FG Nexus Commits $10 Million to FG Communities in Pivot to Manufactured Housing
On Sept. 16, 2026, Charlotte-based FG Nexus announced a $10 million investment in FG Communities and a plan to buy affordable housing communities directly.
Key facts
- FG Nexus approved a $10 million investment in FG Communities, for about 10% of FG Communities' outstanding common stock.
- FG Communities owns or has pending acquisitions of 96 communities with over 4,000 home sites.
- Kyle Cerminara, Chairman and CEO of FG Nexus, is also an officer and director of FG Communities.
- FG Nexus renamed itself FG Communities Holdings, Inc.; its stock began trading as FGC on Sept. 28, 2026.
- Cerminara estimated that the US market for affordable housing communities exceeds $500 billion.
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Read the original at The Manila Times (opens in a new tab)
Source: FG Nexus Board of Directors Approves Affordable Housing Real Estate Acquisition Strategy and $10 Million Investment in FG Communities — The Manila Times, September 16, 2026. Summary and commentary by RISE Community; read the full story at the source.
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