Evoke Capital’s Post

At Evoke Capital, we believe mobile home communities are one of the best solutions to America’s growing housing crisis. Seeing the result of communities like Country Aire in Paducah taking steps toward revitalization only solidifies our belief. Property manager Amy Fritts brings up an important point, stating, "So many places have either wait lists or the price of them is insanely high. So it prices people - normal, good, hard-working people—out of the market.” This is the unfortunate reality many Americans face, and mobile home communities offer a real solution. With a stable tenant base and long-term residents like Jon Stratton, who has called Country Aire home for 21 years, these communities provide not just housing, but a sense of stability and belonging. Our belief in Mobile Home Communities is twofold - they offer consistent cash flow, and are a recession-resistant asset class. These communities allow us to preserve capital while meeting the demand for affordable housing - a win/win for both our tenants and our investors. https://lnkd.in/gwm4n6W8 Pasha Esfandiary Alex Segal Edmund Nisbet Kenji Ignacio

At Evoke Capital, we love seeing tenant satisfaction. It's moments like these that show our efforts are truly paying off. Here’s a heartfelt message we recently received from a resident at our newest property, Swan Lake: "We have lived in this community nearly five years and have never been more impressed with how management is handling the property now. The initial communication about delinquent accounts at Swan Lake was impressive, offering to work matters out with residents rather than rushing to evictions. This approach is both courteous and compassionate, and we can't thank you enough for that! The tree-trimming team was especially professional and skilled. Our yards are now much safer, and our streets already look better and are easier to navigate. It feels like a neighborhood to be proud of again! We've also noticed improvements in many other areas: -Fewer dogs running loose at night. -Fewer young people riding skateboards in the streets. -Older, dilapidated homes being removed, greatly improving the community overall. -A much quieter community, with residents respecting one another's boundaries and properties." Prioritizing safe and welcoming communities is at the core of what we do at Evoke, and seeing that it's paying off means the world to us. Pasha Esfandiary | Edmund Nisbet | Alex Segal | Steven Cavus | Kenji Ignacio | Robbie Garippo

We are excited to announce the launch of our "Helping Hands" Rental and Clean-up Program at Evoke Capital, starting this month. Recognizing the challenges many face, we’ve developed this program to ensure that our residents can maintain their homes and stay in their communities without undue stress. Through “Helping Hands,” we provide rental discounts for those struggling to make ends meet and assist with exterior repairs for residents who need a bit of extra help. By offering this support, we can create a more stable and supportive environment for everyone in our communities. This is a win/win for both our investors and our tenants, as it will enhance community retention and satisfaction, ultimately increasing the value of our properties and ensuring consistent returns. 

We are proud to announce that we have officially closed on Swan Lake MHC! This marks another major milestone for Evoke Capital, with a $18.75 million acquisition, expanding our portfolio 16% to a total of 2,150. Our team has been working diligently on the property even before the closing, and investors in Fund 2 have already gotten close to $500k in instant equity. A heartfelt thank you to our investors for your repeated trust and commitment. Many thanks to Parker Kelly, for making this process smooth - and congratulations to the Evoke team: Pasha Esfandiary Alex Segal, Edmund Nisbet, and Kenji Ignacio - for executing the deal quickly and efficiently. Investors in Fund 2 will enjoy the benefits of Swan Lake and all acquisitions within this fund, regardless of tranche. To learn more about Evoke Capital, please visit our website here: https://lnkd.in/gMFxXW2A