Summary：Firm Capital Property Trust Lands Exciting $218M Deal for 10 Home Communities Toronto, July 21, 202

Firm Capital Property Trust Lands Exciting $218M Deal for 10 Home Communities
Toronto, July 21, 2025 – Firm Capital Property Trust (FCPT) announced today the purchase of ten manufactured‑home communities (MHC) across western Canada for a total consideration of approximately $218 million. The transaction instantly elevates FCPT to one of the nation’s largest owners of MHC assets and reinforces its strategy of building a geographically balanced, diversified real‑estate platform that spans grocery retail, industrial and multi‑residential sectors.

**Key Developments**
The portfolio comprises roughly 4,200 pad sites located in Alberta, Saskatchewan and Manitoba, with an average occupancy rate of 92 % at closing. FCPT financed the acquisition through a combination of existing cash reserves, a new senior unsecured note issuance and a draw on its revolving credit facility, keeping leverage well