Lucia Morosanu
Longfellow Real Estate Buys San Diego Office Campus
The company intends to convert the two-building property into lab space for life science tenants.
CAPREIT Buys Ontario MHC Portfolio
The Canadian REIT spent nearly $7 million for three manufactured housing communities comprising 169 sites.
UMH Properties Secures New Revolving Credit Facility
The $20 million financing agreement is expandable to $30 million and has a three-year term.
White House Delays Stimulus Talks Past Election Day
The President also expressed support for an additional round of one-off $1,200 checks and new allocations for small businesses and the airline industry.
Capital Square Pays $36M for Orlando-Area MHC
Walker & Dunlop originated a $27.9 million Fannie Mae loan for the acquisition of Maplewood Estates in Port Orange, Fla.
Scannell Signs 760 KSF Tenant at Atlanta-Area Facility
Radial will join The Home Depot and Love’s Travel Stops at Gardner Logistics Park. The facility will comprise 2 million square feet once completed.
Colorado Mobile Homes Receive $5M Loan
The Fannie Mae financing, arranged by Hunt Real Estate Capital, will retire acquisition debt on Blue Spruce Mobile Home Park in Berthoud.
Colony Capital to Sell $2.8B Hospitality Portfolios
Highgate Hotels will take over 197 properties totaling 22,676 keys in one of the sector’s largest deals since the start of the pandemic.
UMH Properties Grows Manufactured Housing Footprint
Located in upstate New York, Lake Erie Estates changed hands for $4.5 million. The community was 71 percent occupied at the time of sale.
Missouri MHC Portfolio Trades for $15M
Totaling 531 sites, Lakewood Estates, Briarwood and Alpine Village are located in Springfield.