CityBiz: Augusta Communities Secures $118.1 Million in Financing to Acquire Nine California Manufactured Home Communities
Oct 19
1 min read
Augusta Communities, a women-led nonprofit housing organization based in Upland, California, has secured $118.1 million in tax-exempt financing and completed the purchase of nine manufactured home communities across seven California counties.
This expands Augusta Communities’ portfolio to 17 properties, adding to eight existing communities in San Bernardino, Tulare, Ventura and Riverside counties. The newly acquired properties are located in Los Angeles, San Bernardino, Kern, Amador, Tuolumne, Orange and San Diego counties.
