Earns rent from leasing homesites and rental homes in manufactured home communities, and sells factory-built homes to residents and private landowners, with home-sale notes receivable adding interest income.
Geographic Exposure
United States100%
Revenue Drivers
Community homesite and home rentals
Leases homesites, rental homes and storage units to community residents
CORE86.6%
Manufactured home sales
Sells new and pre-owned factory-built homes through company sales centres
SIGNIFICANT13.4%
End Markets
Community residents
Manufactured home buyers
Private landowners placing homes on their own land
Self-storage renters
Specializations
Affordable factory-built housing communitiesVacant site infill through home sales and rentalsCommunity expansion and redevelopment projectsOpportunity Zone fund community investmentJoint ventures with an institutional real estate partnerTwenty-five-year leases capping rent increases+2 more