The three Cs, as longer-term manufactured housing pros may recall, are Clayton-Champion-Cavco. The so-called three Cs never really left, although for a time with the merger of Skyline and Champion to get the publicly traded (SKY) name made it expedient and legally accurate to call it Skyline Champion (SKY). From time to time, industry pros would refer to Skyline Champion as just Champion. As the deal with Triad emerged, the signals of the recent formal change by that firm’s corporate board announced the change of the company’s main name in the press release and quarterly report that follows in Part I back to Champion Homes. Hold those thoughts for several beats as we pull back the curtain on some behind-the-scenes realities here at MHProNews, and how it relates to the timing of Part I of this report with analysis.

There are several reports and a range of topics that we routinely have in draft or pending mode. For instance. On this date, 10.5.2024, there are per our editing software a total of 217 articles in Drafts. Some have been there for months, others are more recent, meaning just a few days old.  As regular readers on MHProNews know, we obviously ‘like’ to do quarterly reports on publicly traded companies at MHProNews, because they often have keen insights that when carefully examined cut against the stated narrative of the Manufactured Housing Institute (MHI), their blogger and trade media allies, and the corporate insiders that rule the roost at MHI. But MHProNews is under absolutely no obligations to publish quarterly reports for any company. We could, as a runaway #1 independent publisher of manufactured housing “Industry News, Tips, and Views Pros Can Use” ^© simply stop doing quarterly reports anytime we in our sole discretion want to do so. They are often, on the one hand, a lot of work. Especially doing quarterly earnings call takes hours and hours of detail-oriented effort.

Despite the time and effort needed, those quarterly reports are often among the most popular articles we do in a given month. As noted, some keen insights often emerge from those and other corporate documents which to an expert in manufactured housing reveal clear contradictions between what certain (not all) manufactured housing industry leaders may say and what manufactured housing corporations, trade groups, and others may do.

That said, before diving into Skyline Champion-turned Champion Homes belated quarterly press release, a few more facts and notions are in order.

In the industry-expert editorial view of this publication, the pending 2024 election (November 5, 2024, with many states offering options for early voting which is already underway or soon will be) will be highly consequential for our nation and our industry. There is an evidence-based case to be made that if one political party keeps power the vexing status quo of the last 3½ years of inflation-immigration-international or domestic crises including higher debts with higher interest rates and increasing consolidation of power over the mechanisms of American society will obviously continue. If the currently problematic and harmful to tens of millions of Americans status quo is to be changed, then the control of the U.S. Senate and White House must be changed and ideally the control by the opposition party of the current political regime needs to be expanded.

With that in mind, for months, MHProNews has woven in periodic reports on those macro-US and even occasionally on international issues. While that is unique in the diminished MHVille trade media circles, certainly other trade media in other professions may do something similar to what MHProNews does as an informative service for our industry’s professionals, advocates, and others keen on understanding why HUD Code manufactured homes are demonstrably underperforming during an affordable housing crisis despite significant support made potentially available by existing federal laws that are largely improperly enforced. To anyone that ponders the reality of our leaky borders the failure of this regime to control the flow of migrants into our nation in a lawful and orderly manner it is quite understandable that other federal laws can be downplayed, ignored, or even radically twisted beyond their original intention.

That improper enforcement of existing federal laws is the sad but apparently accurate reality of manufactured housing today.

The manufactured home industry is operating at less than 30 percent of its prior peak in 1998 year to date in 2024 despite the fact that technology and quality has improved, supportive laws have been enacted, and the U.S. population has grown significantly. Why do we have an affordable housing crisis in the U.S.? It could be boiled down to the following.

• A lack of proper enforcement by federal officials of existing laws,
• a lack of proper and clear reporting on those concerns by scores of sources (corporate, associations, non-MHProNews/MHLivingNews trade media and bloggers that are basically (albeit crudely) in bed with MHI,
• and a lack of proper efforts to correct the barriers that keep the manufactured housing industry from achieving its authentic potential.

