Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
RHP Properties Adds Five-State Manufactured Housing Portfolio
RHP Properties acquired 17 manufactured home communities in five states containing 3,177 sites, including its first communities in Wisconsin. The $170-million in acquisitions bring the Farmington Hills, MI-based company’s total of manufactured home communities to 254 nationwide.
RHP Properties’ Ross Partrich says, “With a strong start to 2019, we look forward to continued growth and opportunities throughout the year.”
RHP Properties now owns and operates the following communities:
-
- Arizona: Crescent Manor in Tucson
- Colorado: Crestline Manor and Lamplighter in Colorado Springs
- Indiana: Island Grove in DeMotte
- Pennsylvania: Redwood Estates in Oakdale; Virginia Hills in Imperial; and Washington Estates and Washington Estates II in Washington
- Wisconsin: City View in Kenosha; Wheatland Estates in Burlington (pictured); Lincoln Park in West Allis; Village Terrace and Back Acres in Johnson Creek; Hickory Lane in Little Chute; Evergreen Villa in Stevens Point; Lazy Acres in Wausau; and Whispering Pines in Merrill.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition