Large investors have been buying up mobile home communities at a rapid pace over the past few years, including here in Massachusetts. WBUR reporter Simon Rios dives into his reporting on two local mobile home communities that were faced with corporate buyouts, and the two very different outcomes they saw.

If you have a favorite cashier at the store, or a favorite nurse’s aide at the nursing home who takes care of your mother, or you belong to a veterans association, you might know someone who lives in a mobile home park in Iowa. If you do, they, like me, are either already in trouble, or headed that way. Here’s why.

Mobile home parks are the largest source of unsubsidized affordable housing in the U.S. The residents own their homes, but not the land their homes are on. So, they must pay lot rent every month to the park owners. Therein lies the problem.

Several years ago, out-of-state investment firms started buying up MHPs in Iowa and...

ROCHESTER — A potential agreement with four residents at Bob’s Trailer Park is in the works more than a month after they lost running water in their trailers.

“Two weeks should be sufficient time to iron out a few details,” Rochester attorney Travis Ohly told Olmsted County District Court referee Erin Felten during an online hearing Tuesday.

Ohly, who represents the property owner, Pennsylvania-based TSJ Parks LLC, said work has started in an agreement, but final terms couldn’t be reached Tuesday.

Court staff said negotiations were the cause of an approximately one-hour delay for Tuesday’s hearing, which was attended by TSJ Parks member...

The hunt for yield has pushed private equity firms and professional investors into new segments of the real estate market.

In recent years, sophisticated investors have snapped up multi-family units and single-family homes. Now, corporate landlords are targeting the most cost-effective segment of the real estate market: mobile home parks.

• Mitt Romney says a billionaire tax will trigger demand for these two physical assets — get in now before the super-rich swarm

• You could be the landlord of Walmart, Whole Foods and Kroger (and collect fat grocery store-anchored income on a quarterly basis)

• What do Ashton Kutcher and a...

MOORHEAD — For many Bennett Park Cooperative residents, news of $2.6 million to better the manufactured home park’s infrastructure came as a surprise.

But most knew how they wanted the money to be spent.

“The roads. I hope it will help the roads around here,” said Edwin Eumans, a resident of the park for 10 years.

Other residents said the streets inside the park are filled with potholes, which cause damage to vehicles.

Eumans said the roads have drainage problems; rain pools during summer. In the winter, when snow and ice cover the roads, the potholes aren’t visible.

Some of the manufactured homes aren't suitable for extreme cold. Back...

Rents and home prices rose dramatically in Florida over the past few years.

In an annual trends report published earlier this year, the Florida Housing Coalition documented the progress and challenges to achieving housing affordability in the state.

The incoming CEO of the housing coalition, Ashon Nesbitt, said there’s positive and negative indicators to note.

Although fewer people are experiencing homelessness in Florida compared to a decade ago, residents are being exponentially squeezed by housing costs.

“Homelessness is decreasing throughout the state, but because of the cost-burden issue at the same...

Carbondale-based social justice nonprofit group this week went under contract to buy a 20-unit mobile-home park outside of Glenwood Springs for $2.4 million in an attempt to buck the trend of displacement and affordable-housing destruction at the hands of private-equity groups buying Colorado parks.

The Roaring Fork Community Development Corp. — the affordable housing arm of the nonprofit Manaus — intends to transfer ownership in coming years to 3-Mile Mobile Home Park’s residents, who own their trailers but pay rent for the land on which they sit.

The sellers are the children of the late Ben Krueger, a longtime Vail Valley resident who...

On Tuesday, the National City Council moved forward with a new ordinance that will provide a temporary rent cap for all mobile home parks within city limits. The ordinance goes into effect on Jan. 1, 2023, and is good through the end of 2024. 

The decision to intervene in mobile home parks, which typically fall under state jurisdiction, comes after the Keystone Trailer Park increased its rent by 20 percent on July 1. Elected officials said the ordinance was a good first step but acknowledged that more work needed to be done to keep the cost of housing low. 

“It is long overdue,” said City Councilman Jose Rodriguez. “We need to make sure...

You finally graduated from college at 28, moved out of your parent's basement at 30, married your best friend at 32, and now she is pregnant. You’re 33, and now you want to buy a house and quit paying rent. But you’re squeezed between sky-high housing costs and rising interest rates.

Millennial couples are the largest single block of prospective homebuyers.  But during the pandemic, home prices in Georgia skyrocketed, and in 2022 borrowing costs more than doubled.

FOX 5 real estate expert John Adams says today’s millennial home buyers can get out of paying rent every month by buying a "manufactured house" from one of several manufacturers...

BARNSTABLE — A Superior Court judge found on Wednesday that Crown Communities LLC is the rightful buyer of a Pocasset mobile home park.

The 15-page decision comes after a years-long legal battle between the Wyoming investment firm and the Pocasset Park Association, with both sides seeking ownership of the Bourne park, which is home to about 170 people at its prime location off Barlow's Landing Road.

"The Association lacked sufficient support (and authority) to exercise lawfully its right of first refusal and to purchase the park," wrote Judge Michael Callan, who decided the jury-waived trial.

In a statement to the Times, Walter B....

ORMOND BEACH, Florida — The problems at Peggy Childress’ mobile home started in May when a tree from the vacant lot next door crashed through their carport, the first damage she or her husband, Mike, could recall in 15 years of living there.

Having the tree removed cost $600, all the money they had in savings. “It wiped us out,” said Childress, 61.

Then Hurricane Ian tore off their roof.

“It was like it was raining inside,” Childress said. Rooms filled with water, then mold.

Childress said she’s gotten estimates of more than $22,000 for repairs, “more than this place is worth.”

As is the case with many owners of manufactured and mobile...

JUANA SUMMERS, HOST:

Private investors have been buying up mobile home parks across the country, threatening to raise fees or close the parks altogether. From member station WBUR in Boston, reporter Simon Rios takes us to a community near Cape Cod where residents decided to fight back.

BOB COSTA: How's everything going?

UNIDENTIFIED PERSON #1: Good.

COSTA: Good - good to see you. How's it been?

SIMON RIOS, BYLINE: Bob Costa is like an unofficial mayor of Royal Crest Mobile Home Park in Wareham. On a recent afternoon, he walked through the park, saluting everyone he saw with a big smile.

UNIDENTIFIED PERSON #1: It's all right.

COSTA: You...

STARK COUNTY, Ohio — Neighbors in several Northeast Ohio retirement communities are grappling with drastic rent hikes after a company took over properties in Navarre and Elyria. The seniors, many of whom are living on fixed incomes, worry how they’ll afford to stay in their homes.

News 5 stories highlighting the concerns are now being cited by Congress in a demand for answers.

Monday, U.S. Senator Sherrod Brown issued a letter to Legacy Communities, LLC about the steep rent hikes at Navarre Village and Twin Lakes. He also sent one to the Federal Home Loan Mortgage Corporation, better known as Freddie Mac, requesting a review of its...