Crystal View Capital Closes on Phase 2 of $64 Million Midwest Acquisition Pipeline Portfolio

We are pleased to announce the successful closing of Phase 2 in our $64 million Midwest acquisition pipeline.

This premier manufactured housing community, featuring 302 sites and an 89% average occupancy rate, was sourced off-market from long-term mom-and-pop owners who operated the property for many years. The acquisition represents another opportunity to implement our proven value-add strategies, enhancing both the community and its financial performance.

As we transition into ownership, our plans are clear and focused:

• Align rental rates, which are well below market, with market levels by Year 2.

• Increase occupancy to achieve 96% by Year 6.

• Leverage synergies with our existing Midwest portfolio to optimize operations, drive tenant satisfaction, and enhance market presence.

Our financial model projects delivering a 20% internal rate of return (IRR), a 2.4x multiple on invested capital (MOIC), and a 9% cash-on-cash return.

At Crystal View Capital, we recognize that value is more than financial. It’s about fostering communities, providing affordable housing, and building a sustainable future for residents and investors alike.

This acquisition reflects our continued commitment to addressing the growing need for affordable housing while delivering returns to our investors. As we integrate this property into our portfolio, we are excited to share the progress and positive transformations to come.