EPISODE · May 1, 2026 · 48 MIN
#144 Manufactured Housing & Storage Investing with Matthew Ricciardella
from Alt Funds Network · host Mike Schroeder, Matthew Ricciardella
Find us online: https://altfunds.io/ Email us with topic ideas: [email protected] Spotify: https://bit.ly/4afXcan Apple Podcast: https://apple.co/4akXAUS 👇 Click Below to be a guest on our video podcast: 👇 https://forms.gle/eUNLxbPj5utv8bar7 Connect with Matthew Ricciardella: firm website: https://www.crystalviewcapital.com/ firm linkedin: https://www.linkedin.com/company/crystalviewcapital Timestamps: 00:00 Welcome and Episode Preview 00:59 Meet Matthew Ricciardella 01:46 From Dropout to Realtor 03:07 First Duplex Breakthrough 03:50 Scaling Into Commercial 06:32 Why Storage and MHC Win 07:56 Launching Crystal View Funds 10:02 Fund One Playbook 12:59 Exit Timing and Regrets 14:35 Evergreen Fund Strategy 16:13 Off Market Deal Flow 19:53 Vertical Integration Edge 23:39 Owner Mindset Wins 24:43 Skin in the Game 26:54 Underwriting Returns 28:55 Capital Deployment Strategy 31:07 Conservative Leverage 32:14 Buy Cash Then Refi 33:36 HELOCs and Optionality 34:47 Biggest Losses Lessons 37:28 Culture and Team Fit 39:30 Market Trends 2026 41:43 Manufactured Housing Myths 43:26 Consolidation and Rollups 44:29 Tech and AI Operations 46:27 Take Action Closing Bigrock by Kevin MacLeod (incompetech.com), Licensed under Creative Commons: By Attribution 4.0 License https://creativecommons.org/licenses/by/4.0/ Disclaimer: Alt Funds Network LLC and its affiliates, episode guests, and the companies they represent do not provide tax, legal or accounting or investment advice. This material has been prepared for informational and educational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal, accounting, and investment professionals before engaging in any transaction or making any financial or legal decision based on your specific situation.
What this episode covers
Background: Matthew Ricciardella is the Founder and Chief Executive Officer of Crystal View Capital. He is a member of Fund II-IV’s Investment Committee and Management Committee. With over 20 years of experience in the real estate industry, he has personally been a principal in over $1B in real estate transactions and presently has ~$600M in assets under management across the various Fund’s that he sponsors. Description: Mike Schroeder interviews Matthew Ricciardella, CEO of Crystal View Capital, about his path from a college dropout and residential realtor to a real estate investor and fund manager focused on manufactured housing communities and self-storage. Matt shares how cold-calling and buying properties below market launched his career, why these asset classes performed well through 2008–2010, and how Crystal View scaled from a $10M Fund I (about 45% gross IRR over a 7.5-year hold) to larger funds, including a $200M Fund IV. He explains the advantages of off-market sourcing, proprietary data, and vertical integration through in-house management, as well as conservative leverage, acquisition and refinancing strategy, and disciplined underwriting. Matt discusses lessons learned, including regrets about selling assets and the importance of culture, and highlights ongoing demand for affordable housing, static supply in manufactured housing, industry consolidation, and selective uses of AI in operations.
NOW PLAYING
#144 Manufactured Housing & Storage Investing with Matthew Ricciardella
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.