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

July 16, 2026 - 18:47

NEW YORK, July 16, 2026 -- GID, a vertically integrated real estate firm that owns, operates, develops, and invests in properties, is growing its national development arm. The company, which manages $32.8 billion in assets, announced today that it is expanding GID Residential Partners into the Texas market.

The move is part of a broader strategy to increase the firm's development pipeline in high-growth Sun Belt regions. To lead the effort, GID has brought on Matt Miller as Senior Managing Director. Miller is a veteran in the multifamily development space, and his hiring signals the company's intent to move quickly on new projects in the state.

Texas has been a magnet for both population and job growth over the past decade, making it a prime target for large-scale rental housing development. GID already has a significant presence in other major U.S. markets, and this expansion adds another key geography to its development portfolio. The company did not disclose specific project sites or timelines, but the announcement points to a sustained push into the region's competitive housing market.