Mildly like Democrats have Republicans as a so-called opposition party in U.S. politics, in the manufactured housing industry, the opposition of the status quo ‘celebrated’ by the Manufactured Housing Institute (MHI) on their home page for weeks on end of their self-proclaimed “partnership” with HUD (and by extension, a similar implication with other federal agencies and officials), the smaller Manufactured Housing Association for Regulatory Reform (MHARR) may act as a counterweight to a corrupted system of advocacy and regulations.  MHARR has for years laid out the facts on low new home production that MHI has for years avoided sharing monthly with the public. MHARR has for years laid out the facts and then editorialized about how MHI is failing the industry‘s pro-growth and pro-consumer agenda.

But it isn’t just MHARR – or for that matter, MHProNews/MHLivingNews – that have publicly raised concerns about these issues. Some within MHI have over the years made statements and remarks that point to similar issues that MHARR, MHProNews, and MHLivingNews have documented and reported. For example, during MHI’s once much ballyhooed Preserving Access to Manufactured Housing Act fiasco, MHI and MHI-linked state association members said the following.

As MHProNews/MHLivingNews, then multi-year members of MHI, would ask questions and raise issues, MHI leaders would respond. MHI senior staff and corporate board members of MHI would respond to inquiries at meetings. They would respond to inquiries by phone or email. But as their responses became apparently more and more disconnected with the apparent realities of manufactured housing, The relationship, for some time, seemed rather comfortable. Tim Williams CEO at Berkshire Hathaway owned 21st Mortgage Corporation, a longtime board member, prior chairman, and long a power-broker at MHI and at state associations too, publicly came to the defense of this writer and MHProNews’ reporting of Preserving Access when then vice president Lesli Gooch, Ph.D., publicly questioned this writer’s handling of reports and an interview with MHI award winner Marty Lavin, J.D., a well-known longtime expert in manufactured home lending who had years of experience in communities and with retailing too.  Williams said the following in a statement for publication that countered Gooch’s verbal miscue at a Boca Raton FL MHI meeting.

Note that when J.D. Harper, executive director of the MHI-member Arkansas Manufactured Housing Association (AMHA) praised what Rev. Donald Tye had to say, that was a statement made to MHProNews about articles published by MHProNews. 

MHI at times sponsored MHProNews, as did several MHI-linked state associations trade show venues, because we turned out the crowds when the industry was at or near its lowest ebb in the 21st century. This is undeniable historic fact.  MHI would ask MHProNews to run certain articles, likely because they knew then (and now), that we have the runaway largest audience of its kind in the industry. One of those items that MHI asked to be published included the following pull quote.

You don’t have to have a Ph.D., as Lesli Gooch and her supporters like to tout, to realize that when the President of the United States (POTUS) (at that time, Barack Obama (D) with his then VP Joe Biden (D) 1-2009 to 1-2017) is saying that he will veto such legislation if it ever hits his desk, that a different approach is required.  But stop and think. As a U.S. Senator, Joe Biden (DE-D) voted in support of the Housing and Economic Recovery Act of 2008. Biden voted in support of the Manufactured Housing Improvement Act of 2000 (a.k.a.: MHIA, 2000 Reform Act, 2000 Reform Law, etc.) and its enhanced preemption provision. MHI has for years touted their access, which they have aptly demonstrated. Which begs the question. What have they actually accomplished with that access? Furthermore, with MHI members Clayton Homes, 21st Mortgage Corporation, and Vanderbilt Mortgage and Finance (VMF), besides Shaw and other firms owned by Warren Buffett led Berkshire Hathaway (BRK), it seems obvious in hindsight that access to the Obama-Biden era White House, HUD, FHFA, CFPB, DOE, or whomever was all but assured. Yet, Buffett supported Obama-Biden for reelection. Buffett may be many things, but dumb is not one of them. In essence, MHI leaders were pushing a policy that was demonstrably flawed from the start.

Frank Rolfe may be notorious and have some terrible business practices with respect to his land-lease manufactured home community residents. But Rolfe has at times said some pretty insightful things about MHI.

