© 2024 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.
An error occurred while fetching the data.
Error details: Error: The field at path '/readnext/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content': {"response":{"errors":[{"message":"The field at path '/readnext/contents[5]/uri' was declared as a non null type, but the code involved in retrieving data has wrongly returned a null value. The graphql specification requires that the parent field be set to null, or if that is non nullable that it bubble up null to its parent and so on. The non-nullable type is 'String' within parent type 'Content'","path":["readnext","contents",5,"uri"],"extensions":{"classification":"NullValueInNonNullableField"}}],"data":{"articleData":{"uri":"/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/","canonicalUrl":"https://www.globest.com/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/","generatedId":"gdh45geddk","naturalId":"blogAndPostId/blog/post/304-31007","type":"ARTICLE","postFormat":"news","kickerPresentedBy":null,"breadcrumb":[],"presentedBy":"","title":"Blackstone Reportedly in Talks to Buy Manufactured Home Portfolio","readtime":"2","timeToRead":"2 minute","prettyModified":"","prettyDateTime":"September 16, 2020 at 05:05 PM","needToKnow":[],"byline":"Erika Morphy","showDisclaimer":true,"authors":[{"name":"Erika Morphy","description":"Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.","imageLarge":"http://www.almcms.com/contrib/content/uploads/sites/304/2016/01/Erika-Morphy_avatar_1454221855.jpg","webUrl":"/author/profile/erika-morphy/"}],"publication":"Globe Street","kicker":"News","kickerNode":[{"name":"News","slug":"news-kicker","uri":"/news/","sectionName":"News"}],"prettyDate":"September 16, 2020","pubDate":"2020-09-16 17:05:35.000","modifiedDate":"","isDownload":"false","primaryCategory":{"channelName":"","sectionName":"","name":"","uri":"","slug":"","channelUri":""},"tags":[],"image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/304/2020/09/manufactured-homes-resized.jpg","width":"0","height":"0","alt":""},"embed1":"","embed2":"","summary":"Other institutional investors are also making a play for this asset class.","categories":[{"name":"National","uri":"/markets/national/","channelName":"GlobeSt Market"},{"name":"Multifamily","uri":"/sectors/multifamily/","channelName":"Globest Sectors"},{"name":"Midwest","uri":"/region/midwest/","channelName":"Region"},{"name":"Northeast","uri":"/region/northeast/","channelName":"Region"},{"name":"Southeast","uri":"/region/southeast/","channelName":"Region"},{"name":"","uri":"/region//","channelName":"Region"},{"name":"West","uri":"/region/west/","channelName":"Region"}],"bodyArray":["<p><span style=\"font-weight: 400\">Blackstone Group is in exclusive talks to acquire about 40 parks from Summit Communities for roughly $550 million through its REIT, Blackstone Real Estate Income Trust, <strong><a href=\"https://www.bloomberg.com/news/articles/2020-09-14/blackstone-said-to-boost-mobile-home-bet-with-550-million-deal?sref=p6BhGudo\">sources have told <em>Bloomberg</em></a>.</strong></span><strong> </strong></p>","<p><span style=\"font-weight: 400\">Once acquired, BREIT will invest in upgrades, including building shared facilities such as swimming pools, a source told <em>Bloomberg</em>.</span></p>","<p><span style=\"font-weight: 400\">Manufactured homes have become a valued asset class in the commercial real estate sector, one of the few categories that have not been bowed  by the pandemic. Indeed, </span><span style=\"font-weight: 400\">in a recent report JLL predicted that institutional investment activity in the manufactured housing sector will increase as the sector's recessionary resilient performance outshines the majority of commercial real estate sectors. </span></p>"],"slides":[],"video":null},"articlePackages":[],"youmightlike":[{"uri":"/2024/11/07/logistics-real-estate-faces-mini-cycle-of-subdued-demand/","title":"Logistics Real Estate Faces Mini-Cycle of Subdued Demand","byline":"Kristen Smithberg","prettyDate":"November 07, 2024","readtime":"3","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/10/Industrials-warehouse-Article-202410041653.jpg","width":"620","height":"372"},"summary":"Subdued demand has persisted despite healthy GDP and consumption."},{"uri":"/2024/11/07/multifamily-outlook-brightens-while-office-questions-linger/","title":"Multifamily Outlook Brightens While Office Questions Linger","byline":"Kristen Smithberg","prettyDate":"November 07, 2024","readtime":"3","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/02/Business-Outlook-Article-202402090801.jpg","width":"620","height":"372"},"summary":"A continued housing shortage is driving multifamily."