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.

Supreme Court ruling could Open the Floodgates against Manufactured Home Community Owners

By / July 7, 2015 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

The Fair Housing Act (FHA) does not allow discrimination in the buying, selling, use or renting of homes, which fall under the category of “intentional.” Under a recent ruling by the United States Supreme Court (SCOTUS), in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc., 576 …

Supreme Court ruling could Open the Floodgates against Manufactured Home Community Owners Read More

Wells Fargo Actively Pursing the Manufactured Home Community Loan Market

By / July 7, 2015 / Business, Communities, Company News, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes

Already the largest presence in the U. S. mortgage market, Wells Fargo (NYSE:EFC) is expanding its ambitions in the commercial real estate market, and more specifically, in the manufactured home community (MHC) sector. The acquisition of a $9 billion commercial loan portfolio from General Electric has imbued Wells Fargo with …

Wells Fargo Actively Pursing the Manufactured Home Community Loan Market Read More

Australia’s Ingenia Acquires Manufactured Home Community in Brisbane

By / July 6, 2015 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes

MHPronews has learned from couriermail Ingenia Communities Group has acquired manufactured home community Upstream Bethania in its target market of Brisbane, Australia, and very near to Chambers Pines Lifestyle Resort, another recent purchase. The newest acquisition has 54 developed homesites, and work will begin immediately on the 74 additional approved …

Australia’s Ingenia Acquires Manufactured Home Community in Brisbane Read More

May Manufactured Home Production Shows Modest Gain

By / July 6, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes

According to official statistics released by the U. S. Department of Housing and Urban Development (HUD), production of HUD Code manufactured homes hit 5,798 in May, 2015, a modest increase of 1.1 percent over the 5,733 homes built in May of 2014. However, industry production on the year is 8.8 …

May Manufactured Home Production Shows Modest Gain Read More

Record Attendance Expected at the RV/MH Induction Ceremony

By / July 6, 2015 / Awards, Manufactured and Modular Housing News, Manufactured Homes, RV

Registrations for the 2015 RV/MH Hall of Fame Induction Dinner set for Monday, Aug. 3 are running 13 percent ahead of last year’s record-breaking attendance of 447, according to Darryl Searer, president of the RV/MH Hall of Fame (Hall). There are less than 30 days to register for the event …

Record Attendance Expected at the RV/MH Induction Ceremony Read More

Chinese Government Tries to Control Stock Market; U. S. Markets Flat

By / July 6, 2015 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Oil prices fall below $53 per barrel, banks remain closed in Greece, volatile Chinese economy more threatening than anything in Greece, and Warren Buffett donates $2.8 billion to charity. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -0.64 percent to end the day at …

Chinese Government Tries to Control Stock Market; U. S. Markets Flat Read More

Demand Continues for Manufactured Homes in the Twin Cities

By / July 6, 2015 / Business, Communities, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People, Trends

While the startribune informs MHProNews that manufactured homes (MH) were the original affordable housing in rural and suburban Minnesota, in the twin cities area of Minneapolis-St. Paul the number of occupied MH has fallen 12 percent since 2001 to 13,660 homes. Nationally, the number of manufactured homes shipped dropped drastically …

Demand Continues for Manufactured Homes in the Twin Cities Read More

Study Enforces UK Need for Modular Homes

By / July 6, 2015 / Advocacy, Business, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

A study by the Institution of Mechanical Engineers (IME) in Great Britain reiterates the need for 250,000 new homes each year for the next decade, as MHProNews reported July 2, 2015 instead of the 120,000 new units currently being produced, according to telegraph.co.uk. IME suggests modular homes would ease the …

Study Enforces UK Need for Modular Homes Read More

Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015

By / July 4, 2015 / Business, Canada, Communities, Company News, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

Our goal in presenting news and views from the manufactured and modular home industry is to help you, our readers, make the best possible decision in your business. To that end, we continue to upgrade our presentation to better inform you. In this week’s news you will read of developments …

Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015 Read More

Restrictions Lifted on Manufactured Homes Siting

By / July 4, 2015 / Business, Canada, Communities, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation

The appeal to people who cannot afford traditional built homes is leading the city of Medicine Hat, Alberta, Canada to alter its land use rules for manufactured and modular homes so that any singe-detached home can be classified as a dwelling and sited anywhere in town. Planning Commission Chairman Brian …

