Latest news with #ScottTaylor
Yahoo
21 hours ago
- Business
- Yahoo
Carter sells controlling interest to Hunt Cos.
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: Last week, El Paso, Texas-based Hunt Cos. acquired a controlling interest in Carter, in a move that should give the Atlanta-based developer runway for future growth in mixed-use and residential development in the Sun Belt, according to a news release. Longtime Carter Chairman and CEO Bob Peterson has been bought out, but President and CEO Scott Taylor will remain in his role. The company will continue to operate as a standalone entity. Terms were not disclosed. Carter, a 67-year-old company, has over $1 billion of active development throughout the Southeast, including equity mixed-use and multifamily projects. The developer recently launched Story, a collection of new, garden-style apartment communities located in major Southeastern markets. Dive Insight: Hunt and Carter have previously partnered on projects such as Prospect Lake Wire, a mixed-use development in Lakeland, Florida, and The DeSOTA, a luxury apartment property in Sarasota, Florida. 'We had the good fortune of being partners with Hunt on two transactions over the course of the last 10 years,' Taylor told Multifamily Dive. 'We have a great relationship and shared values. We just really enjoyed working together for some time.' In the Atlanta area, Carter has over $450 million in mixed-use projects, including Summerhill, an 80-acre redevelopment of the area around the Atlanta Braves' former ballpark Turner Field, featuring office, retail, restaurants and housing. Carter had explored various scenarios regarding aligning with a strategic partner over the past few years, according to Taylor. 'The great opportunity with the Hunt Companies is that their financial resources and operational resources just provide wonderful growth opportunities for our platform,' Taylor said. 'We really were looking for growth-type capital.' With Hunt's financial support, Carter can expand its platform in mixed-use, residential development and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. 'We are looking to extend our platform through a Sun Belt strategy, from the Phoenix market through Texas into the Southeast,' Taylor said. 'The Hunt Companies has a national footprint, which really allows us the opportunity to grow thoughtfully.' Hunt also has a robust public-private partnerships platform, which could help Carter. 'That's where we think there could be some very interesting synergies with Carter's background in mixed use, coupled with the tremendous expertise of Hunt's P3 business,' Taylor said. Click here to sign up to receive multifamily and apartment news like this article in your inbox every weekday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Hunt Companies Acquires Controlling Interest in Carter, Strengthening Real Estate Development Platform
EL PASO, Texas & ATLANTA, July 18, 2025--(BUSINESS WIRE)--Hunt Companies, Inc. ("Hunt"), an El Paso-based holding company with a focus on real estate, infrastructure and financial services, announced today that it has acquired a majority stake in Carter ("Carter"), a premier real estate investment and development firm headquartered in Atlanta, GA. The acquisition reinforces Carter's position as a leader in mixed-use and residential development while expanding its ability to pursue large-scale opportunities across the United States. The companies have a proven partnership, with Hunt and Carter most recently delivering the Prospect Lake Wire project, a transformational mixed-use development in Lakeland, FL, and previously The DeSOTA, a highly successful luxury apartment community in Sarasota, FL. These projects underline the two companies' shared commitment to delivering innovative, high-quality developments that create value for communities and stakeholders alike. With this change, Bob Peterson, long-time CEO and Chairman of Carter, has announced his retirement, and following the transaction, Scott Taylor will continue in his role as President and Chief Executive Officer of Carter, leading the company's day-to-day operations, while also continuing as a partner. "Partnering with Hunt represents an exciting new chapter for Carter," said Taylor. "Hunt's strategic expertise, financial strength, and commitment to long-term growth align perfectly with our mission to deliver extraordinary mixed-use and residential projects. Together, through successes like Prospect Lake Wire and The DeSOTA, we're proving that collaboration drives impact, transforming spaces into vibrant communities where people thrive." Ryan McCrory, President of Hunt Companies, stated, "Carter brings decades of experience and an impressive track record in real estate development. Our successful collaborations demonstrate the strong foundation we already share. With this partnership, we're leveraging our combined strengths to accelerate growth while maintaining focus on quality, innovation, and sustainability." Hunt's support will enable Carter to expand its platform in mixed-use, residential development, and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. "For over 75 years, Hunt has been committed to advancing thoughtful real estate development strategies," added McCrory. "Our partnership with Carter aligns with our vision of creating impactful projects that build stronger communities." Carter's strategic priorities moving forward include expanding its footprint throughout the Sunbelt in mixed-use developments and identifying high-value residential projects that foster long-term value for its investors and clients. About Hunt Companies Hunt Companies is a principal investment firm founded in 1947 based in El Paso, TX with interests in the real estate, infrastructure and financial services sectors. As an owner operator with a strong investment platform and financial structuring expertise, Hunt develops lasting relationships to create value for its investors, clients, employees and communities. The company and its affiliates are committed to promoting community growth and a sustainable future through our business practices, purpose-driven investment, and charitable About Carter Carter is a privately held real estate investment and development company headquartered in Atlanta, Georgia. Since 1958, Carter has delivered transformative mixed-use and residential projects across the United States, with a focus on thoughtful design, strategic partnerships, and community-centered development. Known for landmark developments such as The Grounds in Winston-Salem, NC; Summerhill in Atlanta, GA; The Banks in Cincinnati, OH; City Springs in Sandy Springs, GA; and The DeSOTA in Sarasota, FL, Carter combines decades of experience with a relationship-driven approach that delivers lasting value. Carter's purpose is to make a difference by transforming communities and spaces so people can thrive. For more information, visit View source version on Contacts For media inquiries, please contact: Carolyn BakerSVP Corporate CommunicationsHunt 856/298-2036
