Edgewood Capital funded a manufactured housing loan for a repeat Borrower in North Carolina. The $7.7M bridge loan funded the acquisition and renovation of three MHCs totaling 380 pads. With this loan, the borrower will complete improvements to the communities and purchase new homes for vacant pads.
Manufactured Housing Communities are becoming more and more popular, as they are an affordable housing solution for tenants.
Edgewood Capital is here to find the best financing options for your needs. Whether it is for mobile and manufactured homes, hospitality, industrial parks, or more, Edgewood is here to help. Contact one of our experts today for more information.