SOURCE: Wood Partners

Wood Partners

September 18, 2013 17:21 ET

Wood Partners Promotes Todd Gaines to Director of Growing South Texas Market

ATLANTA, GA--(Marketwired - Sep 18, 2013) - Wood Partners announced today the promotion of Todd Gaines to director. He will oversee the development, design and financing of construction in South Texas, including Houston and San Antonio.

"Todd has proven himself to be a valuable team member, first as we played defense through the slow times, and now, as he has led our ramp up in Houston in the new development cycle," said Todd McCulloch, Wood Partners' Texas director. "He's worked hard to earn this."

Gaines joined Wood Partners in 2007 and has been instrumental in the financing, development, and management of more than 2,000 housing units valued at more than $225 million.

"We are excited about our prospects in South Texas," said Gaines. "Houston and San Antonio are experiencing strong job growth and expansion, which is driving an incredible demand for rental housing. We will continue to meet this need with best-in-market multifamily communities."

Prior to joining Wood Partners, Gaines was an attorney with Houston-based Dabney & Pappas where he specialized in real estate litigation.

Gaines earned a master's degree in business from The University of Texas McCombs School of Business, a law degree from South Texas College of Law and a bachelor's degree from Washington and Lee University. He is a member of the Associate Council of the Real Estate Finance and Investment Center at UT Austin's McCombs School of Business.

About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. It was ranked the nation's No. 2 multifamily developer in 2012 based on 5,100 unit starts. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the acquisition and development of more than 47,000 homes with a combined value of more than $7.0 billion nationwide. Wood Partners has offices in 16 major markets nationwide including Atlanta, Baltimore, Delray Beach, Boston, Charlotte, Dallas, Denver, Houston, New York, Newport Beach, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C. To learn more about Wood Partners, please visit our website at www.woodpartners.com.