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Capstone Manufactured Housing has brokered the $8 million sale of a 204-site manufactured housing portfolio located within the St. Louis MSA. A private investor sold the 107-site Eagle Creek in High Ridge, Mo., and the 97-site Cedar Hill Estates in Cedar Hill, Mo.

Public records show that BoaVida Communities received a $5 million loan from Benefit Street Partners Realty Trust to finance the acquisition. The debt is set to mature in 2023. The buyer has long-term ownership plans for the properties and intends to convert the remaining community-owned homes over to the residents.

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