Growth in the Asheville market has led to a significant increase in housing prices. The Flat Rock manufactured housing community, along with our other communities in the nearby area, offers an affordable housing option that is needed in the area and welcomed by our residents.
Michael Anise, CEO of FG Communities, commented, “We believe the Asheville market will continue to see outpaced growth for many years to come. The Flat Rock manufactured housing community is ideally located to benefit from this growth. In addition, this acquisition further strengthens our presence in the region.”
About FG® Communities
FG Communities, co-founded by Joe Moglia, Kyle Cerminara, and Michael Anise, is a self-administered, self-managed real estate holding company. The company has a growing portfolio of 43 manufactured housing communities with over 1,800 homesites either owned or pending acquisition. FG Communities works to improve the quality of life and maintain affordable housing options for its residents.
Contact:
Michael Anise, CEO
ir@fgcommunities.com
https://fgcommunities.com
Source:
FG Communities
