Frank is a Key Principal of AHCF Management, LLC, the Fund Manager for the Affordable Housing Community Funds, and MHP Funds, LLC, the marketing arm for those Funds. MHP Funds and their affiliated companies are believed to have a portfolio containing the 5th largest number of mobile home lots, and the 3rd largest number of Mobile Home Parks in the country, with over 28,000 lots in over 280 parks in 32 states.
Frank has been in the mobile home park industry since 1996, when he purchased his first park in Dallas, Texas. Since that time, Frank has owned and operated over 130 mobile home parks throughout the Great Plains and Midwest. Recently, he and his partners were the subject of articles in the New York Times, Bloomberg, and numerous other publications and television shows, focusing on the affordable housing industry in the U.S.
Prior to his entry into the mobile home park sector, Frank built from scratch the largest privately-owned outdoor billboard company in Dallas/Ft. Worth, which he sold to Universal Outdoor (now Clear Channel) in 1996. He additionally bought a large Los Angeles outdoor billboard company, Leonard Outdoor, as a turn-around in 1999, and eventually sold it to Heywood Outdoor of San Bernadino.
In addition to his duties at MHP Funds, Frank co-owns Mobile Home University, which is the leader in educational information on the mobile home park industry, and provides six classes per year on mobile home park acquisitions and operations. Virtually all of the industry-specific lenders, brokers, buyers – even the children of the largest portfolio owners in the U.S. – have attended these classes.
Frank has an A.B. in Economics from Stanford University. He lives, with his wife and daughter, in Ste. Genevieve, Missouri, where he volunteers as President of the Landmarks Association and serves on the Board of the Valle Catholic School. He is also a member of the Lions Club, and teaches classes for Junior Achievement each year.