1,800 Home Sites Change Hands

MarketWatch says commercial real estate firm Walker and Dunlop, Inc. provided $67,680,000 in Fannie Mae financing to Hometown America, LLC for five manufactured housing communities comprised of over 1,800 home sites located in Illinois, Massachusetts, Florida and New Jersey. The age-restricted communities cover over 500 acres. Walker and Dunlop specializes in multifamily lending. MHProNews has learned Hometown America, based in Chicago, is a privately held company that owns and operates over 120 MHCs in 20 states.

(Photo credit: Hometown America LLC)

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