Poway Royal Estates sale and Poway’s Housing Commission disbandment brought about mixed feelings for their new landlords for the residents of 399-unit Mobile Home Park.

Billy, one of the residents who did not wish to disclose his Second name thought that it was too soon for him to have much opinion about the sale. He said it was nice they were already remodeling but the city should have sold it to them instead of the company which would have made owning the property more like owning their real home.

The residents in May had tried to purchase the park through a bid but was sold and closed two months later at $38.3 million to Chicago-based Hometown America.

Tom Scot thought it was a good move as cities were not good at the management of the property and the private sector was better off doing it. He was the Poway Housing Commission vice president.

The new owners ensured that the old terms of sale still applied to those tenants who were present at the closing apart from rent being raised which brought about concerns from the tenants. Bill Glascott agreed that it gave a sense of stability for the residents. The list of things to be improved would still apply and was almost complete.

However residents of Poinsettia Mobile Home Park preferred and were happier when the city managed the property than the current owners who bought it in 2003 the Wakeland Housing and Development Corporation. An unnamed resident said her rent had increased with $500 than the $1,200 accustomed to. Irvine-based Newport Pacific Capital managed the daily operations of the property.

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