Established 2009
Family-Owned Operators
At Comfort Capital, we pride ourselves on offering a seamless and transparent investment experience in Manufactured Housing Communities. Our seasoned team, backed by years of industry experience, ensures that every step of the investment journey is handled with utmost care. From meticulous investment selection to a vertically-integrated management approach, we prioritize investors’ interests. With Comfort Capital, you’re not just investing; you’re partnering with a team dedicated to maximizing returns and uplifting the communities we serve.
We believe that in order to achieve success in life and in business, you must first have a rock solid foundation. In our case, this is our faith in God. With that in mind, we strive to provide an experience within our communities that is unlike any other. We pride ourselves on the cleanliness and affordability of our properties. Our goal is to provide a community that anyone would be proud to call HOME.
The Origins of Comfort Capital
The Comforts began their journey in 2008 when Wayne Comfort, a San Diego construction developer with a blue-collar background, introduced his kids to Rich Dad Poor Dad by Robert Kiyosaki. The book inspired Wayne, his son Blake who had just graduated high school, and his daughter Jennifer who had just started at SDSU, to set a goal of $20,000 per month in passive income. Lacking the knowledge to get there, they borrowed $26,000 from their grandmother to attend an investment education program. At the time, they didn’t have the money, but they had the drive.
That program opened their eyes to manufactured housing communities, a niche, cash-flow-rich asset class they had never considered. Soon after, in 2009, they toured parks across Colorado, Pennsylvania, and other states before finding their first acquisition, a 28-space community in Brighton, Colorado. They didn’t have the cash for the earnest money, so they put it on a credit card. With the deal closed, Comfort Capital & Comfort Communities was officially born. Blake took the lead on acquisitions and vision, Jennifer handled management and accounting, and Wayne oversaw strategy. This isn’t a story of a wealthy father paving the way for his children, it’s the story of a father with modest means teaching his kids to become successful investors through grit and real estate.
Midway through one of their earliest deals, Wayne lost his sight entirely. Suddenly, Blake was acting as his father’s guide, walking him through properties and describing every detail. Jennifer, still in college, took on heavier operational and financial responsibilities, applying and sharpening her property management skills. It was an incredibly difficult season for the family, but it gave Blake a seat at the table with seasoned developers and operators in San Diego, and it pushed Jennifer to grow into a highly capable operator. Those lessons became the foundation for the company’s discipline, resilience, and long-term vision.
In the early years, there was no playbook, no guide, and no established process—only hard work, trial and error, and figuring it out as they went. In 2015, they brought on Tide Eldridge as COO of Comfort Communities to oversee day-to-day operations, giving Blake and Jennifer the ability to focus more heavily on acquisitions, capital formation, and portfolio strategy. From 2015 to 2022, Comfort Capital committed fully to the Sunbelt, exiting all Colorado holdings to avoid cold-weather operational challenges. They doubled down in Phoenix and Tucson while expanding into Nevada, acquiring 19 communities totaling more than 1,625 spaces. Over $100 million in real estate was purchased during this period, supported by approximately $45–50 million in equity raised from investors. This era was defined by scaling the team, refining operational systems, and building a reputation as a disciplined, relationship-driven operator.
Today, Comfort Capital owns 25 communities with four more under contract, representing over 2,300 spaces in operation and another 314 spaces pending acquisition. The portfolio spans Arizona and Texas, with strategic concentrations in Phoenix, Tucson, and DFW. Between Comfort Capital and Comfort Communities, the company employs 65+ team members across acquisitions, investor relations, day-to-day management, accounting, leasing, and more. The firm currently manages a gross asset value of $300 million and is executing on a five-year plan to scale to $1 billion in assets under management by 2030. With a strong track record of disciplined acquisitions and capital management, Comfort Capital has never lost investor money nor had a capital call while continuing to expand its footprint, staying rooted in the same family-driven values that started the journey in 2009.
Our History
2009 - 2025
Founded & Acquired First Communities
- 2009 - 2011
After attending a Rich Dad Poor Dad seminar, the Comfort family realized they wanted to build a business focused on cash flow and passive income. Their search led them to manufactured home communities, an asset class that aligned perfectly with that vision. In 2009, Comfort Capital was established by father and son duo Wayne and Blake Comfort, with Blake’s sister Jennifer joining to lead management operations. That same year, they acquired their first community (a 28-space property in Brighton, Colorado) marking the start of their journey in the MHC space.
In 2010, the family expanded their footprint with the acquisition of a second Colorado property, further validating their investment model. They continued actively searching for opportunities through the end of 2011, and by that time had grown their portfolio to over 65 spaces, setting a strong foundation for the years ahead.
Sunbelt Expansion
- 2012 - 2016
By 2012, the Comfort team made the strategic decision to shift focus away from Colorado and the challenges of cold-weather operations, such as freezing water lines and seasonal risk, and target the stronger, more stable Arizona manufactured housing market. Arizona offered year-round demand, a growing population, and one of the best climates and economies nationwide for MHC investments.
