July 20, 2023
Deal Closed! $9.75m Towards The Acquisition of a Mobile Home Park Portfolio
Stabilis is pleased to announce the closing of a $9,750,000 senior secured bridge loan for the acquisition of three mobile home parks located across Washington state.
The sponsors are high net worth individuals with significant experience investing in and operating mobile home parks across the U.S. The properties are well-located and have occupancies of over 95%. Stabilis helped the borrower with a tight closing timeline due to the upcoming enactment of a new state law.
Contact: Juan Robayo, 212-256-8968, firstname.lastname@example.org