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GCM Grosvenor backs Proteus MHP in manufactured housing joint venture

Asset manager provides capital to fund up to $150 million of investments
Proteus MHP acquired this 100-pad mobile home park at 4834 First St. in Pasadena, Texas, last December. (CoStar)
Proteus MHP acquired this 100-pad mobile home park at 4834 First St. in Pasadena, Texas, last December. (CoStar)

Proteus MHP, a manufactured housing real estate investment firm out of Los Angeles, has received new investment capital from GCM Grosvenor in a vote of confidence in the sector and Proteus' plans to grow its portfolio.

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