Canadian Firm to Invest in U.S. Manufactured Housing

LinkedIn states Oxbridge Ventures, Inc., a private investment company of Vancouver, Canada, will offer $100 million for manufactured housing investment in the U.S. and Canada over the next five years, proffering $30 million in equity and debt during the next 24 months.  The funding is intended to augment available financing.  Unlike the U.S. market for manufactured housing, the Canadian Manufactured Housing Institute (CMHI) registered a gain of 17 percent production of single-family manufactured homes, third quarter 2010 over third quarter 2009.  The U.S. continues to rank number one in the export of manufactured buildings.

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