Announcements

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Modular Company Helps Schools to Solve Fluctuating Enrollment Challenges

By / November 28, 2016 / Announcements, Business, Manufactured and Modular Housing News, Modular

Palomar Modular Buildings, a DeSoto, Texas based modular building manufacturer, has been awarded with a Portable/Modular Building contract from Region 7 Education Service Center Purchasing & Vendor Services (ESC), allowing Region 7 members to purchase modular buildings at favorable negotiated rates. “The portable/modular building contract with Region 7 gives Palomar …

Modular Company Helps Schools to Solve Fluctuating Enrollment Challenges Read More

Drew Industries Names New CFO, Quarterly Dividend posted

By / November 28, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Drew Industries Incorporated (NYSE: DW) announced that it has named Brian Hall as Chief Financial Officer, effective immediately. Hall has served as the Company’s interim CFO since September 26, 2016, replacing David M. Smith. “We are pleased that Brian has agreed to become our new CFO,” said Jason Lippert, Chief Executive Officer of Drew Industries. “His …

Drew Industries Names New CFO, Quarterly Dividend posted Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 20th – November 27th, 2016

By / November 26, 2016 / Affordable Housing, Announcements, Business, Company News, Economy, Election, Headlines - Week In Review for Manufactured, home buyers, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes, Manufactured Housing Industry, Modular and PreFab Housing Industry, Politics, Stocks

This month, we continue with our thought-provoking theme: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 20th – November 27th, 2016 Read More

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U.S. Homebuilder Confidence, November Report

By / November 25, 2016 / Announcements, Business, Economy, Manufactured and Modular Housing News, Manufactured Housing Industry

The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index was released on November 16th and remained unchanged at 63. The index is two points below September’s reading, which was the highest in nearly a year. Readings above 50 indicate that builders view sales conditions as good rather than poor. …

U.S. Homebuilder Confidence, November Report Read More

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Thanksgiving Day, Markets Closed, POTUS Obama, PE Trump Videos

By / November 25, 2016 / Announcements, Events, People

Thanksgiving Day, Thursday November 24, 2016.  There has been a strong post-election rally, leading to numerous records. The most recent manufactured housing industry connected daily market report is linked here. Yesterday, President of the United States (POTUS) Barack H. Obama issued his final thanksgiving pardon of turkeys.  This whimsical and …

Thanksgiving Day, Markets Closed, POTUS Obama, PE Trump Videos Read More

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After Land Deal, Tiny Manufactured Homes to the Rescue for the Homeless

By / November 23, 2016 / Affordable Housing, Announcements, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, tiny house

Linda and David Brown are founders of The Gathering Tree, a nonprofit organization that operates an evening drop-in center for homeless people in Springfield, Missouri. They had a vision to be able to do more. And they did. The Gathering Tree has purchased a 4.5-acre tract of land in north Springfield …

After Land Deal, Tiny Manufactured Homes to the Rescue for the Homeless Read More

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MHARR Calls for Federal Moratorium On Critical Regulations

By / November 23, 2016 / Advocacy, Announcements, Association, Election, Manufactured and Modular Housing News, Manufactured Housing Industry, Politics, regulation

The Manufactured Housing Association for Regulatory Reform (MHARR) has joined with President-elect Trump and leaders in Congress in calling for federal agencies to place a moratorium on pending regulatory actions during the final days of the Obama Administration. MHARR tells the Daily Business News that they are calling on the …

MHARR Calls for Federal Moratorium On Critical Regulations Read More

Universal Forest Products Announces Earnings Results

By / November 22, 2016 / Announcements, Business, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Universal Forest Products Inc. (NASDAQ:UFPI) has announced its Q3 2016 earnings results, including record revenues. The company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ estimates of $1.35. UPFI earned a record $826.70 million during the quarter, with a net margin of 3.27 percent and a return …

Universal Forest Products Announces Earnings Results Read More

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Economic Development Authority Awards Tax Incentives to Prefab Builder

By / November 21, 2016 / Announcements, Business, Manufactured and Modular Housing News, Modular and PreFab Housing Industry

The Kentucky Economic Development Finance Authority (KEDFA) has awarded tax incentives to two businesses, including $20,000 for a $1.2 million operation that would utilize prefab to provide homes and light commercial buildings in five states. Blueframe Design + Build is the brainchild of James C. Burris Architects, and plans to …

Economic Development Authority Awards Tax Incentives to Prefab Builder Read More

Triad Financial Services Announces Record Loan Origination Volume

By / November 21, 2016 / Announcements, Business, Manufactured and Modular Housing News, Manufactured Housing Industry

Triad Financial Services, Inc. (Triad) today announced loan origination data for the first 9 months of 2016. A total of 5,684 loans have been funded by Triad for the 9 months ending 9/30/16, a 35 percent increase over the same period in 2015. “I am very proud of the entire …

Triad Financial Services Announces Record Loan Origination Volume Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 13th – November 20th, 2016

