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LARGO, FL-Atlanta-based Union Capital Investments LLC hasprovided $43.25 million in financing for the acquisition of threemobile home parks located north of the Tampa-St. Petersburg area.Two of the properties, located in Largo, were converted intoresident-owned communities and the third, in Hudson, was acquiredby the nonprofit corporation formed to acquire the Largoproperties.

Located in Largo, the Four Seasons and Pointe West parks wereacquired by current tenants through the formation of a nonprofitcorporation to ensure they will remain residential communities andare not converted to alternative uses in the future. LucindaWarren, of Crystal Beach, acted as the facilitator for theconversions and Chicago-based Tremont Realty Capital arranged thefinancing for the Hudson property.

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