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SAN DIEGO—Investors are recognizing manufactured-housing communities as having the most stable cash flow of any multi-housing class, often with more-favorable returns than traditional multifamily, HFF‘s director Zach Koucos tells GlobeSt.com. As we reported recently, since April, Koucos and managing director Tim Wright have arranged $65.7 million in combined financing for 11 manufactured-home communities totaling 1,605 home sites located in California and Oregon. We spoke exclusively with Koucos about this asset class and what its current appeal is for investors.

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