By Scott Belsky, Managing Director, National Practice Lead of Manufactured Housing Communities
Manufactured housing communities continue to demonstrate resilient fundamentals as the sector moves through early 2026. Occupancy remains elevated across most markets, supported by persistent affordability pressures, limited new supply, and durable demographic demand. While rent growth has moderated from recent highs, increases remain positive and continue to support stable cash flow performance.
Investor interest has remained active across both core and value‑add strategies, with transaction activity carrying through late 2025 and into early 2026. Private buyers continue to drive deal volume, while institutional capital remains engaged in larger, scaled opportunities. At the same time, evolving state‑level regulatory dynamics are shaping localized underwriting and valuation considerations, reinforcing the importance of market‑specific diligence.