Berkadia | Manufactured Housing

A PARTNER FOCUSED ON YOUR SUCCESS. Berkadia Manufactured Housing is dedicated to providing best-in-class mortgage banking, investment sales and advisory services to manufactured home community and RV resort owners. With decades of experience and fortified partnerships, we specialize in providing comprehensive financial solutions to meet your unique investment needs. Berkadia understands the complexities of the manufactured housing industry and the importance of tailored financial strategies. Whether you’re looking to finance a new acquisition, refinance an existing property or explore investment opportunities, we are here to guide you every step of the way.

Our experienced mortgage bankers and investment sales advisors, who are backed by innovative technology and cutting-edge analytics, are the centerpiece of Berkadia Manufactured Housing.

From acquisition to repositioning to disposition, our client-focused experts, supported by years of experience and highly seasoned underwriters and analysts, are prepared to advise and guide you into a future defined by success and stability.

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BERKADIA Manufactured Housing

Berkadia is ideally situated to assist owners and operators of manufactured housing communities over the course of the investment life cycle with a tenured team of investment sales advisors, backed by industry-leading technology and mortgage banking capabilities.”

KEVAN ENGER Senior Managing Director

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BERKADIA Manufactured Housing

SUCCESS IS NOT PURELY MEASURED

BY NUMBERS. But, they help tell our story:

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$1.3 billion

$19 billion

$52 billion

Financed across 112 transactions for manufactured housing communities and RV resorts in 2025.

in 2025, Berkadia’s production volume equaled $19 billion with Fannie Mae and Freddie Mac.

in 2025, Berkadia mortgage banking, investment sales and JV equity placement totaled $52 billion.

BERKADIA Manufactured Housing

With the growing need for affordable housing across the nation, Berkadia Manufactured Housing continues to see multiple lending sources, especially the governmentsponsored entities, grow increasingly bullish on the sector. We bring a combination of national experience and local expertise as we leverage long-standing lending relationships to find competitive financing solutions on behalf of our clients.”

ART TUVERSON Managing Director, Head of Manufactured Housing

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BERKADIA Manufactured Housing

CLOSING IS JUST THE END OF THE BEGINNING. To us, every deal is the start of a new relationship or the continuation of one built on performance and trust.

Our clients are family, and we’re relentlessly focused on your long-term success.

Learn More

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BERKADIA Manufactured Housing

FEATURED TRANSACTIONS

Michigan MHC Portfolio The Michigan MHC Portfolio consisted of four manufactured housing communities totaling 335 homesites in Norton Shores, Mount Pleasant, Whitmore Lake, and Comstock Park, Michigan. The portfolio offered strong occupancy, below-market rents, utility bill-back, and recent capital improvements, which created stable cash flow and opportunity for growth through rent optimization and operational enhancements.

Berkadia’s Manufactured Housing team led both the sale and the acquisition financing through an integrated platform that combined Investment Sales and Mortgage Banking, supported by more than 75 years of combined sector experience. This structure provided: • One coordinated team from marketing through closing, which reduced friction for buyer and seller • Streamlined sale and financing execution with aligned timelines and messaging • Consistent communication and a smooth process for all parties • Premium pricing for the seller and a scalable, growth-oriented portfolio for the buyer in a high-demand affordable housing segment The transaction closed in October 2025 and demonstrated how Berkadia’s specialized manufactured housing expertise and coordinated capital markets and sales strategies helped both parties realize the full value of the portfolio.

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BERKADIA Manufactured Housing

