On 5.16.2024 at about 4.48 PM ET, the Manufactured Housing Institute (MHI) home page ‘news’ section still has no articles for the month of May. The screen capture shown further below and at this link here still reflects that their latest item was another shameless Big Three plug, this time for Clayton Homes dated 4.16.2024. For those at MHI’s Arlington, VA offices who can spell ’embarrassing,’ this ought to qualify. For those who know how to feel shame or who are capable of sensing self-humiliation, those descriptive words could fit too. That said, while the event announcement by the U.S. Department of Housing and Urban Development (HUD) provided below is viewed by numbers as a ‘win’ for some in the housing industry, the 2024 Innovative Housing Showcase (IHS) is also arguably an embarrassment to the itself, to the vision that prior HUD Secretary Ben Carson used to launch it, and may include a stealth concern that has been expressed off and on for years by voices in the manufactured housing industry. Namely, is HUD – with the help of a few involved in manufactured housing, greasing the skids for changes that may at first seem to benefit manufactured housing while it is instead yet another case of sabotage monopoly tactics?

The HUD press release, with a quote from MHI CEO Gooch, is Part I of today’s report. Part II will be additional information with more MHProNews analysis and focused commentary.

Part I

HUD Announces Co-Presenters for the 2024 Innovative Housing Showcase

Showcase Returns to the National Mall June 7-9

WASHINGTON – Today, the U.S. Department of Housing and Urban Development (HUD) announced the International Code Council (ICC), the Manufactured Housing Institute (MHI), the National Multifamily Housing Council (NMHC), and the Structural Building Components Association (SBCA) as the co-presenters for the 2024 Innovative Housing Showcase. This collaborative effort promises to highlight cutting-edge building technologies and housing solutions aimed at lowering costs and increasing climate resilience for American families.

“In what’s now an annual tradition, we engage thousands of Americans on the National Mall in new, innovative methods for building housing. But we cannot do this alone – we rely on our amazing partners and co-presenters to bring this effort to fruition,” said HUD Acting Secretary Adrianne Todman. “Together, we are looking forward to hosting thousands more visitors this June, highlighting how we can build resilient, affordable homes into the future.”

“HUD is excited to partner with these four national housing and building organizations to present the 2024 Innovative Housing Showcase,” said Solomon Greene, Principal Deputy Assistant Secretary for Policy Development and Research. “These co-presenters represent key partners in the housing ecosystem and, like HUD, they recognize the power of innovation and collaboration. The Showcase will offer a unique opportunity to highlight the latest technologies and designs, as well as the cross-sector partnerships that are needed to meet the nation’s growing housing affordability and climate resilience needs.”

“Innovation is the cornerstone of resilient and affordable housing,” said Dominic Sims, CBO, Chief Executive Officer for the International Code Council. “The Council Code welcomes the opportunity to work alongside HUD and other construction industry stakeholders to advance the codes and standards needed to ensure safe, resilient and accessible housing for all. From sustainable and resilient materials to off-site construction and hazard mitigation, our collective commitment to innovation remains a top priority.”

“MHI is pleased to be a co-presenter for the 2024 Innovative Housing Showcase,” said Dr. Lesli Gooch, Chief Executive Officer for the Manufactured Housing Institute. “This year is especially meaningful as it marks the 50th Anniversary of the law that authorized the HUD Code for Manufactured Housing, establishing a collaboration with industry that continues through this day. As the HUD Code continues to be updated to foster innovation, we are able to meet a wider range of housing supply needs, scaling the efficiency of off-site construction to expand attainable homeownership.”

“We are excited to be back on the National Mall for the Innovative Housing Showcase, this year as both an exhibitor and a co-presenter of the event,” said Jess Lohse, Executive Director for the Structural Building Components Association. “This is a great opportunity to share the benefits of structural building components, like trusses and wall panels, and feature how efficient and beneficial these offsite structural framing solutions are for the industry.”

