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Mobile Home Parks, Now a Safe Bet, Command $230 Million in Arizona

Carlyle Group Adds Four Properties to Holdings During Pandemic
The 1,588-unit portfolio of mobile home parks The Carlyle Group acquired includes Mesa Shadows, in Mesa, Arizona. (CoStar)
The 1,588-unit portfolio of mobile home parks The Carlyle Group acquired includes Mesa Shadows, in Mesa, Arizona. (CoStar)
By John Doherty
CoStar News
June 4, 2020 | 6:51 P.M.

Investment giant The Carlyle Group scooped up a portfolio of Arizona mobile home parks in one of the biggest deals for that type of affordable housing in recent years.

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