Articles from Manufactured Housing Properties Inc.

Manufactured Housing Properties Inc., a leading owner and operator of manufactured housing communities, today announced the launch of its Series G cumulative redeemable preferred stock offering that seeks to raise $100 million in equity from accredited investors via financial advisors at independent broker-dealers and registered investment advisory firms.

Manufactured Housing Properties Inc. (“MHP”), a leading owner and operator of manufactured housing communities, today announced the redemption of more than $40 million in Series B, Series C, and Series D Preferred Stock. The redemption follows the company’s portfolio-wide refinance with Morgan Stanley, which closed on April 30, 2026. Final distributions, including all accrued dividends through the redemption date, were paid to preferred shareholders on May 6, 2026.

Revenues increased by 39%, net loss increased by 168%, and Adjusted EBITDA decreased by 10%.

CHARLOTTE, N.C., April 17, 2023 (GLOBE NEWSWIRE) --  Manufactured Housing Properties Inc. (OTC: MHPC), a leading owner and operator of manufactured housing communities, announced today the company’s acquisition of Palm Shadows Mobile Home & RV Resort.

Charlotte, North Carolina, Feb. 01, 2023 (GLOBE NEWSWIRE) --  Manufactured Housing Properties Inc. (OTC:MHPC) today announces the January 2023 acquisitions of Country Aire & Merritt Place Manufactured Housing Communities and the November and December acquisitions of the Wake Forest portfolio and Mobile Cottage.

Charlotte, North Carolina, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Today, Manufactured Housing Properties Inc. (OTC: MHPC) announces the refinancing of 42 communities with Fannie Mae (“FNMA”) through KeyBank, Inc., as well as the addition of three communities to its portfolio.

Charlotte, North Carolina, July 28, 2022 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC) today announced the acquisition of three properties.