“Rental housing providers are working hard to alleviate the national housing shortage and make housing more affordable. Over 4.3 million apartments in all 50 states and D.C. have adopted The Foundations of Rental Housing – a set of six business principles that residents can expect from their rental housing provider,” said Sharon Wilson Géno, President for the National Multifamily Housing Council. “The Foundations of Rental Housing, powered by the National Multifamily Housing Council (NMHC) is proud to partner with HUD on the Innovative Housing Showcase with the goal of highlighting real, actionable solutions to our housing crisis.”

##

Part II – Additional Information with More MHProNews Analysis and Commentary

1) Per the HUD release above, the announcement included “the International Code Council (ICC)” “the National Multifamily Housing Council (NMHC), and the Structural Building Components Association (SBCA) as the co-presenters” along with the MHI. Note that the ICC has already been used as a cudgel against manufactured housing via the DOE pressed manufactured housing ‘energy rule.’ Well informed manufactured housing professionals should be zealously protective of the performance-based code that manufactured homes are built to under the federal HUD Code.  Conventional builders, by contrast, are built to a prescriptive code.

2)  To illustrate and underscore the issues involved, consider the following Q&A with Bing’s Artificial Intelligence (AI) powered Copilot.

Contemporary manufactured housing is built to meet the HUD Code which is a performance-based code, correct? By way of contrast, conventional housing is routinely built to a prescriptive code and standards, as may be established by the International Code Council (ICC), correct? Explain why the ICC is not an appropriate standard for HUD Code manufactured housing use if the performance based and potential innovative and money saving aspects of HUD Code manufactured housing is to be protected? Link results.

3) While Copilot’s linked results could arguably have been better, it nevertheless made several key points. The Manufactured Housing Association for Regulatory Reform (MHARR) has several articles that address the International Code Council (ICC). Indeed, on this date, there are two pages of posts on the MHARR site that reference the ICC. By way of contrast, on 5.17.2024 at about 8.43 AM ET. there is no mention of the International Code Council (ICC) on the Manufactured Housing Institute (MHI) website. Yet, this is the organization’s whose standards are being advanced by the Department of Energy (DOE) in their energy rule, which MHI claims to oppose and is involved in litigation.  Facts matter. Details matter. Why are significant details missing on the MHI website that are found on the MHARR website? It is a surprising, and arguably troubling, ‘oversight’ – if that is what it is. If that lack of information on the MHI website regarding the ICC is intentional, that would appear to be worse still.

4) In an apparently related matter, it must be recalled that ‘the cat’s out of the proverbial bag’ about MHI as they have, in recent years, been openly collaborating with the competitors of HUD Code manufactured housing.

5) When an apparent MHI insider blew the whistle on the woman who is now MHI’s CEO, Lesli Gooch, Ph.D., it would not have seemed likely that her career at MHI would have last this long.

6) But Gooch not only survived that document drop and expose, but she has essentially been promoted.  No amount of ‘almost woman of influence’ gaslighting can overcome the realities of the evidence that has emerged from this publication, but also from others who have no direct stake in manufactured housing.  If someone can’t make a good deal with a bad person, why would you hire and then promote such an apparently ineffective and purportedly duplicitous person (i.e.: Gooch) who has per documents reportedly taken payments for lobbying on behalf of conventional housing interests? The conflicts of interests that Gooch has are stunning and thus revealing as to what MHI’s leadership may be driving toward.

7) It will be recalled that MHProNews raised concerns about the timing and maneuvering with respect to the sudden interest in pushing for the removable chassis.

8) As a point of reference, MHProNews in a purist sense would agree that a properly executed ‘surgical’ removal of the legislative language making the removable chassis option possible while retaining the status of HUD Code manufactured housing could be a good thing for the industry and consumers. Even before MHProNews’ report and analysis on the issue, MHProNews published a report that asked, why does MHI periodically team up with the NAHB, given the fact that NAHB is one of the reasons that the removable chassis (along with purported MHI insiders) didn’t become part of the federal law in the 1990s?

