Sandra Lane, Author at Manufactured and Modular Housing Industry News

Jan 23 2015January 22, 2015

Universal Forest Products Acquires Majority Interest in Australian Packaging Company

By Sandra Lane / January 23, 2015 January 22, 2015 / Manufactured and Modular Housing News

On January 16, Universal Forest Products, Inc. (NASDAQ: UFPI) announced that one of its subsidiaries had closed on the purchase of a majority interest in Integra Packaging Proprietary, Ltd., a manufacturer and distributor of integrated packaging products based in Brisbane, Australia. Founded in 1995, Integra has two locations in Eastern Australia where it …

Universal Forest Products Acquires Majority Interest in Australian Packaging Company Read More

Jan 22 2015January 22, 2015

Rep. Pascrell Wants Better Plan from NJ Gov. Christie to Help Residents Who Lost Manufactured Homes in Hurricane Sandy

By Sandra Lane / January 22, 2015 January 22, 2015 / Manufactured and Modular Housing News

Yes, Hurricane Sandy occurred back in 2012, but there are still people living in the state of New Jersey whose manufactured homes were destroyed in the storm, and who have not received any compensation for their losses. Now Rep. Bill Pascrell, Jr., (D-NJ) thinks that New Jersey Governor Chris Christie …

Rep. Pascrell Wants Better Plan from NJ Gov. Christie to Help Residents Who Lost Manufactured Homes in Hurricane Sandy Read More

Jan 22 2015

Dow jumps over 250 after ECB announces stimulus. MHC Values Continue to Dip

By Sandra Lane / January 22, 2015 January 22, 2015 / Manufactured and Modular Housing News

Overall, MHCV stocks declined 21.3 points from yesterday to 516.1 (-3.97%), but surprisingly, almost all of the MHCV stocks we track saw an increase in value. Examples: AMG 4.03%, LPX 3.62%, DW 3.56%, UMH 3.16%, SUI 2.15%. It seems that financial experts cannot agree on what to say about the …

Dow jumps over 250 after ECB announces stimulus. MHC Values Continue to Dip Read More

Jan 22 2015January 22, 2015

UMH Properties, Inc., Announces New Acquisition

By Sandra Lane / January 22, 2015 January 22, 2015 / Manufactured and Modular Housing News

UMH Properties, Inc. (NYSE: UMH) announced today that it has closed on the acquisition of Holly Acres, a manufactured home community in Erie, Pennsylvania. The purchase price was $3,800,000. PR Newswire tells MHProNews that this all-age community contains a total of 141 developed homesites located on approximately 40 acres. The average occupancy for this …

UMH Properties, Inc., Announces New Acquisition Read More

Jan 22 2015

Two Manufactured Home Communities in Bradenton, Florida, Sell to Different Buyers for Total of $13 Million

By Sandra Lane / January 22, 2015 January 22, 2015 / Manufactured and Modular Housing News

The Bradenton Herald tells MHProNews that two adult living manufactured home communities in Bradenton, Florida, sold this month within days of each other, for a combined amount of $13 million. DeSoto Mobile Estates, 1219 51st Ave., sold to Palm Cove MHC LLC, for $8 million on January 14, according …

Two Manufactured Home Communities in Bradenton, Florida, Sell to Different Buyers for Total of $13 Million Read More

Jan 22 2015January 25, 2015

Older-Model Manufactured Home Leads to Debt-Free Living

By Sandra Lane / January 22, 2015 January 25, 2015 / Manufactured and Modular Housing News

Downsizing seems to be a growing trend these days. There are many stories written about the “tiny houses” people are building, some as small as 150 sq. ft. One couple decided to buy an older model single-wide manufactured home and remodel it. Now, they happily live in a 750 …

Older-Model Manufactured Home Leads to Debt-Free Living Read More

Jan 22 2015January 21, 2015

Home Sales Expected to Surge in 2015

By Sandra Lane / January 22, 2015 January 21, 2015 / Manufactured and Modular Housing News

Depending on what source you read, there is much speculation about what the economy will be like in 2015. Some think that Europe is on the verge of another recession, and wonder if that would affect the United States. There is also some discouraging news about declining stock prices and …

Home Sales Expected to Surge in 2015 Read More

Jan 21 2015January 21, 2015

HUD Secretary Julian Castro Believes More Americans Will Be Able to Buy Homes in 2015

By Sandra Lane / January 21, 2015 January 21, 2015 / Manufactured and Modular Housing News

