Thursday 27 February 2020

Sam Zell’s mobile-home firm stock up 1,200% since housing crash

From the wreckage of the housing crash, trailer parks have emerged as a lucrative investment option. Since March 2009, shares in Sam Zell’s mobile-home business, Equity LifeStyle Properties, have returned 1,186 percent, according to an analysis by the Wall Street Journal. Shares in Sun Communities Inc., another big owner, returned 4,137 percent. “It’s baffling how good of a business it has been,” analyst John Pawlowski, of Green Street Advisors, told the newspaper. But it has



source https://therealdeal.com/2020/02/27/sam-zells-mobile-home-firm-stock-up-1200-since-housing-crash/

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