Manufactured housing has evolved significantly and rapidly in the aftermath of the mid-aughts housing crisis, becoming a high-demand residential asset class known for its affordability and modern amenities.

Often plagued by stereotypes, the industry has made substantial strides in quality, design, and energy efficiency. As of 2023, there are over 4.3 million manufactured home sites in the U.S., with approximately 93,000 new units produced annually (Multi Housing News) (MHInsider). Manufactured housing communities offering versatile residential options in urban and suburban areas have consistently provided reliable income streams and capital appreciation where traditional residential housing vehicles have faltered, hampered by climbing mortgage rates and overzealous judicial intervention in the aftermath of the COVID-19 pandemic.

Acquisition and Underwriting: We target high-growth areas with favorable demographics and strong employment trends. Our underwriting process includes rigorous due diligence, market analysis, and financial modeling. We focus on properties that offer value-add opportunities such as renovations and operational improvements, ensuring alignment with our strategic goals.

Development and Value Adds: Our development strategy includes both new projects and renovations. We focus on capital improvements, energy-efficient upgrades, and modern amenities to maximize property value. These enhancements increase rental income and tenant retention, contributing to overall property appeal.

Leverage and Financial Structuring: We employ strategic leverage to enhance returns while mitigating risk, utilizing various financing sources to optimize capital structure. This includes traditional lenders and private equity, ensuring flexibility and maximized investor returns.

Disposition: Our disciplined disposition strategy involves selling properties at peak market conditions. We continuously assess market trends and property performance to determine the optimal time for sale, ensuring maximum value for our investors.

Growth and Stability: The manufactured housing sector demonstrates robust demand, with occupancy rates reaching 94.7% and rents increasing by 7.3% year-over-year (MHInsider) (NorthMarq) . Multi-family properties also show consistent growth, driven by urbanization and demographic trends. Both sectors provide reliable income streams and long-term capital appreciation, making them attractive investments.