FG Communities Expands in Western North Carolina with Hendersonville Acquisition
Event summary
- FG Communities acquired a manufactured housing community in Hendersonville, NC, on May 12, 2026.
- The community is located in a high-demand market known for retirees and remote workers.
- FG Communities now operates 86 properties with over 3,500 homesites.
- The acquisition aligns with FG Communities' strategy of preserving affordable housing in growing markets.
The big picture
FG Communities' acquisition in Hendersonville underscores its focus on affordable housing in high-growth, high-demand markets. The company's strategy aligns with broader industry trends of consolidating manufactured housing communities to address housing shortages, particularly in areas attractive to retirees and remote workers. With a portfolio of 86 properties and over 3,500 homesites, FG Communities is positioning itself as a key player in the affordable housing sector.
What we're watching
- Market Demand
- How sustained demand for affordable housing in Western North Carolina will impact FG Communities' growth strategy.
- Operational Integration
- The pace at which FG Communities can integrate and improve the newly acquired Hendersonville community.
- Regional Expansion
- Whether FG Communities will continue to focus on Western North Carolina for future acquisitions.
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