Wood Partners Adds South Florida Development Chief to Expand Footprint
Event summary
- Micah Conn joins Wood Partners as Managing Director for South Florida, overseeing all development efforts in the region.
- Conn brings 20 years of multifamily and mixed-use development experience, most recently as Senior VP of Development at AvalonBay Communities.
- Wood Partners currently owns 80 properties across the U.S., representing approximately 25,000 homes.
- The company has been active this year with new multifamily community starts in Texas, Florida, Georgia, North Carolina, and Colorado.
The big picture
Wood Partners' hire of Micah Conn underscores its aggressive push into South Florida, a region with robust multifamily demand driven by population growth and urbanization. The move comes as the company seeks to capitalize on its national scale—with over 80 properties and 25,000 homes under management—while navigating competitive pressures from established players like AvalonBay. Conn's deep local expertise could be a differentiator in securing entitlements and land in a market where development barriers are high.
What we're watching
- Development Pipeline
- How quickly Conn can identify and advance new opportunities in South Florida, a market with high demand but regulatory hurdles.
- Market Expansion
- Whether Wood Partners can sustain its growth momentum across multiple states while maintaining operational efficiency.
- Competitive Positioning
- The pace at which Wood Partners can differentiate itself from competitors like AvalonBay Communities in the South Florida market.