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RHP Properties has purchased Pecan Plantation, a 226-homesite manufactured housing community in La Porte, Texas. To finance the acquisition, the company secured a $15.3 million loan originated by PGIM Real Estate Finance and set to mature in 2030, according to Harris County public records.

The same source shows that the seller was an entity related to Sacramento, Calif.-based FollettUSA, a manufactured home operator and owner that held the majority ownership interest in the property, and a private seller.