/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Nov. 22, 2022 /CNW/ - Flagship Communities Real Estate Investment Trust ("Flagship" or the "REIT") (TSX:MHC) (TSX:MHC) today announced it has agreed to acquire a resort-style Manufactured Housing Community ("MHC") in the key market of Marblehead Ohio, where Flagship has an existing market presence for approximately US$7.8 million. The Marblehead community is fully occupied, comprising 100 lots with each home including a boat slip as well as access to a community swimming pool.