Restrictions Lifted on Manufactured Homes Siting Read More

Gendell Sheds another Chunk of Patrick Stock

By / July 3, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

Following up on stories from June 8 and June 19, 2015 regarding the sale of shares of Patrick Industries, Inc. (NYSE:PATK) by Jeffrey L. Et Al Gendell, wkrb13 informs MHProNews that Gendell sold another 2,700 shares of the company’s stock at $39.05 per share for a net value of $105,435.00. …

Gendell Sheds another Chunk of Patrick Stock Read More

Equity LifeStyle Acquires Recreational Vehicle Resort in Florida

By / July 3, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

The Miami Everglades RV Resort in southwest Miami has been sold for $9.84 million by Miami Everglades Campground of Friendswood, Texas to MHC Miami Everglades, which is part of Equity LifeStyle Properties, Inc. (NYSE:ELS) of Chicago. Developed in 1970, the property includes cabins, a main store and a swimming pool. …

Equity LifeStyle Acquires Recreational Vehicle Resort in Florida Read More

Labor Shortage to Hinder Housing Growth?

By / July 3, 2015 / Business, home buyers, Manufactured and Modular Housing News, Trends

While many housing numbers are showing sometimes staggered but overall general improvement, employment in the residential construction industry dropped by 6,100 jobs last month, the weakest numbers in five years. Residential specialty contractor jobs increased by 3,700 jobs, resulting in a net loss of 2,400 slots. The three-month moving average …

Labor Shortage to Hinder Housing Growth? Read More

Rentals Increasing for UMH; Date Set for Releasing Q2 2015 Results

By / July 3, 2015 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes

With buyers experiencing difficulties finding financing to buy manufactured homes (MH), UMH Properties, Inc. (NYSE:UMH) President and CEO Sam Landy says the company is doing well with rentals and expects occupancy rates to reach “high 90 percent,” according to reit. Noting that the company intends to add 500 rental units …

Rentals Increasing for UMH; Date Set for Releasing Q2 2015 Results Read More

Skyline Outshines Dow and other Manufactured Housing Stocks

By / July 2, 2015 / Business, Manufactured and Modular Housing News, Stocks

Chinese stocks fell again today in a highly volatile session. The Shanghai stock market closed down -3.5 percent, making losses since mid-June hitting 20 percent. Puerto Rico staved off deeper financial problems for the moment by paying off $1.9 billion in debt on Wed. Meanwhile, the Yahoo Manufactured Housing Composite …

Skyline Outshines Dow and other Manufactured Housing Stocks Read More

Redeveloping Land Lease Community Put on Hold Again

By / July 2, 2015 / Canada, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Updating a story MHProNews last posted June 16, 2015 regarding the repurposing of a manufactured home community (MHC) into a senior’s health care facility, thenownewspaper reports the Surrey (British Columbia, Canada) City Council has for the second time delayed approval of the project, this time in a 5-4 vote. With …

Redeveloping Land Lease Community Put on Hold Again Read More

Attack on State Rep. Hastens Contract for Modular Housing

By / July 2, 2015 / Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular, People

Following a story MHProNews last reported on June 23, 2015 regarding proposed container units modified into modular housing for homeless residents of Honolulu, Mayor Kirk Caldwell had refused to sign a budget because funding for the program was not provided. As staradvertiser reports, in the aftermath of the assault on …

Attack on State Rep. Hastens Contract for Modular Housing Read More

Manufactured Housing on Table for UK Affordable Housing Confab

By / July 1, 2015 / Business, Economy, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

The government in the United Kingdom continues to fall short of providing affordable housing because of its reliance on the private sector, according to worldcement/europe. Noting the need for 250,000 homes annually to tackle the spiraling home prices and the critical shortage of affordable housing, MHProNews understands the benefits of …

Manufactured Housing on Table for UK Affordable Housing Confab Read More

Urban Land Institute Chooses Randall K. Rowe as Chairman

By / July 1, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

Randall K. Rowe, Chairman of Green Courte Partners, LLC has been chosen to lead a global organization dedicated to creating communities that are livable, economically prosperous and environmentally sustainable. As Global Chairman of the Urban Land Institute (ULI), an education and research non-profit founded in 1936, Rowe will have three …

Urban Land Institute Chooses Randall K. Rowe as Chairman Read More

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