While there is more evidence, and one might wish that there were still more that would come forward to openly complain about MHI’s performance, there is ample evidence to make the points previously made.

Often using MHI’s own members, statements, and examples, there is evidence that manufactured housing is suffering at historically low levels for the following reasons.

• A lack of proper enforcement by federal officials of existing laws,
• a lack of proper and clear reporting on those concerns by scores of sources (corporate, associations, non-MHProNews/MHLivingNews trade media and bloggers that are basically (albeit crudely) in bed with MHI,
• and a lack of proper efforts to correct the barriers that keep the manufactured housing industry from achieving its authentic potential.

And MHI pays lip service and postures efforts to grow the industry organically. They do so via meetings, messages, their own website, occasional op-eds, and events. But all the while what is occurring in the 21st century is the apparent facilitation or steady consolidation of manufactured housing into ever fewer hands.

Investors, investment analysts, affordable housing advocates, public officials, independents, and top MHI insiders alike are all among the readers here at MHProNews. They don’t come for conspiracy theories or mere speculation. They come because they find authentic manufactured housing “Industry News, Tips, and Views Pros Can Use” ^© where “We Provide, You Decide.” ^©  Those thousands of professionals come because of tons of facts that are outlined with expert insights that help make sense of the facts.

The latest new home production data is found at this link here: https://www.manufacturedhomepronews.com/embarrassing-corruption-collusion-cronyism-charged-as-new-hud-code-manufactured-home-industry-production-increases-in-august-2024-manufactured-housing-facts-critical-analysis-plus-mhmarkets/

At the current pace, manufactured housing may finish around the 100,000 new home mark (+/-). That would be akin to a return to the last year of the Trump Administration. The regulatory and economic environment are major hurdles for our industry.  That is why we as a publication have for years invested the time and expertise in reporting on macro-issues instead of just manufactured housing industry specific facts alone. This article could have been published in about 1/6th of the time (maybe less) if all we did is provide the Champion press release, which follows in Part I. The problem, however, for readers would be this. Even if every single thing that Champion said might be accurate or true, lacking context, information alone may be misleading or meaningless. If the major players (beyond Berkshire and the huge asset management titans like BlackRock, Vanguard, or State Street, etc.) in manufactured housing were so enraptured with the future potential for growth of the industry, why are so many corporate insiders selling stocks instead of buying shares?

MHI may pretend to be nonpartisan, and they arguably should be nonpartisan. But there are apparent reasons to believe that MHI leaders are more aligned with Democrats than Republicans.

MHARR doesn’t get directly involved in party and partisan politics. Neither should MHI. It is understandable that MHI’s PAC donates to members of both major parties. But in doing so, MHI should expect in return that those politicians push openly, loudly, and routinely for the full and proper enforcement of existing federal laws that would unleash manufactured housing.  MHI’s prior president and CEO all but said as much.

MHI President and CEO Chris Stinebert said in an interview almost exactly 20 years ago that the industry would be returning to its production levels achieved in the late 1990s.  Meanwhile, an MHI insider said that it is ‘f-cking greedy’ insiders who since Stinebert left MHI have turned MHI into a tool for their own benefit.

The irony is this. The industry’s insiders would make more money by doing the commonsense things that MHARR and MHProNews/MHLivingNews have editorially long championed.  That begs the question. Why aren’t they doing that? Multi-year MHI member Andy Gedo helped explain it. It is due to barriers of entry, persistence, and exit.  But the rest of the puzzle may well be supplied by those institutional giants that have sizable stakes not only in manufactured housing, but also in conventional builders, real estate, and rental housing. While someone can certainly debate the use of the term ‘private equity’ in the headline below, what is not debatable is the point that institutional investors and/or private equity are an apparent barrier to affordable housing. And thus, Frank Rolfe’s points linked above and here holds true.

Is there more to know about industry consolidation and related? Absolutely. See that in Part II following the belated publishing of this Champion (SKY) press release shown in Part I below.

