Four Questions to Ask Before Your Community Goes "Resident-Owned"
"You'll own the community. Your rents will be protected." It sounds like a dream, and that's exactly why residents should read the fine print first.
MHCO Article Topics
"You'll own the community. Your rents will be protected." It sounds like a dream, and that's exactly why residents should read the fine print first.
By: Erik Edwards, Director, Wells Fargo Multifamily Capital
Erik.Edwards@wellsfargo.com
Wells Fargo has released the 13th Edition of its Manufactured Home Community Financing Handbook created by Tony Petosa (tpetosa@wellsfargo.com), Nick Bertino (nick.bertino@wellsfargo.com), and Erik Edwards (erik.edwards@wellsfargo.com)
Wells Fargo has released the 13th Edition of its Manufactured Home Community Financing Handbook created by Tony Petosa (tpetosa@wellsfargo.com), Nick Bertino (nick.bertino@wellsfargo.com), and Erik Edwards (erik.edwards@wellsfargo.com)
By Zach Koucos, Senior Director, HFF
Tony Petosa and Nick Bertino - Wells Fargo Multifamily Capital
By Zach Koucos
Director, Holliday, Fenoglio, Fowler (HFF)
The marketplace for income property financing has benefited greatly from shifts in the economy. Volatility forces commercial lenders to gravitate towards lower risk, stable, income-producing real estate. Manufactured home communities are increasingly high on their lists, since the cash flow is consistent and demand for affordable housing is strong.