Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisIndianaMichiganCRE

RHP Properties acquires 29 manufactured home communities in Indiana, Michigan and Illinois

May 6, 2021
Share on Facebook Share on Twitter Share on LinkedIn Share via email
Holiday Estates, Grand Rapids.

RHP Properties has acquired 29 manufactured home communities in Illinois, Indiana and Michigan containing more than 4,200 sites for a purchase price of $184 million. This brings the company’s total of manufactured home communities to 297 across the nation.

“RHP Properties is pleased to announce the purchase of the Heritage Portfolio. We are proud to be preserving affordable housing for more than 4,000 families,” said Ross Partrich, chief executive officer of RHP Properties. “We also plan to improve these communities, including the addition of brand new homes.”

The planned improvements include new or enhanced amenities, playgrounds and roads. The company also plans to bring in brand new homes at affordable prices, where residents can enjoy the privacy of a single family home and all the energy efficient features and design of today’s manufactured home.

With these acquisitions, RHP Properties now owns and operates 297 manufactured home communities totaling 71,184 home sites. 

Tags
RHP Properties
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisSeniors Housing

McShane Construction completes construction of The Oaks at Algonquin senior living residence

June 24, 2022
IllinoisIndustrial

Principle Construction builds urban industrial spec building for IDI Logistics

June 24, 2022
TexasMultifamily

Colliers Mortgage closes Fannie Mae loan for The Arbors in Temple

June 24, 2022
OhioMultifamily

Columbus’ CREC Real Estate acquires five multifamily properties in first half of 2022

June 24, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com