Matthew Silver

Following a 25-year career operating a custom hardwood furnishing business and occasional writing, Matthew Silver has been writing professionally for over a dozen years, six of those for the factory-built housing industry. Otherwise, he may be found performing folk music in the Indianapolis area.

Modular Homes Built to Mimic Hobbit Holes

MHProNews has learned from wtop1h, although no movies based upon “The Hobbit” or “Lord of the Rings” trilogy are in the works for the holiday season, Florida’s Green Magic Homes has developed “hobbit holes,” designed to be part of the landscape like the homes from the mythical Shire in “Lord …

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MHC Management Sets Payment Plan for Miscalculated Charges

Kingsley management, which had undercharged hundreds of residents for rent and water at three manufactured home communities (MHC) in three Colorado cities, initially offered payment options, but then threatened eviction, according to thedenverchannel. The company’s lawyer had told the residents in the Front Range MHC not to pay the back …

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Manufactured Home Organizations help Sponsor Annual Food Drive

Continuing a tradition, as MHProNews reported Dec 12, 2014, the Delaware Manufactured Homeowners Association and the First State Manufactured Housing Association teamed up with other organizations, schools and businesses in Sussex County to sponsor the 32nd annual Caroling on the Circle in Georgetown. Over 400 carolers gathered in the downtown …

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Jeffrey L. Gendell Continues Unloading Patrick Stock

Following the continuing story of Jeffrey L. Et Al Gendell’s dumping of Patrick Industries’ stock since Nov. 2014, dakotafinancialnews reports he sold another 57,399 shares of Patrick on Fri., Dec. 4 at an average price of $42.49 for a net transaction of $2,438,883.51, as disclosed in a legal filing with …

Jeffrey L. Gendell Continues Unloading Patrick Stock Read More

Sun Stock Rises Alone as Third Avenue Value Fund, UFPI Drop Sharply

In the news from CNNMoney: Morgan Stanley slashes 1,200 jobs around the globe. Smith & Wesson gun sales up 32 percent this year. Following weak trade data from China, Dow falls nearly one percent. Oil drops below $37/bbl. Global mining giant Anglo American to cut 65,000 jobs in next few …

Sun Stock Rises Alone as Third Avenue Value Fund, UFPI Drop Sharply Read More

Passages: Mary “Irene” Younkin

Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame …

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Sun Lights Up with Distributions

From Southfield, Michigan, the board of directors for real estate investment trust (REI)T Sun Communities, Inc. (NYSE:SUI) announces quarterly dividends on three different stocks, according to euroinvestor: $0.65 per share of common stock payable Jan. 15, 2016 to shareholders of record Dec. 31, 2015; $0.4453125per share on the Company’s 7.125% …

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Passages: Darla Blanchard

The Texas Manufactured Housing Association (TMHA) informs MHProNews that long-time TMHA member Darla Blanchard of Lumberton, TX passed away Dec. 6 at age 54 after a long battle with cancer. She and her husband, Tommy, own and operate World Wide Homes in Lumberton. MHProNews sends its deepest sympathies to her …

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Rural Scott County Iowa only Allows Multi-Section Manufactured Homes

In response to a reader’s question about siting manufactured homes (MH)on private property in specific east central Iowa locales, Tim Huey, Scott County Planning Director replies to qctimes that in rural areas, “We do not treat manufactured housing any differently than site-built homes. If a property retains a development right …

Rural Scott County Iowa only Allows Multi-Section Manufactured Homes Read More

Manufactured Home finally Saved from Creek

Following a story MHProNews last posted March 14, 2015 about a couple in Lewis Center, Ohio whose manufactured home was sliding into a creek next to their home, after numerous inspections and visits from commissioners, the state helped fix the situation, according to wbns10tv. The fix involved installing a retaining …

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More MH-related Stocks Slip than Rise

