DALLAS, TX – Gardner Capital, a private equity firm specializing in apartment buildings and renewable energy, announced that it has received funding from the GCRE Impact Fund to support the introduction of electric vehicles (EV) for the recently completed Gala project. to support in case of fate. The community is located in Fate, Texas, about 42 miles east of Dallas.
Soft funding from the GCRE Impact Fund will pay for the installation of EV charging stations in the new community. It will also give tenants access to charging electric vehicles at significantly reduced prices.
"Gardner Capital will provide Gala at Fate residents with access to EV charging points at affordable prices," said Michael Gardner, founder of the GCRE Impact Fund and CEO of Gardner Capital. “Supporting the introduction of electric vehicles in the DFW Metroplex, especially in the City of Fate, while realizing real savings for our tenants, is one of the reasons we launched the GCRE Impact Fund. We look forward to continuing to provide additional capital to this innovative and impactful fund, and hope it inspires others to offer alternative and creative funding opportunities. "
Gardner Capital continues to focus on developing projects that provide significant economic value for low to middle income families. The company will install the first level 3 ultra-fast charging station in the City of Fate, which is only the third high-capacity EV station in Rockwall County.
The Gala at Fate is located at 359 E. Black Oak Lane, Fate, Texas and has 185 units in total. Facilities include a resort style pool, fully equipped clubhouse with fitness center and club room.
The development was made possible by several financial and other partners, including CREA and Citibank.
Source: Gardener capital
