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Alternative Assets  + Real Estate  | 
GID Expands Residential Platform Into Mid-Atlantic With Senior Hire

GID Expands Residential Platform Into Mid-Atlantic With Senior Hire

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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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.