SoCal MHP

Transaction description

Michael Tanner and David Sarnoff of PSRS arranged $4.75 million in acquisition financing for a mobile home park in Southern California. The property features 44 residential pad sites alongside a permanent on-site laundry facility. Additionally, the well-maintained community offers complete infrastructure, including fully paved streets, concrete parking areas, manicured landscaping, and secure perimeter fencing. Secured through one of PSRS’s correspondent life insurance companies, the acquisition loan features a three-year, interest-only term.