},{"uri":"/2024/11/07/multifamily-boom-high-home-prices-drive-surge-of-renters-across-u-s/","title":"Multifamily Boom, High Home Prices Drive Surge of Renters Across U.S.","byline":"Mario Marroquin","prettyDate":"November 07, 2024","readtime":"2","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2023/04/Industrial-construction-Article-202304100758.jpg","width":"620","height":"372"},"summary":"More people are renting particularly in expensive cities like NYC and LA."},{"uri":"/2024/11/07/10-year-yield-jumps-on-election-news/","title":"10-Year Yield Jumps on Election News","byline":"Erik Sherman","prettyDate":"November 07, 2024","readtime":"3","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2023/08/Recession-Article-202308300806.jpg","width":"620","height":"372"},"summary":"Trump is seen as good on taxes, but fixed-income investors have concerns."},{"uri":"/2024/11/07/these-regions-will-see-the-highest-multifamily-rent-growth-in-2025/","title":"These Regions Will See the Highest Multifamily Rent Growth in 2025","byline":"Erik Sherman","prettyDate":"November 07, 2024","readtime":"2","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/04/Wichita-KS-Article-202404171503.jpg","width":"620","height":"372"},"summary":"Expect the Southwest and West to fare better but there is more to it."},{"uri":"/2024/11/07/developers-line-up-for-howard-terminal-redo-in-oakland/","title":"Developers Line Up for Howard Terminal Redo in Oakland","byline":"Jack Rogers","prettyDate":"November 07, 2024","readtime":"3","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2023/02/oakland-Article-202302070848.jpg","width":"620","height":"317"},"summary":"A's departure opens up coveted Port of Oakland economic development site."}],"readnext":{"contents":[{"uri":"/2024/10/01/exploring-cre-retail-trends-ahead-of-2025/","title":"Exploring CRE Retail Trends Ahead of 2025","byline":"Sponsored by Placer.ai","summary":"Join this webinar to dive into the strategies used by leading brands and sectors, highlighting the opportunities and challenges that will influence the upcoming year.","prettyDate":"October 01, 2024","kicker":"Webcast","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/276/2024/10/Placer-webcast-image.jpg","width":"616","height":"411"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/who-would-be-best-for-cre-as-president/","title":"Who Would Be Best for CRE as President?","byline":"Erik Sherman","summary":"CRE pros say policies aren't clear and the big question will be Congress.","prettyDate":"November 05, 2024","kicker":"Features","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/10/2024-Presidential-Election-MI.jpg","width":"767","height":"460"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/09/26/embracing-proptech-demystifying-building-technology-to-drive-better-noi/","title":"Embracing Proptech: Demystifying Building Technology to Drive Better NOI","byline":"Sponsored by Building Engines","summary":"Join this webcast, as dive into the merits of adopting proptech solutions and automation in diverse realms of property management","prettyDate":"September 26, 2024","kicker":"Webcast","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2024/09/Building-Engines-Webcast-Image.jpg","width":"616","height":"411"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/blackstones-jon-gray-recurring-bottom-calls/","title":"Blackstone's Jon Gray Recurring Bottom Calls","byline":"Erik Sherman","summary":"Caveat: his statements are easy to misunderstand.","prettyDate":"November 05, 2024","kicker":"Analysis","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2023/03/Blackstone-Article-202303020824.jpg","width":"620","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},{"uri":"/2024/11/05/four-senators-question-kkr-about-june-multifamily-acquisition/","title":"Four Senators Question KKR About June Multifamily Acquisition","byline":"Erik Sherman","summary":"The senators want to know if KKR will drive up rents.","prettyDate":"November 05, 2024","kicker":"Analysis","image":{"uri":"https://images.globest.com/contrib/content/uploads/sites/296/2019/10/08_washington-dc-capitol-water_MI.jpg","width":"616","height":"372"},"breadcrumb":[],"primaryCategory":{"name":"","uri":"","channelName":"","channelUri":""}},null]}},"extensions":{"DateTime":"2024-11-07T07:58:07.565481272","ResponseTime":"?","AuthorizedUser":false,"AlmContext":"AlmContext{clientIP='10.0.253.254', internalIP='true', origin='', authorizedUser='false', Chinchilla, userAccount='null', UCID=null, ipAccount='null'}","NavServiceResponse":{"message":"Show a wall","action":"show wall","data":"WelcomeWall","placResultsPublic":{"overallContentType":"FreeWithRegContent","userState":"DENYFREEWREGNOTLOGGEDIN","showWall":"WelcomeWall","userAccess":"0","referrer":"https://www.globest.com/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio","userAccessCookie":null,"productList":"","contentMetaData":"<?xml version='1.0' encoding='UTF-8'?