Articles + Press
Three Pillar Communities Sells North California MHC
Three Pillar Communities has sold Foothills Solar Mobile Home Park, a manufactured housing community in Butte Valley, Calif., for $11.5 million
Can “mission driven” mobile home park investors raise rents to market and evict problem residents?
We have a two-part mission: to deliver high-value housing that our Residents are proud to call home, and to deliver compelling risk-adjusted returns to our Investors.
Development in Gallatin County looks to add 260 homes with price that hasn’t been seen in years
Gallatin County Commissioners approved a large development between Bozeman and Belgrade. The homes could cost, and the number is one we haven’t heard of in years.
Why Texas Makes Sense for Manufactured Housing Investment
If Texas were a country, it would be the world’s ninth biggest economy. There is optimism about the future. New infrastructure is being built. Economic growth is legal, visible and encouraged. This is a cliché—and it is the reason so many companies and people are moving to Texas—but it is true.
Mobile Home Park Case Study: How to Generate a 24% IRR While Revitalizing an Affordable Community
We bought Frontier Urban Village, a 44 unit 55+ manufactured housing community, for $2,725,000 in 2018. It just appraised at $5,360,000–i.e. double what we paid for it.
How we transformed Foothills Solar Mobile Home Park and sold it for $11,450,000
On Friday we sold our Foothills Solar Mobile Home Park for $11,450,000--after building a solar power plant, overhauling a sewer treatment plant, and surviving the deadliest wildfire in California history. We more than doubled our money in four years, while...
Why Carport Solar is a Win-Win for Manufactured Home and RV Parks
A real-estate investment company believes clean energy is a no-brainer for their housing communities As a landlord of a master metered property, going solar was a win-win. Excellent economic and tax benefits while moving our property to clean energy and providing...
Changing the rules of the game to close California’s housing gap
To help solve California's housing shortage, real incentives and accountability should be added to the building and planning processes, write Jonathan Woetzel, Shannon Peloquin and Daniel Weisfield in The Los Angeles Times Housing is a chronic pain point for...
Three Pillar Communities: 2021 Year In Review
December 24, 2021 by Daniel Weisfield Dear Friends, I just wrote this letter to our investors, and then I decided to share it more broadly. Where our business stands now, in December 2021, is unfathomable relative to where we were in 2020. In March 2020, large...
Founder Q&A with Daniel Weisfield, Co-Founder of Three Pillar Communities
May 19, 2020 by Daniel Kriozere Last week I had the pleasure to talk to Daniel Weisfield, one of the Co-Founders at Three Pillar Communities, a values-driven real estate investment company that delivers green, affordable, factory-built homes at scale. Three Pillar...