ECI Group Successfully Sells Houma Highlands Apartment Complex

Author: Logan Wright Updated: 02-26-2025 04:49 PM

ECI Group Announces Sale of Houma Highlands Apartments

ECI Group (ECI) is excited to share the successful sale of the Houma Highlands apartments, a significant community comprising 378 units located at 461 S. Hollywood Road. This 16-building complex was initially developed in phases, with its first phase completed in 2004 and the second phase in 2012 under ECI’s guidance after acquiring it.

Transformational Development Initiatives

Scott Levitt, Chief Acquisitions Officer at ECI Group, expressed pride in the company's contributions to the community throughout its ownership. "Our integrated services, including development and property management, have transformed Houma Highlands into a thriving residential community. We trust that our partners at Oakwood Capital will continue this positive trajectory," Levitt shared.

Investment Growth and Future Plans

In recent months, ECI secured an impressive $350 million equity infusion from Almanac Realty Investors. This funding will bolster ECI’s efforts to explore further acquisition and development opportunities in key markets across the Southeast and Texas. With a commendable pedigree in the multifamily industry, ECI is well-equipped to expand its impact in these regions.

Amenities that Attract Residents

The Houma Highlands community boasts an array of appealing amenities, making it an excellent choice for residents seeking quality living. The apartments offer pet-friendly options with various layouts, featuring modern finishes such as upgraded countertops and stainless steel appliances. The community's outdoor areas are complemented by a resort-style pool and a fully equipped fitness center, promising an active and enjoyable lifestyle for its residents.

Collaborations with Local Experts

ECI Group extends its heartfelt gratitude to Larry G. Schedler & Associates and Mike Kemether from Cushman & Wakefield. Their dedicated representation played a vital role in facilitating the sale of Houma Highlands Apartments.

Understanding ECI Group’s Legacy

With over 50 years of experience, ECI Group stands out as one of the premier privately-owned real estate organizations. Its integrated approach spans development, construction, investment, and property management, receiving accolades for performance and innovation in the multifamily sector. With a portfolio exceeding 7,000 units, notably in the Southeast and Texas, ECI Group is well-positioned for continued success.

Media Contact Information

For media inquiries, please contact:
Karen Widmayer
KW Communications, LLC
Email: karenwidmayerpr@gmail.com
Phone: 301.661.1448

Frequently Asked Questions

What is ECI Group known for?

ECI Group is recognized for its extensive experience in real estate, specializing in multifamily property development and management.

When was Houma Highlands completed?

Houma Highlands was built in two phases, with the first phase completed in 2004 and the second phase in 2012.

What amenities do the Houma Highlands apartments offer?

Residents enjoy a range of amenities, including a resort-style pool, fitness center, and beautifully landscaped green spaces.

Who represented ECI Group during the sale?

ECI Group thanks Larry G. Schedler & Associates and Mike Kemether from Cushman & Wakefield for their vital role in the sale of the property.

What are ECI Group’s future plans?

ECI Group aims to continue pursuing acquisition and development opportunities in notable markets across the Southeast and Texas.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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