DALLAS, TX – Gardner Capital, a family-owned private equity firm specializing in the development and investment of apartment buildings and renewable energy, proudly announced the completion of a 7-building community in Hurst, TX. With 96 brand new units, Commission at North Valentine is home to families whose income is 30-60% of the area median income.
Gardner Capital developed Commission at North Valentine with direct execution of equity and debt with Citibank – Citi Community Capital – and in conjunction with the Low Income Housing Tax Credit Program and TDHCA.
"We look forward to building on our continued commitment to investing in the town of Hurst and the surrounding communities as part of our long-term investment plan for the Hurst-Euless-Bedford area and providing safe new housing for residents and their families," said Michael Gardner, CEO of Gardner Capital. "We greatly value our long-term partnerships in the community and plan to invest in several additional developments in the coming years, including additional affordable housing and mixed-income and mixed-use developments to meet the growing and diverse needs of the Hurst – one DFW region that we believe is well positioned to achieve significant economic growth in the short and long term. "
The hotel is located at 225 W Bedford Euless Rd, Hurst. This convenience-rich, pet-friendly community offers one and two bedroom floor plans. Just minutes from the North East Mall, restaurants and easy access to highways and both major airports.
The general contractor was Provident General Contractors, a recognized leader in construction services throughout Texas. GCRE Construction provided construction and risk management services on behalf of the developer and owner. The Seldin Company provides real estate management services for the North Valentine location. The opening times of the leasing center are by arrangement.
Source: Gardner Capital