GID Residential Continues Growth of Multifamily Development Platform With New Texas Expansion

Expansion and strategic growth across the region will be led by industry veteran Matt Miller

NEW YORK--(BUSINESS WIRE)--GID, a vertically-integrated real estate owner, operator, developer and investor with $32.8 billion in assets under management, today announced the continued expansion of GID Residential Partners, its national development platform, with a strategic expansion in the Texas market. The initiative will be led by industry veteran Matt Miller, who joins the firm as Senior Managing Director.

Building on GID's longstanding multifamily development experience, the formalized presence in Texas represents an extension of the firm’s recently announced GID Residential Partners platform. GID's Texas operations reflect 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.

"GID believes that Texas has long been one of the most compelling markets for multifamily development in the country, and we are excited to formalize our presence there as we continue scaling GID Residential Partners," said Sean Caldwell, President of GID Residential Partners. "Matt's deep regional knowledge, development experience and familiarity of the local landscape make him ideally suited to lead our efforts and drive meaningful growth across the state."

Miller brings over seven years of real estate development experience within Texas and Oklahoma. His background encompasses regional strategy, land acquisitions, entitlements and project delivery, with a career spanning 15 communities, 4,200 rental homes and $800 million in multifamily development. For the seven years prior to joining GID Residential Partners, Miller was VP of Development for Dallas Fort-Worth at Wood Partners and oversaw Quarterra Group’s Texas operations.

"GID's vertically-integrated platform and clear vision for national growth made this an outstanding opportunity," said Matt Miller. "I look forward to leveraging my experience across the Texas market to help build a strong pipeline and deliver high-quality communities that meet the region's growing demand for housing."

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 homes across Atlanta, Houston, Austin and Denver.¹ The platform is currently expanding in the Mid-Atlantic, Florida and Georgia, and plans to continue expanding into key markets in the Northeast, Southeast, Southwest and West.

"Texas is a natural fit for our residential platform, underpinned by strong population growth, robust job creation and sustained housing demand," said John Gagnier, President, GID Development. "Bringing on experienced leaders like Matt is central to our approach as we expand into these high-priority markets."

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, San Francisco and West Palm Beach, 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 March 31, 2026, GID owns and/or manages $32.8 billion of assets under management across 57,000+ apartment units and 28+ million square feet of industrial and commercial space.

¹AUM is as of March 31, 2026 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 Part 2A. As of December 31, 2025, the firm’s regulatory assets under management totaled $5.9B.