Berkadia’s Manufactured Housing Annual Report for 2025 is now available, exploring why the sector continues to stand out as a resilient and increasingly attractive commercial real estate investment.

Key Takeaways

• Effective rent per space for total communities increased 1.4% in 2025.
• Total manufactured home community transaction volume increased 47.1% year over year in 2025.
• 460 manufactured home communities were sold during 2025.
• Phoenix led all U.S. markets in manufactured housing sales volume in 2025.