Four Leaf Properties Sells Property Portfolio to Yes! Communities
OAK BROOK, Ill. (PRWEB) May 10, 2018 -- Four Leaf Properties, pioneer in the manufactured home (MH) revolution, announces the sale of its community portfolio. Four Leaf is selling all 24 of its communities -- with 7,000 sites -- in Illinois, Michigan, Indiana and Texas -- to Colorado-based YES! Communities. YES! is the U.S.’s fourth largest MH community owner/operator.
“We care deeply about the affordable housing problem,” says Mike Callaghan, co-founder of Four Leaf Properties. “We’re excited to transition our revitalized properties to YES!, an esteemed operator that shares our commitment to industry quality. Even post sale, our mission remains the same -- to provide home ownership and unmatched manufactured housing community experiences. Four Leaf is acquiring more properties to replenish our portfolio and stewarding our unique line of MH property management services.”
For the past decade, Four Leaf Properties acquired manufactured home communities and bolstered their value by bringing in new homes, financing the homes, and massively improving community amenities and lifestyle experience.
This sale positions Four Leaf to purchase and enhance more MH properties and communities across the U.S. Leveraging its secret sauce -- the FLOhome digital platform -- Four Leaf provides financing, digital marketing and sales support, to all MH communities owned and managed. Four Leaf’s Third-Party management and New Homes program services also continue to thrive.
“The need for affordable housing is across all demographics,” says Kevin Shaughnessy, co-founder of Four Leaf Properties. “Millennials seek homes for their new families and Baby Boomers want to downsize. Manufactured homes and the community lifestyle experience is an outstanding choice at an attainable price.”
ABOUT FOUR LEAF PROPERTIES: In 2011, business partners Kevin Shaughnessy and Mike Callaghan -- after selling their $12M data analytics/tech company -- moved into the burgeoning manufactured home (MH) industry. Founding Four Leaf Properties, the team facilitates MH ownership, property management, home retailing, insurance, mortgage loans, community growth, and resident satisfaction.
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For more information, please contact Lisa Lane at llane(at)fourleafprop(dot)com or 630-664-3806
Lisa Lane, Four Leaf Properties, http://www.fourleafprop.com, +1 630-664-3806, [email protected]
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