(To read more on the debt and equity markets, click here.)

DENVER-Dallas-based billionaire Gerald J. Ford increased hisholdings in Affordable Residential Communities, a locally basedreal estate investment trust that owns and operates manufacturedhousing communities. Ford also is a director of AffordableResidential Communities and its largest single shareholder.

Ford reports in a recent Securities and Exchange Commissionfiling obtained by GlobeSt.com that he now owns approximately 6.25million shares of the REIT, which represents approximately 15.2% ofthe outstanding shares of the company, according to a footnote inthe Schedule 13D filing with the SEC.

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