Monday, May 6, 2024

Gardner Capital to Provide High Quality Affordable Housing Options for Seniors with Development of Bethel Village in Harrisburg


HARRISBURG, PA – Gardner Capital, a Dallas based totally non-public fairness company and choice funding platform specializing in multifamily housing and renewable calories building and funding, introduced its new senior housing building in Harrisburg, Pennsylvania, Bethel Village. 

Construction for Bethel Village started in August and is anticipated to be finished in 2024.  Bethel Village represents the primary new reasonably priced housing building for Gardner Capital in the state of Pennsylvania, a key long run strategic marketplace for the Company.

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Located in the central trade district of Harrisburg, Bethel Village will deliver 49 devices of top quality reasonably priced housing for Seniors in the Harrisburg house. Gardner Capital expects to safe further investment to beef up EV charging stations and supply unfastened EV charging for long run tenants in the course of the GCRE Upward Mobility Fund.  Just two blocks from the state capital complicated, the house has already noticed indicators of new funding, together with the $192-million-dollar Federal Courthouse on sixth Street.  The complicated will consist of one, energy-efficient, four-story construction that includes one and two-bedroom devices.

“We couldn’t be more excited to begin construction on Bethel Village Apartments, our first Development in Pennsylvania – with another development closing this year in Philadelphia,” mentioned Amy Dosen, Managing Partner, Gardner Capital, including “we have been dedicated to the Pennsylvania market for quite a few years, and it is only through our truly amazing local partners that we have been able to close our first of many future developments in a state that represents one of our core long term strategic markets.”

When finished, Bethel Village Apartments would be the newest addition to Gardner Capital’s rising reasonably priced housing portfolio of greater than 4,500 devices – a component of Gardner Capital’s nationwide multifamily portfolio inside of Gardner Capital’s Portfolio Management Group which oversees Gardner Capital’s long-term building and funding belongings.

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Source: Gardner Capital

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