Gandolf Group - One of America's Leading Affordable Housing
Developers!
Gandolf was
formed in August, 2000 by PSC Funding, an investment group with
previous experience in the creation of assisted-living
facilities in the greater Minnesota area through a company called
Prairie Senior Cottages. Gandolf's initial management team
consisted of managers with several
years experience in both the real estate market and the affordable housing industry.
Gandolf's primary mission is to develop affordable housing
projects in the central United States. To date, Gandolf has
developed projects in Kentucky, North Dakota, South Dakota, Iowa,
and Wisconsin.
In 2004, Gandolf's plans call for
developing additional projects in North Dakota, Oklahoma,
Tennessee and to
further penetrate into the Southeast and far western states.
Gandolf
has experience in developing both senior and family affordable
housing projects. Gandolf's management team has previous
experience in the development of affordable housing projects in Oklahoma,
Arizona, Kansas, West Virginia, and Kentucky. We have joint
ventured projects with local non-profits and housing authorities.
Typically Gandolf forms a separate
partnership for each property with a newly formed General Partner
and another of Gandolf's entities serves as the developer.
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