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Park brokers

Park Brokerage Inc

Park Brokerage Inc lists and sells manufactured housing communities, RV parks and campgrounds, and arranges debt on the same asset types. It works with buyers, sellers and borrowers nationwide from Phoenix, Arizona, with sales staff carrying regional titles for the West, the Midwest and South, and capital markets.

Sell-side work can start with an obligation-free broker opinion of value on a community or park. The capital markets side describes itself as a direct loan correspondent for the major manufactured housing community and RV park lenders, and says it is involved in negotiation, loan structuring, due diligence and closing. A separate equity capital markets group structures joint ventures between investors and operators.

The firm has been a licensed real estate broker since 1981 and holds broker licenses in California, Arizona and Nevada. It says its database covers more than 40,000 manufactured housing communities, RV parks and owners, that it has sold more than 250 communities and parks for total consideration above $1 billion, and that it has financed several hundred more.

Commission terms, typical deal size and which team member covers a given state are not published. Ask which office holds the license for the state a property sits in before signing a listing agreement.

Best for

Owners of manufactured housing communities, RV parks or campgrounds who want a sector specialist to run the sale and can also place the debt. Not a fit for buyers of single-family homes or general commercial property.

What they do

  • Manufactured housing community sales
  • RV park and campground sales
  • Broker opinion of value at no charge
  • Loan placement as a direct loan correspondent
  • Loan structuring, due diligence and closing support
  • Equity capital markets and joint venture structuring
  • Buyer representation and off-market property search

Details

AttributeValue
Founded1981
LicensesLicensed real estate broker in California, Arizona and Nevada

What stands out

  • Licensed real estate broker since 1981, with broker licenses in California, Arizona and Nevada.
  • Says its database covers more than 40,000 manufactured housing communities, RV parks and owners.
  • Reports more than 250 manufactured housing communities and RV parks sold, with total consideration over $1 billion.
  • Describes itself as a direct loan correspondent for the major manufactured housing community and RV park lenders nationwide.