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GECU Commercial Lending Finances New El Paso Apartment Community

Writer: Kelsie Papenhausen
Kelsie Papenhausen
8 minutes ago
2 min read

Desert Commons West to expand housing opportunities in West Texas

 

EL PASO, Texas  September 3, 2026  GECU, one of the largest locally owned federal credit unions in Texas and New Mexico, is proud to have provided commercial financing for Desert Commons West (DCW), a new apartment complex on the West Side of El Paso, Texas, which is now nearing its completion of construction. The financing marks one of GECU’s most significant commercial lending projects to date, and reflects its ongoing mission to expand access to housing in its community.  

 

“We are proud to support the DCW development and help elevate the El Paso community,” said Chris Tompkins, Senior Vice President – Chief Commercial Services Officer at GECU. “Through commercial financing initiatives like this, we’re reaffirming our commitment to expanding housing opportunities in the communities we serve.”

 

Once finalized, DCW, located at 208 Isela Rubalcava Boulevard, will provide 276 new apartment units for El Paso residents, offering a variety of amenities.

 

"It's been rewarding to see the strong demand for this community. DCW started as a vision to provide high-quality housing to El Paso's west side, and GECU and my partners believed in that vision as much as I did. Now we're seeing it come to life," said Jordan Furman, Developer of DCW. "Residents are enjoying a dynamic amenity package in a location that offers convenient access to everything the city has to offer. None of this would have been possible without GECU's support and financing," Furman added.

 

The new property currently has units available for lease with additional units to be completed soon. For more information on the complex, visit: www.desertcommonswest.com.

 

About GECU 

GECU was founded in 1932, manages $4.8 billion in assets and serves more than 443,000 members nationwide. GECU offers a full range of financial services, including online banking, checking and saving accounts, mortgages, auto loans, personal loans, credit cards and free financial coaching. Their mission is to provide members with convenient, superior financial products and services that pave the way to financial freedom. Membership eligibility is required. All loans are subject to credit qualification and approval. Federally insured by NCUA. Equal Housing Lender. For more information, visit www.gecu.com.

 

About Desert Commons West

Desert Commons West is a 276-unit luxury multifamily community featuring thoughtfully designed 1-, 2-, and 3-bedroom apartment homes, complemented by 44 tuck-under garages and storage units. Every aspect of the community was meticulously planned to deliver a distinctive living experience that sets it apart in the regional market. The community offers an extensive amenity suite designed to foster connection and wellness. Residents enjoy a state-of-the-art fitness center with dedicated yoga studio, dry sauna, game room, private movie theater, co-working studio, pet washing facility, and package lockers. Outdoor amenities include a dog park, resort-style pool and spa, as well as a fire pit gathering space. Rental rates range from $1,350 to $2,500 per month. The new property currently has units available for lease with additional units to be completed in the coming months. For more information on the complex, visit: http://www.desertcommonswest.com

 
 
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