Park brokers
Northmarq MHC Group
Northmarq's MHC Group is a nationwide investment sales team focused on mobile home parks and manufactured housing communities, working alongside the firm's debt and equity advisors. Northmarq created the MHC Group in 2018 to support investors focused on this sector.
The model pairs brokerage with capital markets. A nationwide investment sales team positions and markets the asset while debt and equity professionals provide capital options, including bank financing, bridge and mezzanine debt, CMBS, Fannie Mae, FHA/HUD, Freddie Mac and life insurance company debt, plus equity placement, joint venture equity and preferred equity. Northmarq also handles 1031 exchanges, defeasance, primary loan servicing, receivership and expert testimony, and publishes a manufactured housing market report covering market fundamentals, transaction activity and outlook.
Firm-wide, Northmarq reports $91.3 billion in total transaction volume for 2022 through 2025, an $80 billion servicing portfolio, and 1,000 commercial real estate professionals across the United States. The MHC Group's listed producers work out of Los Angeles, Phoenix, Newport Beach, Atlanta and Baltimore.
Fees are quoted per assignment. Because MHC producers are spread across several offices rather than concentrated at the firm's headquarters, confirm which advisor covers a given market before engaging.
Best for
Owners selling a manufactured housing community or RV resort who want brokerage and agency, bank, bridge or life company debt arranged through one firm. MHC producers are listed in Los Angeles, Phoenix, Newport Beach, Atlanta and Baltimore.
What they do
- Manufactured housing community investment sales
- Mobile home park and RV resort brokerage
- Fannie Mae, Freddie Mac and FHA/HUD financing
- Bank, bridge and mezzanine financing
- CMBS and life insurance company debt
- Equity placement, joint venture and preferred equity
- 1031 exchange and defeasance services
- Primary loan servicing
- Manufactured housing market research reports
Details
| Attribute | Value |
|---|---|
| Team size | 501-1,000 employees |
| Other offices | Los Angeles, CA, Phoenix, AZ, Newport Beach, CA, Atlanta, GA, Baltimore, MD |
| Typical deal size | $10M+ |
What stands out
- Northmarq created the MHC Group in 2018 for mobile home park and manufactured housing community investors.
- Reports $91.3 billion in total transaction volume for 2022 through 2025.
- Reports an $80 billion servicing portfolio.
- Lists 1,000 commercial real estate professionals across the United States.
- MHC producers are listed in Los Angeles, Phoenix, Newport Beach, Atlanta and Baltimore.