A vision for modular housing has made a huge impact at the recent STEM (Science, Technology, Engineering, Mathematics) Spotlight Awards in Vancouver, Canada. According to the Vancouver Sun, British Columbia Institute of Technology (BCIT) civil engineering student Stephen Cohos won the $20,000 grand prize during the inaugural edition of the …
Canada based real estate investment trust Killam Properties Inc. (TSE:KMP.UN) tells MHProNews that the company has closed on two Canadian acquisitions worth $26.2 million, including 153 apartment units in London, Ontario, and 66 units in Calgary, Alberta. On December 22, Killam acquired a five building portfolio in London for $13.4 …
Affiliated Managers Group, Inc. (NYSE: AMG) reported its results for the fourth quarter and full year 2016 today. For the fourth quarter of 2016, diluted earnings per share (EPS) were $2.67, compared to $2.67 for the same period of 2015; net income was $150.2 million, compared to $147.5 million …
As we wrap up the month of January, our featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click …
The publisher of The Journal of Manufactured and Modular Housing, Jim Visser, was honored at the 2017 Louisville Manufactured Housing Show with the framed ‘thank you’ document, shown in the photo at the left. Visser announced in late November 2016 that he will no longer be publishing the Journal after …
Jim Visser Honored, the Journal of Manufactured Housing now History Read More
Aaron Homes informs MHProNews that long-time Manufactured Housing Association of Maine member and former Aaron Homes President Edward J. Wall of Lisbon, Maine passed away January 15th at age 75 after a lingering illness. In addition to his 47 years at Aaron Homes, Wall also owned and operated Worumbo Estates, later adding Worumbo …
Data from the National Association of Realtors (NAR) shows that home sales continued their growth in December, as more buyers reached the market before the end of the year. The delayed closings resulting from the rollout of the “Know Before You Owe” initiative pushed a portion of November’s would-be transactions …
U.S. Existing Homes Sales Rise in December, MH Industry Response Read More
The Senate Banking, Housing and Urban Affairs Committee has unanimously approved Dr. Ben Carson for Secretary of Housing and Urban Development (HUD.) His nomination now heads to the full Senate for a vote. Manufactured housing also took center stage, as the Manufactured Housing Institute (MHI) tells MHProNews that Senator Dean …
Carson Approved by Senate Committee, Provides View on MH Read More
Rochester, New York-based Security Mortgage Group, a national award-winning MH Community lending broker, has provided $80,032,500 in financing for several manufactured home communities throughout the nation over the last few months. Managing Director, Gerard D. DiMarco, Jr., secured financing for several MHC portfolios, including a repeat client’s portfolio of Midwest …
Security Mortgage Group Finances 80,032,500 for Several Communities Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
It was a day of Pomp, Circumstance and President Donald J. Trump’s signing of his first executive orders. The White House tells the Daily Business News that having been confirmed by the U.S. Senate, Trump signed government commissions making Marine Corps Generals James ‘Mad Dog’ Mattis the Secretary of Defense …
Pomp and POTUS Trump First Executive Orders, MH Reaction Read More
In celebration of their 50th anniversary, UMH Properties, Inc. (UMH: NYSE), led by Eugene W. Landy, Chairman of the Board of UMH, rang the closing bell at the New York Stock Exchange (NYSE) Thursday, Jan. 19. The event coincided with the company’s quarterly board meeting and a special dinner reception …
UMH Anniversary at the NYSE, Landy Rings Closing Bell Read More
Keith Ellison (D-MN) has introduced The Energy Efficient Manufactured Homes Act of 2017 (H.R. 515), which proposes to enable economically vulnerable families to live in safe, affordable and energy-efficient homes. “There are as many as two million families who live in outdated energy-inefficient manufactured homes built more than two decades ago,” …
Bill Introduced to Replace Outdated Manufactured Homes Read More
Resident Owned Communities USA (ROC USA) tells MHProNews that their latest study shows that rents in their communities remain equal to or below market rate after five years. Every five years, ROC USA hires an independent third-party appraiser to analyze monthly rents in ROCs and compare them to similar commercially …
Study Shows Rents Remain Equal to or Below Market Rate Read More
The times are changing, and so are the demographics. Research from the National Association of Realtors (NAR) states that in 2017, more than half of all first-time homebuyers will be a millennial. The Digital Journal and hundreds of other media and special interest websites have picked up the exclusive MHLivingNews …
NAR – Millennials Want Quality Affordable Homes to Buy in 2017 Read More
Clayton Homes, one of the nation’s largest builders of manufactured housing and a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A), tells MHProNews that they have launched a new division of the company that will deliver homes from home building facilities to retail home centers. Clayton Home Transport will be a part …
3D Virtual tours have become a next-generation standard in digital real estate marketing. So much so, that millions of conventional house, condo or townhouse buyers have come to expect them. “Considering the fact that new and ‘existing’ (pre-owned) site-built houses out-sell manufactured homes by millions of units annually,” said veteran …
Sunshine Homes to Unveil Next Gen Tech for Home Shoppers at 2017 Louisville Show Read More
A new report notes that Skyline Homes is joining the ranks of those leading-the-charge in manufactured housing by providing a rich, multi-media shopping experience for new home seekers. The report on MHLivingNews cites research by Contactually and the National Association of Realtors – underscoring how Sunshine Homes, Clayton Homes and …
Leading by Example in Digital Home Shopping Experience Read More
Canada based real estate investment trust Killam Properties Inc. (TSE:KMP.UN) received a number of recommendations from ratings firms recently, with an average recommendation of “buy.” According to Community Financial News, Canaccord Genuity decreased their price target on Killam Properties from C$14.00 to C$13.50 on January 5th. Scotiabank reaffirmed its “sector …
Killam Receives Recommendations From Ratings Firms Read More
In observance of the birthday of civil rights leader Dr. Martin Luther King, Jr., all markets will be closed on Monday, January 16th, 2017. Tension Abounds On a day where Dr. King is honored for his achievements, there is no shortage of tension leading up …
Markets Closed, Martin Luther King Jr. Holiday, Tension Abounds Read More
