Manufactured Housing Properties Inc. (OTC: MHPC), an operator of manufactured housing communities and sponsor of non-traded investment offerings, has reported several changes to its senior leadership team.
Jay Wardlaw was appointed as president of the company and was elected to the board of directors. Previously, he spent five years as a managing director at Regions Banks Real Estate Capital Markets group where he marketed commercial mortgage-backed securities, Fannie Mae, Housing and Urban Development, affordable housing, credit tenant lease, and loan placement products to Regions Bank clients.
Before that, Wardlaw spent 14 years working within Bank of America’s structured real estate finance group. In addition to banking experience, he has six years of experience as a financial consultant with KPMG and PricewaterhouseCoopers and holds FINRA Series 63, 7, and 79 securities licenses.
Michael Anise, who joined Manufactured Housing Properties in September 2017, was named chief operating officer and will focus on operations as the company continues to grow its portfolio through acquisitions. He has resigned from his former positions as chief financial officer and president, but will continue to serve on the board.
Chelsea Gee, who has served as vice president of finance since January 2021, was appointed to the position of CFO, effective immediately.
“I’m proud of the leadership talent that we are developing at [Manufactured Housing Properties],” said Raymond Gee, chairman and chief executive officer. “Over the last five years, we have developed the depth and diversity in our executive team to continue our growth and achieve strong profitability.”
Manufactured Housing Properties focuses on acquiring and operating value-add manufactured home communities in high-growth markets.