AZ Central reported:
A Washington, D.C.-based investor paid $230 million for four older Mesa mobile home parks on Monday, upping its stake in Arizona’s affordable housing market.The Carlyle Group bought more than 1,000 mobile and manufactured home lots in four parks built mostly in the 1960s and 1970s, according to public real estate records.
AZBigMedia added:
The portfolio sale consists of a total of 1,583 mobile home stalls on 187 acres, for an average of $145,293 per unit.
The Carlyle Group has a history of making affordable mobile homes unaffordable. The greed and leverage boys like to work under the radar so there will be no Trump like branding for the parks.
Mobile home parks will not be named for Carlyle founders Rubenstein, Conway and D'Aniello. There will be no communities in honor of Carlyle's co-Presidents, no Younkinsville (Glenn) or Leesburg (Kewsong).
The average monthly cost to live in a Valley mobile home is about $700, compared with the average rent for a two-bedroom apartment of about $1,300.
How will Carlyle's purchase of high demand low income housing unfold in the Mesa area?
Before the COVID-19 pandemic, investors were working to turn some of the parks closer in, particularly near light rail, into high-end housing developments. Longtime residents relying on the affordable rents lose their homes and often must move farther away from jobs, schools and public transportation.
How many residents in the three 55+ mobile home communities worked for a private equity affiliate? How many lost a defined benefit pension as a result of PEU ownership? How many will lose their mobile home as the Carlyle Group raises rents?
Lot rents on private-equity-owned properties have risen as high as 15% over two years
The Carlyle juggernaut is back on track, eating up corporations and real estate. Cheap Fed money and direct U.S. bailouts are high octane fuel for the PEU boys.
Update 6-9-22: 
