Sunday, October 20, 2013

Is This an Indication of the Type of Trends D.C. Insiders See for America?

The Washington D.C. private equity firm, Carlyle Group, which has had associations which such insiders as George H.W. Bush, Tony Blair and Donald Rumsfeld, among a long list of others, is buying into the trailers park business.

Is this where they think America's growth will be, in trailer parks?

WSJ reports:
[Carlyle]  has struck a deal to acquire two Florida communities for a total of $30.8 million. The sellers are two entities managed by Shamrock Holdings LLC, a Paradise Valley, Ariz., owner and operator of communities, said owner Patrick O'Malley. The deal is expected to close this month.[...]analysts said the deal is evidence that big investors are betting that the demand for low-cost manufactured housing, the latest generation of trailers or mobile homes, will rise as other housing alternatives become too expensive for a number of Americans, especially senior citizens.
at 10:00:00 AM

5 comments:

  1. JonathanGullibleOctober 20, 2013 at 11:04 AM

    It could be a trend. I do know Yes! Communities has been swallowing up mobile home parks lately - 6 of the largest in the Charleston/Dorchester/Berkeley County areas of SC. Most of the parks they have bought were ARC (American Residential Communities) properties.

    ReplyDelete
  2. PEU Report/State of the DivisionOctober 20, 2013 at 12:41 PM

    Carlyle announced it would exit apartment investments, before targeting trailer parks:

    http://peureport.blogspot.com/2013/10/carlyle-exits-apartments-buys-trailer.html

    Will you live in Blackstone or Carlyle country?

    http://peureport.blogspot.com/2013/08/peu-rental-country.html

    ReplyDelete
  3. RDF2October 20, 2013 at 9:40 PM

    Good GOD I hope not.

    I fear, though, that TPTB are counting on this.

    I hope that things get better. I hope the trillions the Federal Reserve has printed dont destroy the system.

    I hope that Jerry Wolfgang is right, and that the addition of dollars doesn't destroy the value, and that the entire systemic edifice of Austrian Economics is wrong, and that QEnifinity isn't just an attempt for TPTB to escape.

    Jerry Wolfgang, Jerry Wolfgang, PLEASE COME SAVE ME!!!

    ReplyDelete
  4. AnonymousOctober 20, 2013 at 10:11 PM

    I BELIEVE THESE COMPANIES WILL BUY THESE PARKS FOR A 3 TO 7 YEAR INVESTMENT THEN DUMP THEM INDIVIDUALLY FOR THE ORIGINAL INVESTMENT MAKING A NICE PROFIT BEFORE THE CRAP HAS TO BE REJUVINATED

    ReplyDelete
  5. averrosOctober 21, 2013 at 2:19 AM

    These people will make sure that trailer parks IS the future of many Americans.

    ReplyDelete

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