That year, they completed their first Arizona acquisition: a 69-space community, marking the beginning of their Sunbelt expansion. From 2013 through 2016, the team aggressively grew their presence across key Arizona markets—including Phoenix, Tucson, Mesa, Peoria, and Cottonwood—acquiring five additional communities. By the end of 2016, Comfort Capital’s holdings had expanded to a total of 454 spaces, establishing a dominant foothold in some of the state’s most sought-after MHC locations.
Continued Growth
- 2017 - 2022
Building on the momentum from the Arizona expansion, the Comfort team made the strategic decision to fully commit to the Sunbelt region. In 2018, they completed the full exit from all Colorado holdings, eliminating the operational challenges of cold-weather markets. With a sharpened focus, they continued acquiring high-quality assets in Arizona, particularly in the Phoenix and Tucson metros, and expanded into new territory with the purchase of three manufactured home communities in Las Vegas, Nevada.
This five-year period marked a phase of strong growth and consistent performance. From 2017 to 2022, Comfort Capital closed on 19 MHC acquisitions, totaling more than 1,625 spaces across the portfolio. These transactions represented over $100 million in real estate purchased and approximately $45–50 million in equity raised from investors. The expansion strengthened their presence in the nation’s strongest manufactured housing markets and reinforced their reputation as a leading operator in the Sunbelt, known for scaling strategically while maintaining a disciplined, relationship-driven investment approach.
Reaching New Heights
- 2023 - 2024
The 2023–2024 period marked one of Comfort Capital’s strongest phases of growth and portfolio optimization. Over these two years, the team sold six communities—totaling 495 spaces—for $43 million, leveraging 1031 exchanges to redeploy capital into higher-performing assets. They also recapitalized two existing communities, unlocking additional capital for reinvestment.
On the acquisition side, Comfort Capital added seven new communities in Arizona’s Phoenix metro, totaling 811 spaces, and entered the Dallas–Fort Worth market with the purchase of their first Texas asset—expanding their footprint into another premier MHC market. In total, these acquisitions represented over $90 million in real estate purchased and more than $60 million in equity raised.
During these years, the company placed a strong emphasis on sourcing off-market opportunities, carefully selecting each property for quality, performance potential, and long-term stability. Many of these acquisitions rank among the cleanest parks in the portfolio and are projected to be some of the best-performing assets in Comfort Capital’s history.
Where We Are Today
- 2025
Now in its 16th year, Comfort Capital continues to build on a proven track record of disciplined growth and high-performing assets. 2025 is already on pace to be one of the company’s strongest years to date. To date, we’ve closed on 167 spaces in DFW and are under contract for an additional 314 spaces in our target market of Phoenix.
Today, Comfort Capital’s portfolio includes 25 communities with 4 more under contract, representing 2,300+ spaces in operation and another 314 spaces pending acquisition. The company’s footprint spans Arizona and Texas, with strategic concentrations in the Phoenix, Tucson, and Dallas–Fort Worth markets. Comfort Capital and its management arm, Comfort Communities, employ over 65 team members, supporting day-to-day operations and long-term growth.
With a current gross asset value of $300 million, the company is executing on a clear five-year plan to scale to $1 billion in assets under management by 2030, leveraging its experience, relationships, and operational excellence to deliver consistent results for both residents and investors.
Learn More About the Comforts
The Origins of Comfort Capital:
Jen & Blake's Story
In this CashFlow Quest Podcast episode, Blake and Jennifer open up about the family values, resilience, and teamwork that have defined Comfort Capital’s growth. They share how working side-by-side through their father Wayne’s sudden blindness — while managing early acquisitions and a major development project — forged their commitment to integrity, follow-through, and operational excellence. It’s a behind-the-scenes look at how those formative years shaped the company’s culture, leadership style, and long-term vision, offering a more personal perspective on what drives Comfort Capital today.
How I Turned -$26,000 into $300M+
In this video, Blake breaks down how borrowing $26,000 from his grandmother set him on the path to manufactured housing communities and financial freedom. He shares the pivotal moments — from early deals and raising capital with no track record to overcoming personal and operational challenges — that shaped his approach to business. That initial leap of faith has grown into Comfort Capital, a $300M+ AUM MHC investment platform built through discipline, persistence, and a long-term vision with over 25 communities and 2,300+ spaces under management.
From 0 to 25 Mobile Home Parks:
The Story of Blake Comfort
In this Mobile Home University interview with Frank Rolfe, Blake Comfort shares how he went from no industry experience to owning and operating 25 mobile home communities. He discusses the strategies that fueled his growth, including sourcing off-market deals, structuring smart financing, optimizing operations, and building an efficient management platform. The conversation offers practical insights and real-world lessons for anyone looking to scale in the manufactured housing space while maintaining long-term stability and performance.