Cove Communities Nears Deal for Mobile-Home Rival Blair

Cove Communities, an owner of RV resorts, manufactured-housing locations, and mobile-home parks, is in talks to acquire Blair Group, according to people with knowledge of the matter.

Cove Community


The companies are in discussions regarding a transaction that values Blair at $1 billion or more, said one of the people, all of whom requested anonymity because the deal isn’t yet public. The transaction hasn’t been finalized, and talks could still fall apart.

Blair Community


Cove, led by Chairman David Napp and Chief Executive Officer Colleen Edwards, in June hired a former KeyBanc real estate banker as its chief investment officer. Founded in 2017, it owns 45 locations. Blair operates five locations in Florida, its website shows.

Firms including Blackstone Inc., TPG Inc. and Apollo Global Management Inc. have in recent years amassed holdings in mobile-home parks amid a broader bet on affordable housing in the U.S.

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Gary Fleisher

Gary Fleisher, “The Mod Coach”, has been entrenched in the offsite construction industry for most of his life. Having started his career in the lumber industry, Gary spent decades working with manufactured and modular home producers and homebuilders. For the past 15 years his blog and LinkedIn postings have introduced thousands to the benefits of factory-built construction and have served as a forum for industry professionals to share insights and perspectives. Gary lives in Hagerstown, MD with his wife, Peg.

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