Joe Kelly of the Iowa Manufactured Housing Association tells MHProNews Denver-based YES! Communities and real estate investment firm Stockbridge Capital Group of San Francisco have purchased a portfolio of 42 manufactured housing communities from American Residential Communities (ARC), also of Denver. The 10,500 home sites, located in Iowa, Illinois, Nebraska, North and South Carolina, North Dakota, and Oklahoma brings YES! Communities total ownership to 117 communities in 16 states with more than 30,000 home sites.

(Image credit: YES! Communities)