Xeal Expands Deal with JVM Realty for EV Chargers at Over 20 Midwest Multifamily Sites

On March 14, 2025, Xeal announced a significant expansion of its partnership with JVM Realty, a prominent vertically integrated multifamily real estate investment and property management firm. This strategic move will enhance EV charging accessibility across JVM’s portfolio of properties in Illinois, Indiana, Kansas, Missouri, and Wisconsin.

After piloting the partnership in 2023, the two companies are now scaling their efforts with over 20 new sites slated for deployment. This expansion comes as the demand for electric vehicles (EVs) continues to grow in the Midwest, with over 188,700 EVs registered in the states within JVM’s footprint as of Q3 2024.

The multifamily real estate market in these states remains robust, driven by high demand for modern amenities. In the first quarter of 2024, Chicago saw a 2.7% increase in asking rents year-over-year, while vacancies remained at a steady 5.6%. Similarly, major metro areas like Indianapolis, Milwaukee, Kansas City, and St. Louis are experiencing significant growth in multifamily developments, spurred by population increases and the demand for sustainable, tech-enabled living spaces.

Nationally, the first two months of this year have seen a 30% growth in EV sales, according to Rho Motion, a market intelligence firm. With EV adoption on the rise, JVM is positioning itself to meet the evolving needs of both current and future residents by providing cutting-edge charging solutions.

“JVM is setting a new standard for its communities by scaling investments in reliable, differentiated, and must-have amenities that meet the needs of the modern day renter,” said Zander Isaacson, CEO of Xeal. “We are thrilled to expand our partnership with JVM focused on delivering the best EV charging experience for residents across their portfolio.”

EV Charging as a Key Amenity

JVM Realty’s commitment to innovation is reflected in its investments in high-tech infrastructure such as controlled building access, smart technology, and now, EV charging stations. The partnership with Xeal ensures that JVM’s properties remain ahead of the curve in meeting the growing demand for EV infrastructure, a key factor in attracting and retaining modern residents. Xeal’s patented self-reliant computing technology guarantees 100% uptime for its chargers, providing a seamless, maintenance-free charging experience that enhances resident convenience while also supporting sustainability goals.

By expanding EV charging access across its portfolio, JVM Realty is not only accommodating the rapid rise in electric vehicle ownership but also positioning its properties as future-ready. Xeal’s advanced smart charging solutions offer a full suite of features, including metered payments, energy management, access control, and even revenue sharing, making the charging experience more efficient for both residents and property managers.

A Future-Ready Portfolio

JVM’s latest expansion aligns with its broader strategy to provide a digital-first, tech-forward living experience. The company’s investments in smart amenities, such as managed Wi-Fi and pet-friendly features, combined with critical infrastructure like EV charging, ensure that its properties meet the evolving expectations of today’s renters. By focusing on value-added amenities that improve resident satisfaction, JVM is helping to drive higher leasing velocity and stronger retention rates.

Xeal’s reliable, 100% uptime guarantee infrastructure ensures that property owners like JVM can offer their residents the convenience of on-site EV charging without the concerns of downtime or maintenance. This technology not only meets today’s sustainability demands but also adds long-term value to the property, contributing to the creation of high-quality, high-demand multifamily assets.

About Xeal

Xeal is revolutionizing the EV charging industry with its self-sufficient, smart charging solutions. Trusted by over 300 real estate leaders, Xeal’s patented computing technology requires minimal infrastructure upgrades and avoids reliance on single-point-of-failure networks, ensuring consistent performance. Xeal’s offerings include metered payments, energy management, access control, and revenue-sharing features, making it an ideal solution for property owners looking to enhance their amenities. For more information, visit www.xealenergy.com.

About JVM Realty

Since 1975, JVM Realty Corporation has been a trusted leader in multifamily real estate investment and property management in the Midwest. With a $1.6 billion portfolio spanning Illinois, Indiana, Kansas, Missouri, and Wisconsin, JVM is committed to delivering excellence and integrity to its investors, residents, and associates. JVM focuses on providing innovative, sustainable, and future-ready properties that enhance the living experience. For more information, visit www.jvmrealty.com.

This expansion marks a significant milestone in both companies’ commitment to driving sustainable, tech-forward solutions in the multifamily real estate sector. As the demand for EVs and smart amenities continues to rise, partnerships like this one between Xeal and JVM Realty will play a crucial role in shaping the future of urban living.

EVinfo.net’s Take

Multifamily EV charging is becoming increasingly important as electric vehicle adoption continues to grow fast in the US, especially in urban areas where multifamily living is the norm. Many residents of apartment buildings or multi-unit communities do not have access to private garages or dedicated parking spaces for home charging, making public or shared charging infrastructure essential. Providing EV charging stations within these communities not only supports residents’ sustainability goals but also meets the growing demand for convenient, accessible charging options.

As more people transition to electric vehicles, multifamily properties with integrated charging solutions will stand out as more desirable and future-proof, attracting environmentally-conscious renters and adding long-term value to properties. Additionally, offering EV charging demonstrates a commitment to innovation and meeting the evolving needs of modern renters, making multifamily properties more competitive in today’s market.

EVinfo.net commends Xeal and JVM Realty in their heroic efforts to bring more EV charging to multifamily residents in America. Now more than ever, more collaborations and business partnerships like these are needed, to bring multifamily dwellers access to EV charging. Mass EV adoption is coming close to happening in the US, and the lack of charging access for multifamily residents is one of the largest barriers holding it back.