RV Resorts Remain Solid Investment Despite Economic Downturn

"With news headlines sounding alarms like, 'Joblessness on the Rise,'
'Mortgage Crisis Unfolds,' 'Record-Breaking Oil Prices,' and 'Recession
Looms,' one could easily assume that the U.S. economy is in for a
dramatic downward spiral" says Leon D. Meekcoms, President of Parkbridge
Capital Group, Inc. (www.parkbridgecapital.com), a privately held real
estate investment, acquisition, and brokerage firm.

With news headlines sounding alarms like, "Joblessness on the Rise,"
"Mortgage Crisis Unfolds," "Record-Breaking Oil Prices," and "Recession
Looms," one could easily assume that the U.S. economy is in for a
dramatic downward spiral. Just as with other stories in the news,
however, reality is much more subtle than the headlines. Although the
short-term outlook for much of the economy is bleak, not every sector
will suffer. "Even though we've seen some dramatic economic shifts –
particularly in the real estate market – RV resorts and manufactured
home communities continue to be sound investments," says Leon D.
Meekcoms, President of Parkbridge Capital Group, Inc.
(www.parkbridgecapital.com), a privately held real estate investment,
acquisition, and brokerage firm.

Meekcoms attributes the strength of the manufactured home and RV resort
markets to two underlying factors: prosperous Baby Boomers on the verge
of retiring are trending toward having affordable second residences,
while vacationers are opting for seasonal recreation within driving
distance of their homes. "Properties within two hours of major cities
and those that are in the Sun Belt will continue to appreciate and
provide the foundation for increasing returns over time," says Meekcoms.

Pre-built resort cottages, commonly referred to as "park models," are
perfect for cost-conscious Boomers. Maxing out at around 400 square
feet, these mini-homes may look like cottages or cabins, but are legally
RVs. "Park models are the ultimate hybrid," says Meekcoms. "They can be
luxurious and have myriad amenities like a house, but without the tax
implications of a permanent residence." Because of the dramatic increase
in the popularity of park homes, manufacturers are enjoying keeping up
with consumer demand.

Similarly, traditional RV manufacturers are seeing strong demand, and
industry insiders estimate that over 8 million families will own
recreational vehicles by 2010. Although one might assume that
record-breaking fuel prices would discourage RV travel, Meekcoms says
that the opposite is true. "Research indicates that those who own RVs
overwhelmingly feel that RV vacations are much less expensive than other
travel options," he says. "What we're seeing is that RV owners are
spending less time on the road and more time at their destinations."

Trends in both park models and RV travel are strong indicators that RV
resort properties are a wise investment, which is why Parkbridge Capital
has focused on this market. "The number of upscale park model and RV
resort communities is relatively small, so demand is sure to outstrip
supply in coming years," says Meekcoms. "We're confident that buying,
upgrading, and expanding existing properties will maximize investor
return while providing Americans with an affordable, or even quite
luxurious way to achieve the lifestyle that they desire."