GID Residential Continues Growth of Multifamily Development Platform; Announces New Georgia Expansion

By: via Business Wire

Expansion and strategic growth across the region will be led by industry veteran Josh Boling

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.

About GID

GID is a privately-held, vertically-integrated real estate company that owns, operates, and/or manages a portfolio of multifamily and industrial assets, and develops multifamily and mixed-use projects across the United States. The firm also operates a credit platform that provides commercial real estate debt solutions for institutional borrowers. With corporate offices in Atlanta, Boston, Dallas, Dubai, New York and San Francisco, and 65 years of experience across multiple asset classes, GID is a seasoned real estate investor and manager with an integrated operating platform. As of December 31, 2025, GID owns and/or manages $32.1 billion of assets under management1 across 57,000+ apartment units and 28+ million square feet of industrial and commercial space.

1AUM is as of December 31, 2025 and is calculated in compliance with the definition for Assets Under Management (“AUM”) prescribed in INREV’s Global Definitions Database and includes the market value of real estate as well as non-real estate assets (including any cash in the vehicle or mandate) and committed but uncalled capital for which GID provides oversight and investment management services (for internal client capital and third-party capital) in the funds as well as “Other GID Accounts,” (as defined below) and accounts for which GID provides asset management services without an equity investment. Other GID Accounts include proprietary accounts and co-investment joint ventures with unaffiliated investors where the latter maintain significant approval rights over the management of these investments. Such investment vehicles are not considered "securities portfolios" or "private funds" for purposes of the Advisers Act and are not included in the regulatory assets under management reported in Form ADV Part 1A or Part2A. As of December 31, 2025, the firm’s regulatory assets under management totaled $5.8B.

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