Newmark has arranged an $830 million portfolio financing on behalf of RHP Properties and an institutional capital partner for the acquisition and refinancing of a 36-asset manufactured housing portfolio. Jordan Roeschlaub, co-president of global debt and structured finance; Nick Scribani, vice chairman; Chris Lozinak, managing director; and Samuel Speciale, senior associate, secured the financing, which was provided by Wells Fargo.
The portfolio is institutionally managed and consists of 8,340 manufactured housing pads across 36 predominantly four- to five-star, all-age communities, with residential ownership exceeding 95 percent and physical occupancy above 99 percent.
The portfolio is concentrated in supply constrained markets benefiting from sustained population growth and limited new development, supporting continued rent growth and stable performance. Manufactured housing remains one of the most resilient asset classes, underpinned by durable cash flows, high barr
