With over 4,000 homeless people on the streets every night in San Jose, California, and 6,500 homeless in Santa Clara County, city officials plan to install manufactured homes on a plot of city-owned land to house up to 170 people. Purchased with state development funds, each home will have six …
The Caswell County (North Carolina) Commissioners (NC) split evenly on a vote to consider using cement fiberboard as an alternative to brick for skirting on manufactured homes (MH), and asked Building Inspector Ray Pulliam to further investigate if it is suitable, as caswellmessenger informs MHProNews. Several said using brick is …
Commissioners Reject Cement Fiberboard for MH Skirting Read More
Calling it “slow but steady progress,” the National Association of Home Builders (NAHB) reports to MHProNews that the Housing Market Index for March was unchanged at 58, after rising to 64 last October, which was a ten-year high. January saw sales of existing homes hit the second highest rate of …
Builder Confidence for Single-family Homes Remains at 58 Read More
The non-profit Semcac, a community action agency in southeastern Minnesota, has funding available to loan to eligible residents for rehabilitating their homes, including manufactured homes (MH). The 0 percent interest loans have a 15-year term—ten-year for MH, providing it is in an MHC, as southernminn tells MHProNews, all funded through the …
Minnesota Housing Providing Loans to Rehab Manufactured Homes Read More
In the news from CNNMoney: Trump’s 500 businesses would provide monumental ethical dilemma should he become president. UK to charge soda tax on sugary drinks. College student 3D printed his own braces. Americans fear dead-end jobs leading to lousy wages. Fed holds off on raising interest rates amid fears of …
MHProNews has learned from financial-market-news that Dimensional Fund Advisers LP raised its stake in manufactured and modular home builder Cavco Industries, Inc.(NASDAQ:CVCO) by 8.8 percent during Q4 2015. After purchasing an additional 29,519 shares, the firm now owns 366,796 shares of Cavco stock. Dimensional now owns 4.12 percent of Cavco …
Institutional Investors Increase Stake in Cavco Industries Read More
Franklin Homes of Russellville, Alabama has informed MHProNews that Joel S. Logan II has been tapped to serve as General Manager of Franklin, a post he assumed March 14, 2016. With over 20 years in the manufactured housing industry, Logan led the founding of Pinnacle Homes of Alabama in 1996, …
Commercial real estate investment services firm Marcus & Millichap informs MHProNews that Dan Mulkey of M&M’s Tampa office represented the seller and the buyer in the sale of two adjoining manufactured home communities (MHC) in Tampa, Fla. The buyer, a private investor who owns several MHCs in the area, paid …
Marcus & Millichap Arrange Sale of Florida MH Communities Read More
In the news from CNNMoney: Campari buying Grand Marnier. Trump says fix U. S. trade. Unpaid subprime car loans hit 20-year high. Harrison Ford doing 5th Indiana Jones. Volkswagen investors file $3.6 billion lawsuit. Sony buys Beatles catalog for $750 million from Michael Jackson’s estate. Closest habitable planet to Earth …
UMH Properties, Inc. is in the final stages of extensively rebuilding the Memphis Blues manufactured home community, including re-engineered flood protection, at the former site of the Memphis Mobile Community (MMC), severely damaged by flooding. The new community is gated, and features a playground and 24-hour on-site management, as MHProNews …
Memphis Blues MHC near Completion by UMH Properties Read More
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 …
