Crystal View Capital Sells Louisville Mobile Home Community For $15M
Crystal View Capital has sold the Southland Mobile Home Community, a 311-site manufactured housing community in Louisville, Ky., for $15 million. The seller previously acquired the property in 2019 for $7.1 million. The transaction was part of the company’s second private equity real estate fund, Fund II, launched in 2017, and included eight other manufactured housing communities and 14 self-storage facilities.
Public records show an entity connected to The BoaVida Group acquired Southland Mobile Home Community. Additionally, the new owner assumed a $4.3 million Fannie Mae loan that Berkadia originated for the seller in 2020.