LEDIC Management Group is a third-party investment real estate management firm specializing in multifamily housing communities (apartments). LEDIC's core services include property management, acquisition analysis, market research and construction/rehabilitation management.
This type of service is also commonly known as a “fee management” company.
LEDIC manages more than 25,000 apartment or multifamily units, making it one of the largest fee managers nationwide.
Customers include two important groups: People who invest in multifamily properties and all the people who live in them. The first group includes syndicates, institutional investors and a variety of public and private owners.
LEDIC was founded in 1979 by Scott P. Ledbetter, Sr., to act as manager for brokerage clients of sister company SPL Corp. (now CB Richard Ellis Multifamily).
LEDIC operates in 14 states, including all major southeastern U.S. markets, with headquarter offices in Memphis.
