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Capital Square 1031 Spends $22M on Central Florida MHC

February 10, 2022

February 10, 2022

Less than two months after acquiring Twin Palms in Lakeland, Fla., Capital Square 1031 has bought another over 55 manufactured housing community—Palm Lake Club in Sebastian, Fla. According to public records, the property traded for $22 million, with Walker & Dunlop originating a $7.4 million, 10-year Fannie Mae loan for the new owner.

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