Acquisition Archives | FG Communities, Inc. https://fgcommunities.com/tag/acquisition/ Wed, 03 Jan 2024 01:44:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://i0.wp.com/fgcommunities.com/wp-content/uploads/2022/07/cropped-FG_square.png?fit=32%2C32&ssl=1 Acquisition Archives | FG Communities, Inc. https://fgcommunities.com/tag/acquisition/ 32 32 214612986 FG Communities Adds Communities in Morganton and Statesville, NC https://fgcommunities.com/fgc-communities-in-morganton-and-statesville-nc/?utm_source=rss&utm_medium=rss&utm_campaign=fgc-communities-in-morganton-and-statesville-nc Mon, 11 Dec 2023 19:50:31 +0000 https://fgcommunities.com/?p=1231 FG Communities is thrilled to share the latest developments regarding our mission to preserve and improve affordable housing by acquiring and operating manufactured housing communities. We are pleased to announce the acquisition of three communities, further solidifying our presence in the Southeastern United States. The latest addition includes one 29-lot community located in Morganton, NC, […]

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]]> FG Communities is thrilled to share the latest developments regarding our mission to preserve and improve affordable housing by acquiring and operating manufactured housing communities. We are pleased to announce the acquisition of three communities, further solidifying our presence in the Southeastern United States.

The latest addition includes one 29-lot community located in Morganton, NC, and two communities: Oak Knoll, a 39-lot community, and Hickory Ridge, a 33-lot community, both located in Statesville, NC, totaling 101 home sites. These acquisitions follow our recently announced expansion in Asheville, NC, and they continue to strengthen our financial position and underscore our ability to identify and capitalize on strategic industry opportunities.

Looking ahead, our forward-thinking ensures a robust pipeline of potential acquisitions. These opportunities promise attractive investment prospects, featuring favorable cap rates and substantial cash flow potential.

Once again, we express our gratitude for your ongoing support, which has been instrumental in our achievements. We look forward to continuing this journey together and creating a lasting impact on affordable housing in the region.

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.

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]]> 1231 FG Communities Expands Affordable Housing Portfolio with New Acquisition in East Flat Rock, NC https://fgcommunities.com/fgc-new-acquisition-in-east-flat-rock-nc/?utm_source=rss&utm_medium=rss&utm_campaign=fgc-new-acquisition-in-east-flat-rock-nc Wed, 01 Nov 2023 18:30:19 +0000 https://fgcommunities.com/?p=1181 Our most recent acquisition in East Flat Rock, North Carolina has added 25 new homesites to our portfolio. These additions mark a stride forward in our commitment to affordable housing, as we now oversee hundreds of homesites (and growing) in the Southeastern United States. Our acquisition in Henderson County, NC, has strengthened our cash flow, […]

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]]> Our most recent acquisition in East Flat Rock, North Carolina has added 25 new homesites to our portfolio. These additions mark a stride forward in our commitment to affordable housing, as we now oversee hundreds of homesites (and growing) in the Southeastern United States.

Our acquisition in Henderson County, NC, has strengthened our cash flow, demonstrating our proficiency in identifying and successfully pursuing opportunities within the industry. This new acquisition follows our recent North Carolina transactions in Charlotte, Winston-Salem, Burlington, Graham, and Denver. Our pipeline for new community acquisitions remains robust, and we’ve pinpointed numerous investment opportunities offering appealing cap rates and significant cash flow potential.

We wish to reiterate our genuine gratitude for your insights and engagement. Whether you have questions, or concerns, or wish to connect, please do not hesitate to reach out to us. Your support and trust have been instrumental in our progress.

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.

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]]> 1181 FG Communities’ Portfolio Expansion: Acquisition of Three Manufactured Housing Communities https://fgcommunities.com/fg-communities-acquisition-of-three-communities/?utm_source=rss&utm_medium=rss&utm_campaign=fg-communities-acquisition-of-three-communities Fri, 20 Oct 2023 09:00:10 +0000 https://fgcommunities.com/?p=1169 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 […]

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]]> 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.

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