LONG ISLAND, NY-Chicago-based Hometown America Corp. has acquired a 328-lot property located near the Long Island Sound and the Hamptons. The company has purchased Thurm's Estates, a 101-acre community in Calverton, from Pittsford, NY-based Morgan Management LLC for $22 million or about $66,000 per lot.
Thurm's Estates is one of the largest manufactured home communities in eastern Long Island. Monthly rent at Thurm's Estates is about $550. The new owner has renamed the community to Calverton Meadows.For the full story, go to Wall Street Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