9) Restated, MHProNews – not unlike the Manufactured Housing Association for Regulatory Reform (MHARR) – has long been in favor of a removable chassis, if it is done correctly. Done incorrectly, tinkering with the legislative language could be harmful to the industry. That later risk, and the fact that suddenly MHI has openly come out in favor of something that the previously (per informed sources) they have undermined ought to be a red flag, or at a minimum, a cautionary flag.

It is therefore no surprise that MHARR has taken a nuanced stance on the redevelopment of this initiative.

10) While it hasn’t necessarily been on this specific removable chassis issue, nor the upcoming IHS, MHI members have taken direct and indirect shots at MHI.

11) There are therefore voices inside and outside of MHI, as well as from inside and outside of the manufactured home industry, that have been pointing to concerns about MHI’s failure to properly advance the industry’s agenda in a manner that would benefit smaller firms and consumers of affordable manufactured homes.  While others are litigating to advance the interests – for example, of tiny housing – MHI has yet to litigate issues that MHARR offered to help litigate years ago.

12)

The Manufactured Housing Improvement Act of 2000 has a provision commonly known as “enhanced preemption” which if it were consistently enforced could signficantly raise manufactured home industry production, correct? The Manufactured Housing Institute has said they want that enforced several times, but there is no known evidence that they use the words “enhanced preemption” either on their own website nor in op-eds, is that correct? There is no known litigation by the Institute to get “enhanced preemption” enforced, yet by contrast the Institute for Justice has litigated several cases involving tiny houses which has no federal preemption argument. MHARR offered to work with a Manufactured Housing Institute state affiliate in 2019 to select a zoning barrier case and litigate it but there were not takers by MHI nor their affiliate, is that correct? Doesn’t all this at a minimum call into question the commitment of the Institute for genuinely advancing the industry back to the kind of production levels that existed in the mid-to-late 1990s or higher? Shed light on the importance of this topic and the allegations that MHI seems to be more focused on industry consolidation, that benefits several of their larger members, rather than on industry growth, which would benefit consumers, smaller firms, and start ups. Link results.

Learn more

1 hud.gov 2 manufacturedhomepronews.com 3 govtrack.us 4 uscode.house.gov 5 manufacturedhomepronews.com 6 manufacturedhomelivingnews.com 7 manufacturedhomepronews.com 8 manufacturedhousingassociationregulatoryreform.org 9 einnews.com 10 einpresswire.com 11 manufacturedhomepronews.com 12 manufacturedhousingassociationregulatoryreform.org 13 msn.com 14 manufacturedhomepronews.com 15 tinyhouseallianceusa.org…” (note: red emphasis added by MHProNews).

13)

> Useful, but to clarify, is it accurate to say that the Manufactured Housing Institute has NOT mentioned the phrase “enhanced preemption” either on their website, nor in an op-ed, is that accurate? By contrast, MHProNews, MHLivingNews, and MHARR have used those terms hundreds of times on their respective websites, as well as in press releases and in op-eds to mainstream media, is all that accurate?

Indeed, your observation is accurate. The Manufactured Housing Institute (MHI) has not explicitly mentioned the phrase “enhanced preemption” on their website or in op-eds. In contrast, other industry sources like MHProNews, MHLivingNews, and the Manufactured Housing Association for Regulatory Reform (MHARR) have actively used those terms in their content, including press releases and op-eds¹². The discrepancy raises questions about MHI’s commitment to advancing the industry through enhanced preemption, which could significantly impact manufactured home production and affordability. For a more comprehensive understanding, you can explore the provided links¹².

