The Daily Business News has been raising concerns about monopolies – notably those that impact manufactured housing – for some time. Ultimately, as L2 Founder, and NY Stern Professor Scott Galloway explains, certain monopolies impact everyone. For example, when Amazon puts companies out of business, that eliminates jobs. Those …
“Winners and Losers,” L2 Founder, Prof Scott Galloway on Monopolies Read More
All planning ought to be based upon reality. It’s not easy for a person to be objective about themselves, or their location/operation. Multiple HUD Code manufactured home producers and lenders reps have shared with the Daily Business News a similar observation. What is that third-party, outside looking in observation? …
Understand, Plan, and Execute – Monday Morning Sales Meeting Read More
“Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” – Arthur Conan Doyle, per BrainyQuote. An attendee of multiple MHI events who is an award-winning corporate leader who is also a Daily Business News reader explained what he called their “razzle dazzle.” He specifically …
“Razzle Dazzle,” Says Former Manufactured Housing Institute Member Read More
A veteran Manufactured Housing Institute (MHI) lender’s controversial comments to the Daily Business News are bound to shake up discussions about two hot button industry topics. Those two subjects are: the Duty to Serve (DTS) Manufactured Housing, mandated by Congress a decade ago, and the Mortgage Loan Originator (MLO) …
The nature of free enterprise is that entrepreneurial motivated people or organizations identify a problem. Then the entrepreneur provides a service and/or product that addresses the need. Done properly, free enterprise yields a solution for those served that also yields a profit for those serving the needed. Against that …
An independent manufactured home retailer walked up to the Daily Business News team in Tunica Wednesday to say, “thank you” for the depth of coverage of the industry’s news. A HUD Code home producer said, “I wish you’d tone it down a bit,” on the controversies, while expressing “appreciation for …
Manufactured Housing – “Giants vs. Independents” – Tunica Talk – “You’ve Got to See This” Read More
Annual reports and investor presentations that involve manufactured housing companies can range from the black-and-white financial data and text, to robust, highly illustrated reports. Sun Communities (SUI) falls into the later range. While tens of millions of Americans misunderstand manufactured housing, sadly, thousands of manufactured home professionals have an …
Conversion of a land-lease manufactured home community from investor ownership into resident ownership is an event that takes place several times annually. It’s part of a trend that often brings ‘positive media’ coverage to the industry. These conversions into a resident owned community also arguably avoids a bad news …
Good News With Harmful Twist, Anti-Community Owners MHAction Activist Grabs Headlines Read More
The “Affordable Housing Focus Group“ article posted just days ago on Manufactured Home Living News (MHLivingNews.com) yielded impressive search results on Google. The result was page 1, number 2 out of about 1.66 million possible search outcomes. That’s a positive note for the industry, in an educational/image building way. …
Affordable Housing Focus Group – Manufactured Home = Page, 1, #2 Google Result Read More
Every day, owners, managers, and various types of workers head to their place of business. In manufactured housing, that may be a: land-lease community, a.k.a. ‘mobile home park’ or a manufactured home’ community, retail center – where homes are displayed for the public and sold, production center, where HUD …
In an Industry Voices guest column, Susan Brenton, Executive Director of the Manufactured Housing Communities of Arizona (MHCA) explains their association’s goal for a new law that has gone into effect. “Real estate personnel are now allowed to sell homes in manufactured and mobile home parks without first …
“New Law,” Using Real Estate Agents to Sell More Manufactured Homes Read More
Even during ‘boom times,’ the manufactured home industry struggled with certain issues. Experts and advocates often point to regulatory or financing challenges. Beyond the ‘lending and legal,’ the core challenge goes under many different labels or monikers. Stigma. Image. Once true, but now outdated realities. Outright myths. Prejudice. …
The Duty to Serve (DTS) program for manufactured housing industry retailers, communities and potential home buyers took what may be a problematic twist in news revealed, according to a memo obtained by the Daily Business News. The memo to Donald H. Layton, Chief Executive Officer, Freddie Mac – one …
Shopoff Realty Investments has announced the sale of Brookside Mobile Home Park, in El Monte, California. The 72.5 million deal follows the purchase as a joint venture 11 months ago that paid $52.7 million for the property. Shopoff purchased the land-lease community in April 2017 together with Ladder Capital, a New York based …
$19.8 Million Gross 1 Year Increase as Manufactured Home Community Sells for $72+ Million Read More
Washington, D.C. The economy and job growth are strong, says Adam DeSanctis, with the National Association of Realtors ® (NAR) communications team. So why did contract signings for new homes take a “startling” dip in January? There’s bad news for many Americans, potentially hopeful news for opportunities for the …
“Starting” Dip in Home Sales, New Crisis Says Housing Experts Read More
”Robbie Antonio, an avid art collector and founder and CEO of Revolution Precrafted—a start-up for prefabricated designer homes—is the mastermind behind the US$1.1 billion project, which he calls “the world’s first live-in art park,” says part of a release to the Daily Business News from the company. “The recently …
Robbie’s Revolution Precrafted’s $1.1 Billion-Dollar PreFab Project Read More
“The Flathead County Board of Adjustment will discuss project on March 6,” says the Flathead Beacon. “On March 6, the Flathead County Board of Adjustment will consider a conditional-use permit that would allow for a manufactured-home park with 122 rental spaces in Evergreen,” per the their report. “Evergreen …
There are important reasons to reach across political, economic, and social divides to gain a fuller perspective of an issue. In the case of housing, the Obama Administration was closing out his time in the Oval Office with a useful insight, reported by left-of-center Politico 18 months ago. It’s …
YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact Read More
Housing rehabilitation loans are available for mobile/manufactured homes in mobile home parks, says the Winona Daily News. While this program is for parts of Minnesota, similar programs exist in other states and markets too. “Semcac, a Community Action Agency serving southeastern Minnesota, has funds available through Minnesota Housing for housing …
Introduction When you do the math, it is far more than a $64 billion dollar question, as an upcoming report will outline. But that $64 billion dollar number – roughly ten times the retail output for all of manufactured housing in 2017 – will help industry readers …
Was the Urban Institute Misled, Duped, or Part of a Manufactured Housing Industry Scam? Read More
