GID Acquires The Ridgewood in Fairfax, Virginia
January 17, 2012, Boston - GID announced today that it has acquired The Ridgewood, a 292-unit luxury apartment community in Fairfax, Virginia. The property lies in the heart of Fairfax Center at the confluence of several major thoroughfares and has excellent proximity to a diverse mix of employers.
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GID Acquires 287-Unit Community in Atlanta’s Brookhaven/Buckhead Submarket
January 12, 2012, Boston - GID announced today that it has acquired Alexan Town Brookhaven, a 287-unit luxury apartment community. The property lies in the heart of the Brookhaven/Buckhead section of Atlanta within the Town Brookhaven mixed-use development and offers excellent access to employment centers.
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GID Forms Joint Venture for Northern New Jersey Apartment Projects
November 21, 2011, Boston - GID announced today that it has formed a joint venture with BNE Realty Group/Millenium Homes to develop a 194-unit apartment community located south of the George Washington Bridge along the banks of the Hudson River in Ft. Lee, NJ.
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GID Announces Cambridge, MA Development Joint Venture
October 17, 2011, Boston - GID announced today that it has formed a joint venture with Criterion Development Partners to develop a 227-unit apartment community in the Alewife section of Cambridge, MA. The property has frontage on Route 2 (the Concord Turnpike), which connects Downtown Boston with Route 128/I-95, and is situated less than a half mile from the Alewife MBTA subway station, offering residents convenient access to Harvard Square, East Cambridge, and Downtown Boston.
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GID Expands Austin Portfolio with Purchase of The Monarch
August 3, 2011, Boston - GID Investment Advisers LLC (“GID”) announced today that it has acquired The Monarch, a 305-unit luxury apartment tower located in downtown Austin, TX.
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GID Completes Acquisition of 451-Unit Westchester at Contee Crossing
July 31, 2011, Boston - GID Investment Advisers LLC (“GID”) announced today that it has acquired Westchester at Contee Crossing, a 451-unit luxury apartment community. The property is in Laurel, Maryland and lies in the heart of the Washington DC-Baltimore Corridor and will be renamed Windsor at Contee Crossing.
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GID Investment Advisers LLC Cross-Border Partnership Aims to Set New Standard of Excellence in Brazilian Real Estate Market
July 31, 2011, São Paulo, SP, Brazil and Boston, MA, U.S.A. - Brazil-based OAS Empreendimentos S.A. ("OAS"), and Boston-based GID Investment Advisers LLC ("GID") have formed a new joint venture partnership to provide real estate development, construction and acquisition services in connection with real estate investments to be made throughout Brazil, with a core focus on for-sale multifamily residential projects. The partnership, OAS-GID Brazil Consultoria E Servicos Ltda., or OAS-GID Brazil Investment Advisers, will focus on providing
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CalPERS Consolidates Apartment Investments, Shifts $1 Billion Portfolio to Long-term Partner
October 4, 2010, Sacramento, CA - Advancing its real estate restructuring plan, the California Public Employees’ Retirement System (CalPERS) today announced the consolidation of its entire core multifamily apartment portfolio under a single partner – GID Investment Advisers LLC, an affiliate of The General Investment & Development Companies (GID).
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