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Horizon Land To Double Its Mobile Home Portfolio With $687 Million Deal

CMBS Lenders Show Support for Sector’s Investors
Crescent Place Mobile Home Park in San Antonio, Texas, is among the properties set to be acquired by Horizon Land Co. (CoStar)
Crescent Place Mobile Home Park in San Antonio, Texas, is among the properties set to be acquired by Horizon Land Co. (CoStar)

Horizon Land Co., a Crofton, Maryland-based owner of about 75 mobile home sites in 10 states, is about to more than double in size as it prepares to complete a $687 million acquisition, according to an analysis of a new commercial mortgage-backed securities offering in the works.

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