FG Communities Expands Its Footprint with New Acquisition
FG Communities Enhances Affordable Housing in New Acquisition
FG Communities recently made a significant move to expand its presence in the manufactured housing sector with the acquisition of a community in Ellenboro. This community boasts 50 homesites spread across approximately 20 acres and reflects FG Communities' dedication to preserving affordable housing options.
Investment in Western North Carolina
The new acquisition positions FG Communities strategically within the picturesque foothills of the Blue Ridge Mountains, an area known for its rich natural beauty. The location is conveniently situated just an hour's drive from major urban centers, allowing residents easy access to the amenities offered by both Charlotte and Asheville.
Community Highlights
Residents of Ellenboro will find themselves surrounded by an abundance of outdoor activities made possible by the nearby mountains. Whether it’s hiking, biking, or simply enjoying the scenic views, this location provides a perfect backdrop for an active lifestyle. In addition, the vibrant downtown area of Forest City is just minutes away, offering a selection of restaurants and shops to explore.
Meeting the Growing Demand for Affordable Housing
The growth trajectory in Western North Carolina has resulted in a burgeoning demand for affordable housing solutions. FG Communities is dedicated to addressing this need, and the Ellenboro acquisition serves as a testament to their commitment to improving the quality of life for residents. Michael Anise, CEO of FG Communities, believes the community will thrive amid the region's growth.
About FG Communities
FG Communities was co-founded by industry visionaries Joe Moglia, Kyle Cerminara, and Michael Anise. As a self-administered and self-managed real estate holding company, FG Communities has a robust portfolio that currently includes 57 properties outfitted with over 2,500 homesites. Their mission transcends beyond mere property management; they’re fueled by a passion for enhancing residents' living standards while ensuring affordable housing accessibility.
Contact Information for Inquiries
Interested parties can reach out to Michael Anise, CEO of FG Communities, for more information. He can be contacted at ir@fgcommunities.com. For further details about FG Communities and their offerings, visit their website at fgcommunities.com.
Frequently Asked Questions
What type of housing does FG Communities provide?
FG Communities specializes in affordable manufactured housing communities, offering residents quality living options.
Where is the newly acquired community located?
The new community is located in Ellenboro, North Carolina, near the Blue Ridge Mountains.
Who are the founders of FG Communities?
FG Communities was co-founded by Joe Moglia, Kyle Cerminara, and Michael Anise.
How many properties does FG Communities own?
The company has a growing portfolio that includes 57 properties with over 2,500 homesites.
What is FG Communities' mission?
Their mission is to improve and maintain affordable housing options while enhancing the quality of life for residents.
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