FG Communities Achieves Growth Success in Housing Sector
FG Communities Celebrates Significant Growth Milestone
FG Communities is a company dedicated to enhancing the state of affordable housing through the acquisition and management of manufactured housing communities. Recently, it proudly announced its position as the 75th largest manufactured housing community owner in the United States, as reported by the Mobile Home Park Home Owners Allegiance.
Journey of Growth Since 2022
Starting its journey in 2022 with just a few mobile home communities, FG Communities has worked diligently to expand its footprint. The company's effort has resulted in a remarkable growth trajectory, acquiring over 2,500 homesites, with many more communities poised for acquisition. Locations benefitting from recent acquisitions include growing areas such as Greenville and Myrtle Beach.
Future Growth Prospects
Despite their impressive ranking, FG Communities aims higher. Michael Anise, the company’s CEO, expressed enthusiasm about the rapid growth they have experienced and emphasized their goal to significantly improve their ranking by 2026. The pipeline for future acquisitions is strong, with expectations for several announcements in the months ahead.
Understanding FG Communities
Co-founded by industry veterans Joe Moglia, Kyle Cerminara, and Michael Anise, FG Communities operates as a self-administered and self-managed real estate holding company. With a robust portfolio encompassing 60 properties, the company focuses on ensuring the quality of life for residents while maintaining affordable housing options.
Commitment to Quality and Community
FG Communities thrives on improving living conditions in the communities it serves. The team prioritizes resident welfare and emphasizes maintaining affordable housing as a vital part of their mission. Their growth not only reflects business success but also a commitment to the communities they operate within.
Frequently Asked Questions
What is FG Communities' primary mission?
FG Communities aims to preserve and improve affordable housing through the acquisition and management of manufactured housing communities.
How many homesites does FG Communities currently manage?
The company manages over 2,500 homesites, with plans for future acquisitions.
Who are the founders of FG Communities?
FG Communities was co-founded by Joe Moglia, Kyle Cerminara, and Michael Anise.
What growth achievements has FG Communities announced?
FG Communities is recognized as the 75th largest manufactured housing community owner in the United States and has plans to enhance its rank further.
How does FG Communities support its residents?
The company focuses on improving the quality of life for its residents while maintaining affordable housing options in their communities.
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