YES! Adds to Portfolio

MarketWatch reports Denver-based YES! Communities has acquired a portfolio of 64 manufactured housing communities (MHCs) comprised of 14,000 home sites mostly in the Atlanta and Dallas metropolitan markets, but also including Corpus Christi and El Paso, Texas, as well as Las Cruces and Las Alamos, New Mexico. With the completion of this purchase from American Residential Communities (ARC), YES!, now one of the largest privately-held MHC owners in the nation, operates 181 communities with 46,000 home sites in 17 states. As MHProNews has learned, YES! will also hire 180 ARC employees.

(Image credit: YES! Communities)

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