Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 13, 2023, Chelsea H. Gee resigned from her position as Chief
Financial Officer of Manufactured Housing Properties Inc. (the "Company"). Ms.
Gee's resignation was not due to any disagreement with the Company on any matter
relating to the Company's operations, policies or practices.
On January 16, 2022, the Board of Directors of the Company appointed Vira
Turchinyak to the position of Chief Financial Officer of the Company.
Ms. Turchinyak, age 34, is a licensed certified public accountant in North
Carolina and New York. Prior to joining the Company, she served as a Controller
at Cantor Fitzgerald's Real Estate Investment Management group from June 2020 to
October 2021, overseeing accounting and financial reporting for non-traded
REITs, 1031 exchange fund and opportunity zone funds. Prior to that, she was
with AR Global Investments, LLC from September 2018 to June 2020 where she was a
financial reporting manager preparing all Securities and Exchange Commission
filings for a publicly traded REIT with $3.6 billion in assets under management.
Ms. Turchinyak launched her career at PricewaterhouseCoopers, LLP in New York
City where she spent three years as an auditor serving public and private
clients in the real estate industry. Ms. Turchinyak received her BS degree in
Accounting from University at Buffalo.
Ms. Turchinyak was appointed to serve until her successor is duly elected and
qualified. There are no family relationships among Ms. Turchinyak and the
Company's existing directors and officers. There are no arrangements or
understandings between Ms. Turchinyak and any other persons pursuant to which
she was selected. There has been no transaction, nor is there any currently
proposed transaction, between Ms. Turchinyak and the Company that would require
disclosure under Item 404(a) of Regulation S-K.
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