AUSTIN--Atlanta-based Wood Partners LLC is banking on the expanding housing market in the Austin/San Antonio corridor, having recently opened a new office in Austin.

“Austin is a city with rapid growth, a highly-educated pool of local talent, and an incredibly dynamic employment base,” Todd Gaines, Wood Partners director and head of the new office, told GlobeSt.com. “It consistently ranks as one of the highest quality-of-life cities in the country, which is why it's no surprise that people want to live here, and are moving here in droves. This has created a strong demand for new housing of all types, but particularly for multifamily housing, which offers residents a great way to live near many of the amenities that make Austin so unique.”

The Austin launch is the latest city where Wood Partners has expanded; it is also adding offices in Chicago and New Jersey this year, bringing the total to 18 nationwide.