In his live-streamed fireside chat held Wednesday, HUD Secretary Julian Castro predicted that more Americans will be able to buy their own homes in 2015. He based his optimism on what he called a “confluence of factors” that he believes will encourage more potential homebuyers to take action in buying …

HUD Secretary Julian Castro Believes More Americans Will Be Able to Buy Homes in 2015 Read More

Jan 21 2015

Dow Gained a Few Points on Wednesday As MHC Values Continued to Decline

By Sandra Lane / January 21, 2015 January 21, 2015 / Manufactured and Modular Housing News

MHCV tracked stocks declined slightly: -0.85%. Exceptions were: AMG 2.35%, CG 0.66%, and ELS 0.07%. USA Today tells MHProNews that stocks ended higher Wednesday as traders were encouraged by reports that the European Central Bank was poised to unveil further stimulus measures. The major indexes logged a third straight day of …

Dow Gained a Few Points on Wednesday As MHC Values Continued to Decline Read More

Jan 21 2015January 25, 2015

Aggressive Turkey Entertains Some Residents and Frightens Others at New Hampshire Manufactured Home Community

By Sandra Lane / January 21, 2015 January 25, 2015 / Manufactured and Modular Housing News

George, the turkey, is on the run. He has delighted some residents and frightened others at the Stoneybrook Mobile Home Park, a 55+ community in Seabrook, New Hampshire. Residents who live there don’t know what happened to George’s flock, nor do they know where he stays at night. However, from …

Aggressive Turkey Entertains Some Residents and Frightens Others at New Hampshire Manufactured Home Community Read More

Jan 21 2015January 21, 2015

Residents of Calgary MH Community Being Forced to Move, But Can They Afford It?

By Sandra Lane / January 21, 2015 January 21, 2015 / Manufactured and Modular Housing News

Residents of manufactured home communities in this country and in Canada frequently find themselves evicted from their places of residence for various reasons. Many times, it’s because the land has become too valuable and owners want to sell it for other types of development. Other reasons include cities not wanting …

Residents of Calgary MH Community Being Forced to Move, But Can They Afford It? Read More

Jan 21 2015January 20, 2015

New Upscale MH Community Joins Upscale Neighborhood in New Jersey

By Sandra Lane / January 21, 2015 January 20, 2015 / Manufactured and Modular Housing News

There was a lot of protest at first about a “trailer park” being built in a neighborhood of $300,000 to $700,000 homes in Absecon, New Jersey. This is an upscale community located just west of Atlantic City. Residents bought homes there to enjoy the scenery that overlooks Absecon Bay, an …

New Upscale MH Community Joins Upscale Neighborhood in New Jersey Read More

Jan 20 2015

The Dow Went up a Few Points on Tuesday As Manufactured Housing Composite Values Dipped

By Sandra Lane / January 20, 2015 January 20, 2015 / Manufactured and Modular Housing News

Overall, MHCV tracked stocks went down -3.31%. Only a few had even a slight increase. These included TAVFX 1.34% (Jan.16), AMG 1.23%, DW 1.16%, and KMP 0.38%. The bad news today is that crude oil prices continued to drop. As a result, USA Today tells MHProNews that Baker Hughes (BHI) said …

The Dow Went up a Few Points on Tuesday As Manufactured Housing Composite Values Dipped Read More

Jan 20 2015January 20, 2015

FHFA Director Wants to Step Up Efforts To Increase Affordable Home Ownership

By Sandra Lane / January 20, 2015 January 20, 2015 / Manufactured and Modular Housing News

In an effort to help underserved borrowers, Director Melvin L. Watt of the Federal Housing Finance Agency (FHFA) has ordered the GSEs, Fannie Mae and Freddie Mac, to increase the use of housing counseling. It is hoped that this will assist entry-level borrowers to get into the housing market by …

FHFA Director Wants to Step Up Efforts To Increase Affordable Home Ownership Read More

Jan 20 2015January 20, 2015

HUD Secretary Julian Castro to Answer Housing Questions in Live-Streamed Fireside Chat

By Sandra Lane / January 20, 2015 January 20, 2015 / Manufactured and Modular Housing News

HUD News tells MHProNews that on Wednesday, January 21, at 9:15 a.m. EST, U.S. Housing and Urban Development Secretary Julián Castro will join Zillow’s Chief Economist Stan Humphries for a fireside chat. The event will take place at the Newseum in Washington, D.C. Secretary Castro will take questions from a …

HUD Secretary Julian Castro to Answer Housing Questions in Live-Streamed Fireside Chat Read More