In the news from CNNMoney: U. S. tries to prevent Office Depot/Staples merger. Gun stocks surge after Obama speech. Oil ends at $37.65/bbl, lowest in almost seven years. Twelve million jobs added since the recession. Trump says Washington Post is Amazon tax shelter. Finland wants to give every adult $10,000. …

More MH-related Stocks Slip than Rise Read More

Texas Gov. Appoints Richards to MH Board

According to gov.texas that Gov. Greg Abbott has appointed Ronald M. “Ronnie” Richards, long-time vice-president of marketing for manufactured and modular home builder American Homestar Corporation, now retired, to the Texas Manufactured Housing (MH) Board. The board regulates the MH industry in Texas. Currently part-owner of a wedding and reception …

Texas Gov. Appoints Richards to MH Board Read More

Drew Principals Sell over 40k Shares of Stock

The sell off of Drew Industries, Inc. stock by principals of the company continues as Chief Financial Officer (CFO) Joseph S. Giordano III sold 8,000 shares of the company at an average price of $61.00 for a net transaction of $488,000.00, dated Fri., Nov. 27, according to midsouthnewz. He now …

Drew Principals Sell over 40k Shares of Stock Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015

What’s New in public focused Manufactured HomeLivingNews.com Personalizing Your Custom Home – at Half the Cost Sneak a Peek! What Millions Knows – Hiding in Plain Sight – The Home of the Future What’s New in Manufactured Housing Industry Professional News HUD Code Home Production Continues Ascending. Multiple Insider Trades …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015 Read More

Old Travel Trailers Renovated for Camping Grounds

If Kim Mele has her way, next summer she will have a campground near Methow, Washington, renting out 12 vintage travel trailers to campers who want to spend a few days in the woods on riverfront property, according to what methowvalleynews tells MHProNews. Each unit is being refurbished with a …

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Insider Trading Continues at Drew Industries

As MHProNews reported Nov. 26, 2015, Drew Industries, Inc.’s Chief Administrative Officer Jamie Schnur sold 1,626 shares of Drew stock at $59.41 per share for a transaction valued at $96,600.66. On Nov. 16, 2015 he sold 1,720 shares of company stock for $100,620.00. He continues to be involved in insider …

Insider Trading Continues at Drew Industries Read More

211,000 New Jobs push Dow up 369 points; MHCV Advances 1.58 Percent

In the news from CNNMoney: Amazon destroying Banes & Noble. Economy adds 211,000 jobs in October, unemployment remains at 5 percent. OPEC cannot agree about oil output. Volkswagen’s sales slipping. Australian brewer recalling one million bottles of beer. Silicon Valley nonprofit receiving funds from China. Meanwhile, the Yahoo Manufactured Housing …

211,000 New Jobs push Dow up 369 points; MHCV Advances 1.58 Percent Read More

$11M Fannie Mae MHC Loan comes through Capital One

MHProNews has received word from Capital One that it has arranged an $11 million Fannie Mae fixed-rate loan to refinance Old Plantation manufactured home community (MHC) in Riverside, California. Damon Reed, Senior Vice President and Capital One Multifamily’s Director of MHC Finance, originated the transaction for the 223, all-age home …

$11M Fannie Mae MHC Loan comes through Capital One Read More

Capital One Arranges $7.7M Loan for Manufactured Home Community

MHProNews has learned from abladvisor that Damon Reed, Senior Vice President and Capital One’s Director of MHC Finance, arranged a $7.7 million refinance Fannie Mae loan for Casa de Flores manufactured home community (MHC) in Chico, California. The owner intends to retire higher-rate interest debt and make improvements to the …

Capital One Arranges $7.7M Loan for Manufactured Home Community Read More

Baby Boomers Take it on the Chin for High Home Prices

Baby Boomers are not downsizing fast enough, and by not putting their homes on the market, they are creating the inventory shortage that is driving up prices, making it tougher on would-be first-time homebuyers. This is clogging up the “whole chain of homes sales,” according to Sean Becketti, a chief …

Baby Boomers Take it on the Chin for High Home Prices Read More

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