News

January 10, 2017

In the news, Cobblestone investors...

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December 1, 2016

Cobblestone Announces $30 million Acquisition of Three Manufactured Housing Communities in California...

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August 4, 2016

Pacific Land Company, Derek Harris, Howard Weinstein and Connor Peagler, represented the Buyer in a $8,800,000 Transaction...

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January 11, 2016

Tricon Lifestyle Communities ("TLC") purchased a portfolio of five age-restricted manufactured housing communities...

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November 5, 2015

Three East Valley RV and mobile home parks have been sold for $25 million...

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May 28, 2015
Written by Philip Haldiman - Rose Law Group Reporter

Tricon/Cob Apache Junction MHC LP on Thursday closed on an active adult mobile home park in Apache Junction...

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April 15, 2015
Arlington, VA

Members of the manufactured and modular housing industries gathered today at an awards luncheon to recognize individuals and companies for outstanding achievements...

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October 28, 2014
Chicago, IL

Erik Hagen, founder, president and CEO of Cobblestone Real Estate, an Oakbrook, Illinois headquartered commercial real estate investment firm, was a guest panel speaker at the MHI National Communities Councel Fall Leadership Forum held in Chicago.

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October 23, 2014
Written by Kelly Brady - Freddie Mac

On October 3, Freddie Mac Multifamily purchased our first Manufactured Housing Community (MHC) loan: a $10.5 million loan to finance Longhaven Estates in Phoenix, Ariz. ...

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August 27, 2014
(Bethesda, MD) - PRNewswire

Walker & Dunlop, Inc. (NYSE: WD) announced today that it originated a $10,575,000 loan on Longhaven Estates, a manufactured housing community (MHC) located in Phoenix, Arizona, for Cobblestone Real Estate LLC (Cobblestone)...

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August 26, 2014
(McLean, VA)

Erik Hagen, founder, president & chief executive officer of Cobblestone Real Estate, Will Baker, senior vice president of Multifamily Finance at Walker & Dunlop, Amanda Nunnink, national MHC production lead at Freddie Mac, and Dan Din national MHC underwriting lead at Freddie Mac presented to over 250 Freddie Mac staff on the finance and operations of Manufactured House Communities as part of Freddie Mac's Multifamily Educational Briefing series.

May 17, 2014
Written by Drew Harwell - Tampa Bay Times

Sick of the cold, Una and Howard Kemper followed the warmth 1,000 miles south to a field of asphalt in the Florida pine flats, a mobile home park named CountryWood. They bought a double-wide a third the size of their Baltimore rancher — with a manicured palm out front, like they had seen on TV — and filled it with angel figurines. That was 24 years ago...

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April 24, 2014
(Toronto, Ontario) - Tricon

Tricon Capital Group Inc. (TSX: TCN) ("Tricon" or the "Company") today announced a new strategic initiative focused on acquiring and managing existing manufactured housing communities ("MHCs") across the United States. Tricon has a successful track record investing in the residential sector and intends to leverage its operational and development experience to build an investment platform which acquires manufactured housing communities and leases land to homeowners...

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March 25, 2014
Written by Katia Dmitrieva - Bloomberg

Tricon Targets Upscale Mobile Home Parks in U.S. Bet

Tricon Capital Group Inc. (TCN), the Canadian company whose profit rose five-fold last year after betting on U.S. housing in the depths of the slump, now plans to expand into upscale mobile-home parks...

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October 15, 2013
Written by Dawn Wotapka - The Wall Street Journal

Carlyle Group LP, a private-equity firm that has interests in everything from an oil refinery to a vitamin maker, is adding trailer parks to its portfolio. ...

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