO and senior managing director at Quarterra Group, a subsidiary of Lennar, where she worked for 10 years managing financial operations and strategic …

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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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Connor-Mortland

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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Payne_David

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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Natalina-Rettew

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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Kevin-Mckee

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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