Class B Multifamily Investing – A Historic Opportunity – Carter Multifamily – 6.5.18

Summary:

Rental rates in the U.S. are at all time highs: Rental rates have grown 114% over the last 25 years. The pricing gap between Class B and Class A is at historic levels which presents an opportunity for Class B multifamily investors. The Carter Multifamily team has 100 years of combined multifamily real estate experience with over $80 Billion in transactions totaling more than 950,000 units. Please join the founder and CEO, John Carter, as we uncover the historic opportunity in Class B Multifamily real estate.

• Discuss how 50% of millennials (78 million people) are choosing to rent rather than purchase a home
• With over 77 million people, 83% of baby boomers plan to rent
• alue in under-managed, established, stable income-producing multifamily properties that offer value-add enhancement opportunities

Speakers:

John E. Carter is an industry veteran with more than 36 years of real estate experience in all aspects of acquisitions, financing, disposition, leasing, and management. Mr. Carter is the founder and Chairman of Carter Multifamily Growth & Income Fund, LLC, and well as Executive Chairman of the fund’s advisor. Mr. Carter founded Carter Validus Mission Critical REIT, Inc., (“CYMCR”) in 2009 and currently serves as the company’s Chairman and Chief Executive Officer. He also formed Carter Validus Advisors, LLC, where he serves as Chief Executive Officer and as a member of the Investment Committee. Mr. Carter is also Chairman and Chief Executive Officer of CarterValidus Mission Critical REIT II, Inc. (“CVMCR II”) founded in 2013, as well as Chief Executive Officer and Investment Committee member of Carter Validus Advisors II, LLC. CVMCR and CVMCR II are non-traded real estate investment trusts focused on acquiring mission critical net-leased healthcare and data center facilities. Combined, the REITs have raised over $2. 9 billion in equity and invested over $3.8 billion in 150+ commercial real estate assets spanning 11 million rentable square feet across 31 states.

Lisa A. Robinson serves as President of our advisor. Ms. Robinson is a seasoned commercial/multifamily professional with over 30 years of experience working for a range of recognized national and regional real estate firms. She has a diverse and extensive background in all aspects of commercial and multifamily corporate operations, marketing, branding, budgeting, recruiting, training, and teambuilding. Prior to joining our advisor, Ms. Robinson served as Chief Operations Officer of ARA, A Newmark Company (f/k/a Apartment Realty Advisors which was acquired by BGC Partners, an affiliate of Cantor Fitzgerald, in 2014) from September 2005 to January 2017 where she was instrumental in growing the platform from 8 to 27 offices in 10 years and was part of the executive team that launched a JV debt platform along with four national multifamily specialty practice groups focused on Student, Seniors, Affordable and Manufactured housing.

Ray Hutchinson serves as Chief Investment Officer and is a member of the Investment Committee of Carter Multifamily Growth & Income Advisors, LLC. Mr. Hutchinson is also a principal of our sub-advisor, Allegiant Multifamily Capital Advisors, Inc. Mr. Hutchinson is a multifamily expert with over 25 years of REIT executive leadership, development, investment and operational experience in institutionally owned real estate and brings a vast array of acquisition, construction, and disposition experience to our advisor in a sub-advisory role. He has been involved in well over $5.0 billion of investment activity including acquisitions, dispositions and development of garden, mid-rise and high-rise apartment homes. He also has extensive redevelopment experience having managed core and value-add portfolios with annual construction and redevelopment budgets of $35 million to $40 million. He is a founder and principal of Allegiant Multifamily Capital Advisors, a Birmingham, Alabama-based multifamily advisory firm, that has provided multifamily operations and development consulting services to prominent owners and operators to include platforms such as Lincoln Military Housing, Lennar Multifamily and Grosvenor Fund.