BOSTON -- October 13, 2026 — The Broadway Company, a multi-family and manufactured housing company, in partnership with Parkstone Communities, has announced the purchase of Heathermoor Estates, a 116-lot manufactured housing community in Moody, Alabama.
Heathermoor Estates sits about 25 miles east of downtown Birmingham, along the Interstate 20 corridor in St. Clair County.
"We have been investing in Alabama for over six years, and we love doing business in this state," said Tana E. Weissman, CEO at The Broadway Company. "Heathermoor is a well-maintained community in one of the Birmingham area's fastest-growing suburbs, and we are excited to continue growing our presence here. We look forward to investing in the community and providing residents with high-quality, professionally managed housing."
Heathermoor Estates will be managed by Parkstone Communities. Parkstone owns and operates several manufactured housing communities in the area, including Cahaba Estates in nearby Trussville. Its existing local team, vendor relationships and operating platform will allow it to deliver responsive, resident-centered service from day one.
"We're grateful to The Broadway Company and to everyone who worked so hard to get this transaction across the finish line,” said Sam Turner, Founder of Parkstone. “Heathermoor is a natural fit alongside Cahaba Estates just down the road, and it reflects how we like to grow: thoughtfully, one well-located community at a time. We're excited to welcome the residents of Heathermoor and bring the same commitment to service, integrity and community pride that guides every Parkstone property.
The acquisition adds to The Broadway Company's growing portfolio of manufactured housing communities. The firm continues to pursue targeted expansion of the asset class in Alabama and other core markets nationally.