PRESS ROOMNEWS RELEASE
Inland Venture Partners, LLC Announces Strategic Partnership with Gemstone CommunitiesJune 10, 2019
Oak Brook, Ill. – Inland Venture Partners, LLC (“Inland Venture Partners”), a sponsor of closed-end, specified-asset, private equity real estate investments, announced today its strategic partnership with Gemstone Communities (“Gemstone”), an owner and manager of manufactured housing communities throughout the United States.
“Gemstone has established a strong presence in the manufactured housing real estate industry,” commented Rod Curtis, president of Inland Venture Partners. “Gemstone’s manufactured housing expertise and deal sourcing complements Inland Venture Partners’ focus on delivering opportunistic, value-add and development real estate strategies.”
Gemstone’s current portfolio includes 21 properties totaling over 2,200 units located in Indiana, Florida, Michigan, New Jersey, Ohio and Texas.
“The demand for manufactured housing real estate continues to increase due to its affordability, stable income, long-term occupants and low capital cost to maintain the properties,” commented David Ruby of Gemstone Communities. “We are thrilled with the success we have achieved and look forward to building on that through our strategic partnership with Inland Venture Partners.”
About Inland Venture Partners
Inland Venture Partners, LLC intends to offer a series of closed-end, specified-asset funds to accredited investors seeking exposure to private equity real estate. Dedicated to delivering opportunistic, value-add and development real estate strategies to investors, Inland Venture Partners, LLC strives to uncover value by identifying opportunities where asset performance can be enhanced with financial and operational support. Inland Ventures Partners is a part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of a group of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof.
About Gemstone Communities
Gemstone Communities is a premier owner and manager of manufactured housing communities throughout the United States. Founded in 2014, Gemstone Communities has over 2,000 units under management in six states. Gemstone Communities seeks long-term investment opportunities that provide steady cash flow, as well as asset appreciation through hands-on management, while remaining committed to providing residents and their families the highest quality communities at the most affordable prices.