Data centers and luxury RV parks are the fastest-growing real estate verticals, driven by aging demographics and rising demand. A team is raising $50 million for a combined deal that includes a resort-style RV park, data center, and Opportunity Zone project designed to generate cash flow while land is being entitled.
Chapters
Are you getting deals like this?
How's it going on RVs and commercial stuff?
Oh, insane. So last week we were at a conference and they were doing a market update and the two things that were at the top on all the verticals was data centers and modular housing. So tiny homes like our mobile home parks, RV parks, like huge. So anything affordable, literally both of those deals.
Not necessarily. So we're doing the luxury RV parks, and that is not affordable housing, and it's like growing like wildfire.
You're, you're talking more like the resort-style RV park? Yeah, that's some—
yeah, the silver tsunami continues to drive, and, you know, again, just get out in front of that wave, and that's a huge part of what we're doing. So we're looking to raise $50 million for that deal and then the data center and then now this one that Katya brought on because it allows for it to cash flow until we can get it ready for the Opportunity Zone. So that's the other people. Like right now we're here at the Opportunity Zone Conference and when we can get land entitled and ready and shovel ready so that now we can flip it into an Opportunity Zone project. I mean, so it's, it's all the things.
So that— so did she take that upon herself or did you guys kind of teach her to go after the opportunities?
