URL:
Location:
Ladera Ranch, CA
Niche:
Mobile Home Parks
Prior::
Direct

Overall:

Communication/Reporting:

Track Record/Performance:

Sponsor Fees:

To see feedback and discussions from actual Park Street investors, join over 1000 accredited investors at the 506 Investor Group. 506 Group negotiates lower fees and better terms versus investing direct.

Park Street Partners has another mobile home park fund. They are similar to MHC America fund.  Park Street Partners is a private real estate investment firm founded by Jefferson Lilly and Brad Johnson which invests in mobile home parks (aka manufactured housing communities or trailer parks) coast to coast.  We are yield-driven investors.  We seek to deliver to our investors superior cash flow returns by acquiring undervalued or underperforming mobile home parks.  We then implement aggressive value-add asset management systems to improve operations to and profitability.  Our track record demonstrates that mobile home park investing delivers superior risk-adjusted returns relative to other real estate assets.

Our investment vehicles provide access to a diversified pool of mobile home parks and are appropriate for accredited investors seeking yield and capital appreciation opportunities.  

Park Street Partners will consider mobile home park investment opportunities nationwide; however, our primary geographic focus is currently on properties located in the greater midwest.

Due Diligence & Discussions

Share your experience. Rate and comment!

MHP Investor

Mar 13, 2017

(Updated on 03/16/2018)

Based on my experience with PSP so far, Investor communications and reporting is very poor. I am unlikely to invest with them again in the future. If this site allowed me to update my ratings, I will lower them.

 

 

 

Reply By: Sponsor

Aug 29, 2018

Hello KV, 

Agreed. Our reporting was not up to par in March of 2017. To address this, we've made significant strides / investments in improving reporting in 2018, including adding an investor portal to the website where investors can see review their holdings, accesss distribution history and view investor statements. 

Thank you,

Park Street Partners 

Reply By: User

Sep 10, 2018

Appreciate your response! I agree that the recent changes like launching the investor portal and moving from paper check to ACH are steps in the right direction. I am hoping to see signficiant improvements in responsiveness and quarterly updates/news letters on performance at property and fund level.

Top 5 by Overall Rating
To see feedback and discussions from actual Atlas investors, join over 1000 accredited investors at the 506 In
To see feedback and discussions from actual Big V investors, join over 1000 accredited investors at the 506 In
To see feedback and discussions from actual Praxis investors, join over 1000 accredited investors at the 506 I
The RealSource Group of Companies benefits from their proprietary "Econometric Model" which has been in use since 1
Xebec Realty is a private, vertically integrated real estate firm that focuses on the acquisition, development and manag
Website - Real Crowd Fees - NONE Phone - 800-286-1602 SEC REG - USES 506(c) - Open Investments can be advertised and publicly discussed Real Crowd is a private, secure, and simple-to-use online platform for accredited investors to assess, r
URL - Fund That Flip Fees - 2% to 4% loan points as an origination fee deducted from loan funds at loan closing, plus 1% to 3% interest rate spread taken from loan repayments over the course of the loan. There is no cost for investors to sign up and
Website - CrowdStreet Phone - 888 432-7693 SEC REG - USES 506(c) - Open Investments can be advertised and publicly discussed CrowdStreet allows accredited investors to purchase real estate investments through their platform, which is essent
Website - EquityMultiple.com Fees - .5% annual asset management fee on equity + 10% carry Phone - 646)-844-9943 SEC REG - USES 506(c) - Open Investments can be advertised and publicly discussed EQUITYMULTIPLE is the only online investi
Website - Brelion.com Fees - Various Phone - (888) 564-3213 SEC REG - TBD Brelion is owned by the same company that owns Smartland sponsor and Peer Realty crowdfunding platform. As real estate developers ourselves, we underst
Park Street Partners Park Street Partners
Rated 1.9/5 based on 10 customer reviews

To see feedback and discussions from actual Park Street investors, join over 1000 accredited investors at the 506 Investor Group. 506 Group negotiates lower fees and better terms versus investing direct.

Park Street Partners has another mobile home park fund. They are similar to MHC America fund.  Park Street Partners is a private real estate investment firm founded by Jefferson Lilly and Brad Johnson which invests in mobile home parks (aka manufactured housing communities or trailer parks) coast to coast.  We are yield-driven investors.  We seek to deliver to our investors superior cash flow returns by acquiring undervalued or underperforming mobile home parks.  We then implement aggressive value-add asset management systems to improve operations to and profitability.  Our track record demonstrates that mobile home park investing delivers superior risk-adjusted returns relative to other real estate assets.

Our investment vehicles provide access to a diversified pool of mobile home parks and are appropriate for accredited investors seeking yield and capital appreciation opportunities.  

Park Street Partners will consider mobile home park investment opportunities nationwide; however, our primary geographic focus is currently on properties located in the greater midwest.