Carter Taps Hagley For Apartment Surge

We caught up with Carter's newest hire, Jerome Hagley, who'll lead the firm's multifamily and mixed-use development. Jerome jumps over from The Dawson Co, having already worked with Carter on The Banks mixed-use stadium development in Cincinnati and Lindbergh City Center in Atlanta. So what's changed about today's development world? Developers are more measured in the projects they take on, he says.

You also need to underwrite a development on a long-term basis. (No one night developments around here, they need a commitment.) As the market improves, Jerome says Carter is beginning to eye more projects locally again. Already, it's pursuing the right to be master developer for Sandy Springs City Center development (above, which looks curiously like the giant road carpet we had as a kid). And Jerome says there could be a focus on apartments as Carter looks to grow its multifamily development biz.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague