2007 GCP, L.P.E2M Value Added Fund has invested in 2007 GCP, L.P. an entity formed to develop a 354-unit apartment complex in League City, Texas. The development will feature one- and two-bedroom units, ranging from 650 to 1,200 square feet, and many upscale amenities including a resort style swimming pool and three pond areas with fountains and walking trails. The development is located less than one mile west of Interstate 45, approximately 22 miles south of downtown Houston, in an established and growing suburban area well situated relative to employment centers and transportation arterials. The firm has made this investment to take advantage of the development’s highly visible and easily accessible location, as well as the market area’s significant barriers to entry.