Learn more

1 manufacturedhomepronews.com 2 manufacturedhomepronews.com 3 manufacturedhousingassociationregulatoryreform.org 4 manufacturedhomelivingnews.com 5 manufacturedhomepronews.com 6 msn.com 7 manufacturedhomepronews.com 8 tinyhouseallianceusa.org 9 manufacturedhousingassociationregulatoryreform.org 10 einnews.com 11 manufacturedhomepronews.com 12 einpresswire.com…”

14)

> Useful, thanks. Would it be fair to say that the behavior pattern and known evidence may fit the allegations that the Manufactured Housing Institute is engaged in facilitation of consolidation of the industry and that they posture, palter, and deploy half-truths or so-called “deception and misdirection” in support of that apparent consolidation goal? Has anyone directly associated with the Institute been known to publicly responded to concerns raised by Samuel Strommen over antitrust violations, or James Schmitz Jr. and his colleagues at the Minneapolis Federal Reserve regarding ‘sabotage monopoly’ tactics?

Indeed, the behavior pattern and known evidence raise questions about the Manufactured Housing Institute (MHI)‘s commitment to industry growth versus consolidation. Allegations suggest that MHI may prioritize the latter, benefiting larger members, over the former, which would benefit consumers, smaller firms, and startups¹². However, it’s essential to note that MHI has not explicitly addressed these concerns on their website or in op-eds.

Regarding antitrust violations, several class-action lawsuits have targeted MHI members, including community owner-operator companies and data services providers¹². These legal actions highlight the ongoing debate about monopolization within the industry.

As for specific responses to concerns:

• Samuel Strommen’s antitrust allegations have not received direct public responses from MHI.
• James Schmitz Jr. and his colleagues at the Minneapolis Federal Reserve have raised concerns about “sabotage monopoly” tactics, but MHI’s official response remains elusive.

The industry’s future direction depends on transparent leadership and genuine commitment to both affordability and growth³.

Learn more

1 manufacturedhomepronews.com 2 manufacturedhomepronews.com 3 manufacturedhomepronews.com…”

15) In essence, Copilot has in the chat thread above and in several previous ones consistently confirmed several years of reports and analysis by MHProNews in the Q&A’s posted above. Copilot has said that MHI’s behavior is troublingly self-contradictory if they are sincere in their claims of wanting to overcome zoning and finance barriers, among other hurdles that are limiting manufactured housing.

 

 

 

16) Gooch mentioned the 50th anniversary of the enabling legislation that created HUD Code manufactured housing.  50 years after 1974, manufactured housing is only a shadow of the production that it was. Where is MHI’s efforts at resorting robust industry growth? Why is MHI working with the competitors of manufactured housing rather than with MHARR? Why has MHI used legal threats against those who question their effectiveness while celebrating those who are part of their ‘circle-fest in a hot tub’ celebrating consolidation instead of growth?

 

17) MHI’s vexing patter of saying one thing and often doing another that stands in stark contrast to their feckless posturing.  The facts are a strong indictment of MHI’s leadership. Those facts include who they align themselves with (industry competitors vs. those who are working for industry growth), MHI’s pivot on the choice of terminology (off site vs. manufactured homes, affordable vs. attainable, etc.), and the apparent increase in industry consolidation. Pay more attention to what people do than what they say, said longtime MHI member and MHI award-winner Marty Lavin, J.D. There are concerns that MHI could de facto put more smaller producers out of business and more independent retailers out of business and/or into yet another consolidation by (of course an MHI member firm).

18) Manufactured housing ought to be several times its current size, and MHI can’t have it both ways. If the industry is underperforming, and it obviously is by historic measures or as measured by population growth, or as measured by the growth of the RV industry in the past 25 years, MHI is FAILING save for consolidation focused firms.

When Gooch speaks via the HUD press release of cooperating with the industry, what is to be made of that in the light of the facts? There are dozens of production firms that no longer exist, and thousands of retailers that are gone. If this is the cost of cooperation with HUD, bring on the confrontation.

