Business
Pathfinder Ventures Launches Pathfinder Lifestyle Communities, a Division Focused on Land-Lease Communities to Address Housing Shortages and Housing Affordability
VANCOUVER, BC / ACCESSWIRE / July 18, 2024 / Pathfinder Ventures Inc. (TSXV:RV) ("Pathfinder" o...
About this update from Pathfinder Ventures Inc
[{"type":"text","content":"Pathfinder Ventures Launches Pathfinder Lifestyle Communities, a Division Focused on Land-Lease Communities to Address Housing Shortages and Housing AffordabilityVANCOUVER, BC / ACCESSWIRE / July 18, 2024 / Pathfinder Ventures Inc. (TSXV:RV) (\"Pathfinder\" or the \"Company\") is pleased to announce the creation of its new division, \"Pathfinder Lifestyle Communities,\" which will focus on the acquisition and development of manufactured home communities (\"MHC's\"), offering a sustainable and affordable housing solution in response to the region's growing housing shortages and affordability crisis.Pathfinder Lifestyle Communities aims to create vibrant, well-planned communities that will provide residents with high-quality, affordable homes along with resort-like amenities. By leveraging the efficiencies of manufactured housing construction in a land-lease community setting, these MHCs can be developed quickly and cost-effectively vs. traditional housing, making homeownership accessible to a broader segment of the population, especially new home buyers or those looking to downsize.Pathfinder adds Vancouver Island MHC into the Pathfinder Lifestyles Community PortfolioPathfinder currently owns and operates a 10-unit MHC as part of its Parksville Camp Resort operation. The Parksville MHC has been at 100% occupancy since Pathfinder purchased the property in 2020 and has been a steady and reliable business segment for Pathfinder.\"We are very excited to introduce Pathfinder Lifestyle Communities as a key component of our growth strategy,\" said Joe Bleackley, CEO of Pathfinder Ventures. \"We get calls weekly from customers looking to live in our RV Resorts long-term, and given the similarities in the operations, and expertise and experience in MHCs, it's a natural progression for us to focus on Lifestyle Communities, while providing solutions to high housing ownership costs.\"Key Highlights of Pathfinder Lifestyle Communities:Affordable Housing Solutions: By utilizing manufactured housing construction techniques, Pathfinder Lifestyle Communities can offer homes at a fraction of the cost of traditional construction, making homeownership more attainable.Land-Lease Community: Where the customer owns the home, RV, or residence, but not the land the unit sits on. Instead, Pathfinder leases the land to the homeowner and provides services t...