As CFO, Mr. Carter oversees all financial management functions, including accounting, reporting, fund administration, treasury, and human resources. He is a member of the Investment Committee and ESG Governance Subcommittee.
Prior to joining Penzance, Mr. Carter served as the Chief Accounting Officer and Treasurer for Watermark Lodging Trust, a REIT that invested in luxury and upscale hotels and resorts throughout the US. He helped lead Watermark Lodging Trust through the merger of two REITs in order to complete the transition from W. P. Carey, the previous advisor to the two REITs, of which Mr. Carter also served as Chief Accounting Officer. Prior to joining W. P. Carey, he had been the controller at Hospitality Investors Trust and Global Net Lease and a senior manager in Ernst & Young’s real estate assurance group in New York, having worked in its London and Vancouver offices.
Mr. Carter received a BComm in Accounting from the University of British Columbia and is a licensed Certified Public Accountant in New York and a member of the Chartered Professional Accountants of Canada (CPA, CA).