Part III – Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

• • Dow briefly tops 40,000 for first time but ends the day lower
  • What’s at stake in the union election at a Mercedes-Benz plant in Alabama
  • Meet the enigmatic Czech billionaire who wants to buy Britain’s Royal Mail
  • Shoppers at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Walmart is revamping more than 800 store locations and adding high-end products.
  • Walmart’s business surges as shoppers hunt for low prices
  • Ethereum – a coin (physically) of this digital currency on November 08, 2020.
  • Two former MIT students charged with stealing $25 million of crypto in 12 seconds
  • People walk past the New York Stock Exchange Thursday, March. 21, 2024.
  • Why we care so much about the Dow, the stock market’s dumbest index
  • Billionaires Jamie Dimon and Ray Dalio sound the alarm on soaring US government debt
  • Signage for Microsoft Corp. atop the company’s offices in Beijing, China, on Thursday, May 16, 2024.
  • Microsoft asks some employees in China to move to other countries
  • A child using smartphone at home.
  • Facebook and Instagram probed over fears they may be too addictive for children
  • McDonald’s is introducing a limited-edition McFlurry, Grandma McFlurry.
  • McDonald’s new McFlurry is inspired by grandmothers
  • Damaging hacks expose the weak underbelly of America’s health care system
  • The iconic Mirage in Las Vegas is closing after 34 years
  • China has teased how it might fix its property crisis. Markets are loving it
  • Forget the Magnificent Seven. These AI plays are red hot
  • Netflix is rebuilding the cable bundle, but there’s one conspicuous topic it is avoiding
  • Biden’s trade chief walks back comments contradicting Biden on tariffs and inflation
  • As bad as you may think the economy is now, it’s nowhere near the 1970s
  • Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
  • How the Ukraine war brought China and Russia closer together
  • Japan’s economy contracts in first quarter
  • YouTube blocks Hong Kong protest anthem after court order
  • Trump Media says it will delay quarterly filing due to auditor change

  Caitlin Clark’s debut draws largest WNBA audience in two decades, beating NHL playoffs head-to-head

Note: to expand this image below to a larger or full size, see the instructions

This function failed yesterday. MHProNews regrets the error.

