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Verde Plaza

Bridge Investment Acquires its First Manufactured Housing Assets

Fixed-rate Freddie Mac financing to the tune of $44 million was recently secured for Salt Lake City-based Bridge Investment Group to acquire its first manufactured housing communities. The portfolio consists of Candlelight Village, a 311-pad community in Sauk Village, IL; Fiesta Village, a 148-pad community in Mesa, AZ and Verde Plaza, a 189-pad community in Tucson, AZ.

Brian Caudel and Chris Jewett of KeyBank’s Real Estate Capital team structured the financing.

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Brian Caudel

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Financing