RHP Secures $830-Million Wells Fargo Loan for 36-Community MH Portfolio
RHP Properties and a capital partner secured $830-million in Wells Fargo financing, arranged by Newmark, for a 36-community manufactured housing portfolio.
Key facts
- Newmark Group, Inc. arranged $830-million in portfolio financing for RHP Properties and an institutional capital partner.
- Wells Fargo provided the financing, which covered both an acquisition and a refinance.
- The portfolio has 8,340 manufactured housing pads across 36 communities, mostly four- to five-star and all-age.
- Residential ownership in the portfolio is above 95% and physical occupancy is above 99%.
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Read the original at Connect CRE (opens in a new tab)
Source: RHP Obtains $830M Acquisition Financing for 36-Asset Manufactured Housing Portfolio — Connect CRE, April 20, 2026. Summary and commentary by RISE Community; read the full story at the source.
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