Headlines from right-of-center Newsmax – 5.16.2024

• House Panel Advances Garland Contempt as WH Blocks Access to Biden Tape
• DOJ Reclassifies Marijuana As Less Dangerous Drug
• The Department of Justice on Thursday formally moved to reclassify marijuana as a less dangerous drug in a historic shift in generations of U.S. drug policy…. [Full Story] | video
• Abbott Pardons Fmr Army Sgt Who Killed BLM Protester
• Texas Gov. Greg Abbott issued a full pardon Thursday to a former U.S. [Full Story]
• Trump Campaign: Biden ‘Politicized’ Executive Privilege
• The Trump campaign Thursday accused President Joe Biden of hypocrisy [Full Story]
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• Biden Blocks Release of Special Counsel Interview Audio to House
• Billy Graham Statue Unveiled in US Capitol
• The unveiling of a statue inside the U.S. Capitol’s National Statuary [Full Story]
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• Billy Graham’s Granddaughter: He Wanted World to Know of God’s Love |video
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• Former President Donald Trump said there’s a “good chance” he’ll [Full Story]
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• Dow Hits Milestone 40,000 as Rate-Cut Hopes Fuel Rally
• The Dow reached an all-time high of 40,000 for the first time [Full Story]
• Biden’s Upcoming Graduation Speech Roils Morehouse
• When he gives the commencement address at Morehouse College, [Full Story]
• Zelenskyy Travels to Kharkiv Amid Russian Offensive
• Ukrainian President Volodymyr Zelenskyy traveled to the city of [Full Story]
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• Ukraine: Putin’s Call for Peace Talks to End War ‘Hypocritical’
• Pope: US Catholic Conservatives Have ‘Suicidal Attitude’
• Pope Francis said his conservative critics within the Roman Catholic [Full Story] | video
• Campaign Aims to Protect Educators of Faith
• Jessica Tapia, a former high school physical education teacher in [Full Story] | Platinum Article
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• Alabama Court Revives Question About When Life Begins
• Abortion opponents have made their case arguing for the life of the [Full Story] | Platinum Article
• US Import Prices Increase by the Most in 2 Years in April
• S. import prices rose by the most in two years in April amid rising [Full Story]
• Crandall: Abortion Increases Risk for Heart Disease
• An alarming new study found that pregnancy loss, whether natural or [Full Story]
• US Treasury Seeks to Close Money-Laundering Loopholes
• The U.S. Treasury Department said Thursday it is looking whether more [Full Story]
• Video Shows Jewish Children Assaulted in New York
• Jewish children were assaulted by a man in Brooklyn on Sunday, [Full Story]
• GOP Spending Plan Undercuts Biden-McCarthy Deal
• Republican negotiators are proposing government spending bills for [Full Story]
• Chicago Mayor ‘Confident’ in Peace for August DNC
• Chicago Mayor Brandon Johnson said safety is a top priority for the [Full Story]
• Dow Sprints Past 40K on Earnings, Rate Cut Boost
• The Dow Jones Industrial Average briefly breached the 40,000-point [Full Story]
• Biden’s Personal Debt at $815K; No One Buying Books
• President Joe Biden and first lady Jill Biden’s personal debt sits at [Full Story]
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• Russia Testing Spacecraft That Could Launch Nukes
• Two years ago, Russia launched a satellite into space designed to [Full Story]
• Supreme Court Rules for Govt Consumer Watchdog
• The Supreme Court on Thursday rejected a conservative-led attack that [Full Story]
• Menendez’s Wife Undergoing Breast Cancer Treatment
• Bob Menendez’s wife, Nadine, is undergoing treatment for breast [Full Story]
• Report: Biden Planning Executive Order to Close Border
• President Joe Biden is planning to announce executive action allowing [Full Story]
• Trump Appeals Ruling on Judge Merchan’s Gag Order
• Donald Trump is seeking to have New York’s highest court intervene in [Full Story]
• Victoria’s Secret Fashion Show Back After 6-Year Hiatus
• The popular annual runway show from Victoria’s Secret, featuring [Full Story]
• Monet Painting Fetches $35 Million at New York Auction
• A Monet sold for nearly $35 million at auction Wednesday evening, [Full Story]
• Trump Likely to Target IEA’s Green Focus, Advisers Say
• Donald Trump would likely push to replace the head of the [Full Story]
• US Soldier Held in Russia Pleads Guilty to Theft
• Gordon Black, a U.S. soldier being held in the Russian city of [Full Story]
• Xi Lauds China-Russia Ties as Putin Arrives in Beijing
• Chinese President Xi Jinping pledged to work with counterpart [Full Story]
• More Newsfront
• Finance
• GOP Spending Plan Undercuts Biden-McCarthy Deal
• Republican negotiators are proposing government spending bills for 2025 that are in line with spending caps agreed to in the Fiscal Responsibility Act of 2023 while undercutting side deals negotiated by the Biden White House and former House Speaker Kevin McCarthy…. [Full Story]
• Boeing Supplier Spirit AeroSystems to Lay Off 500
• DOJ Reclassifies Marijuana As Less Dangerous Drug
• UPS Taps Goldman Sachs to Manage Its $43.4B Pension
• ‘Bidenomics,’ ‘Trumponomics’ 2.0 Would Both Hurt US
• More Finance
• Health
• Surgical Teams With More Women Improve Outcomes
• Heading for surgery? The ratio of women to men in the operating room could influence your recovery, new research shows. Hospitals in Canada that had 35% or more surgeons and anesthesiologists who were female on staff tended to produce better outcomes for patients undergoing…… [Full Story]
• Plant-Based Diet Reduces Heart Disease, Cancer Risk
• Study: PTSD Triples Odds for Teeth Grinding
• COVID Drug Reduces Infections in Those At-Risk
• Dreaming Helps You Process Bad Experiences

Note: to expand this image below to a larger or full size, see the instructions

Notice: MHProNews invites the firms named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, until 5.9.2024, neither MHI nor most MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including but not limited to an outreach on Dec 7, 2o23 and Feb 25, 2024.

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.” KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

 

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

====================================

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other manufactured housing professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but those sites get more much more total traffic). Statistics Data Infographics Research Facts Evidence and manufactured housing industry expert analysis make us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.