The Carlyle Group: Manufactured Homes Ignites Wall Street
Unlike the now deceased Rodney Dangerfield, the manufactured housing sector is finally getting the respect it deserved years ago. Long maligned by negative press, the prefabricated housing segment has made significant strides in the past two decades. Dispelling the ridiculous labels created by the manipulative mainstream media, and shrugging off the label of “low-rent” housing. Excited by opportunity, many of today’s more savvy investors are diving into the newly appreciated manufactured housing (MFH) asset sector.
The Carlyle Group: Manufactured Homes Ignites Wall Street
The Carlyle Group: Manufactured Homes Ignites Wall Street
Case in point: The Carlyle Group, one of the largest private equity firms in the U.S., have started to invest in the nations many mobile home parks. While countless investors in the past have looked down their nose at the manufactured housing sector as an investment vehicle. Shrewd investors, like Warren Buffet – who owns Vanderbilt Mortgage and 21st Mortgage Corp – and Sam Zell, have been busy buying up many of the sectors assets. Mr. Buffett’s primary focus has been to capitalize on the home manufacturing and financing arena, while Mr. Zell has been busy purchasing mobile home parks around the country.
The Carlyle Group: Manufactured Homes Ignites Wall Street
In our ongoing series, ManufacturedHomes.com in conjunction with L.A. Tony Kovach from MHProNews, sits down with Mark Beliczky to discuss The Carlyle Group’s new profit driven interest in the manufactured housing sector; specifically targeting the acquisition of land lease communities.
Join Tony and Mark at the 2014 L.A. MHI tradeshow as they discuss The Carlyle Group’s belief that, somewhere between $1 billion and $2 billion of investment capital will be seeking out new opportunities in the manufactured home sector during 2015.
