MHC Capital Fully Subscribes Manufactured Housing DST Offering
MHC Capital LLC, a real estate investment firm focused on U.S. manufactured housing communities, has fully subscribed its first Delaware statutory trust offering, MHC Affordable Housing DST.
MHC Capital LLC, a real estate investment firm focused on U.S. manufactured housing communities, has fully subscribed its first Delaware statutory trust offering, MHC Affordable Housing DST.
“We are excited about getting our first offering fully closed out,” said Kwame Granderson, managing partner of MHC Capital. “We intend to be long-term players in the DST space with offerings built on strong fundamentals and operational competencies.”
MHC Affordable Housing DST, which was distributed by S2K Financial LLC, was launched in February 2022 and raised approximately $33 million from accredited investors.
The trust owns a portfolio of nine manufactured housing communities with more than 1,700 sites across the Midwest.