Copyright © 2024 Cobblestone Real Estate

Cobblestone’s investment approach creates opportunities to acquire, operate, and improve diversified portfolios of high quality, stabilized MHC/RV assets, creating a strong track record of attractive investor returns.

  • Fully-integrated model focused exclusively on MHC/RV; uniquely positioned to capitalize on the industry’s forecasted exceptional growth.
  • Highly market-driven real estate strategy underpinned by a granular understanding of institutional buyer parameters and unique demand dynamics.
  • Deep network, unique acquisition process, and strong relationships create opportunities to acquire, operate, and improve assets, and to sell well.
  • Targeted MHC/RV portfolio focused on fast-growing Sunbelt states where demand for affordable housing is rising rapidly.
  • Over 60 years of collective industry expertise brought by founders Erik Hagen, Tome Tomaj, and Jason Hagen in acquiring, owning, and operating more than 42,000 homesites valued in excess of $3.7 billion.
  • Extensive MHC/RV due diligence and valuation experience in U.S. markets; Cobblestone’s valuations are utilized by leading institutional investors and private equity firms.

    • Fully-integrated model

    Fully-integrated model

    Fully-integrated model focused exclusively on MHC/RV; uniquely positioned to capitalize on the industry’s forecasted exceptional growth.

    Highly market-driven real estate strategy

    Highly market-driven real estate strategy

    Highly market-driven real estate strategy underpinned by a granular understanding of institutional buyer parameters and unique demand dynamics.

    Deep network, unique acquisition process, and strong relationships

    Deep network, unique acquisition process, and strong relationships

    Deep network, unique acquisition process, and strong relationships create opportunities to acquire, operate, and improve assets, and to sell well.

    Targeted MHC/RV portfolio

    Targeted MHC/RV portfolio

    Targeted MHC/RV portfolio focused on fast-growing Sunbelt states where demand for affordable housing is rising rapidly.

    Over 60 years of collective industry expertise

    Over 60 years of collective industry expertise

    Over 60 years of collective industry expertise brought by founders Erik Hagen, Tome Tomaj, and Jason Hagen in acquiring, owning, and operating more than 42,000 homesites valued in excess of $3.7 billion.

    Extensive MHC/RV due diligence and valuation experience

    Extensive MHC/RV due diligence and valuation experience

    Extensive MHC/RV due diligence and valuation experience in U.S. markets; Cobblestone’s valuations are utilized by leading institutional investors and private equity firms.

    Investment Entities

    Cobblestone provides institutional investors and investment managers with access to the attractive MHC/RV asset class through proprietary funds, off-market joint ventures, and expert property and asset management.

    cobblestone proprietary investment funds icon

    Proprietary Investment Funds

    Proprietary investment funds targeted to accredited investors through a series of closed-end, discretionary funds, each structured to acquire a portfolio of value-added manufactured housing communities in select markets nationwide. These funds allow elite wealth management firms to offer attractive MHC/RV assets to their high net worth clients.
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    Joint Ventures

    Joint ventures structured to meet specific asset class requirements, return targets, and risk profiles for sophisticated real estate-oriented institutional investors. Clients rely on Cobblestone’s deep industry expertise to improve management, reduce operating costs, increase occupancy, and profitably monetize valuable manufactured housing community assets.

    Cobblestone Platform

    Cobblestone’s operating platform has been developed, tested, and refined in MHC/RV operations for over two decades. The Cobblestone platform is a fully integrated property and asset management system designed to build asset value and achieve superior investment returns.

  • Acquisitions and underwriting
  • Information technology and systems
  • Preferred dealer network
  • Home refurbishment affiliate
  • Real-time property management software
  • Data analytics
  • Capital improvement team
  • Human resources and management
  • Asset disposition