Part I

Part II – Additional Information with More MHProNews Analysis and Commentary in Brief

1) The late, great sales, motivational coach, speaker and author Zig Ziglar used to talk about those who will get ‘around to it.’ Ziglar turned that phrase into various objects that included a circle with the letters TUIT inside.  As a closing technique, he would say to a prospect, okay, now you have your round tuit so you can take that next step now.

2) Ziglar also championed (pardon the pun) the ideal that people could get everything out of life that they wanted if they could help enough other people get out of life what those potential clients desired.

3) Those ideals were at the root of millions of smaller American businesses thinking for generations. Serve your customer well. Let happy customers refer their friends. The tragic irony of the manufactured housing industry’s consolidation focused insiders turns those ideals on their head. They champion instead underperformance that leads to consolidation and creates scarcity.

Fresh take? This story above has been told for years. Clearly, a better effort is needed.

4) UMH Properties (UMH) is at least philosophically stating and making their evidence-based case that older properties where mom and pops want to exit can be consolidated, but also that new developments are needed and are profitable. For making that heretical statement that goes against the consolidation with minimal development grift, Rolfe called the Landys plan “asinine.”

5) As MHARR via their efforts, MHProNews/MHLivingNews via ours – which more recently has included utilizing this writer’s status as a contributing writer for the Patch, a systematic exposure of self-imposed low production status quo that MHI insiders and various federal and other public officials all too gladly cooperate with. MHI and their allies gets to occasionally slam public officials. But the status quo of historic underperformance remains the same.

Speaking of historic, a new research report has been provided to MHProNews by one of the co-authors of that research. It makes a fresh, detailed, and evidence-based case for manufactured housing potential.  Watch for it here on MHProNews, because like quarterly reports or other facts that may require time, effort, or serious analysis, the odds that you will find it from MHI or an MHI linked trade publication are close to nil.

6) Let’s make just one more point from the facts provided by Champion above. In the late 1990s, Champion and Fleetwood were neck and neck as the #1 and #2 producers of HUD Code manufactured homes. The entire manufactured home industry today is operating at a lower production rate than Champion and Fleetwood used to produce between the two of them in the late 1990s. Embarrassing! But that is why only MHProNews and/or MHLivingNews shares such factual insights. Because if someone gets enough facts in their minds, and if that person begins to question some MHI corporate or association narrative, the narrative falls apart under the weight of common sense and evidence.

If the federal enhanced preemption provision of MHIA of 2000 were routinely enforced, as statewide preemption for ADUs were enforced in California, manufactured housing production would soar. That’s not to say that financing and the DOE energy rules aren’t important. They are. But federal preemption enforcement alone could create a boom of unprecedented proportions for manufactured housing.

Watch for the pending special report mentioned earlier. Watch for a follow up on Champion Homes that will reveal factual insights not likely to be found elsewhere. In the meantime, if you have early voting in your state, register and then vote wisely. A rigged system will not be corrected by those who rigged it.

https://vote.gov

PS: according to: “This Day in History” per Real Clear Politics (RCP) the trends are “a potential problem” for Kamala Harris (D) and Governor Tim Walz (MN-D).

TDIH – Oct 4: 2024: Harris +2.2 | 2020: Biden +8.1 | 2016: Clinton +3.8 | Map

Trump (R) has routinely outperformed polling. Trump won in 2016. Despite projections in 2020, and even if you believe the results were not tainted by election fraud, he only lost narrowly in 2020. Kamala Harris (D) is doing worse than Biden or Clinton.

See the linked and related reports to learn more. Or check out our popular series on the Patch.

The market report is up next.

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.

NOTICE: following the TPG deal with CAPREIT, TPG has been added to our tracked stocks list below.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.

The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

• In minutes a day, readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.