By / November 19, 2016 / Affordable Housing, Announcements, Business, Company News, Economy, Election, Headlines - Week In Review for Manufactured, Manufactured and Modular Housing News, Manufactured Housing Industry, Modular and PreFab Housing Industry, NIMBY, People, Politics, Stocks

We continue with our thought-provoking theme for the month: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – November 13th – November 20th, 2016 Read More

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Flood Recovery Grant to Help Flood Victims with Manufactured Homes

By / November 18, 2016 / Announcements, disaster, Manufactured and Modular Housing News, Manufactured Housing Industry

In South Carolina, it’s manufactured housing to the rescue. According to WLTX19, the South Carolina Disaster Recovery Office has received a $96 million grant from the Department of Housing and Urban Development (HUD), which they plan to use to assist people impacted by floods in October. The recovery program is …

Flood Recovery Grant to Help Flood Victims with Manufactured Homes Read More

Freddie Mac Forms Partnership, Rolls Out MH Education Curriculum

By / November 18, 2016 / Affordable Housing, Announcements, Business, Manufactured and Modular Housing News, Manufactured Housing Industry

Government lender Freddie Mac has formed a partnership with Next Step Network, Inc., a Louisville, Kentucky-based non-profit housing intermediary, to roll out consumer education curriculum for manufactured home buyers. The initiative is intended to foster new relationships with active participants in the manufactured housing industry, including mortgage lenders, at the …

Freddie Mac Forms Partnership, Rolls Out MH Education Curriculum Read More

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Manufactured Home Communities Cut Ribbon on New Indoor Pool Complex

By / November 17, 2016 / Announcements, Manufactured and Modular Housing News, Manufactured Housing Industry

Colonial East, L.P. announced the opening of their indoor pool complex, the Manor House Pool, on November 5th, near Rehoboth Beach, Delaware. The new pool complex will serve residents of all of the Colonial East manufactured home communities including Sussex West, Sussex East, and Colonial East. According to the Cape …

Manufactured Home Communities Cut Ribbon on New Indoor Pool Complex Read More

Trump/Congress Call on Federal Agencies to Defer Action on all Pending Regulations

By / November 17, 2016 / Announcements, Manufactured and Modular Housing News, Manufactured Housing Industry, Politics

The Manufactured Housing Association for Regulatory Reform (MHARR) has made a major announcement regarding a request from President-elect Donald Trump and Congress. MHARR tells the Daily Business News that, as was predicted and outlined in MHARR’s November 9, 2016 Washington Update, President-Elect Trump’s promise to “impose a… moratorium order on …

Trump/Congress Call on Federal Agencies to Defer Action on all Pending Regulations Read More

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ROC Leaders Meet at Texas Conference

By / November 17, 2016 / Announcements, Association, Business, Communities, Manufactured and Modular Housing News, Manufactured Housing Industry

Esthela Garza, president of the Pasadena Trails resident-owned community (ROC), and new member Paula Maldonado, were featured on a panel discussing the basics of manufactured housing at the “I’m Home” conference in San Antonio November 14th-16th. “Many of the residents were happy to live there, but now they participate in …

ROC Leaders Meet at Texas Conference Read More

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Layered Cardboard Modular Home Unveiled

By / November 15, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Modular

Fiction Factory, a Holland-based builder, has unveiled its new modular home, which is made of layered cardboard. According to architects on the project, while cardboard is not among the normal top choices for building materials, the home, called “Wikkelhouse” (which translates to “wrapper house”) will they claim will last for …

Layered Cardboard Modular Home Unveiled Read More

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Startup Wins Innovation Award For Upcoming 3D Home

By / November 14, 2016 / 3D printed housing, Announcements, Awards, Business, Company News

A Chattanooga based startup is ready to innovate with 3D homes. And it’s won an award. Branch Technology won the Chattanooga Area Chamber of Commerce “Spirit of Innovation Award” last week. The company held a contest with $10,000 in prizes that drew entries from around the world to design a …

Startup Wins Innovation Award For Upcoming 3D Home Read More

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Investors, Analysts Weigh in on Equity LifeStyle Properties

By / November 10, 2016 / Announcements, Business, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Coming off of their most recent earnings report on October 18th, which included a 7.7 percent increase in revenue, Equity LifeStyle Properties, Inc. (NYSE:ELS) saw one investment firm lower its stake in the company. Venturi Wealth Management LLC lowered its position by 5.3% during the second quarter to 30,680 shares …

Investors, Analysts Weigh in on Equity LifeStyle Properties Read More

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Cavco Industries Reports Q2 Results

By / November 10, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Cavco Industries (NASDAQ: CVCO) reported financial results for Q2 2016 on November 8th. Net revenue for the second quarter was down 1.9 percent from Q2 2015 to $188.3 million, while net revenue was up 5.6% for the first six months of the year compared to the same period in 2015. …

Cavco Industries Reports Q2 Results Read More

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