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Company History

MC Equities, LLC, (MCE) a Nevada limited liability company, was founded in 1998 by its president, Mark Coleman, in order to acquire and provide professional management services to manufactured home communities. At that time, Mark was instrumental in the acquisition of two properties in Oregon and Arizona, and responsible for their daily professional management.

The security that these properties offered together with the attractive return on equity yields they provided, was the impetus behind the formation of MCE. The company's first independent purchase was an 80 spacecommunity in eastern Utah. Suffering from poor management, high vacancy rates and low curb appeal, theproperty was a challenge to turn around. Over the next 2 1/2 years MCE discovered their forte: adding value to under-performing properties and improving the lifestyles of their residents. This small-market, tired property was transformed to a fully occupied community where residents demonstrated their pride of ownership. It was sold at a 35% profit, less than three years later.

That acquisition became the springboard for MCE to aggressively become involved in the manufactured home community industry. From 1999 to present MCE has been instrumental in the acquisition and management of 35 communities located throughout the continental United States, totaling more than 7500 home sites.

Given the fact that Mark Coleman is a Canadian citizen, he has chosen to establish the corporate office in Vancouver, Canada. The company currently has nine key associates at their head office whose responsibilities include regional asset management, accounting and financial reporting. MCE is currently in contract on additional communities in Arizona and Texas, and is planning on acquiring additional properties throughout the continental United States in the future. All of the properties that are owned or managed by MC Equities, LLC are recognized in their respective communities as being among the finest parks in the area, and as a result have occupancy rates averaging 93%+.