Business Wire
4 days ago
- Business
- Business Wire
Hunt Companies Acquires Controlling Interest in Carter, Strengthening Real Estate Development Platform
EL PASO, Texas & ATLANTA--(BUSINESS WIRE)--Hunt Companies, Inc. ('Hunt'), an El Paso-based holding company with a focus on real estate, infrastructure and financial services, announced today that it has acquired a majority stake in Carter ('Carter'), a premier real estate investment and development firm headquartered in Atlanta, GA. The acquisition reinforces Carter's position as a leader in mixed-use and residential development while expanding its ability to pursue large-scale opportunities across the United States. Hunt's support will enable Carter to expand its platform in mixed-use, residential development, and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. The companies have a proven partnership, with Hunt and Carter most recently delivering the Prospect Lake Wire project, a transformational mixed-use development in Lakeland, FL, and previously The DeSOTA, a highly successful luxury apartment community in Sarasota, FL. These projects underline the two companies' shared commitment to delivering innovative, high-quality developments that create value for communities and stakeholders alike. With this change, Bob Peterson, long-time CEO and Chairman of Carter, has announced his retirement, and following the transaction, Scott Taylor will continue in his role as President and Chief Executive Officer of Carter, leading the company's day-to-day operations, while also continuing as a partner. 'Partnering with Hunt represents an exciting new chapter for Carter,' said Taylor. 'Hunt's strategic expertise, financial strength, and commitment to long-term growth align perfectly with our mission to deliver extraordinary mixed-use and residential projects. Together, through successes like Prospect Lake Wire and The DeSOTA, we're proving that collaboration drives impact, transforming spaces into vibrant communities where people thrive.' Ryan McCrory, President of Hunt Companies, stated, 'Carter brings decades of experience and an impressive track record in real estate development. Our successful collaborations demonstrate the strong foundation we already share. With this partnership, we're leveraging our combined strengths to accelerate growth while maintaining focus on quality, innovation, and sustainability.' Hunt's support will enable Carter to expand its platform in mixed-use, residential development, and relationship-driven growth initiatives. The partnership aims to grow banking relationships and secure additional investment opportunities in key markets. 'For over 75 years, Hunt has been committed to advancing thoughtful real estate development strategies,' added McCrory. 'Our partnership with Carter aligns with our vision of creating impactful projects that build stronger communities.' Carter's strategic priorities moving forward include expanding its footprint throughout the Sunbelt in mixed-use developments and identifying high-value residential projects that foster long-term value for its investors and clients. About Hunt Companies Hunt Companies is a principal investment firm founded in 1947 based in El Paso, TX with interests in the real estate, infrastructure and financial services sectors. As an owner operator with a strong investment platform and financial structuring expertise, Hunt develops lasting relationships to create value for its investors, clients, employees and communities. The company and its affiliates are committed to promoting community growth and a sustainable future through our business practices, purpose-driven investment, and charitable giving. About Carter Carter is a privately held real estate investment and development company headquartered in Atlanta, Georgia. Since 1958, Carter has delivered transformative mixed-use and residential projects across the United States, with a focus on thoughtful design, strategic partnerships, and community-centered development. Known for landmark developments such as The Grounds in Winston-Salem, NC; Summerhill in Atlanta, GA; The Banks in Cincinnati, OH; City Springs in Sandy Springs, GA; and The DeSOTA in Sarasota, FL, Carter combines decades of experience with a relationship-driven approach that delivers lasting value. Carter's purpose is to make a difference by transforming communities and spaces so people can thrive. For more information, visit
Perth Now
14-07-2025
- Business
- Perth Now
New sauna & cold plunge opens in bustling Perth suburb
