Carter Funds announces the completion of The Maxwell, a state-of-the-art multifamily residential community in Rome, Georgia.
In partnership with the developer, Gateway Development Corporation, the project delivered 200 thoughtfully designed apartment homes ahead of schedule and within budget. ServisFirst Bank provided construction loan financing for the project.
The Maxwell offers a range of modern amenities, including a resort-style swimming pool, a fully equipped fitness center, a resident clubhouse, pet spa, afully-equipped fitness center, and beautifully landscaped outdoor communal spaces. With its prime location, residents will enjoy easy access to the Atlanta metro as well as local shopping, dining, and entertainment options.
“We are thrilled to officially open The Maxwell and witness an impressive leasing response with over 70% of the property already leased,” said Ray Hutchinson, chief investment officer of Carter Funds. “This project demonstrates our commitment to creating high-quality, comfortable, and vibrant living environments in growing submarkets. The Rome, GA market was recently ranked as the sixth top metro in the U.S. for economic development and has recently attracted new projects from major companies like Tesla, Honda, and Microsoft.”
Carter Funds is a fully integrated real estate investment company built on over 300 years of real estate experience. With more than $3 billion in assets under management through its affiliated companies (Carter Multifamily, Carter Exchange, Aphorio Carter, and Allegiant-Carter Management), Carter Funds focuses on acquiring, developing, and expertly managing real estate investments in high-growth industries and markets throughout the Southern and Mid-Atlantic U.S. As of June 2024, Carter Funds manages a portfolio of more than 10,000 apartment homes with assets under management totaling approximately $3.1 Billion.
