Chicago & Midwest + Greater Chicagoland + Finance | December 19, 2022

Inland Venture Partners completed a $160-million capital raise for a fund focused on the acquisition and management of manufactured housing

Inland Venture Partners Completes $160M Capital Raise for Manufactured Housing Fund

Inland Venture Partners, LLC , the private equity real estate arm of Inland Real Estate Investment Corporation said that MH Ventures Fund II, Inc., a Delaware corporation that focuses on the acquisition and management of manufactured housing and recreational vehicle communities, has completed a $160-million capital raise.

The offering was oversubscribed and is now closed. Fund II’s portfolio is currently comprised of 12 manufactured home and recreation vehicle communities, with 11 located in Florida and one located in California.

“We are thrilled to close our second manufactured housing offering in just over two years,” said Rod Curtis, president of Inland Venture Partners. “These assets are well positioned for strong long-term performance due to favorable demographic demand drivers, desirable locations and limited competing housing options.”

Over the past four years, Inland Venture Partners has acquired 25 properties covering 2,400 manufactured home and recreation vehicle sites.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).