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Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle communities, and marinas. As of June 30 2024, the company owned interests in 666 such properties in the United States, Canada, and the UK consisting of approximately 181,760 developed sites and over 48,140 wet slips and dry storage spaces.
Mobile home parks in the U.S. have become an attractive investment for financial firms such as Carlyle Group, Apollo Global Management and TPG Capital. [14] [3] [2] In the early 2020s, an individual mobile home park can be sold in the tens of millions of dollars. [15] Over 100,000 US mobile home sites were estimated to be owned by large firms ...
Mobile homes are designed and constructed to be transportable by road in one or two sections. Mobile homes are no larger than 20 m × 6.8 m (65 ft 7 in × 22 ft 4 in) with an internal maximum height of 3.05 m (10 ft 0 in). Legally, mobile homes can still be defined as "caravans".
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 2 months ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor .
One option is for investors to just park their portfolio in cash and wait out 2023, or until things stabilize a bit more. This is a trend several experts are witnessing.
Among Munger's well-known views is that homes should be reserved for families who intend to live in them. At the 1998 Berkshire Hathaway Annual meeting, Munger famously quipped, “The single ...
Advertisement for mobile homes on the Florida Keys, June 1973. Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.