Overview
GID owns and operates over 55,000 multifamily units across the United States. The firm’s vertically-integrated operating platform provides a broad scope of knowledge and experience in managing, operating and investing in multifamily properties.
GID’s capabilities include:
- Portfolio Management
- Asset Management
- ESG
- Development
- Acquisitions
- Research and Data Analytics
- Property Management
- Finance and Corporate Operations
GID’s in-house property management company, Windsor Communities, manages the company’s multifamily communities across the nation. Windsor’s on-the-ground operations provides the firm’s professionals an acute understanding of local markets and real-time investment conditions. Windsor has achieved a long-standing reputation in the property management industry, with over 60 years in operation. Recently, Windsor has been recognized for its top-rated customer service, outstanding maintenance services, and successful ESG program. Following a thorough analysis of cutting-edge technologies, the company implements innovative solutions that benefit its residents, employees and investors into the future.
Investment Strategies
GID manages multiple investment vehicles across the risk spectrum.
Core Strategy
GID’s core multifamily co-investment strategy targets institutional-quality, stabilized assets in well-located markets across the United States. These vehicles aim to provide stable income and modest appreciation over the long-term.
Core-Plus Strategy
GID’S core-plus multifamily strategy targets Class B multifamily assets between 10-35 years old with in-place rents that are typically 50% to 80% of those in new construction and can generally be acquired at a meaningful discount to replacement cost. The firm’s core-plus portfolio focuses on growth and income and targets the top 25 U.S markets1 where strong economic fundamentals provide attractive investment opportunities.
Development
GID’s build-to-core strategy partners with the nation’s leading merchant developers to develop assets in strong performing markets across the United States. The firm has established a number of institutional client relationships and GID’S build-to-core investments are typically made on behalf of the firm’s co-investment vehicles and provide a significant pipeline of new core assets for these mandates.
Quick Facts
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- 17th Largest Apartment Owner in the United States by National Multifamily Housing Council 20232
- 39th Largest Apartment Managers in the United States by National Multifamily Housing Council 20232
- Named Property Management Firm of the Year by the National Association of Home Builder’s Multifamily Pillars of Industry Awards, 20233
- Named among Top 3 Property Management Companies of the Year by Multi-Housing News’ Excellence Awards in 2022 and 20234
- #1 Ranking for Overall Customer Service for three consecutive years by The Kingsley Index, the most comprehensive performance benchmarking database in the real estate industry5
- Top 4 in ORA Division 1 Power Ranking 2023, an independent ranking of apartment properties and management companies6
- Named among Top CRE Workplaces by GlobeSt.com7
- Top 5 GRESB ranking for 5 consecutive years in the Residential Multi-family Americas Regional peer group for one GID co-investment joint venture8
- Top 15 GRESB ranking for 3 consecutive years in the Residential Multi-family Americas Regional peer group for one GID co-investment joint venture9
- The inaugural GRESB submission was completed in 2023 for a commingled investment Fund managed by GID. The Fund placed 4th in a different multifamily peer group and earned 11 points more than the average first year participants8, 10
- ENERGY STAR Partner of the Year for 202411
- Achieved the Platinum award for Green Lease Leaders in 2022 for our multifamily platform, GID Investment Advisers LLC12
- One GID co-investment joint venture won the 2021 PREA Closed-End Fund ESG Award13
Footnotes:
- Top markets based on size (gross metro product and population), growth and depth of commercial real estate investment value.
