Manufactured Housing Properties Inc. announced that On July 28, 2023, Vira Turchinyak resigned from her position as Chief Financial Officer of the Company. Ms. Turchinyak?s resignation was not due to any disagreement with the Company on any matter relating to the Company?s operations, policies or practices. Raymond M. Gee, the Company?s Chairman and Chief Executive Officer, has been appointed to the position of Chief Financial Officer.

Raymond M. Gee has served as Chairman and Chief Executive Officer since October 2017 as a result of the merger of Mobile Home Rental Holdings LLC with the Company. Mr. Gee has 30 years of experience in commercial real estate, development, and structured finance. He has also served as the chief executive officer of Gvest Capital LLC, which provides management and administrative services to various investment and asset ownership entities, since 2012.

Prior to forming Gvest Capital LLC, he was the head of real estate and structured products for Royal & Sun Alliance and oversaw a multi-billion-dollar diversified portfolio. Previously he headed the Latin American real estate practice for Arthur Andersen in Mexico City. Mr. Gee is a graduate of the University of Oklahoma with a BBA in finance/real estate.