Jan 20 2015January 20, 2015

Drew Industries Announces Acquisition of MH Related Technology Company

By Sandra Lane / January 20, 2015 January 20, 2015 / Manufactured and Modular Housing News

EA Technologies, a manufacturer of custom steel and aluminum parts and provider of electro-deposition (e-coat) and power coating services used in the manufactured housing industry, has been acquired by Lippert Components, Inc., a wholly-owned subsidiary of Drew Industries, Inc. Both companies are located in Elkhart, Indiana. PR Newswire tells MHProNews …

Drew Industries Announces Acquisition of MH Related Technology Company Read More

australian manufactured home community intenational to credit

Jan 20 2015June 13, 2018

Gateway Lifestyles Going Public As MH Living Becomes More Popular Down Under

By Sandra Lane / January 20, 2015 June 13, 2018 / Manufactured and Modular Housing News

Gateway Lifestyles, an Australian company that specializes in the development and management of “residential parks” has hired two global financial services companies, UBS and Macquarie, to oversee the initial public offering of its manufactured housing parks business. Currently, Gateway owns 22 parks. The Australian Business Review tells MHProNews, that the …

Gateway Lifestyles Going Public As MH Living Becomes More Popular Down Under Read More

Jan 19 2015January 19, 2015

Have Fun While Attending the 2015 Louisville Manufactured Housing Show

By Sandra Lane / January 19, 2015 January 19, 2015 / Manufactured and Modular Housing News

The weatherman has been kind to the Louisville Manufactured Housing Show. He is predicting warm to moderate weather, which means you can take in some of the sights in this area without having to wear too many layers of clothing. One of the most interesting sights to see is the …

Have Fun While Attending the 2015 Louisville Manufactured Housing Show Read More

Jan 19 2015January 19, 2015

Stock Market Is Closed Today in Observance of Martin Luther King’s Birthday

By Sandra Lane / January 19, 2015 January 19, 2015 / Manufactured and Modular Housing News

U.S. Markets are closed today in observance of Martin Luther King Day. We will have results of selected Manufactured Housing Composite Values and other stock information after the market closes at 4 p.m. ET on Tuesday, January 20, 2014. ## Article Submitted by Sandra Lane to – Daily Business News- MHProNews. …

Stock Market Is Closed Today in Observance of Martin Luther King’s Birthday Read More

Jan 19 2015January 19, 2015

Church in a Modular Building? Not In Our Neighborhood!

By Sandra Lane / January 19, 2015 January 19, 2015 / Manufactured and Modular Housing News

Residents of a subdivision in Thomaston, Georgia, indicated they did not want a modular building that would “temporarily” house a church congregation in their neighborhood. Others said they did not want a church in their neighborhood at all. This controversy centers around a request from a church group to put …

Church in a Modular Building? Not In Our Neighborhood! Read More

Sandra Lane

Universal Forest Products Acquires Majority Interest in Australian Packaging Company

Rep. Pascrell Wants Better Plan from NJ Gov. Christie to Help Residents Who Lost Manufactured Homes in Hurricane Sandy

Dow jumps over 250 after ECB announces stimulus. MHC Values Continue to Dip

UMH Properties, Inc., Announces New Acquisition

Two Manufactured Home Communities in Bradenton, Florida, Sell to Different Buyers for Total of $13 Million

Older-Model Manufactured Home Leads to Debt-Free Living

Home Sales Expected to Surge in 2015

HUD Secretary Julian Castro Believes More Americans Will Be Able to Buy Homes in 2015

Dow Gained a Few Points on Wednesday As MHC Values Continued to Decline

Aggressive Turkey Entertains Some Residents and Frightens Others at New Hampshire Manufactured Home Community

Residents of Calgary MH Community Being Forced to Move, But Can They Afford It?

New Upscale MH Community Joins Upscale Neighborhood in New Jersey

The Dow Went up a Few Points on Tuesday As Manufactured Housing Composite Values Dipped

FHFA Director Wants to Step Up Efforts To Increase Affordable Home Ownership

HUD Secretary Julian Castro to Answer Housing Questions in Live-Streamed Fireside Chat

Drew Industries Announces Acquisition of MH Related Technology Company

Gateway Lifestyles Going Public As MH Living Becomes More Popular Down Under

Have Fun While Attending the 2015 Louisville Manufactured Housing Show

Stock Market Is Closed Today in Observance of Martin Luther King’s Birthday

Church in a Modular Building? Not In Our Neighborhood!

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