TokyoTokyo Mon - Fri 10:00-18:00 +81 (366) 701-751
info@mountequitygroup.com

Local investor group adds to RV park holdings, expands cold storage business

Mount Equity Group Tokyo Japan > News > Business > Local investor group adds to RV park holdings, expands cold storage business

The company’s new campground is in western Massachusetts. (Photos courtesy of 1850 Investments)

Yogi Singh, Stewart Garland and Pushkal Basavaraj continue to show their appetite for campgrounds and nuts.

The trio, through their firms, National Land Lease Capital and AgCold, have made two additions to their business this summer.

Last month, in the foothills of western Massachusetts, they purchased Prospect Mountain Camping Resort for around $8 million.

Closer to home in Suffolk, they netted a large new customer for their cold storage operation.

Yogi Singh

The Prospect Mountain deal is the tenth campground and RV park the group has purchased in recent years and is the farthest north they’ve traveled for an acquisition to-date.

“It provides for a good beachhead in that geography,” said Singh.

Located in Granville, Massachusetts, near the Berkshires mountain region, Prospect Mountain campground is 140 acres and houses 240…

Read more…