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RHP Properties Announces The Purchase Of 29 Manufactured Home Communities In Three States For $184,000,000 Company Adds to Midwest Portfolio/New Homes and Upgrades Planned News provided by Share this article Share this article FARMINGTON HILLS, Mich., April 30, 2021 /PRNewswire/ RHP Properties, the nation s largest private owner and operator of manufactured home communities, has announced the acquisition of 29 manufactured home communities in Illinois, Indiana and Michigan containing more than 4,200 sites, for a purchase price of $184,000,000. This brings the company s total of manufactured home communities to 297 nationwide. The announcement was made by Ross Partrich, CEO, RHP Properties. RHP Properties is pleased to announce the purchase of the Heritage Portfolio. We are proud to be preserving affordable housing for more than 4,000 families, said Partrich. We also plan to improve these communities, including the addition of brand new homes. ....
RHP Properties Announces The Purchase Of 29 Manufactured Home Communities In Three States For $184,000,000 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Press release content from PR Newswire. The AP news staff was not involved in its creation. RHP Properties Announces Another Successful Year Of Acquisitions And Growth January 8, 2021 GMT (PRNewsfoto/RHP Properties) FARMINGTON HILLS, Mich., Jan. 8, 2021 /PRNewswire/ RHP Properties, the nation’s largest privately held owner and operator of manufactured home communities providing affordable housing to families and seniors since 1988, announces the acquisition of nine manufactured home communities in 2020. Ross Partrich, RHP’s CEO, made the announcement. Despite the Covid-19 pandemic, the RHP team was able to successfully add nine manufactured home communities to the portfolio, comprised of 2,200 sites and valued at approximately $152M. The company was able to increase their active pipeline by sourcing new opportunities through its network of community owners, brokers, and other market participants. Additionally, the RHP team was able to conduct diligence an ....
Share this article FARMINGTON HILLS, Mich., Dec. 18, 2020 /PRNewswire/ RHP Properties, the nation s largest private owner and operator of manufactured home communities, has announced a $10,000 donation to support an Illinois school through AdoptAClassroom.org. AdoptAClassroom.org is a national nonprofit that provides funding for U.S. K-12 teachers and schools to purchase materials and tools for their students to learn and succeed. Willow Springs Principal Lori Smuda and Superintendent Frank Patrick accept the $10,000 donation from Sterling Estates Community Manager Vianca Navedo on behalf of RHP Properties. AdoptAClassroom.org provides teachers and school administrators with an online fundraising platform, plus a private ecommerce marketplace of nearly 30 school supply and school specialty vendors. Through its marketplace, teachers and school administrators can use donations to select exactly what they need for their classrooms and students. ....