GID, a vertically-integrated real estate owner, operator, developer and investor with $32.1 billion in assets under management, today announced the continued expansion of GID Residential Partners, its national development platform, with a strategic entry into the Georgia market. The initiative will be led by industry veteran Josh Boling, who joins the firm as Senior Managing Director.

Building on GID’s longstanding multifamily development experience, the entry into Georgia represents an extension of the Company’s recently announced GID Residential Partners platform. GID's Georgia presence reflects the firm's continued focus on expanding its private market real estate strategies in markets where fundamentals — including population growth, employment trends, and housing demand — have historically supported real estate investment activity.

“Georgia represents a highly attractive market as we continue to expand GID Residential Partners into key growth regions,” said Sean Caldwell, President of GID Residential Partners. “Mr. Boling’s extensive development experience and deep understanding of the local landscape uniquely position him to lead our efforts and drive meaningful growth in the region.”

Mr. Boling brings 22 years of real estate experience, including 13 years as a developer across the broader Georgia market. He has led the development of 16 communities in the region ranging from build-to-rent, garden, wrap and mixed-used communities. For the past nine years, he oversaw all development operations for Audubon Communities, where he served as its Chief Development Officer.

“GID’s growth-oriented residential platform aligns with my prior experience and I look forward to advancing the firm’s vision across Georgia,” said Josh Boling. “The firm’s vertically-integrated capabilities and focus on quality will enable us to deliver impactful communities.”

GID Residential Partners continues to build upon GID’s vertically-integrated platform, including in-house development, design, construction and property management capabilities. Following its launch last year, the platform has established a pipeline of approximately 3,500 units across Atlanta, Houston, Austin, and Denver.¹ The platform is currently expanding in Florida across the county markets of Miami-Dade, Broward and Palm Beach, and plans to continue expanding into key markets in the Northeast, Southeast, Southwest and West.

“Georgia is an attractive market for our residential platform, given its ongoing economic momentum,” said John Gagnier, President, GID Development. “Bringing on experienced leaders like Josh is critical to our approach as we expand into these important regions.”

GID has delivered landmark projects including Waterline Square in New York, High Street in Atlanta and Cirrus and Stratus in Seattle. The firm’s vertically-integrated platform provides alignment with partners and consistency, and the expansion of GID Residential Partners will further enhance the firm’s visibility in the national multifamily market.

1. There can be no guarantee that GID’s sourcing capabilities will continue or that they will continue at the pace described herein.