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Flagship Communities Real Estate Investment Trust Unit (MHCu)

Toronto

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18.35 -0.25 -1.34%

23/07 - Closed. Currency in USD

Type: Equity

Market: Canada

Volume: 9,849
Bid/Ask: 18.35 / 18.55
Day's Range: 18.34 - 18.75

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Flagship Communities Real Estate Investment Trust Unit Company Profile

Get an in-depth profile of Flagship Communities Real Estate Investment Trust Unit, including a general overview of the company's business and key management, as well as employee data and location and contact information.

IndustryResidential & Commercial REITs

SectorReal Estate

Employees

Equity Type

Unit

Flagship Communities Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the “Declaration of Trust”) under the laws of the Province of Ontario. The registered office of the REIT is located at 199 Bay Street, Suite 4000, Toronto, Ontario, M5L 1A9, Canada. The head office of the REIT is located at 2220 Grandview Dr, Suite 280, Fort Mitchell, KY 41017, United States. The REIT has been formed for the purpose of owning and operating a portfolio of income-producing MHCs, and related assets, all of which are located in the United States. As at March 31, 2025, the REIT owned a 100% interest in a portfolio of 80 MHCs with 14,668 lots as well as two recreational vehicle (“RV”) resort communities with 470 sites, located in eight contiguous states: (i) Arkansas; (ii) Illinois; (iii) Indiana; (iv) Kentucky; (v) Missouri; (vi) Ohio; (vii) Tennessee; and (viii) West Virginia. These MHCs and RV resort communities are strategically concentrated in key markets where management has comprehensive knowledge and experience, including the REIT’s largest markets of Louisville, Cincinnati, and Evansville. As at March 31, 2025, the REIT also owned a fleet of approximately 1,600 manufactured homes for lease to residents. The REIT plans to continue its strategy of converting rental homes to tenant owned homes however, from time to time, the rental home fleet may grow as a result of property acquisitions and targeted additions based on community needs. The REIT is internally managed by a vertically integrated team of seasoned MHC professionals with expertise across the spectrum of real estate investment management, including: acquisitions, underwriting, financing, asset management, property management, operations, development and redevelopment, accounting, regulatory affairs, marketing, and human resources.

Contact Information

Address 2220 Grandview Drive Suite 280
Fort Mitchell, 41017
United States

Phone 859 568 3390

Fax -

Web www.flagshipcommunities.com

Top Executives

Name	Age	Since	Title
Nathaniel Smith	53	2020	Chief Investment Officer & Trustee
J. Susan Monteith	68	2020	Independent Trustee
Peter C. B. Bynoe	73	2020	Independent Chair of the Board of Trustees
Candace S. McGraw	61	2024	Independent Trustee
Louis Marie Forbes	69	2020	Independent Trustee
Andrew L. Oppenheim	73	2020	Independent Trustee
Ann Isabel Rooney	71	2022	Independent Trustee
Kurtis Keeney	57	2020	President, CEO & Trustee
Jonathan Li	47	2024	Independent Trustee

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