Stone Capital’s acquisition of Patriot Place MHP marks its largest deal to date—a 200-lot community in Hubert, North Carolina, valued at $5.175 million. With approved expansion plans and strategic synergies with its sister property, this investment sets the stage for one of the largest mobile home communities in the country.
In this episode of The MHP Exchange, we sit down with Stone Capital’s CFO, Peter Falcone, to unpack how this game-changing acquisition came together. We discuss the year-long negotiations, the creative seller-financing structure, and how the team’s on-site presence will streamline operations.
Tune in for a behind-the-scenes look at how Stone Capital secured its biggest deal yet—and what’s next for Patriot Place MHP.
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