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Manufactured Housing Properties Inc. Appoints Richard M. Gee to the Board of Directors

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Manufactured Housing Properties Inc. (OTC:MHPC) has appointed Richard M. Gee to its board of directors, enhancing its leadership team with his expertise in law and governmental affairs. CEO Raymond M. Gee emphasized that Richard's experience in real estate acquisitions, previously as Vice President at Gvest Capital LLC, will be a valuable asset to the company. MHPC focuses on acquiring and operating value-add manufactured home communities in high-growth markets, aiming to capitalize on increasing demand in this sector.

Positive
  • Richard M. Gee brings valuable expertise in law and real estate acquisitions, enhancing the board's capabilities.
  • Appointment is expected to strengthen leadership and strategic direction.
Negative
  • None.

Charlotte, North Carolina, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Manufactured Housing Properties Inc. (OTC:MHPC), which acquires, owns, and operates manufactured housing communities; today appointed Richard M. Gee to the board of directors.  Speaking on behalf of the company, Raymond M. Gee, Chief Executive Officer said, “Richard is a great addition and asset to our board with his law and governmental affairs background and experience in real estate acquisitions and developments as Vice President of Gvest Capital LLC.”

About Manufactured Housing Properties Inc.

Manufactured Housing Properties Inc. together with its affiliates, acquires, owns, and operates manufactured housing communities. The Company focuses on acquiring and operating value-add manufactured home communities in high growth markets.

Contact:
Michael Z. Anise
President & Chief Financial Officer
(980) 273-1702 ext. 244

Forward Looking Statements

This press release contains statements that do not relate to historical facts, but are “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  These statements can generally (although not always) be identified by their use of terms and phrases such as anticipate, appear, believe, continue, could, estimate, expect, indicate, intend, may, plan, possible, predict, project, pursue, will, would and other similar terms and phrases, as well as the use of the future tense.  Forward-looking statements are neither historical facts nor assurances of future performance.  Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of MHPC, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions.  Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our annual and quarterly reports under the heading “Risk Factors” as filed with the SEC.  Actual results and financial condition may differ materially from those indicated in the forward-looking statements.  Therefore, you should not rely on any of these forward-looking statements.  Forward-looking statements in this press release speak only as of the date hereof.  Unless otherwise required by law, we undertake no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

FAQ

What is the significance of Richard M. Gee's appointment to MHPC's board?

Richard M. Gee's appointment is significant as it adds expertise in law and real estate acquisitions to the board, which may enhance strategic decisions and operational effectiveness.

How does MHPC plan to benefit from the new board member's expertise?

MHPC plans to leverage Richard M. Gee's background to strengthen its real estate acquisition strategies and improve overall governance.

What is the current focus of Manufactured Housing Properties Inc.?

MHPC focuses on acquiring and operating manufactured housing communities, specifically targeting value-add opportunities in high-growth markets.

When was Richard M. Gee appointed to MHPC's board?

Richard M. Gee was appointed to the board of directors on October 19, 2020.

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United States of America
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