FEATURED TRANSACTIONS

Institutional California Portfolio

College Station MHC

MI & WY Portfolio

CONFIDENTIAL

$18,370,000

Mid-Atlantic Portfolio

The Pines

Longmeadow MHC

$10,500,000

$3,700,000

$16,377,500

Stafford MHC

Thousand Oaks & Suburban Heights

Midwest 5-Star MH Community

$5,900,000

$17,000,000

5 Properties across CA 715 Sites | SOLD

$61,100,000

2 Properties across PA & WV 364 Sites | SOLD

Stafford, TX 212 Sites | SOLD & FINANCED

CONFIDENTIAL 8

BERKADIA Manufactured Housing

College Station, TX 655 Sites | SOLD & FINANCED

Starkville, MS 263 Sites | SOLD & FINANCED

5 Properties across MI & WY 420 Sites | SOLD

Maylene, AL 248 Sites | SOLD & FINANCED

2 Properties in Wisconsin Rapids, WI Holland, MI 209 Sites | SOLD 202 Sites | SOLD

Royal Coach

Coastal Carolina MHC

Center Point MHC

CONFIDENTIAL

$27,500,000

CONFIDENTIAL

DFW MHC Portfolio

Florida Panhandle MHC

Pleasant Valley

CONFIDENTIAL

$8,750,000

$12,881,601

Marion Mobile Village

Legion Hut

Safety Harbor

$2,250,000

$3,250,000

$4,600,000

Houston, TX 194 Sites | SOLD

Dallas-Fort Worth, TX 459 Sites | SOLD

Carbondale, IL 130 Sites | SOLD

Hilton Head, SC 177 Sites | SOLD & FINANCED

Denton, TX 168 Sites | SOLD & FINANCED

Callaway, FL 163 Sites | SOLD

Pleasant Valley, IA 146 Sites | SOLD & FINANCED

Mabelvale, AR 63 Sites | SOLD & FINANCED

Safety Harbor, FL 51 Sites | SOLD

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BERKADIA Manufactured Housing

ARTICULATING THE WHY Customized Client Solutions:

We develop tailored solutions that address both your investment and financing needs, optimizing outcomes for your specific situation.

Accurate Value Consultancy:

The combination of Berkadia’s Investment Sales and Mortgage Banking teams ensures that our Broker Opinions of Value are accurate and based on real time market intelligence.

Marketing Phase - Buyer Education:

Our combined IS and MB teams provide dual source for buyer education both on the investment highlights of the offering and the available financing to maximize price and terms for our seller client.

What sets us apart?

VERTICALLY INTEGRATED TEAMS*

Marketing Phase - Buyer Selection:

*Investment Sales & Mortgage Banking

Deal Execution:

Our mortgage banking team is involved in the vetting process of buyers, observing the financial readiness for interested buyers to execute on a deal.

Buyers utilizing Berkadia as their source for financing affords our seller clients full transparency into the progress towards closing.

Risk Mitigation:

By understanding both the sales and financing aspects, we conduct thorough risk assessments to protect your interests throughout the transaction process.

Competitive Advantage:

Our ability to provide integrated services sets us apart from competitors, enhancing our appeal and ensuring you receive top-tier support.

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BERKADIA Manufactured Housing

BERKADIA MANUFACTURED HOUSING INVESTMENT SALES

Kevan Enger

Senior Managing Director

Ian Hilpl

Senior Director

407.481.9920

689.244.5558

kevan.enger@berkadia.com

ian.hilpl@berkadia.com

Brian Hummell Director

Hunter LaRocca Director

614.318.5482

407.227.9643

brian.hummell@berkadia.com

hunter.larocca@berkadia.com

MORTGAGE BANKING

Art Tuverson

Managing Director, Head of Manufactured Housing 949.283.5020

Aron Procuniar Associate Director 949.742.1961 aron.procuniar@berkadia.com

art.tuverson@berkadia.com

Jimmy Meadows

Senior Director, Conventional Offices 804.780.9203 jimmy.meadows@berkadia.com

Anthony Golebiewski

Senior Director, Conventional Offices 781.990.0100 anthony.golebiewski@berkadia.com

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BERKADIA Manufactured Housing

BERKADIA.COM / 800.446.2226 a Berkshire Hathaway and Jefferies Financial Group company © 2026 Berkadia Proprietary Holding LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. This advertisement is not intended to solicit commercial mortgage company business in Nevada. Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. In California, Berkadia Commercial Mortgage LLC makes or arranges loans pursuant to a California Financing license. Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116, and Berkadia Real Estate Advisors Inc. under CA Real Estate Broker Lic. #01931050. For state licensing details for the above entities, visit www.berkadia.com/licensing 0426IG.

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BERKADIA Manufactured Housing