Seller Identified in Manufactured Housing Community Transaction
Updating a story MHProNews posted Nov. 8, 2013, Marcus & Millichap’s Cleveland office represented Melrose MHP LLC in closing the sale of five manufactured housing communities (MHCs) to real estate...
View ArticleLand Lease Community Changes Hands
The Reseda Mobile Estates in California has been acquired by Anaheim, CA-based Reseda mhp Associates LP for $13.1 million. According to Briana Barbier of Marcus & Millichap, who represented the...
View ArticleFirm that Sells Land Lease Communities Updates Website
Real estate investment services firm Marcus & Millichap (M&M), which closed over 6,600 transactions in 2013 with a value of approximately $24 billion, has announced the launch of its new...
View ArticleMarcus & Millichap to Present at annual William Blair Conference
National brokerage firm Marcus & Millichap, Inc. (NYSE:MMI) has announced that its chief financial officer (CFO), Marty Louie, and Hessam Nadji, Senior Vice President and Chief Strategy Officer,...
View ArticleSports Figure Invests in Florida MHC
Marcus & Millichap (NYSE:MMI) has arranged the $875,000 sale of 55 and older community Colonial Four RV in Zephyrhills, Florida from the owner/operator to a well-known sports figure. A mix of...
View ArticleMarcus & Millichap Engineer MHC Sale
Patio Garden Mobile Home Community, a 90-site, senior manufactured home community (MHC) in Mesa, Ariz., was sold by Marcus & Millichap (NYSE:MMI) for $4.5 million, according to sddt.com. The...
View ArticlePark Street Acquires MHC in Kansas
Private investment firm Park Street Partners acquired the Cherrywoods Manufactured Home Community in the Kansas City area. The 45-homesite all age, four star community sits on six acres in Ottawa,...
View ArticleRainbow Rock Community in Florida Sold by M&M
Commercial real estate investment services firm Marcus & Millichap (NYSE:MMI) arranged the sale of Rainbow Rock Mobile Home Park in Plant City, Florida from a Wisconsin-based limited liability...
View ArticleMultifamily Conference to Attract 2,000 Professionals
The RealShare Conference Series is sponsoring a RealShare Apartments conference of 2,000 multifamily professionals in Los Angeles, October 15-16, 2014, according to globest.com. The following...
View ArticleReport Cites Uptick in Demand for MHCs by Investors and Baby Boomers
Marcus & Millichap’s Manufactured Housing Research Report says rising home prices, improving job outlook and an expanding baby boomer population are adding to increased occupancy in manufactured...
View ArticleWill the Decline in Rig Counts Affect Manufactured Housing?
The increase in the number of oil and gas drilling rigs in various areas of the country provided a boost to the manufactured housing industry and others. With the decline now in oil prices and the...
View ArticleArizona Manufactured Home Community Sells for $23.85M
Chaparral Mobile Village, a fully improved, 359-site, all-age manufactured home community in Tempe, Arizona, recently sold for $23,850,000, which equates to $66,435 per space at a 6.25 percent cap with...
View ArticleMichigan MH Community Sells for $15 Million
Real Estate Journals tell MHProNews that Marcus & Millichap closed the sale of a 400-site all-age manufactured home community in Eastern Michigan. The $15.2 million sales price comes out to $37,865...
View ArticleDemand, Sales Rise for Manufactured Home Communities
KW Communications has informed MHProNews that Federal Capital Partners and Horizon Land Co. LLC have purchased eleven manufactured home communities (MHCs), primarily in western New York, for $88...
View ArticleMarcus & Millichap Arrange Sale of Florida Manufactured Home Community
Commercial real estate investment services firm Marcus & Millichap (NYSE:MMI) has informed MHProNews that Daniel Hurd and Dan Mulkey of their Tampa office arranged the sale of Country Villa Mobile...
View ArticleManufactured Home Community in Florida Sells for $6.4 Million
Marcus & Millichap (M&M) has informed MHProNews of the sale of a 135+ home site manufactured home community (MHC) near Tarpon Springs, Florida for $6,400,000. The age-restricted community is...
View ArticleSunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015
What’s New in public focused Manufactured HomeLivingNews.com > A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video > How A Manufactured Modular Home...
View ArticleKingsley Management Corp. Acquires Florida Manufactured Home Community
MHProNews has learned from businessobserverfl that Southwind Mobile Home Park in Palm Harbor, Florida has been sold by Belle Vista Properties LLC for $18.2 million to Kingsley Management Corp. of...
View ArticleTwo Age-Restricted Manufactured Home Communities sold to Kingsley
Kingsley Management Corp. of Provo, Utah has acquired two Manatee County, Florida 55+ manufactured home communities (MHC) for $27.8 million. The 244-home site Palm Bay was sold for $13.1 million, while...
View ArticleMarcus& Millichap Notches another MHC Sale
MHProNews has learned from Marcus & Millichap that Dan Mulkey, vice president investments in the firm’s Tampa Bay office, arranged the sale of Livingston Mobile Home Park in Lutz, Fla. The 65 home...
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