50,000 military families in 38 privatized housing communities see new ownership

Two companies that have been major players in military family privatized housing — Clark Realty Capital and Lincoln Military Housing — have sold their military housing properties.

The Michaels Organization announced Sept. 2 it has bought the eight military housing communities owned by Clark Realty, housing more than 15,000 Army, Navy and Air Force troops and families.

A month later, Liberty Military Housing announced it now owns all 30 privatized housing communities — home to more than 36,000 military families — previously owned by Lincoln Military Housing. Lincoln sold the company to its employees, and the name change reflects the new, employee-owned company.