Maryuri Barberan is comptroller and executive vice president of Pentagon Properties, Inc. Pentagon Properties owns and manages four communities comprising about 500 lots in Georgia and Texas, and has sold over 550 new and previously owned manufactured homes via Lease-Option contracts over the past 32 years. Exceptionally low default rates are achieved with new Community Series Homes (CSH) and very thorough underwriting of L-O “buyers”. Learn More

Spencer Roane, president of Pentagon Properties, Inc., Atlanta, Ga., owns and manages four land lease communities in Georgia and Texas. His firm has over 800 in-community sales transactions on new and previously-owned manufactured homes over the past 40 years.  Almost all were “sold” via Lease-Option contracts and all were new homes since 2010.  Default rates over the past 15 years are among the lowest in the industry due to the structure of the L-O transactions and a very effective application processing system heavily weighted by Debt-to-Income ratios. Learn More