Since its inception in 1997, the acquisition and development strategy at Continental Communities remains the same – pursuing both single-asset and multi-asset acquisition opportunities. Committed to providing an affordable, unparalleled quality of life, Continental Communities acquires quality manufactured housing community and park model / recreational vehicle resorts (both “family-oriented” and “age-restricted”) that are located in areas where economic and demographic trends are deemed favorable over the long-term. Under select circumstances, The Company will also pursue development-oriented transactions.
In general, Continental Communities focuses on single- and multi-asset investment and development opportunities that exhibit the following general characteristics:
Within the above strategy, the Company incorporates a “beachhead” approach to regional growth; that is, acquisition / development efforts are focused on local market areas where the opportunity exists to assemble regional portfolios of at least 500 – 1,000 home sites over a relatively short time frame.