FG Communities Strengthens Presence with Recent Acquisition
FG Communities Expands Its Portfolio
FG Communities, dedicated to enhancing affordable housing through the acquisition and management of manufactured housing communities, has made significant strides with its latest acquisition near a key economic corridor. This new community comprises 96 homesites situated on around 62 acres, promising a vital addition to the company's growing footprint.
Strategic Location Enhancing Opportunities
This newly acquired community is perfectly positioned along the thriving Interstate 85 corridor, which has become a hotspot for economic development. With Charlotte and Greenville experiencing rapid growth, the demand for affordable housing in the region is soaring. The strategic positioning of this community will enable FG Communities to cater to the rising need for attainable housing solutions.
Community Growth Drives Demand
As the population continues to expand along this corridor, so does the necessity for affordable housing solutions. The Blacksburg manufactured housing community is poised to meet this demand effectively. The growth of local industries in the area has been substantial, fostering new job opportunities and attracting residents seeking quality housing options.
Leadership's Vision
Michael Anise, CEO of FG Communities, discusses the long-term expectations for the region. He emphasizes, "The Interstate 85 corridor is on an upward trajectory. Our new community in Blacksburg is well-positioned to benefit from this growth and serve our residents with affordable housing options." This strategy reflects the company’s commitment to improving the quality of life for its residents.
About FG Communities
Established with the vision of creating sustainable and affordable living, FG Communities was co-founded by industry leaders Joe Moglia, Kyle Cerminara, and Michael Anise. The company has successfully built a diverse portfolio of over 55 properties comprising more than 2,500 homesites either owned or in the acquisition phase. Their mission centers around enhancing the residential experience while maintaining an emphasis on affordability and community well-being.
Contact Information
For any inquiries, please reach out to Michael Anise, CEO, via email at ir@fgcommunities.com or visit their official website at https://fgcommunities.com.
Frequently Asked Questions
What is the mission of FG Communities?
FG Communities aims to preserve and improve affordable housing by acquiring and operating manufactured housing communities.
Where is the new community located?
The community is located along the Interstate 85 corridor, strategically positioned to meet the growing need for affordable housing.
How many homesites are in the new acquisition?
The Blacksburg community comprises 96 homesites situated on approximately 62 acres.
What are the future prospects for FG Communities?
The company expects to benefit from the ongoing growth and development in the I-85 corridor region.
Who are the founders of FG Communities?
FG Communities was co-founded by Joe Moglia, Kyle Cerminara, and Michael Anise, who are committed to improving the quality of life through affordable housing.
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