FG Communities

FG Communities’ Portfolio Expansion: Acquisition of Three Manufactured Housing Communities

We recently expanded our portfolio by acquiring three manufactured housing communities in Burlington, Graham, and Denver, North Carolina. These acquisitions not only boost our cash flow but also demonstrate our ability to identify and execute strategic acquisitions in the Southeastern US manufactured housing market. This aligns with our mission to enhance affordable housing opportunities.

Burlington and Graham, located in the vibrant Greensboro–Winston-Salem–High Point, NC area, just 40 minutes from Raleigh and Greensboro, offer residents an exceptional quality of life. Burlington, home to one of the region’s largest biomedical testing firms, provides excellent employment prospects, further enhancing the appeal of both towns.

Denver, North Carolina, enjoys a convenient location, just a 25-minute drive from Lake Norman, one of the state’s most affluent areas. Lake Norman is famous for its exceptional watersports and family-friendly recreational activities.

FG Communities CEO, Michael Z. Anise, expressed, “Our goal is to establish FG Communities as the foremost provider of high-quality manufactured home sites. Our mission is to preserve and improve affordable housing. We eagerly welcome our newest residents into the FG family, spanning across Burlington, Graham, and Denver, North Carolina.

We welcome input and engagement, and we encourage you to contact us with questions, or concerns. Please don’t hesitate to reach out.

About FG® Communities

FG Communities is a self-administered, self-managed real estate investment company. The company has a growing portfolio of 27 manufactured housing communities with approximately 693 home sites, which are owned or under contract to be acquired. FG Communities works to improve the quality of life and maintain affordable housing options for its residents.