GID is expanding its national development platform, GID Residential Partners, into the Mid-Atlantic, marking a strategic push into one of the firm’s next targeted growth regions.
The initiative will be led by Duncan Jones, who joins as Senior Managing Director and brings two decades of multifamily experience, including 16 years developing across Virginia, Washington, D.C., suburban Maryland and North Carolina. Over his career, Jones has contributed to more than 7,000 homes across 25 communities, spanning both rental and for-sale housing.
“Expanding into the Mid-Atlantic represents a natural next step as we strategically scale GID Residential Partners,” said Sean Caldwell, President of GID Residential Partners. “The region offers a compelling opportunity for long-term growth, and Duncan’s strong experience across these markets positions him well to lead our efforts and establish a meaningful presence.”
The expansion builds on momentum from the platform’s launch last year. GID Residential Partners has already assembled a development pipeline of approximately 3,500 units across high-growth markets including Atlanta, Houston, Austin and Denver, with additional expansion underway in Florida and Georgia.
The platform leverages GID’s vertically integrated model, which includes in-house development, design, construction and property management capabilities, enabling the firm to scale efficiently across markets.
GID currently owns and manages $32.1 billion in assets, including more than 57,000 apartment units and over 28 million square feet of industrial and commercial space, positioning the firm to continue expanding its residential footprint nationwide.
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