Jan 14 • General discussion
Q3 2025 Manufactured Housing Report
REITs are posting strong numbers. Rents are up. Occupancy is tight. Investor appetite is steady, but disciplined.
📍 What’s happening:
– ELS pushing 5.1% rent hikes for 2026
– Sun Communities hitting 98% occupancy and $457M in new acquisitions
– UMH expanding aggressively with 321 new sites and double-digit NOI growth
– Financing is available, but only for the best: 5.25–5.75% rates, ~65% LTV
Even with home sales cooling, the big players are leaning into infill, operational gains, and long-term demand. The playbook is clear: buy scale, push rents, control costs.
🧠 If you’re not watching how the REITs are moving, you’re missing the
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Q3 2025 Manufactured Housing Report
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