Fannie Mae to support $1 billion manufactured housing deal, its largest ever

Fannie Mae is providing credit to support a $1 billion manufactured housing transaction, the largest transaction for this type of housing it has underwritten to date. The deal pertains to the Denver-based Yes! Communities, a portfolio of real estate funds managed by Stockbridge Capital Group. The transaction is significant as it signifies that institutional investors are recognizing the manufactured housing sector’s value as an asset class, according to GlobeSt.com.

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