FG Communities closes two NC manufactured housing buys: 49 homesites in Garner, 29 in Mars Hill

FG Nexus Inc.

Closed Garner, NC community at 5004 Lee Drive on Oct 8, 2026: 49 homesites on 59 acres in the Raleigh/Research Triangle market.
Closed Mars Hill, NC community at 205 Big Brown Rd on Oct 9, 2026: 29 homesites on 19 acres, expanding the Asheville market footprint.
Both sellers were unaffiliated third parties; purchases were funded with cash on hand and no purchase price was disclosed.
CEO Kyle Cerminara said the buys fit a strategy of acquiring income-producing affordable housing in growing markets.
Press releases put the combined footprint at 102 communities/4,500+ homesites (Oct 12) and 103 communities/4,000+ homesites (Oct 15).

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