Norm Sangalang is a key member in the CBRE Manufactured Housing Group and heads the National Park Brokers in the West and Rick Jebb in the Midwest/East. As an integral team within CBRE’s park specialty group, our team has closed over 300 sales transactions exceeding $1 Billion in actual sales volume (not including appraisal or lending). The National Park Brokers are a fully integrated team of seasoned park specialists with over 70 years of direct park sales experience strategically based from the Chicago Metro area (since 1986) and California (since 1994).
Norm started his career on the investor side in the 1990s and gained a diverse perspective of the commercial real estate world working at Colliers, Comps Inc. (CoStar) and Business Real Estate Brokerage (now Cushman & Wakefield). Seeing the advantages of the park industry, he shifted focus away from NNN and other commercial sales in 1998 to focus only in the MHRV sector, for which Vince and Norm coined the term in 1999. This led directly to the co-founding of one of the most successful and respected independent park brokerage firms in the Western United States prior to joining CBRE.
His intimate understanding of the segment is further enhanced by both owning and managing mobile home parks. Norm is frequently on expert panels pertaining to mobile home park and RV park sales and financing at mobile home and RV park related trade shows, conventions and other commercial real estate related venues.
- 2015 CBRE Top Property Sales Specialty Practice Producer
- Over 300 Sales Transactions from California to New York
- Total Well Over $1 Billion (excluding appraisal and loans)
- National Record Price Per Space (2013)
- $165,000,000 Institutional MHC Portfolio
- #1 and #3 Largest Transaction in the San Diego CBRE Office 2013
- Co-founder of MHRV Advisors