This entry treats mobile home parks at capital scale: deploying significant capital to acquire and aggregate manufactured-housing communities, often through funds or large operating platforms, and executing value-add strategies across portfolios to earn returns from the lot-rent income and the...
Log in to followI run active deals, small stuff, and I've never been the passive money before. Guy I've known from a local meetup for three years is raising a $40M fund to buy manufactured housin…
An operator with nine parks, about 1,600 lots in three states, asked me to scope water infrastructure work portfolio wide. This is the biggest thing I've been asked to quote and I…
An operator running a roll-up wants my three parks. 214 lots total, all tenant-owned homes except 19, in-place NOI $712k. I'm in for $2.9M all in including the water plant rebuild…
I've been offered a $4M slice of a $19M bridge loan on a 14-park portfolio and the debt yield only works if I count income I'm not sure I should count. The portfolio: 1,180 lots a…