HFF Secures Loan for Kingsley Management

HFF (Holliday Fenoglio Fowler, L.P.) has secured a 25-year, fixed-rate, fully-amortizing loan through Lincoln Financial Group for $8.2 million in financing for Villa Cajon on behalf of Kingsley Management Corp (KMC). HFF will also service the loan. A 125 homesite manufactured housing community in El Cajon, California, Villa Cajon is a 100 percent occupied all ages community featuring a swimming pool, clubhouse, gameroom, picnic area and playground. As nreionline.com tells MHProNews, KMC is one of the nation’s largest privately-owned manufactured housing community owners with over 40 communities in eight western states.

(Photo credit: TriStar Estates)

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