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Proteus MHP Announces Significant Equity Commitment from GCM Grosvenor's Real Estate Platform
GlobeNewswire News Room· 2025-06-03 12:00
CHICAGO and LOS ANGELES, June 03, 2025 (GLOBE NEWSWIRE) -- Proteus MHP, a private real estate investment and operating firm focused on manufactured housing communities, today announced a $60 million equity commitment from GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider with approximately $82 billion in assets under management. The investment is being made by GCM Grosvenor’s Real Estate platform through various GCM Grosvenor-managed investment vehicles. The capital will ...
Flagship Communities Real Estate Investment Trust Wins National Manufactured Housing Institute’s Highest Awards for Excellence in Community Operations and Impact
Globenewswire· 2025-05-07 11:00
Core Insights - Flagship Communities Real Estate Investment Trust has been recognized with two prestigious awards from the Manufactured Housing Institute, namely the Manufactured Home Community Operator of the Year and Community Impact Project of the Year [1][2] Group 1: Awards and Recognition - Flagship has received the Manufactured Home Community Operator of the Year award twice in the last three years, highlighting its consistent performance in the industry [1][2] - The awards were part of the annual Excellence in Manufactured Housing Awards, where Flagship was selected from 85 submissions by member companies, showcasing its leadership in providing quality products and services [2] Group 2: Community Impact - The Suburban Pointe community, operated by Flagship, was awarded the Community Impact Project of the Year due to the addition of new amenities such as a clubhouse, playground, basketball court, soccer field, and dog park [3] - Flagship has introduced year-round community events and programming, enhancing the living experience for residents [3][4] Group 3: Company Overview - Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential Manufactured Housing Communities, primarily serving working families seeking affordable home ownership [4] - The REIT operates in several states including Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois, focusing on family-oriented communities [4]