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(Photo / Thinkstock ) A West Coast real estate investment and asset management company has paid $13 million for a mobile home park portfolio that includes communities in Central and Northeast Pennsylvania. Happy Home Communities , the mobile home and RV park investment arm of Los Angeles-based Gelt Inc., recently purchased three properties with 439 home sites from Horizon Land Coy . The three properties are in Luzerne, Lycoming and Snyder counties. The closest to Harrisburg is in Selinsgrove. It is the 77- space Wedgewood Mobile Homes Community along U.S. Route 15, near the Susquehanna Valley Mall . The other two communities are near the Wyoming Valley Mall in Exeter and the Lycoming Mall near Williamsport. Officials with Happy Homes, which launched in May, said they saw a stable portfolio with the potential to add affordable homes on 48 empty lots. Over the next three years, the company is planning to upgrade common areas and add other amenities to the communities, including...

DALLAS, TX - McCann Realty Partner and its joint venture partner , The Carlyle Group, acquired Marquis on Cedar Springs, a 165- unit apartment community located in Dallas, TX. The property will be re- branded Radius Turtle Creek .Built in 2001, the four-story, mid-rise property with a below-grade, two- level parking garage is located at 3604 Cedar Springs Road in Dallas, TX. The community is within the exclusive neighborhood of Turtle Creek, and is bound by Uptown and Downtown Dallas to the south and the high- end residential neighborhoods of Highland Park and University Park to the north. Residents are within walking and biking distance to a wide variety of shopping, dining, entertainment and recreational destinations including Katy Trail , West Village, Klyde Warren and Reverchon Parks, the Arts District, the American Airlines Center and Victory Park. The property presents a compelling value-add opportunity. McCann's business plan focuses on repositionin...

Mack- Cali Realty Corp . (NYSE:CLI) Q2 2017 Earnings Conference Call August 03, 2017 08:30 AM ET Executives Michael DeMarco - President and Chief Executive Officer Anthony Krug - Chief Financial Officer Marshall Tycher - Chairman of Roseland Residential Trust Analysts John Guinee - Stiefel Manny Korchman - Citi Jamie Feldman - Bank of America Rob Simone - Evercore ISI Vincent Chao - Deutsche Bank Operator Good day, everyone, and welcome to the Mack- Cali Realty Corporation Second Quarter 2017 Earnings Conference Call . Today's call is being recorded. At this time, I would like to turn the call over to Michael J. DeMarco, President and Chief Executive Officer . Please go ahead, sir. Michael DeMarco Thank you, operator. Good morning, everyone, and thank you for joining the Mack-Cali's second quarter 2017 earnings call . This is Mike DeMarco, the CEO of Mack-Cali. The lovely day in a waterfront, sun shining. I'm joined today by my partners Marshall Tycher , Chairman of Rosel...