Manufactured Housing Community Owner Inks Deal

A Cheektowaga, New York senior housing community is being acquired by Northstar Realty Finance Company, a New York City-based real estate investment trust (REIT) and owner of a portfolio of manufactured housing communities. Syracuse-based Peregrine Senior Living is selling Peregrine’s Landing LLC for $12.5 million, buffalonews.com reports. As MHProNews.com posted Dec. 24, 2013, Northstar owns 123 manufactured housing communities comprised of over 29,000 homesites. ##

(Image credit: Northstar Realty Finance Company)

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