Skip to main content

Manufactured Housing Properties Inc. Announces Changes to Senior Leadership Team

Written by Customer Service on . Posted in Public Companies.

Charlotte, North Carolina, April 14, 2022 (GLOBE NEWSWIRE) — Manufactured Housing Properties Inc. (OTC:MHPC), an operator of manufactured housing communities, announced several changes to its senior leadership team today. The changes reflect a thoughtful and strategic approach to long-term growth for the company.

“I’m proud of the leadership talent that we are developing at MHPC,” said Raymond Gee, Chairman of the Board and Chief Executive Officer of Manufactured Housing Properties Inc. (“MHPC”) “Over the last five years, we have developed the depth and diversity in our executive team to continue our growth and achieve strong profitability.”

Jay W. Wardlaw has been appointed to the position of President and has been elected to serve as a member of the board by the company’s board of directors, effective immediately. Jay adds his extensive finance experience within the real estate sector to the team, including five years as a managing director at Regions Banks Real Estate Capital Markets group where he marketed CMBS, FNMA, HUD, Affordable Housing, Credit Tenant Lease and Loan Placement products to Regions Bank clients, as well as fourteen years working within Bank of America’s structured real estate finance group. In addition to banking experience, Jay has six years of experience as a financial consultant with KPMG and PricewaterhouseCoopers and holds FINRA Series 63, 7 and 79 certifications.

Michael Anise, who has been with MHPC since September 2017, has been appointed to the position of Chief Operating Officer and has resigned from his former positions as Chief Financial Officer and President, effective immediately. Michael will focus his attention on operations as the company continues to grow its portfolio through acquisitions. He will also maintain his role as a vital member of the company’s board of directors.

Chelsea H. Gee has assumed the position of Chief Financial Officer, effective immediately. Chelsea has served as the company’s Vice President of Finance since January 2021.

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:
Jay Wardlaw
President
(980) 273-1702 ext. 251

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.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.