2002 Transactions

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Tremont Arranges $2,750,000 in Mezzanine Financing for a Manufactured Housing Community Portfolio

Tremont Realty Capital arranged mezzanine financing for three manufactured housing communities located in Michigan. The Chicago office of Tremont Realty Capital arranged the mezzanine financing on three manufactured housing communities located in Albion, Muskegon and Almont, Michigan. The three communities totaled slightly more than 400 homes sites and had a combined occupancy in the low 90% range. Tremont Realty Capital arranged the $2,750,000 non-recourse, interest only loan, funded through one of Tremont's affiliates.

For additional information on this transaction, please contact:

Thomas Lorenzini
Managing Director
Email: tlorenzini@tremontcapital.com
Phone: 312.236.0960