ValueXpress has arranged a $3.2-million CMBS conduit loan for the refinance of a 66-site manufactured housing community (MHC) located in Eugene, Oregon. All the homes are double-wide units. The transaction provided over $2 million of cash-out proceeds to the owner. The market for housing in Eugene … [Read more...] about VALUEXPRESS ARRANGES $3,200,000 CBMS CONDUIT LOAN FOR THE REFINANCE OF A 66-SITE MANUFACTURED HOUSING COMMUNITY (MHC) IN EUGENE, OR
VALUEXPRESS ARRANGES $3,200,000 CBMS CONDUIT LOAN FOR THE REFINANCE OF A 66-SITE MANUFACTURED HOUSING COMMUNITY (MHC) IN EUGENE, OREGON (POST-COVID)
ValueXpress has arranged a $3.2-million CMBS conduit loan for the refinance of a 66-site manufactured housing community (MHC) located in Eugene, Oregon. All the homes are double-wide units. The transaction provided over $2 million of cash-out proceeds to the owner. The market for housing in Eugene … [Read more...] about VALUEXPRESS ARRANGES $3,200,000 CBMS CONDUIT LOAN FOR THE REFINANCE OF A 66-SITE MANUFACTURED HOUSING COMMUNITY (MHC) IN EUGENE, OREGON (POST-COVID)
ValueXpress Obtains $2,915,000 Loan for the Refinance of a 65-Site Manufactured Housing Community (MHC) in Henderson, NV
ValueXpress has arranged a $2,915,000 CMBS conduit loan for the refinance of a 65-site manufactured housing community located in Henderson (Las Vegas), Nevada. Most of the homes are double-wide units and half of the sites are occupied by RVs. The property was unencumbered, and the entire loan … [Read more...] about ValueXpress Obtains $2,915,000 Loan for the Refinance of a 65-Site Manufactured Housing Community (MHC) in Henderson, NV
6.25.19: Manufactured Housing Loans with an RV Component Okay in CMBS
Manufactured Housing Community loans are extremely popular in CMBS. Manufactured Housing Communities (MHCs) are developments in which the landlord leases land “lots” to tenants who then buy or build a manufactured home on the lot. The tenant pays monthly rent to the landlord for the lot. Sometimes … [Read more...] about 6.25.19: Manufactured Housing Loans with an RV Component Okay in CMBS