FG Communities Expands Affordable Housing Portfolio with New Acquisition

Author: Dylan Bailey Updated: 09-08-2025 11:35 AM

FG Communities Expands Reach in Affordable Housing Market

FG Communities, dedicated to improving affordable housing, has successfully completed its latest acquisition in Roxboro. This community features 86 homesites spread across approximately 12 acres, enhancing options for residents seeking affordable living solutions.

Strategic Location Advantages

Roxboro is conveniently situated about 30 miles north of Durham. The proximity to larger urban areas such as Chapel Hill and Raleigh, both reachable in just over an hour, provides residents with various opportunities for employment and education. The community also boasts numerous outdoor activities at nearby Mayo Lake and Hyco Lake, perfect for families and nature enthusiasts.

Growing Demand for Affordable Housing

The Research Triangle region has witnessed rapid growth in recent years. This expansion has contributed to a surging demand for affordable housing as more individuals and families look to relocate to the area. By acquiring the Roxboro manufactured housing community, FG Communities aims to meet this need and provide quality living at a lower price point.

Leadership's Vision for the Future

Michael Anise, CEO of FG Communities, emphasized the company’s optimistic outlook, stating, "We believe that the Research Triangle area of North Carolina will continue to see outpaced growth. This growth should provide long-term opportunities for the surrounding region, including Roxboro." This vision aligns with FG Communities' mission to support the community by making affordable housing accessible to all.

About FG Communities

FG Communities is co-founded by notable figures Joe Moglia, Kyle Cerminara, and Michael Anise. It operates as a self-administered, self-managed real estate holding company with a growing portfolio consisting of 54 properties. The company currently manages over 2,500 homesites that are either owned or pending acquisition, all aimed at improving the quality of life for its residents while maintaining affordability.

Contact Information for Inquiries

For those interested in learning more about FG Communities or its projects, you can reach out to Michael Anise, CEO. You can send an email to ir@fgcommunities.com. For further details, visit the official website at https://fgcommunities.com.

Frequently Asked Questions

What is the purpose of FG Communities' acquisition in Roxboro?

The acquisition aims to enhance affordable housing options in Roxboro, catering to the growing demand within the Research Triangle area.

How many homesites are included in the new acquisition?

The Roxboro community acquisition includes 86 homesites across approximately 12 acres.

What outdoor activities can residents enjoy in Roxboro?

Residents of Roxboro can enjoy various outdoor activities at nearby Mayo Lake and Hyco Lake, perfect for leisure and recreation.

Who are the founders of FG Communities?

FG Communities was co-founded by Joe Moglia, Kyle Cerminara, and Michael Anise, who have a shared vision of improving affordable housing.

How does FG Communities maintain affordability for its residents?

FG Communities focuses on acquiring and managing properties that allow them to provide affordable housing solutions while improving the quality of life for residents.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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