LEDIC Management Group (LEDIC), an affiliate of Hunt Companies, Inc., announced today 32 new multi-family management contracts in Texas and new regional offices in El Paso, Houston, and Dallas. The announcement was made today by Pierce Ledbetter, CEO of LEDIC Management Group. This strategic expansion brings LEDICs total multifamily units under management in Texas to 4,017. Headquartered in Memphis, Tennessee, LEDIC is a third party, real estate management firm specializing in the operation of multifamily housing communities across the United States. LEDIC currently manages over 25,000 multi-family units in over a dozen states.
In El Paso, Investment Builders Inc (IBI) began transitioning its entire El Paso portfolio to LEDIC May 1st, a transition that will continue throughout the month of May. IBIs portfolio includes The Tuscany at Mesa Hills (369 units) and North Hills Village (150 units including 70 units under construction).
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