ERC Communities

About ERC Communities

ERC Communities is a real estate operator. ERC Communities operates in North Port-Sarasota-Bradenton, Florida and Tampa - St. Petersburg, Florida. Its investment focus is on Affordable Housing, LIHTC and Manufactured Housing.

ERC Communities, established in 2018, is a real estate developer and owner-operator specializing in Build-for-Rent single-family manufactured home communities. The company focuses on providing affordable housing solutions in high-growth markets across the southeastern United States, particularly in Florida. The company's developments feature three-bedroom, two-bathroom manufactured homes averaging 1,375 square feet. These homes are designed to offer rental costs approximately 30% lower than those of conventionally built homes, addressing the affordable housing crisis by offering cost-effective alternatives for individuals and families seeking secure, sustainable living. ERC Communities' flagship project is located in Zephyrhills, Florida, with plans for initial development of 216 units. The company aims to expand its manufactured home communities throughout Florida and into other southeastern states, focusing on areas with significant population growth and increased demand for affordable rental housing.

Principals at ERC Communities

Recent activity at ERC Communities

No recent signals captured for ERC Communities yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.

ERC Communities's project portfolio

No projects on file for ERC Communities yet.

Markets and themes

Markets ERC Communities operates in

• North Port-Sarasota-Bradenton, Florida
• Tampa - St. Petersburg, Florida

Investment themes at ERC Communities

• Affordable Housing
• LIHTC
• Manufactured Housing
• Preferred Equity
• Single-family rental

Capabilities

• Construction Management
• Economic Development
• Environmental Remediation
• Mixed Use
• Private Equity
• Public-private partnerships
• Site Development
• Sustainability
• Transit-oriented development
• Urban infill

Operators similar to ERC Communities

• LifeStar Living
  Emerging tierNorth Port-Sarasota-Bradenton, FloridaTampa - St. Petersburg, FloridaAffordable Housing
• Select Properties, Inc.
  Emerging tierNorth Port-Sarasota-Bradenton, FloridaTampa - St. Petersburg, FloridaAffordable Housing
• AIM Development Company
  Emerging tierManufactured HousingAffordable Housing+1 more theme
• West Development Ventures
  Emerging tierManufactured HousingAffordable Housing+1 more theme
• Bianchi Realty & Property Management Inc.
  Emerging tierNorth Port-Sarasota-Bradenton, FloridaTampa - St. Petersburg, FloridaSingle-family rental
• The Bainbridge Companies
  Emerging tierNorth Port-Sarasota-Bradenton, FloridaTampa - St. Petersburg, Florida
• Quartz Properties
  Emerging tierManufactured HousingSingle-family rental
• Edgemark Communities LLC
  Emerging tierAffordable HousingLIHTC
• Columbia Ventures
  Emerging tierAffordable HousingLIHTC
• Palermo Realty & Development
  Emerging tierAffordable HousingSingle-family rental

Frequently asked questions about ERC Communities

What does ERC Communities do?

ERC Communities, established in 2018, is a real estate developer and owner-operator specializing in Build-for-Rent single-family manufactured home communities.

What markets does ERC Communities operate in?

ERC Communities is active in North Port-Sarasota-Bradenton, Florida and Tampa - St. Petersburg, Florida.

How many employees does ERC Communities have?

ERC Communities has 2–10 employees.