LEDIC To Manage Transom Tennessee Portfolio LEDIC Management Group, a third party property management firm, has announced that it has been selected by Transom Development, a wholly owned SunTrust Banks, Inc. development company, to manage its entire Tennessee multifamily housing portfolio.
Chardonnay Apartments sold for 6.2M The 142-unit Chardonnay Apartments in Germantown has been sold for $6.2 million, or $43,387 per unit, according to CB Richard Ellis.
LEDIC in NREI Magazine "Best of the Best" Rankings The following is a condensed version of the apartment management portion of the 2004 NMHC 50, an annual ranking of the 50 largest U.S. apartment owners and managers published in NREI's April issue. The companies below are ranked according to the number of apartment units they managed as of Jan. 1, 2004.
