8/24/2023 0 Comments Haven park communities![]() While they noted Warren's concerns about the impact raising the rent has on long-time tenants, they chose not to engage based on counsel advice, they wrote in the letter.Īntonelli and Pratt's letter was shared with media outlets by 10 to 1 PR, a firm that specializes in among other things "crisis" communications. "Havenpark will continue to adhere to all current and future municipal, state and federal rules regarding the operation of manufactured home communities," they wrote. They even said that the current laws related to manufactured housing might be in need of updating. They had to raise rents to recoup the $29.8 million they spent to purchase the two properties. Havenpark Capital, they explained, stood in the way of developers "mass-evicting hundreds" to repurpose the valuable real estate. ![]() "One must acknowledge that had Havenpark not recently purchased manufactured home communities in North Liberty, IA and Waukee, IA - two of the fastest-growing areas in the region and country - they almost assuredly would have been sold to a developer that would have closed those communities," Antonelli and Pratt wrote. Anthony Antonelli and Robison Pratt, both managing partners of Havenpark Capital, positioned themselves as the saviors of the parks in Waukee, North Liberty and others in the state. In a letter addressed to Warren and Loebsack delivered Tuesday, J. On the defensiveĪfter months of near silence, Havenpark appears to be changing its strategy to mitigate damage done to its brand. While there might be sticker shock, he wrote that this kept the housing stock viable. Raising rents put these properties at the rate. ![]() ![]() "We've asked for real conversation with the people we've elected to negotiate through," Evans saidĪ spokesperson for Havenpark Capital said the company would lose money if they did not charge market value price for the property. Legal representatives, the media and organizing partners like Teamsters Local 238 were not allowed into the presentation. She even took umbrage with calling their May town hall a meeting. "I don't think they've done enough, and I don't think they want to," Evans said. Loebsack meets residents in Havenpark Capitol owned parkĬandi Evans, vice-president of North Liberty's Golfview Residents Association, said Havenpark Capital's recent concessions are not enough. Another presidential hopeful, former Housing and Urban Development Secretary Julián Castro, said in a visit to Havenpark's mobile home park in Waukee he wants to take the issue to the 2020 debate stage. Massachusetts Senator Elizabeth Warren touched on Havenpark's rent hike while on the campaign trail, writing that residents were being forced to choose between basic necessities and abandoning their homes because investment firms like Havenpark, are buying up their communities. Elizabeth Warren intervenes North Liberty Mobile Home disputeĮven national Democrats stumping through Iowa in advance of the 2020 presidential election have joined the fray. Dave Loebsack and Cindy Axne and Ohio Sen. In the parks, residents formed an association demanding accessibility to their landlords and "fair" rent practices. Locally, city councils and state legislators were shocked by the increases residents were subjected to. Havenpark's brand has taken heat since the private investment firm began buying up parks across Iowa in March. These changes did not materialize out of the ether. While Havenpark gave no indication of making the rent hike incremental, it did agree to lower the jump from an additional $166 a month to an additional $96 for the first year. Initially, Havenpark planned to raise rents on June 1 but after some questiona arose about the validity of a rent increase notice that was not dated, Havenpark postponed the hike to July 1. In May, company officials finally agreed to a meeting with residents after months of pleading. In March, residents were unsure even who their new owners were. Since Havenpark Capital first announced rent increases on tenants in its North Liberty mobile home park by 58% and Waukee tenants by 69%, the Utah-based private investment firm has been pushed to make changes. Watch Video: Resident in Havenpark Capitol owned mobile home park tells his story
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