MHC
With over 30 years in operating, Onyx Capital has tribal knowledge of selling MHCs to investors.
Manufactured Home Community Investments can be overbearing so let our expertise and knowledge guide you in making the right decision. Onyx Capital owns and operates manufactured home communities across the United States with the mission to build safe, multigenerational and thriving communities with long term return on investment. With the strength of a national platform and national bank, Onyx Capital is known for excellent loan execution and service. We communicate directly with our network of active MHC professionals and we are always at the forefront of the business.
When you choose to invest in mobile home parks with Onyx Capital, you are not using multiple platforms for separate functions of MHC Investing, you are saving time by using just one. Build your wealth with us every step of the way and avoid unnecessary fees and commissions
Onyx Capital is a recognized leader in the financing of manufactured housing communities throughout LA, New York, and Seattle. Onyx Capital services more than $1 billion in loans secured by mhc’s. Onyx has strong relationships with life insurance companies, banks, and other institutional lenders. Onyx Capital's manufactured housing community loan portfolio includes senior and "all-age" manufactured housing communities that range from less than 100 to more than 900 home sites each. We have the ability to finance communities of varying quality across the country.
In addition to originating more than $10 billion dollars in manufactured housing loans since 1983, the principals at Onyx Capital are experienced owners of several manufactured housing communities. We understand the manufactured housing community business from both a landlord and lender viewpoint. In addition to loan origination, Onyx Capital has assisted manufactured housing clients with loan purchases, loan servicing, disposition and acquisition services, and equity recapitalization.
Onyx Capital Corporation Lending Program for Manufactured Housing Communities
Loan Amount:
$5,000,000 to $100,000,000
Loan Term:
5, 7 and 10 Years
Loan to Value:
75% Maximum
DCR:
1.25 or Greater
Amortization:
30 Years
Closing:
Typical 60 days or less from application
Security:
Non-Recourse expect for fraut, environmental, etc.
Property Type:
3-5 star manufactured housing communities throuhgout the United States
Loan Amounts:
Loan Term:
Loan to Value:
DCR:
Amortization:
Closing
Security:
$5,000,000 to $100,000,000
5, 7 and 10 Years
75% Maximum
1.25 or Greater
30 Years
Typical 60 days or less from application
Non-Recourse expect for fraut, environmental, etc.
