Institutional Multifamily Partners LLC

The establishment of IMP continues and expands the successful relationship GID has enjoyed with CalPERS since 1998. Called Institutional Multifamily Partners LLC ("IMP"), this joint venture is an equity co-investment limited partnership in which GID serves as general partner, managing member, portfolio manager, asset manager, construction manager and property manager.

GID is a privately held, globally diversified, and fully integrated real estate organization founded in 1960 that employs over 650 real estate professionals in multiple offices throughout the United States. During its 56 year history the company has acquired or developed over 60,000 residential units and in excess of 15 million square feet of commercial space. As of June 30, 2016, GID controls a real estate portfolio consisting of 99 existing properties located in 13 states, comprised of 72 multifamily properties totaling 20,683 residential units (including 581,800 square feet of commercial and retail space) and 7 office and flex/industrial properties totaling 3.9 million square feet. In addition, GID has 20 multifamily properties under development in 6 states consisting of 6,450 residential units.

GID provides Institutional Multifamily Partners LLC with asset, property, development, leasing and accounting management, as well as potential acquisition and disposition opportunities for the portfolio. The GID team operates from our headquarters in Boston, MA and 7 regional offices (Waltham, MA, New York, NY, Arlington, VA, Denver, CO, San Francisco, CA, and Orange, CA.