Top 5 Phoenix Submarkets for Construction Activity
The metro recorded some 27,300 units under construction underway as of February, according to Yardi Matrix data.
Bellwether Arranges $7M Refi for Austin Manufactured Housing Community
Located roughly 36 miles north of the metro, Country Glen comprises 121 home pads.
Treehouse Communities Receives $11M Fannie Mae Loan
The 12-year debt will refinance a two-property portfolio of manufactured housing communities in Colorado and Oregon.
Lendlease Announces $1.1B Capital Commitment
The funds will be used to renovate more than 12,000 existing homes and build more than 1,200 new homes across six of its military housing communities.
UMH Properties Expands to South Carolina
The REIT paid $3.4 million for Iris Winds, a manufactured housing community in Sumter.
Central Texas MHC, RV Portfolio Lands $17M Refi
A JLL team arranged the 10-year Fannie Mae financing for Lewis Investments.
Marcus & Millichap Closes $6M Manufactured Housing Sale
An entity connected to The BoaVida Group acquired the 127-site Vista Estates in Storm Lake, Iowa.
Pair of Oklahoma Manufactured Housing Communities Changes Hands
In separate transactions, two California-based investors acquired Big Bass Park in Checotah and Rolling Acres in Oklahoma City.
Nuveen Buys Orlando Asset for $45M
The 196-unit Lake Vue changed hands for the first time since it was completed in 2016.
NorthMarq Brokers Sale of South Texas MH, RV Community
The 270-site Circle T RV and Manufactured Housing Park traded for the first time in more than two decades.