QuadReal Property Group (QuadReal), a global real estate investment, operating and development company, acquired an eight-asset manufactured housing portfolio located across the key U.S. markets of Austin, Dallas, Orlando and Salt Lake City. The purchase price was $330 million.
These high-quality, stabilized all-age communities add to QuadReal’s manufactured-housing portfolio and complement its existing residential footprint across a variety of housing types globally. QuadReal is an owner and operator of manufactured housing communities in Canada, through Parkbridge, which offers high-quality, attainable housing across the country.
“The acquisition of a 100 percent direct interest in these assets accelerates our growth in the U.S. manufactured housing sector with an established operator and a high-quality portfolio,” said Daniel Gliksman, managing director at QuadReal. “QuadReal is a leading provider of housing globally, and this acquisition demonstrates our co
