Four Leaf Properties Acquires 5 Manufactured Home Communities in Michigan

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Deals Brings Michigan Portfolio to 7 properties

Four Leaf Properties, owner/operator and third-party management service provider for manufactured home communities, announces the acquisition of 5 communities in Michigan, growing the portfolio by 1100 sites.

Sprawling across central and northern Michigan, acquired properties include Sylvan Crossings in Chelsea, Tanglewood Village in Brownstown, River Ridge in Saline, Charlevoix Estates in Charlevoix, and Andover in Grass Lake.

“We’re excited to provide high quality affordable housing in a variety of Michigan markets. While diverse, our markets are all defined by growing demand for new housing options. Factory-built housing, which now represents more than 50% of US housing starts, is a perfect solution for growing families as well as seniors looking to downsize or living on a fixed income,” said Mike Callaghan, Managing Partner of Four Leaf Properties. “We invest in new homes and offer in-house and other financing options to help folks take part in the American dream of home ownership. We view our approach to community ownership and management as unique in that we define our business as a ‘service’ business. Four Leaf Properties delivers our FLPlife resident lifestyle experience providing perks, amenities and services that makes living in our communities awesome.”

Four Leaf Properties continues to seek community investment opportunities in the Midwest and other strategic geographies.

“Quality community owner/operators that put the resident at the center of their strategy will strengthen the industry, making way for evolving models for factory-built housing,” stated Mr. Callaghan. “We’re putting ourselves on the forefront of that movement.”

ABOUT FOUR LEAF PROPERTIES.
Four Leaf Properties, founded in 2009, is a growing owner/operator and third-party management service provider for manufactured home communities. Committed to reinvestment, Four Leaf Properties works every day to improve and grow safe, professionally managed communities. Investments in amenities, community events and everyday management creates an environment where residents can put down roots. Four Leaf Properties also offers affordable home ownership with energy-efficient, modern floorplans and luxury finishes. To learn more, visit http://www.fourleafprop.com.

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Lisa Lane
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