If you haven’t already seen the Washington Post article “A billion-dollar empire made of mobile homes,” please give it a look: https://tinyurl.com/y379ng43
It’s terrific exposure and an important story because it speaks to the reality of private equity and REITs consolidating ownership of manufactured home communities. We’re all working so hard to deconsolidate and make sure that local ownership, the most local ownership, still has a shot.
We’ve worked with the GSEs, who are also working with REITs, but a number of issues have kept their massive resources from reaching the low- and moderate-income homeowners in MHCs.
Please share this article on social media, add your own comments to it as you see fit, and take a moment to like Paul Bradley’s well-reasoned response. With any luck, we can make a show in the comments section.