Newmark Group has arranged an $830 million financing for a 36-asset manufactured housing portfolio, a move that highlights robust lender confidence in the rental housing market. The deal, closed on April 20, 2026, was secured on behalf of RHP Properties and an institutional partner.
"This transaction underscores the institutional appeal of the manufactured housing sector and the significant demand for well-managed, affordable housing options," said Jordan Roeschlaub, Co-President of Global Debt & Structured Finance at Newmark.
The financing was provided by Wells Fargo and will be used for both the acquisition of new assets and the refinancing of existing ones within the portfolio. The portfolio consists of 36 properties across the U.S. Further details on the portfolio's specific locations, occupancy rates, and cap rate were not disclosed.
This substantial financing package suggests that major financial institutions view manufactured housing as a stable and profitable asset class, even in a shifting economic climate. For Newmark, it represents a significant advisory fee and solidifies its market position in large-scale real estate financing. The deal could spur further investment in the sector as investors seek resilient returns.
The manufactured housing sector has been attracting increased attention from institutional investors over the past several years. Seen as a more affordable alternative to traditional single-family and multifamily housing, demand for these properties has remained strong. This deal is one of the largest of its kind in recent years and may signal a new wave of consolidation and investment within the industry.
The team at Newmark responsible for securing the financing included Jordan Roeschlaub, Nick Scribani, Chris Lozinak, and Samuel Speciale, who have a track record of closing complex, large-scale debt and equity transactions.
This article is for informational purposes only and does not constitute investment advice.