Headlines from left-of-center CNN Business – 10.4.2024

• Mark Zuckerberg joins exclusive $200 billion club, is second-richest person in world
• US economy added a whopping 254,000 jobs last month
• Not using these job interview tips can reduce your chances of getting that job
• The port strike is over. Here’s what happens next
• Economists projected that the US added 140,000 jobs in September and that the unemployment rate held steady at 4.2%.
• US economy added 254,000 jobs in September, logging surprisingly robust growth
• New York City Mayor Eric Adams arrives at federal court for his arraignment on Sept. 27, 2024, after he was charged with bribery and illegally soliciting a campaign contribution from a foreign national.
• The New York Times won’t endorse in local races. A group of prominent journalists aims to fill the gap
• The OpenAI website displayed on a laptop screen in Krakow, Poland on September 9.
• OpenAI just secured a ton of new cash. Now it needs to wow us
• Red Lobster’s new CEO, Damola Adamolekun.
• Red Lobster is a mess. Here’s why the new 35-year-old CEO wanted the job anyway
• An agricultural vehicle harvests hay in front of an Israeli army battle tank in southern Israel near the border with the Gaza Strip, as smoke rises above the Palestinian territory on May 15, 2024, amid the ongoing conflict between Israel and the Hamas movement.
• Israel’s economy is paying a high price for its widening war
• Striking workers hold up signs and march in front of the Bayport Container Terminal in Seabrook, Texas, on October 3, 2024. The International Longshoremen’s Association (ILA), 85,000 members strong, has launched its first strike since 1977 after weeks of deadlocked negotiations over a six-year labor agreement.
• Striking port workers to return to work Friday as negotiators reach an agreement on wages
• Five things to know as the massive port strike enters its third day
• Howard Schultz violated labor law by telling employee ‘if you’re not happy at Starbucks, you can go work for another company’
• Meet Harold Daggett, the colorful and controversial union boss leading the port strike
• People are panic-buying toilet paper because of the port strike. There is no need for that
• Costco is now selling platinum bars for $1,089
• $100 oil could be the October surprise no one wanted
• Logan Paul and MrBeast have a Lunchables competitor that they say is healthy
• Vatican Bank fires couple whose marriage breached new workplace ban
• Tesla recalls 27,000 Cybertrucks due to a rearview camera issue
• McDonald’s is finally selling the Chicken Big Mac in the US
• Friday’s jobs report could be the last normal one for a while
• How Trump consolidated control over his party and right-wing media in a ‘cloud of confusion’
• Louis Vuitton owner clinches 10-year sponsorship deal with Formula 1

 