There is a new sauna & cold plunge in Perth and it's redefining the wellness and hospitality experience. Melt Sauna & Cold Plunge recently opened in Subiaco with a single-minded determination to serve the community's mental, physical and social well-being. According to founder Scott Taylor, Melt was opened with the clear understanding that wellness is the new hospitality and that social wellness is now as habitual as meeting friends at the pub. 'We designed Melt to be a place for you, whether individually, with a friend or a small group, created specifically for one thing: 30 to 60 minutes of social recovery,' explains founder Scott Taylor. While Melt's two Finnish saunas can fit up to 20 people, you'll never find more than eight per sauna, to ensure a more comfortable experience. Its saunas are divided into 'more chat' for those wanting to socialise and 'less chat' for anyone preferring a more solitary sauna experience. The custom-built cold plunge pool is a refreshing 8.5 degrees – providing all the perks of the colder temps while remaining more 'palatable' for a social interaction. Melt Sauna & Cold Plunge. Credit: Supplied But Melt is not your typical sauna and cold plunge. 'Hospitality is in our DNA at Melt,' explains founder Scott Taylor. That's why you'll find complimentary Micrology coffee on tap - with all the milk options - alongside still and sparkling water and XO herbal teas. Melt also offers unique experiences, such as Sunday Sessions every weekend from 8 am to 10 am, where live DJs curate the soundtrack for your sauna and cold plunge. 'It's all the vibes, without the hangover.' Melt Sauna & Cold Plunge. Credit: Supplied Demonstrating Melt's strong community focus, Scott also teamed up with Beyond Blue to offer Melt at Dawn, a free session available from 5 am to 6 am daily. As Scott explains, 'We didn't want anyone's financial situation to be a barrier to enjoying the healing benefits of sauna and cold plunge.' The benefits of sauna and cold plunge are well documented. The sauna's heat promotes deep relaxation, improved circulation and detoxification. The cold plunge helps reduce inflammation, activates the parasympathetic nervous system, and aids in muscle recovery. Moving between the two (known as contrast therapy) boosts the immune system, improves skin tone and creates a deep sense of well-being. It also cultivates what the Finnish call Sisu, which Scott describes as an almost spiritual determination and grit to push past perceived limits and persevere with quiet courage. Melt Sauna & Cold Plunge. Credit: Supplied Later this year, the Melt team will expand their wellness services to include classes. Expect breathwork, yoga, mat Pilates, meditation, and sound healing to complement sauna and cold plunge sessions. As Scott explains, 'We're going to have Morgan Freeman's AI voice leading one of the breathwork classes, which I thought was very fun.' Melt Sauna & Cold Plunge is located at 8/1 Forrest St, Subiaco WA 6008.
Sky News
01-07-2025
- Business
- Sky News
'My mother passed away and left her home to my brother - now I worry I'll lose my house'
Every Tuesday, we get an expert to answer your financial problems or consumer disputes. Today, reader Richard asks... My mother passed away at the start of the year and I have just discovered that she has left her house to my younger brother, who for the last couple of years has lived at home after a messy divorce and losing his job. I suspect, but can't prove, that my brother has influenced her decision. I know for a fact I was an equal beneficiary in an older version of the will. My mother knew that I had taken out a large solo mortgage in the knowledge I'd be getting inheritance. Now, with the prospect of paying some of that off and with health problems of my own, I worry I am going to lose my house. What are my options for disputing the will? We asked Scott Taylor, partner in private wealth disputes at Moore Barlow, to tackle this one. He says: "Finding out you've been left out of a will, or that your inheritance is far less than you expected, can feel like a second loss. "It's deeply emotional, especially when it comes as a shock, and particularly if there's a sense that a parent's wishes have changed late in life under circumstances that raise concerns. "At Moore Barlow, we work with many people facing this exact situation. Sometimes there are clear reasons for an unequal distribution - perhaps one child was supported more during life, or another has greater financial need. "But in other cases, there's no explanation, and people are left trying to make sense of a decision that doesn't reflect earlier conversations or long-standing expectations. "Legally speaking, in England and Wales, everyone has the freedom to leave their estate as they choose as long as they hold the requisite level of mental capacity and have not been subject to undue influence. But that doesn't mean beneficiaries are powerless." Taylor adds: "Children of the deceased are entitled to make an application to the court for greater financial provision from an estate if they believe that reasonable financial provision hasn't been made for them - especially if they were financially reliant on the deceased or made significant life decisions based on promises of future inheritance. "It's also possible to bring a claim if you suspect the person who made the will lacked mental capacity at the time, or was subject to undue influence. This can be difficult to prove, but we often find that when a will has been drawn up professionally, there are solicitor notes or correspondence that can offer useful insight into what was going on at the time. "Another route we sometimes explore with clients is proprietary estoppel. This is where someone has acted to their financial detriment based on a promise of future inheritance - for example, taking on a large mortgage or providing long-term care or support in the belief they'd one day receive the family home. "Whatever the circumstances, the first step is always to gather information. Ask for a copy of the will, speak to the solicitor who drafted it if possible, and try to understand what's changed and why. "At the same time, it's vital to act quickly - there are strict time limits for bringing certain types of claim, and delays can weaken your position. "In many cases, it doesn't have to come down to a courtroom battle. Mediation is increasingly common in inheritance disputes, and with the right support, it can be a constructive way to air concerns, find common ground and avoid long-term damage to family relationships. It's private, less adversarial, and often far more effective than people expect. "Inheritance disputes are never just about money. They're about love, trust, family history - and trying to make sense of someone's final wishes. "We understand how difficult that can be, and we're here to help clients navigate it with empathy, clarity, and care." This feature is not intended as financial advice - the aim is to give an overview of the things you should think about.
