Our History
Built Through Execution, Growth, and Platform Expansion
First Investment Properties
ECA Co-Founders purchased their first investment properties in North Carolina.
Partnership Conceptualized
On May 30, 2020, Co-Founders Michael and Loyd sat down at a local brewery and decided to go into partnership, laying the groundwork for what would become ECA.
Private Equity Platform Launch
After years of using internal partner capital, outside investors were introduced to support continued portfolio growth and acquisitions.
Vertical Integration Begins
Property management was brought in house, paving the way for what would later become Green Alpha Property Management and ECA’s vertically integrated operating model.
ECA Founded
In February of 2022, the company transitioned to Emerald City Associates, formally establishing the ECA brand and platform.
Multi-State Expansion
ECA expanded across North Carolina, South Carolina, Georgia, and Alabama, continuing to focus on supply-constrained and underserved markets.
Platform Expansion Accelerates
ECA expanded into logistics and warehousing operations, rapidly increasing renovation capacity and laying the groundwork for what would later become Axis Renovation and Supply. During the year, the platform also surpassed 2,000 units closed.
Rapid Platform Expansion
ECA surpassed 4,000 units and $440M in assets under management while growing to more than 150 employees across the platform.
Scaled Investment Platform
ECA surpassed $600M in assets under management while continuing to expand its full platform of supporting businesses across operations, construction, logistics, asset management, and capital markets. The platform now operates across the Southeast and Southwestern United States.