Headlines from right-of-center Newsmax – 10.4.2024

• • Musk Accuses FEMA of Obstructing Helene Aid Efforts in N.C.
  • Tech billionaire Elon Musk took to X on Friday afternoon to claim the Federal Emergency Management Agency (FEMA) is “actively blocking” volunteers who try to help the struggling citizens of western North Carolina in the wake of Hurricane Helene. [Full Story]
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  • Think Tank Targets NASA’s Comms on Musk, Trump
  • Musk to Attend Trump’s Return to Bulter Rally Saturday
  • Trump in Michigan: Disaster Relief Money Spent on Illegals
  • Gov. Kemp: Had to Call WH for More Helene Money
  • Trump Campaign: FEMA Broke Due Migrant Freebies
  • Trump Seeks to Regain Momentum in North Carolina
  • Schlapp: Biden, Harris Callous Toward Victims
  • Chopper Pilot Threatened With Arrest Over Rescues
  • N.C. Rep. Edwards: Radio Silence From Biden
  • Israel at War With Iran
  • Emails: Early US Concerns Over Israel’s Gaza Offensive
  • Gen. Clark: Israel Must Establish Escalation, Dominance
  • Col. Shaffer: Israel to ‘Directly’ Strike Iran
  • US Confirms It Hit Yemen’s Iran-Backed Houthi Rebels
  • Blaine Holt: Houthi Strike Shows US-UK Getting Involved
  • Fmr Israeli Diplomat: Oct. 7 Attack on Civilization
  • John Bolton: Israel Sees Biden’s Stance as ‘Irrelevant’
  • IDF: Around 250 Hezbollah Terrorists Killed in Lebanon
  • Israeli Strike Cuts Off Route From Syria to Lebanon
  • Iran: Cease Fire in Lebanon, Gaza at Same Time
  • Khamenei: Iran, Its Allies Won’t Back Down From Israel
  • ’10/7: Evil Unveiled’ to Debut Saturday on Newsmax
  • IDF Confirms Hezbollah Communication Chief’s Death
  • More Israel at War With Iran
  • Election ’24: Race for White House
  • Biden Not Sure of ‘Peaceful’ Transition of Power
  • Harris to Meet Arab American Leaders in Flint, Mich.
  • Biden: Is Bibi Holding Up Peace Deal to Sway US Election?
  • Abortion Ballot Backers Outraise Opponents 8-1
  • Trump: Dems Led by Harris, Jack Smith ‘Lying’ About Jan. 6
  • Musk to Attend Trump’s Return to Butler Rally Saturday
  • Firefighters Union Won’t Endorse Harris or Trump
  • Harris, Trump Battle for Labor, Union Support
  • Bruce Springsteen Endorses Kamala Harris
  • More Election ’24: Race for White House
  • Fallon: Biden, Harris Behind FEMA Shortfall ‘Cataclysm’
  • Brian Mast: Curb Foreign Aid, ‘Put America First’
  • Blaine Holt: Yemen Houthi Strike Likely US-UK
  • Jack Bergman: Michigan ‘Voting With Their Pocketbook’
  • Mike Rogers: US Catches Cold,’ Michigan Gets ‘Pneumonia’
  • Andrew Napolitano: Trump ‘Justified’ in Jack Smith Protest
  • Andy Harris: Port Worker Raise Drives Up Prices
  • Harris: Spend FEMA Funds on Emergencies, Not Migrants
  • Lisa McClain: Harris Economy Doesn’t Work for Mich.
  • Retired Brig. Gen. Chris Eddy: Stop Funding Iran
  • ‘Average Joe’ Coach Kennedy: America Worth Fighting For
  • Newsfront
  • Biden: I Don’t Know If Israel Is Holding Up Peace Deal to Sway November Election
  • President Joe Biden had terse words for Prime Minister Benjamin Netanyahu on Friday, and said he didn’t know whether the Israeli leader was holding up a peace deal in order to influence the outcome of the 2024 U.S. presidential election.”No administration has helped Israel…… [Full Story]
  • Stocks End Higher as Jobs Data Eases Economic Worries
  • Stocks End Higher as Jobs Data Eases Economic Worries
  • U.S. stocks closed solidly higher Friday as a stronger-than-expected [Full Story]
  • Stellantis Sues UAW in Federal Court for Strike Threats
  • Chrysler parent Stellantis filed a federal lawsuit against the United [Full Story]
  • GOP Senators Press FBI’s Wray Over Sex Abuse Cases
  • Eric Schmitt, R-Mo., and 10 other Republican senators are [Full Story]
  • ’10/7: Evil Unveiled’ to Debut Saturday on Newsmax
  • The Newsmax original 10/7: Evil Unveiled, set to premiere Saturday at [Full Story]
  • Andy Harris to Newsmax: Longshoremen’s Raise Will Drive Up Prices
  • Andy Harris, R-Md., told Newsmax on Friday that the tentative [Full Story]
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  • Dockworkers Suspend Strike Until January
  • Trump: Dems Led by Harris, Jack Smith ‘Lying’ About J6
  • After the release of a 135-page filing from special counsel Jack [Full Story]
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  • Andrew Napolitano to Newsmax: Trump ‘Justified’ in Smith Filing Protest
  • Trump: Lack of Security Limited Wisconsin Rally Size
  • Trump Rails on Timing of DOJ’s Jan. 6 Docs Unsealing
  • Fmr Va. Gov. Gilmore to Newsmax: Debates ‘Setup’ on GOP
  • Obama to Hit Campaign Trail for VP Harris
  • Bruce Springsteen Endorses Kamala Harris
