ECI Group, an Atlanta-based multifamily owner and developer, welcomes apartment investment executive, Scott Levitt, as Chief Acquisitions Officer. Mr. Levitt will be responsible for starting and
growing a dedicated multifamily acquisition platform for ECI in the Southeastern United States and Texas and for all disposition activity at the company.
“ECI is excited to welcome Scott to lead our acquisitions platform,” said ECI Capital President, James “Jimmy” Baugnon. “His extensive background in multifamily investing and transactional track record position ECI to grow more aggressively through acquisition activity in the Southeastern United States and Texas. Our goal is to acquire and renovate 1,500 units of market rate multifamily units annually, including garden, mid-rise and high-rise, dependent on market demand. With ECI’s fully vertically integrated structure as a developer, builder and manager, we have the capacity and resources to execute this plan.”
Scott Levitt is an apartment investment professional who has completed over $2.3 billion in acquisitions, development, financing, dispositions and joint venture equity investment transactions in the past two decades. Most recently, he served as Southeast Partner for Strand Communities, responsible for all investment, asset management and operational activity for the company. Prior to that, Mr. Levitt was Vice President/Acquisitions – Southeast Region for Passco Companies, responsible for all apartment acquisition activity. Other prior positions included serving as Partner for Southeast Capital Partners and as Vice President/Senior Acquisition Director for Lane Investment & Development. Mr. Levitt earned his B.A. at Washington and Lee University.