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4/29/26
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An unnamed private investor has secured a $14 mil permanent loan for a 260-site manufactured housing community located in Fresno. The property covers 37.5-acres and offers extensive landscaping and amenities, including a clubhouse, pool, spa, sauna, playground, basketball courts, game & billiard tables, library, picnic area, pond and RV storage.
The property is still owned and operated by its original developer, who has enjoyed significant long-term appreciation and stable occupancy through active management and maintenance of the property’s country club styled environment.
Gantry’s Patrick Barkley, Principal, Chad Metzger, Senior Associate, and Andrew Christopherson, Associate arranged the five-year, non-recourse, fixed rate loan. It was provided by an insurance company lender and features with full-term interest-only payments. Gantry will service the loan for the lender.
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