  • IDF: 2 Israeli Soldiers Killed in Northern Israel
  • Israel’s military announced on Friday that two of its soldiers from [Full Story]
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  • Emails Show Early US Concerns Over Israel’s Gaza Offensive
  • Musk: FEMA ‘Actively Blocking’ Volunteer Help in N.C.
  • Tech billionaire Elon Musk took to X on Friday afternoon to claim the [Full Story]
  • Rob Finnerty to Lead Newsmax Primetime Lineup
  • Newsmax announced Wednesday that veteran news anchor and broadcaster [Full Story]
  • Russia Warns Ukraine for Attack Near Nuclear Plant
  • The Kremlin on Friday accused Ukrainian authorities of playing with [Full Story]
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  • Russia Removes Taliban From Terrorist Organization List
  • Boris Johnson: Trump Presidency Prevented Ukraine Invasion
  • Biden-Harris Foreign Policy Made World Dangerous |Platinum Article
  • ‘Average Joe’ Coach to Newsmax: Fight for US
  • America is worth fighting for despite all the divisiveness, says [Full Story]
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  • Vatican Synod Begins With Radical Agenda for Church
  • Father Murray to Newsmax: Church Doctrine Under Microscope
  • Think Tank Targets NASA Comms on Musk, Trump
  • An influential conservative think tank has asked the National [Full Story]
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  • Google Tests Verified Check Marks in Search Results
  • Google Tests Verified Check Marks in Search Results
  • Alphabet’s Google is testing showing check marks next to certain [Full Story]
  • Supreme Court to Review Nuclear Waste Storage Ruling
  • The Supreme Court agreed on Friday to step into a fight over plans to [Full Story]
  • Helene’s Powerful Storm Surge Killed 12 Near Tampa
  • Aiden Bowles was stubborn, so even as Florida officials told [Full Story]
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  • Hurricane Kirk Now Category 4 Storm in Atlantic
  • Hurricane Helene’s Death Toll Reaches 215
  • Helicopter Pilot Threatened With Arrest Over Helene Rescues
  • Trump Camp: FEMA’s Broke Due to Harris Migrant Freebies
  • Chuck Edwards to Newsmax: Radio Silence From Biden
  • Helene Exposes Federal Assistance Gap in Appalachia
  • Biden Admin Races to Spend $10B in Climate Change Cash
  • Musk to Attend Trump’s Rally in Butler, Pennsylvania
  • Elon Musk said late on Thursday he will attend Donald Trump’s rally [Full Story]
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  • Trump Slams Walz’s ‘I’m Friends With School Shooters’
  • Musk to Attend Trump’s Rally in Butler, Pennsylvania
  • Elon Musk said late on Thursday he will attend Donald Trump’s rally [Full Story]
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  • Job Growth Surges, Unemployment Falls to 4.1 Percent
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  • Donald Trump is heading to North Carolina on Friday for the fourth [Full Story]
  • US Launches Air Attacks on Yemen’s Iran-backed Houthis
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  • Rescued From Gaza, Yazidi Woman, 21, Returns Home
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  • Tim Walz’s Verbal Gaffes Frustrate Campaign
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  • 3 Ex-Memphis Officers Convicted of Witness Tampering in Nichols’ Beating
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  • California Dairy Workers Latest Human Bird Flu Cases
  • How Hearing Loss Raises Risk for Cognitive Decline
  • Even Low Radon Levels Raise Children’s Leukemia Risk
  • Water Fluoridation Not as Beneficial as in Past
  • Mpox Vaccine’s Protection Wanes Within 1 Year
  • Survey: Food Allergies Cause Serious Anxiety
  • New Flu Shot Cuts Hospitalization Risk By 35 Percent
  • CDC: Online Pharmacies Selling Fake, Dangerous Drugs

 

 

Notice: MHProNews invites the firms or organizations 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. In the case of that response linked above, no apparent reply was given to follow up inquires by MHProNews. 

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.

TPG = TPG includes land lease manufactured home communities (MHCs) among a broader basket of investments.

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.

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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.
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• 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 (on 5.22.2024) 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 in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep 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.