Top 5 Largest Prefab Real Estate Companies in 2024

Last Updated: February 2024

Manufactured Housing

The largest prefab real estate companies in the United States are at the forefront of transforming the landscape of manufactured housing communities. These companies focus on developing communities that offer residents affordable, efficient, and sustainable living spaces. As the housing market evolves, these prefab community companies continue to lead the way in offering innovative solutions to meet the growing demand for quality, cost-effective housing options in diverse locales.

Top 5 Prefab Real Estate Companies in the United States

Below we delve into the profiles of these top companies, exploring their history, services, and the role they play in shaping the U.S. manufactured housing industry. These industry leaders are ranked based on factors such as number of properties, revenue, among other things.

1. Sun Communities

Sun Communities

Sun Communities Key Statistics:

  • Year Established: 1975
  • Total Assets (2021): $13.5 billion.
  • Number of Properties (as of September 30, 2023): Interests in 670 properties including manufactured housing communities, RV communities, and marinas.

Sun Communities, LLC is a prominent real estate investment trust (REIT) that specializes in owning, operating, and expanding manufactured housing and recreational vehicle (RV) communities. Established in 1975, the company has grown into a major player in the prefab housing sector, offering a range of services including marketing, leasing, and selling new and pre-owned homes. With a significant presence across the United States, Canada, and the United Kingdom, Sun Communities manages a large portfolio of properties, encompassing both traditional manufactured housing and modern, amenity-rich RV resorts. The company’s business model focuses on providing high-quality, affordable housing solutions, while emphasizing community building and customer satisfaction.

2. Equity Lifestyle Properties

Equity Lifestyle Properties

Equity Lifestyle Properties Key Statistics:

  • Year Established: 1992
  • Number of Properties: 450 properties, including RV resorts and campgrounds.
  • Number of Employees: Approximately 4,200.

Equity Lifestyle Properties is a leading owner and operator in the North American market of manufactured home communities, RV resorts, and campgrounds. With a history dating back several decades, ELS has established itself as a significant player in providing a variety of housing and vacation options. The company’s portfolio is vast and diverse, encompassing multiple properties across highly desirable housing markets and vacation destinations. ELS’s commitment to offering quality living environments and exceptional customer experiences has made it a prominent name in the prefab housing sector.

3. RHP Properties

RHP Properties

RHP Properties Key Statistics:

  • Year Established: 1988.
  • Company Asset Value: Over $6 billion.
  • Number of Home Sites: 80,667 across their communities.
  • Number of Properties: 374 communities across the nation.

RHP Properties, established in 1988, is a notable private owner and operator of manufactured home communities in the United States. The company focuses on providing affordable homes across a wide geographical spread, investing significantly in community improvements. RHP’s business model emphasizes real estate investments and management, particularly in acquiring quality manufactured home communities nationwide. They are recognized for their dynamic approach in the real estate sector and their commitment to environmental and social responsibility.

4. Yes! Communities

Yes! Communities

Yes! Communities Key Statistics:

  • Manufactured Housing Communities: 179
  • Individual Home Sites: 46,000
  • Total AUM: $2.2 billion
  • State Locations: 17
  • Employees: 250+

Yes! Communities is a prominent operator in the manufactured home community sector, specializing in providing affordable housing options. The company is known for its dynamic approach to offering factory-built homes that cater to a variety of family sizes and budgets. Yes! Communities focuses on creating welcoming communities where residents can enjoy a sense of belonging and pride in their homes. They are committed to not only providing housing but also nurturing relationships and building communities.

5. Roots Management Group

Roots Management Group

Roots Management Group Key Statistics:

  • Year Established: 2017
  • 239 Communities
  • 38,778 Individual Home Sites

Roots Management Group, is a dynamic company dedicated to transforming the manufactured housing community (MHC) industry. They operate with a commitment to providing best-in-class housing options that are affordable and accessible. As an integrated MHC investment platform and management company, Roots Management Group focuses on community development, capital improvements, and meticulous management practices to enhance the quality of life for residents. The company prides itself on fostering thriving communities and empowering change through strategic partnerships and operational strategies.

Largest Prefab Real Estate Companies FAQ

Who are the Top 10 Prefab Real Estate Companies in the United States?

The prefab real estate market in the United States is dominated by a mix of established and emerging companies, each contributing to the growing demand for affordable and efficient housing solutions.

Top 10 Manufactured Housing Companies in the United States:

  1. Sun Communities, LLC
  2. Equity Lifestyle Properties
  3. RHP
  4. Yes! Communities
  5. Roots Management Group
  6. Southern Structures, Inc.
  7. Walters Buildings
  8. Rubb Building Systems
  9. Safety Storage, Inc.
  10. Commercial Structures Corp.

What Prefab Companies are Publicly Traded?

The prefab real estate sector includes several publicly traded companies, each offering distinct advantages in terms of investment opportunities and market reach. These real estate stocks and the companies behind them are key players in the industry, driving innovation and growth in the prefabricated housing market.

Top Publicly Traded US Prefab Real Estate Companies:

How Do The 5 Largest Prefab Real Estate Companies Differentiate Themselves?

The five largest prefab real estate companies in the United States each have unique attributes that set them apart in the industry. Their differentiation is based on factors such as geographic reach, specific market focus, range of services, and community engagement initiatives.

Company NameDifferentiating Factor
Sun Communities, LLCExtensive portfolio of manufactured housing and RV communities, emphasizing high-quality amenities and resident services.
Equity Lifestyle PropertiesFocuses on offering a variety of lifestyle-oriented communities, including RV resorts and campgrounds, across desirable locations.
RHPKnown for acquiring and enhancing manufactured home communities, with an emphasis on affordable housing solutions.
Yes! CommunitiesSpecializes in family-oriented manufactured home communities, offering a range of amenities and community activities.
Roots Management GroupEmphasizes environmental and social responsibility in their management of manufactured housing communities, focusing on sustainable living.

Large prefab real estate companies are currently navigating a landscape shaped by several significant trends. Foremost is the push towards sustainability, where eco-friendly building materials and processes are increasingly prioritized. Technological advancements, including modular construction and 3D printing, are revolutionizing building methods and efficiencies. These companies are also concentrating on providing affordable housing solutions while maintaining high standards of construction and design. Additionally, expanding their market reach to cater to diverse customer bases in various locations is becoming a strategic focus, reflecting the growing demand for prefab housing solutions across different regions.

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