Mitch Roschelle is the principal and chief strategy officer at Madison Ventures+, a multi-strategy private equity firm. Additionally, he is an adjunct faculty member at the University of San Diego's Burnham-Moores Center for Real Estate. Mr. Roschelle was previously a partner at PwC and the leader of PwC's real estate advisory practice. With over 40 years of experience serving a wide array of real estate investors, foreign and domestic, he is a widely recognized commentator on real estate, housing, public policy, business trends, capital markets, and the economy.
Returns on traditional housing and commercial real estate have been compressed due to economic uncertainty and capital market challenges. Notwithstanding the overwhelming need for workforce housing, traditional multifamily developers are finding it increasingly to generate the returns necessary to deliver more units.
At the same time manufactured housing returns have significantly outpaced those of traditional apartments. The asset class often known as trailer parks, manufactured housing is the most overlooked by investors. In this session, we will explain the sub asset class, how they are not trailer parks, and how investors can enjoy outside returns by investing in manufactured housing communities.