Daryl Carter Biography


Chairman and CEO, Avanath Capital Management


 


Daryl J. Carter is the Founder, Chairman and CEO of Avanath Capital Management, LLC, a Southern California based investment firm focused on workforce and affordable multifamily properties.  Mr. Carter directs the strategy, investments, and operations of the firm.  Since its formation in 2008, the Company has acquired $1 billion of multifamily properties.  Mr. Carter is also a Managing Partner of McKinley-Avanath, a property management company focused on the affordable apartment sector, an entity owned jointly by Avanath and McKinley, Inc.


Mr. Carter has 36 years of experience in the commercial real estate industry. Previously, he was an Executive Managing Director of Centerline Capital Group (“Centerline”) and head of the Commercial Real Estate Group.  Mr. Carter became part of the Centerline team when his company, Capri Capi­tal Finance (“CCF”), was acquired by Centerline in 2005. Mr. Carter co-founded and served as Co-Chairman of both CCF and Capri Capital Advisors (“CCA”).  He was instrumental in building Capri to a diversified real estate investment firm with $8 billion in real estate equity and debt investments under management.  Prior to Capri, Mr. Carter was Regional Vice President at Westinghouse Credit Corporation in Irvine and a Second Vice President at Continental Bank in Chicago.


Mr. Carter holds dual Masters Degrees in Archi­tecture and Management, both received from the Massachusetts Institute of Technology. He received a Bachelor of Science degree in Architecture from the University of Michigan. Mr. Carter is a Past Chairman of the National Multifamily Housing Council.  Mr. Carter serves on the Visiting Committee of the M.I.T. Sloan School of Management.  Mr. Carter also serves as an independent director of two public companies, Whitestone REIT (NYSE:WSR), a retail/office REIT, and Silver Bay Realty Trust Corporation (NYSE:SBY), a single-family rental REIT.