Gardner Capital Announces Another Funding Pledge from Its GCRE Impact Fund to Support Electric Vehicle Adoption for Second Multifamily Development Outside of Houston

“Residents of Jubilee at Texas Parkway will soon have access to fast and reliable electric vehicle charging stations onsite at the property,” said Amy Dosen, Managing Director, Capital Markets at Gardner Capital. “We are thrilled to be able to offer this to our valued residents and to encourage the adoption of electric vehicles in our community. Flexible financing of GCRE Impact Fund allows us to offer our residents significant savings on electric vehicle charging rates. “

Located at 3302 Texas Pkwy, Missouri, Texas, Jubilee at Texas Parkway is a garden-style apartment community for residents 55 and older. The development comprises one and two bedroom apartments and has a total of 82 units. Facilities include a multi-purpose community hall, fitness and wellness center, and cyber lounge in addition to covered porches and a resort-style pool with water features.

The development was made possible thanks to multiple financial and other partners, including Citibank. Property management services for Jubilee at Texas Parkway are provided by Seldin.

About the GCRE Impact Fund

Launched in 2020, the GCRE Impact Fund provides low-interest loans and grants to initiatives focused on upward mobility, renewable energy, electric vehicle adoption, or initiatives focused on investing in otherwise underserved markets. The Fund is expected to commit more than $ 500,000 annually for programs that align with the Fund’s investment objectives and guidelines. For more information or to inquire about funding possibilities, please visit GCRE Impact Fund – Funding Page.

About Gardner Capital

Gardner Capital is a private equity firm with multiple operating activities focused on the development of affordable housing and renewable energy, tax credit syndication, as well as real estate investments, joint ventures and partner structures. financial. The company has offices at Saint Louis, Dallas, Houston and Orlando. Since 1992, Gardner Capital has placed more than $ 3 billion equity in affordable housing and related investments. In recent years, Gardner Capital has added a rapidly growing national platform for solar development and investments, expanding its commitment to renewable energy and sustainability through its investment platform. In addition, the company has launched several alternative investment funds focused on the adoption of renewable energy and electric vehicles, upward mobility and investments in underserved markets. We are committed to investing in communities, creating upward mobility and improving the well-being of families by developing, investing and raising capital for affordable housing and clean energy related businesses. For more information visit www.gardnercapital.com.

Company contact:

Mike Koehler
Chief of Staff and Director of Solar Development for Gardner Capital
(314) 561-6065
[email protected]

Media contacts:

Amy Power/Stacey Gaswirth
The Power group for Gardner Capital

SOURCE Gardner Capital

Related links

http://www.gardnercapital.com

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