MHPronews has learned from marketwired that sales for Nobility Homes, Inc.(OTC:NOBH) rose 32 percent in the first quarter of 2016 ending Jan. 30, 2016, while income from operations (IFO) rose an astounding 130 percent over last Jan. Sales hit $7,374,050 Q1 2016 versus $5,576,800 last year; IFO rose from $424,820 …
Nobility Homes Reports Substantial Quarterly Increases in Revenue, Income Read More
A discussion at a meeting of the Preston (Minnesota) City Council centered around the height, placement and definition of “green belt” and “periphery” as it relates to manufactured housing (MH). Tim Johnston owns one of the two MHCs in town, as fillmorecountyjournal informs MHProNews. He planted a green belt several …
City Seeks New Ordinance for Screening Manufactured Home Communities Read More
Ronnie Soffee’s family had owned and operated Rudd’s Trailer Park since it first opened in 1936, but after it sold at auction, Mr. Soffee was reduced to tears to tears as he said goodbye to some of the residents, according to what richmondfreepress in Virginia tells MHProNews. Although assessed by …
In the news from CNNMoney: Hillary Clinton cannot kill coal because it is already dying. Iran would welcome American money to upgrade its aging oil and gas infrastructure. Macau, a special administrative region of China, saw its economy fall 20 percent last year. Canada’s unemployment hits three-year high, 7.3 percent, …
Patrick Ind., Third Avenue Value Fund and Skyline Register Solid Gains Read More
MHProNews has learned from finance-commerce that Birmingham, Michigan-based Uniprop, a private, forty-year-old real estate and private equity firm has sold the Ardmore Village manufactured home community (MHC) in Lakeville, Minnesota for $7.6 million to an unnamed Illinois buyer. According to MHVillage, the community, built in 1972, has 339 home sites, …
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ What’s New in Manufactured Housing Industry Professional News New manufactured home community planned Down Under. Legacy Homes assumes building abandoned byRV/MH Hall home builder. Home show features MH. Ordinance to site …
Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016 Read More
MHProNews has learned from hilltopmhc that Chief Operating Officer (COO) of Patrick Industries, Inc. (NASDAD:PATK) Jeff Rodino sold 20,000 shares of company stock, as disclosed in a filing with the Securities and Exchange Commission (SEC). Sold at an average price of $43.94, the transaction was valued at $878,000.00. The COO …
The DOYALSON-Wyee RSL Club intends to develop a 139-site manufactured home community (MHC) on two lots north of the club, including the the site of the current Raw Challenge fitness course, according to what lakesmail.com.au tells MHProNews. The club has filed to rezone the land from RU6 Transition to RE2 Private …
New Manufactured Home Community Planned in Australia Read More
MHProNews has learned from financialnewsnetwork that Russell Frank Co. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) during Q4 2015 by 4.5 percent following its acquisition of 14,228 additional shares. According to a filing with the Securities and Exchange Commission (SEC), the firm now owns 350,055 shares of the …
Russell Frank buys more Shares of Equity LifeStyle Properties Read More
Adding to the list of home shows that will feature off-site built houses, the Stark County Home and Garden Show is being held this weekend at the Stark County (Ohio) Fairgrounds, as starkcountyhomeandgardenshow tells MHProNews. Sponsored by The Repository and the Building Industry Association of Stark County, Marci Saling-Lesho, vice …
In the news from CNNMoney: Lane Bryant upset that networks will not air ads. Gulf of Mexico pumping oil like never before. Woman who sued Trump University six years ago wants to drop case. U. S. oil and gas rigs fall to 70-year lows. Rich mens’ wallets getting fatter while …
Legacy Homes has taken over production of manufactured homes (MH) in a facility in Eatonton, Georgia that had been occupied by Horton Homes, according to what wmaztv tells MHProNews. Seventy employees have begun working there, and the CEO says they can handle up to 250 to 300 workers on one side, …
Legacy Homes Assumes Production in Facility Abandoned by Horton Homes Read More
Created by Portuguese Architect Samuel Goncalves, his Gomos System modular home can be constructed and installed in three days. Prefabricated concrete modules up to eight feet X 20 feet are connected in a variety of shapes and sizes depending on the buyer’s preference. As us.blastingnews tells MHProNews, the base model …
Updating a story MHProNews last posted Feb. 11, 2016 regarding an ordinance passed by the planning and zoning commission in Mojave County, Arizona that would allow manufactured homes built after June 15, 1976 to be sited, the Board of Supervisors voted unanimously to approve the ordinance, according to kdminer. Originally, …
Supervisors Unanimously Approve Ordinance to Accept HUD Code Homes Read More
The Flamingo Mobile Home Park in Santa Barbara, Calif. has been put on the market, sparking fears among the 69 residents of this seniors only manufactured home community that they may have to move, according to what noozhawk tells MHProNews. The community, which was built in the 1950s, was inherited …
Sixty year-old Manufactured Home Community on the Block Read More
In the news from CNNMoney: Electric bicycle can go up to 40 MPH. Trade pacts have cost some loss of middle class jobs, but so has technological change. FCC wants internet service providers to get permission from customers to share personal info with third party affiliates. Trump’s modeling agency broke …
Year-over-year as of Jan., 2016, the number of homes priced below $100,000 fell by 8.6 percent, as the less expensive homes got snapped up quickly, while the homes priced over $1 million grew by 15 percent, according to the National Association of Home Builders (NAHB), as mpamag informs MHProNews. The …
MHProNews has learned from hometownlife that RHP Properties has acquired the 289 home site Wayson’s Manufactured Home Community (MHC) in Lothian, Maryland. RHP CEO Ross Partrich said, “RHP Properties is pleased to add Wayson’s Manufactured Home Community to our portfolio of high quality communities,” said Partrich. “This desirable community boasts …
RHP Properties Acquires another Manufactured Home Community Read More
With the cost in San Francisco to build a new home running around $700,000 to $800,000, thereby pricing many middle-income and working class people out of the market, one company has begun building modular apartment buildings. BRIDGE is a non-profit developer, and as such can receive government funding and tax …
Modular Apartment Complex will be Bay Area’s First Read More
Iowa American Water has acquired the water systems in three YES! Communities in Davenport, Iowa, adding 850 customers to its roster, as qconline tells MHProNews. Residents of Five Seasons, Lakewood Estates and Silver Creek manufactured home communities (MHC) have been receiving water from Iowa American but through a re-sale agreement. …
Water Company Acquires Water Systems in Manufactured Home Communities Read More
