Tag: Manufactured Homes
Equity LifeStyle Properties is a leading owner and operator of age-restricted manufactured home communities throughout the country. Equity LifeStyle Properties provides retirees with affordable homes within distinct resort-style communities that attract the 55+ crowd. There are more than 200 manufactured communities located throughout some of the most desirable retirement locations in the U.S., spanning 26 states and featuring top-notch amenities, scenic environments, lively social settings, and services provided by dedicated on-site management teams.
Retirees thinking about downsizing from their large family homes have plenty of options to choose from, such as smaller single-family homes, manufactured homes, condos, or townhomes. If they value their space and privacy, then the next best thing would be detached residences, which include single-family homes and manufactured homes. Although these types of homes offer more privacy than condos or townhomes and may come with patios or backyards, they do come with some differences. Read on below to learn about the differences between manufactured homes and traditional single-family homes.
Newmark, an independent and full-service mortgage banking firm in based in San Francisco, has secured $57.55 million in new long-term financing for two separate 55+ manufactured home communities in Apache Junction, AZ. The transaction included $36.66 million in permanent financing secure for a 400-home age-restricted manufactured home community situated across 72 acres. The other 55+ manufactured home community was acquired for about $20.89 million and will have 730 spaces for an RV park model resort situated on about 42 acres in Apache Junction.
When searching for their ideal retirement homes, active adults can choose from many different home styles. Some popular options include condos, townhomes, attached villas and single-family homes. Retirees who decide to relocate to a community with manufactured homes may also have the option of leasing the land instead of buying their own lot.