From the News

New investment in MHC’s

WEST PALM BEACH, Fla., May 30, 2023 (GLOBE NEWSWIRE) — Madison Ventures+ (“MV+”), a private/venture equity boutique that combines capital investment with hands-on collaboration, announced today the launch of M2 Communities (“M2C”), a new MV+ investment platform designed to help combat the affordable housing crisis in key high-growth markets, while capitalizing on the investment potential of Manufactured Housing Communities (“MHC”), the most stable real estate asset class. M2C will focus its acquisition efforts in high-net migration markets in the Southeastern quadrant of the United States.

Manufactured housing is a home unit constructed entirely off-site at factories prior to being moved to a piece of property. The cost of construction per square foot is considerably less for manufactured housing than for traditional homes constructed onsite. Over the years, the housing option has often been derided, but advancements in technology and building materials mean today’s manufactured housing bears little resemblance to the “mobile homes” of the past.

As an investment, MHCs have always been and remain one of the most stable, recession-resistant real estate asset classes. Basically, this real estate class has not lost any money even in past recessions. We believe that now is the absolute perfect time to reinvigorate manufactured housing communities due to a combination of factors. Economic challenges, a worsening housing crisis and improved building quality are combining to create the best market in decades for manufactured housing communities. Private MHCs are projected to be the top-performing real estate asset class over the next five years, according to Green Street Advisors

From Jim Dissett The 9th Block

Leave a Reply

Your email address will not be published. Required fields are marked *