><ARTICLE><TYPE>ARTICLE</TYPE><ID>/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/</ID><SOURCE>Globe Street</SOURCE><PUBLICATION-DATE>2020-09-16 17:05:35</PUBLICATION-DATE><PUBLICATION-NAMES><PUBLICATION-NAME>Globe Street</PUBLICATION-NAME></PUBLICATION-NAMES><PRACTICE-AREAS /><CHANNELSECTIONS><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>National</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Multifamily</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>News</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Midwest</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Northeast</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Southeast</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Southwest</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>West</SECTION></CHANNELSECTION></CHANNELSECTIONS><REFERRER>https://www.globest.com/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio</REFERRER></ARTICLE>","numberOfViewsLeft":0,"numberOfFCFViewsLeft":0,"decisionEngine":"RidgeRunner","rulesFiredString":"[]","contentProductCodes":"[\"regonlypubcontent\"]"}},"DebuggingData":null,"UsedCache":"true","DataUrl":"http://ml.alm.com:9016/bff-services/content/get-you-may-like-for-content.xqy?naturalId=/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/&site=www.globest.com&total="},"status":200,"headers":{}},"request":{"query":"\n####\n####\n# QUERY\n# ROUTE:/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/\n####\n\n\nquery Globest__view_article_no_sitedir{articleData:\n getContent(naturalId: \"/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/\", site:\"globest.com\") {\n uri\n canonicalUrl\n generatedId\n naturalId\n type\n postFormat\n kickerPresentedBy {\n \t\t label\n \t\t value\n \t\t}\n breadcrumb{\n name\n \t\turi\n }\n presentedBy\n title\n readtime\n timeToRead\n prettyModified\n prettyDateTime\n needToKnow\n byline\n showDisclaimer\n authors {\n name\n description\n imageLarge\n webUrl\n }\n publication\n kicker\n kickerNode {\n name\n slug\n uri\n sectionName\n }\n prettyDate\n prettyDateTime\n pubDate\n modifiedDate\n isDownload\n primaryCategory {\n channelName\n sectionName\n name\n uri\n slug\n channelUri\n }\n tags\n image {\n uri\n width\n height\n alt\n }\n embed1\n embed2\n summary\n categories {\n name\n uri\n channelName\n }\n bodyArray\n slides {\n title\n image\n caption\n height\n width\n }\n video\n\n }\n articlePackages:\n getPackagesForArticle(docId: \"/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/\", limit: 3, publication:\"globest.com\") {\n title \n slug\n type \n summary\n cssFile\n navigations {\n name\n link\n }\n articles {\n title\n kicker\n uri\n image {\n uri\n }\n }\n\n \n }\n youmightlike:\n getYouMayLikeForContent(naturalId: \"/2020/09/16/blackstone-reportedly-in-talks-to-buy-manufactured-home-portfolio/\", site:\"globest.com\") {\n uri\n title\n byline\n prettyDate\n readtime\n image {\n uri\n width\n height\n }\n summary\n }\n readnext:\n getStatsList(site:\"globest.com\", topic: \"\", limit: 5, timeframe: \"3days\" ) {\n contents {\n uri\n title\n byline\n summary\n prettyDate\n kicker\n image {\n uri\n width\n height\n }\n breadcrumb{\n name\n \t\turi\n }\n primaryCategory {\n name\n uri\n channelName\n channelUri\n }\n breadcrumb {\n name\n uri\n }\n }\n\n }\n }"}}
© 2024 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.
On-Demand Webinar
Sponsored by LeaseAccelerator
Explore the transformative power of centralizingCRE lease data and accounting functions. Access this on-demand webinar to discover cost-saving strategies, real-world case studies, and how to achieve compliance effortlessly.
On-Demand Webinar
Sponsored by LeaseAccelerator
Real Estate Administration - 10 Ways To Save
Discover how to optimize your real estate portfolio through ten actionable strategies that can help you achieve significant cost savings.
On-Demand Webinar
Sponsored by LeaseAccelerator
Real Estate Lease Admin Best Practices
Join this on-demand webinar to explore best practices in real estate lease administration. Learn how to streamline your operations and achieve cost savings while ensuring compliance with lease accounting standards.