What we do
Channel provides quality, affordable housing solutions to underserved markets.
We acquire, improve, and develop manufactured housing communities, with a focus on delivering cost-efficient living options to families and seniors.
While each community's business case and strategy is unique, our core competencies remain constant:
- Acquisition
- Management
- Development
- Repositioning
Acquisition
Channel considers a variety of factors during the acquisition phase, including: net buildable acreage, prior use of site, zoning and land use considerations, existence of an affordable housing gap, land utilization, expansion possibilities, sustainability factors, and more.
Management
Channel has years of experience managing manufactured housing communities. From creating and enforcing rules and regulations that focus on enhancing quality of life, to supplying utility services, lease management, and maintenance coordination, Channel is well versed in all aspects of community operations and management.
Development
Developing and improving our communities is a long term driver of value for Channel. Re-investing in community infrastructure and homes helps improve the performance and curb appeal of our communities. This work also helps attract responsible new tenants while strengthening the community's reputation.
Repositioning
In addition to building new communities, Channel seeks to refresh housing stock within existing communities to meet the housing needs of underserved workforce or age-restricted populations.
Advantages & Benefits
Advantages for residents
Channel offers many advantages for residents, including:
Quality, affordable homes
Dollar for dollar, our homes offer unparalleled value and functionality when compared to other housing options in the market. Open floor plans, top appliances, and attractive kitchen and bath designs are some of the appealing features of our homes.
Land leasing in a nice, safe community
Why buy land when you can lease it? Leased land communities enable buyers to purchase a home for much less than a traditional home. Buyers also realize significant property tax savings.
Rental and seller financing
Channel offers affordable rental, rent-to-own, and seller financing options, including consideration and qualification for those whose credit may be less-than-great, or in a credit-rebuilding phase.
Faster and more efficient than site building
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Manufactured homes - 4 months to build
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Traditional homes - 9 months to build
Quality construction for less
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Manufactured homes - $41 per sq. foot
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Traditional homes - $83 per sq. foot
Manufactured homes are built to last
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Manufactured homes life expectancy - 58.3 years
Success Stories
Mill Creek Estates
Channel acquired Mill Creek Estates in New Holland, PA in early 2016, installing more than 80 rental homes and homes for sale. Channel also provided consumer financing solutions and made significant improvements to the 44-acre community.
About Channel Companies
Creating affordable housing solutions
Our Story
Channel, through its affiliated partnerships, develops, owns, and operates manufactured housing communities (MHC’s). Whether it is a ground-up development or turnaround project, each community includes new infrastructure and homes, which helps to attract responsible new resident-tenants.
“Attractive, affordable housing is possible, and we have proven it.”
Channel remains committed to the provision of affordable housing in underserved regions. Through Channel’s significant reinvestments, its portfolio communities have become standout examples of value and quality in each housing market where it operates.
Channel is an active member of the Florida Manufactured Housing Association, and an NMLS registered mortgage originator.
Josh Kroll
PARTNER
Josh focuses on business strategy, legal, accounting, and banking matters relative to Channel development and investment activities.
Josh has more than 17 years of residential project development, finance, and project management experience. Prior to Channel, Josh handled various finance and management roles in the redevelopment of the famed Asbury Park (NJ) oceanfront, as well as oversight of real estate tax liens acquisitions for a specialized investment fund.
- Bachelors Degree in Urban and Environmental Planning from the University of Virginia
- Masters of Professional Studies in Real Estate Development and Finance from Cornell University
- Graduate Certificate in Construction Management from New York University
Gordon Schafer
PARTNER
Gordon oversees construction, operations, and consumer financing for Channel.
With more than 35 years of experience as a real estate owner, Gordon has been directly involved with all acquisition, development, property management, maintenance, and disposition aspects associated with his residential and commercial properties located throughout the Delaware Valley (PA/DE/NJ). Gordon has also served as general contractor and developer for each project associated with his properties.
Gordon is a graduate of Pennsylvania State University.