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Skyline, LPX Drop! Sun & ELS Buck Dive, MHCV Slips Again, Broader Markets Retreat

Breaking news – President-elect Donald Trump has announced that Sprint will be bringing thousands of jobs – about 5000 – back to the United States. A new company – OneWeb is hiring 3,000 people – the president-elect announced at  a news conference minutes after 5 PM ET. Noteworthy headlines on CNNMoney –Trump’s …

Skyline, LPX Drop! Sun & ELS Buck Dive, MHCV Slips Again, Broader Markets Retreat Read More

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Small Business Optimism Soars Post-Election

“What a difference a day makes,” said Juanita Duggan, President and CEO of the National Federation of Independent Business (NFIB). “Before Election Day small business owners’ optimism was flat, and after Election Day it soared.” “This month we bifurcated the data to measure the results before and after the election,” …

Small Business Optimism Soars Post-Election Read More

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UFPI, LPX lead gainers, as MHCV slides, Nasdaq New Record, No 20000 Dow, yet

Noteworthy headlines on CNNMoney – Carrie Fisher, ‘Star Wars’ Princess Leia, dies at 60. Obamacare premium hikes called ‘one-time’ fix. Feds bust Chinese hackers over stolen law firm secrets. Europe’s weakest bank needs even more help. Saudi Arabia will tax expats and hike gas prices again. Noteworthy headlines on MarketWatch …

UFPI, LPX lead gainers, as MHCV slides, Nasdaq New Record, No 20000 Dow, yet Read More

Insider Selling, Investor Movement at Affiliated Managers Group Inc.

Affiliated Managers Group Inc. (NYSE:AMG) has seen a flurry of activity recently. Per Baseball News Source, CEO Sean M. Healey sold 62,000 shares of stock on December 15th. The stock was sold at an average price of $154.84, for a total transaction of $9,600,080.00. Healey now directly owns 122,292 shares in …

Insider Selling, Investor Movement at Affiliated Managers Group Inc. Read More

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Insider Trades, Plus Investor Action, Announcements at Sun Communities

Sun Communities Inc. (NYSE:SUI) has seen several insiders, investors and analysts taking action recently. According to Community Financial News, Director Stephanie W. Bergeron sold 4,850 shares of stock on November 17th. The stock was sold at an average price of $70.63, for a total value of $342,555.50. Bergeron now owns …

Insider Trades, Plus Investor Action, Announcements at Sun Communities Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 18th, 2016 – December 25th 2016

As December rolls on, the current featured articles are found on the MHProNews home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 18th, 2016 – December 25th 2016 Read More

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Christmas! Business Donates Manufactured Homes to Those in Need

The Christmas spirit is alive and well around the nation in the manufactured housing industry this season. Michael A. McClendon runs a nonprofit outreach organization, Whatever It Takes, that was designed to help homeless men. Then, a woman approached him in need with her two children. Her husband had beaten …

Christmas! Business Donates Manufactured Homes to Those in Need Read More

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NorthStar, Drew Industries, Manufactured Housing CV and Markets End Up

Noteworthy headlines on CNNMoney – Just how far will Trump go on China and Mexico? DOJ vs. banks: $60B in fines for toxic mortgages. Be “very afraid” about globalization’s next phase. Deutsche Bank strikes $7.2 billion deal with U.S. Some bullets from MarketWatch – Putin says Democrats lost U.S. election …

NorthStar, Drew Industries, Manufactured Housing CV and Markets End Up Read More

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U.S. Existing Homes Sales Reach Highest Level in Nine Years

Data from the National Association of Realtors (NAR) shows that Americans bought homes in November at the fastest pace in nearly a decade. Sales of existing homes rose 0.7 percent last month to a seasonally adjusted annual rate of 5.61 million housing units. That was up from a downwardly revised …

U.S. Existing Homes Sales Reach Highest Level in Nine Years Read More

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Skyline, Sun Communities Up, Down Day Manufactured Housing CV, Broader Markets Slip Again

Noteworthy headlines on CNNMoney – U.S. inequality keeps getting uglier. Elizabeth Warren watchdog under siege. Economy is stronger than we thought. Trump picks press secretary, communications director. Some bullets from MarketWatch – Five ways Trump will give Americans more opportunities. Icahn: If you’re going to have a trade war with …

Skyline, Sun Communities Up, Down Day Manufactured Housing CV, Broader Markets Slip Again Read More

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Inside Look – Tricon Capital’s Recent Manufactured Home Community Moves

