Source: Gardner Capital
HOUSTON, TX - Gardner Capital, a private equity firm specializing in multifamily housing and renewable energy development and investment, announced that the GCRE Impact Fund will provide funding to support electric vehicle (EV) adoption at its newest multifamily development, Jubilee at Texas Parkway in Missouri City, Texas.
Soft funding from the GCRE Impact Fund will pay for the installation of EV charging stations at the new community. It will also provide tenants access to EV charging at significantly reduced rates.
"Residents at Jubilee at Texas Parkway will soon have access to fast, reliable EV charging stations on site at the property," said Amy Dosen, Managing Director, Capital Markets at Gardner Capital. "We are excited to be able to offer this to our valued residents and encourage the adoption of electric vehicles in our community. The soft funding from the GCRE Impact Fund allows us to provide our residents with significant savings on EV charging rates."
Located at 3302 Texas Pkwy, Missouri City, Texas, Jubilee at Texas Parkway is a garden-style apartment community for residents that are 55 and older. The development features one- and two-bedroom apartments and has a total of 82 units. Amenities include a multipurpose community room, 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 through multiple financial and other partners, including Citibank. Property management services for Jubilee at Texas Parkway are provided by Seldin.