GlobeSt reports from Chevy Chase, Maryland multifamily real estate investment firm Federal Capital Partners (FCP) has invested $29.5 million in a 1,358 manufactured home site portfolio with communities in Pennsylvania, North Carolina, and Maryland. MHProNews.com has learned FCP is teaming with current portfolio owner Horizon Land Co. FCP Managing Partner Thomas A. Carr says, “This is a logical extension of our multifamily strategy. The customers for manufactured housing are similar to the folks we serve in multifamily.”

(Photo credit: Horizon Land Co.)