Toronto, Canada based Tricon Capital Group Inc. (TCN.TO), recently announced that its Tricon Lifestyle Communities (“TLC”) investment vertical has acquired a portfolio of three manufactured housing communities in California comprising a total of 421 residential pads for $30.4 million. Tricon Capital tells the Daily Business News that two of the …

Inside Look – Tricon Capital’s Recent Manufactured Home Community Moves Read More

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President-Elect Trump Narrows Choices for Key Housing Positions

As President-elect Donald Trump moves closer to inauguration day, he is narrowing the list of candidates to fill critical roles at the Department of Housing and Urban Development (HUD) and Federal Housing Administration (FHA). Per National Mortgage News, sources familiar with the situation say that the Trump team is considering …

President-Elect Trump Narrows Choices for Key Housing Positions Read More

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UMH Properties Makes More Moves, Promotion Announced

UMH Properties, Inc. (NYSE: UMH) has been busy in the week leading up to the Christmas holiday. UMH announced on December 19th that it has closed on its $4.33 million acquisition of a community in Ohio. The all-age community contains 124 developed homesites situated on approximately 121 acres with and occupancy …

UMH Properties Makes More Moves, Promotion Announced Read More

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Patrick, NorthStar Realty Lead Manufactured Housing Comp Value, Broader Markets Slip on Profit Taking

Noteworthy headlines on CNNMoney – U.S. manufacturing job openings at 2007 levels. Hyundai fires its U.S. CEO. Trump forms new trade council to stop “exodus of jobs.” Twitter executive exodus put pressure on Dorsey. Some bullets from MarketWatch – Fake day trading firm alleged to have pocketed $1.4 million. Ray …

Patrick, NorthStar Realty Lead Manufactured Housing Comp Value, Broader Markets Slip on Profit Taking Read More

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Skyline, Patrick Lead Manufactured Housing CV, Dow Closing in on 20,000

Noteworthy headlines on CNNMoney – Berlin Christmas market attack: ISIS claims responsibility. Russian “methbot” fraud steals $180M in ads. Orlando victims sue Facebook, Google, Twitter. GM cutting 1,300 jobs at only plant inside Detroit. Some bullets from MarketWatch – The next target for the S&P 500 is 2,350. More signs …

Skyline, Patrick Lead Manufactured Housing CV, Dow Closing in on 20,000 Read More

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Drew Industries Announces Big Change for Dec 30th, 2016

Drew Industries Incorporated (NYSE: DW) has announced that its Board of Directors has approved changing the Company’s corporate name to “LCI Industries.” Through its wholly owned subsidiary Lippert Components, Inc. (LCI) and its subsidiaries, Drew Industries supplies a broad array of components for the leading OEMs of recreational vehicles (RVs) …

Drew Industries Announces Big Change for Dec 30th, 2016 Read More

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Chinese, Spanish Power Players Plan Prefab Factories

The affordable housing crisis in the U.K. has presented challenges and opportunities. Two companies are making a significant move to solve those challenges and into the U.K. market. Beijing, China based China National Building Material Company (CNBM), an industrial company and Barcelona, Spain based Barcelona Housing Systems are joining forces …

Chinese, Spanish Power Players Plan Prefab Factories Read More

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AMG lone slider – Sky, UMH Lead Manufactured Housing CV, Broader Markets up too

Noteworthy headlines on CNNMoney – Trump’s big cabinet surprise. Minimum wage going up in 21 states, 22 cities. IMF head Christine Lagarde guilty of negligence. Half of U.S. workers aren’t using all their vacation days. Some bullets from MarketWatch – Treasury yields see largest daily drop since August as Russian …

AMG lone slider – Sky, UMH Lead Manufactured Housing CV, Broader Markets up too Read More

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Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 11th, 2016 – December 18th 2016

As December rolls on, a new set of featured articles are found on the MHProNews’ home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …

Sunday Morning Weekly Recap – Manufactured Housing Industry News – December 11th, 2016 – December 18th 2016 Read More

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NorthStar Realty, UMH Lead Up Day for Manufactured Housing CV, Broader Markets Down to Finish Week

Noteworthy headlines on CNNMoney – CEO who voted for Trump likes what he sees. Carrier neighbor shipping 300 jobs to Mexico. Boeing: 150,000 U.S. aviation jobs depend on China. Wells Fargo account openings dive 41 percent. Some bullets from MarketWatch – Stock gains evaporate after China seizes U.S. underwater drone. …

NorthStar Realty, UMH Lead Up Day for Manufactured Housing CV, Broader Markets Down to Finish Week Read More

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