Finance & Investment
StreetLights Residential Sells San Diego-Area Asset
Located within the Vista submarket, the community came online in 2020.
Storm Properties Acquires Phoenix-Area Community
The previous owner invested $1.8 million in property upgrades.
Passco Sells Tampa-Area Community for $115M
The 360-unit Class A asset in Sarasota, Fla., was built in 2017.
MG Properties, Rockwood Capital Buy $185M San Diego Asset
In 2018, the community traded for $132 million.
TerraCap Sells Florida Asset for $87M
The company acquired the property in 2021 for $70.3 million.
Bascom Group Expands Houston Portfolio
The purchase marks the company’s fifth acquisition in the metro and its 40th in the state.
Parkview Financial Provides $55M for Oregon Property
An affiliate of West Coast Home Solutions landed the refinancing and construction funding for the 19-acre development.
Trion Properties Sells Portland-Area Community
The seller picked up the asset in 2020 for $14 million.
Mission Success: How Veena Jetti Found Her Path in Multifamily
The founding partner of Vive Funds talks about grit, mistakes and imposter syndrome in the last episode this year of MHN’s podcast series.
UMH Properties Buys New Jersey MHC for $23M
In 2022, the company purchased six manufactured home communities for a total of $86.3 million.