Mr. Carleton leads our Real Estate Investment and Finance Group, with responsibility for overall portfolio management of Island Capital’s three debt-focused opportunity funds, including identifying and underwriting investment acquisition opportunities and formulating investment exit strategies for those funds.
Prior to joining Island Capital, Mr. Carleton served as a Senior Managing Director of Insignia. During his tenure at Insignia, Mr. Carleton had primary responsibility for Insignia’s opportunity funds that invested primarily in securitized real estate debt. In the 1990s, Mr. Carleton played an integral role in structuring and executing the securitization of billions of dollars of debt that was secured by real estate controlled by Insignia, including the first stand-alone securitized multi-family loan pool. For the 12 years prior to Insignia, Mr. Carleton, held various management positions at Travelers Insurance where he was responsible for managing debt and equity real estate investments.
Mr. Carleton received undergraduate and graduate degrees from Emory University, Florida Atlantic University and American University in 1979, 1981, and 1988, respectively, where he majored in Chemistry, Finance/Accounting, and Real Estate Development.