- GID is a paying member of the National Multifamily Housing Council (NMHC). GID/Windsor is not affiliated with NMHC. Ranking is for YE23. https://www.nmhc.org/research-nsight/the-nmhc-50/
- Windsor pays an application fee to participate in the NAHB Pillars of Industry Awards. GID/Windsor is not affiliated with NAHB. More information on the NAHB Pillars on Industry Awards is provided here: https://www.nahb.org/nahb-community/awards/multifamily-pillars-of-the-industry-awards
- Windsor pays an entry fee to participate in the Multi-Housing News Excellence Awards (MHN). Entries are judged based on materials provided by the applicant and winners are selected by a panel of industry experts. Windsor paid an application fee to participate in the MHN Excellence Awards. GID/Windsor is not affiliated with MHN. More information on the MHN Awards is provided here: https://www.multihousingnews.com/
- Windsor pays a service fee to Kingsley for its ongoing survey program. The Kingsley Index is a comprehensive performance benchmarking database that is the industry standard for measuring resident satisfaction and operational effectiveness. GID/Windsor is not affiliated with Kingsley. Ranking as of YE23. More information on the Kingsley Survey is provided here: https://gracehill.com/solutions/satisfaction-surveys/
- Windsor pays a service fee to the Online Reputation Assessment (ORA). The score has been developed by J Turner Research and is the multifamily industry standard for measuring and benchmarking a property’s online reputation GID/Windsor is not affiliated with J Turner. Ranking as of 2023. More information the ORA survey is provided here: https://www.jturnerresearch.com/ora
- GlobeSt.com is the premiere online destination for original and timely commercial real estate content. Winners of the 2024 Top CRE Workplaces list were selected independently by editors of the publication. GID/Windsor is not affiliated with GlobeSt.com. More information on the GlobeSt.com Top CRE Workplaces list is provided here: https://www.globest.com/2024/04/02/cres-best-places-to-work-of-2024/
- Ranking earned by one GID co-investment joint venture that has submitted to GRESB since 2017. Rankings for the last 5 years for one co-investment joint venture vehicle are #2, #1, #1, #3, #4. Annual rankings are shown in ascending order ending in 2022. Third-party rankings and recognition are based on information prepared and/or submitted by GID and third-party consultants. GID paid a fee of $16,500.00 for its GRESB submittal. Please refer to the more thorough disclosure and additional information about the criteria used in making these rankings via the website of the publication and/or organization granting such recognition. GRESB rankings include a peer group in 2022 of 40. GID/Windsor is not affiliated with GRESB. Details on the real estate assessment and scoring can be found here: https://www.gresb.com/nl-en/real-estate-assessment/
- Ranking earned by one GID co-investment joint venture that has submitted to GRESB since 2022. Rankings for the last 3 years for one co-investment joint venture vehicle are #9, #11. Annual rankings are shown in ascending order ending in 2022. Third-party rankings and recognition are based on information prepared and/or submitted by GID and third-party consultants. GID paid a fee of $16,500.00 for its GRESB submittal. Please refer to the more thorough disclosure and additional information about the criteria used in making these rankings via the website of the publication and/or organization granting such recognition. GRESB rankings include a peer group in 2022 of 40. GID/Windsor is not affiliated with GRESB. Details on the real estate assessment and scoring can be found here: https://www.gresb.com/nl-en/real-estate-assessment/
- Ranking earned by a commingled Fund managed by GID, this Fund has submitted to GRESB since 2023. Third-party rankings and recognition are based on information prepared and/or submitted by GID and third-party consultants. GID paid a fee of $16,500.00 for its GRESB submittal. Please refer to the more thorough disclosure and additional information about the criteria used in making these rankings via the website of the publication and/or organization granting such recognition. GRESB rankings include a peer group in 2022 of 6. GID/Windsor is not affiliated with GRESB. Details on the real estate assessment and scoring can be found here: https://www.gresb.com/nl-en/real-estate-assessment/
- GID does not pay a fee to Energy Star, which is a program administered by the U.S. Environmental Protection Agency. GID/Windsor is not affiliated with Energy Star. More information can be found here: https://www.energystar.gov/buildings/building_recognition/partner_year_award
- GID does not pay a fee to Green Lease Leaders, which is administered by the Institute for Market Transformation and the U.S. Department of Energy. GID/Windsor is not affiliated with Green Lease Leaders. More information can be found here: https://www.greenleaseleaders.com/
- PREA award received on behalf of one GID investment vehicle. GID pays a fee to be a member of PREA. GID/Windsor is not affiliated with PREA. Details on the awards are located here: https://www.prea.org/awards/esg-awards/
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