CEO Philip Fraser of Killam Properties, who called Ottawa, Canada, the nation’s capital, “one of the strongest cities for long-term investment in Ontario,” says his company is on the prowl for more acquisitions there, reports the OttawaBusinessJaournl. Based in Halifax, Nova Scotia, Killam purchased a 25 percent share in a …
NorthernOntarioBusiness reports Wincrief Modular Homes in Kenora, Ontario, Canada is a partnership between Moncrief Construction Ltd. and Wabassemooong (Whitedog) Independent Nation, utilizing a First Nation workforce. Wincrief began slowly nearly two years ago and has now sold 28 homes, some of them locally, and is now building duplexes for a …
iStockAnalyst informs MHProNews Killam Properties, Inc. of Halifax, Nova Scotia, Canada reports their financial results for the third quarter 2012 saw funds from operations (FFO) fall from $0.216 per share in Q3 2011 to $0.213 as the net proceeds from the sale of 12 MHCs in May were not yet …
The CalgaryHerald tells MHProNews the provincial government of Alberta, Canada has taken the first step towards making warranty coverage for new homes in the province mandatory, a move that could add up to $2,000 to the price. The New Home Buyer Protection Act would cover manufactured and modular homes, single-family …
RVBusiness reports with 21 manufactured home communities and 35 recreational vehicle resorts along Hurricane Sandy’s path, Equity LifeStyle Properties Inc. (ELS) experienced minimal damage, and no one among staff or residents was known to have been injured. Preliminary reports indicate property damage amounting to under $500,000 was sustained, mostly for …
BillingsGazette tells MHProNews Bainville, Mont. in the northeastern part of the state has a population of 300 and town budget of $250,000. ProCore Logistics LLC of Calgary, Alberta, Canada is investing $30 million locally in support of the Bakken oil boom (centered 28 miles away in Williston, North Dakota) for …
The billingsgazette reports because housing is so scarce and wages are so great in the Bakken Oilfield in western North Dakota, the running joke is the oilfield holds the record for homeless people with $100,000 incomes. A housing summit last spring determined the need for 5,000 housing units for the …
CanadaNewswire tells MHProNews Halifax, Nova Scotia-based Killam Properties, Inc. (TSX:KMP) announces the board of directors has declared a monthly dividend of $0.04833 per share will be paid to shareholders of record Oct. 31, 2012 on Nov. 15, 2012. This is the same monthly dividend amount that was paid Oct. 15. …
According to dl-online in west central Minnesota, Homark Homes of New York Mills, MN is building two modular bunkhouses for a gold mine in Musselwhite, Ontario, Canada. Each building will measure 28 feet by 282 feet and will house 76 mining workers in two-man units. While their focus remains on …
NetNewsLedger reports from the northern Ontario, Canada town of Attawakispat on James Bay, the manufactured homes that were brought over the winter ice road have been sited during the summer. A disagreement between Minister of Aboriginal Affairs John Duncan and the Attawakispat First Nation leaders over funding management has led …
First Nation Tribe Seeks more Manufactured Housing Read More
Testifying before the office of the U. S. Trade Representative in Washington, D.C. the National Association of Home Builders’ (NAHB) CEO Jerry Howard urged the federal government to avoid involving the U.S.-Canada softwood lumber accord in the Trans-Pacific Partnership Trade Agreement (TPP) talks. “Reopening the U.S.-Canada softwood lumber agreement would …
JetsonGreen reports Hive Modular in Minneapolis, Minnesota is making inroads into the neighborhoods of Calgary, Alberta, Canada. The B-Line Medium 010, with 2,075 square feet, offers three bedrooms and two-and-a-half baths, and features Plyboo cabinets, Hardie fiber cement exterior, Cambria countertops, Ames tile and Insteon lighting controls. With energy efficient …
IdahoBusinessReview reports Mesa, Arizona-based Greenstar Building Systems has purchased a building in Weiser, Idaho to make modular housing for workers at oil and mining camps. The 67,000 square-foot building was previously owned by Champion Homes, which consolidated its work force into another building during the housing turndown. Greenstar anticipates hiring …
DividendInvestor reports Canadian MHC owner Killam Properties, Inc. (TSX:KMP) has declared a dividend of $0.0483 per share payable Oct. 15, 2012 to shareholders of record as of Sept. 28, 2012. Having paid dividends since 2007, Killam has a current dividend yield of 4.5%. As MHProNews has learned, the company owns …
piquenewsmagazine reports from Pemberton in British Columbia, Canada north of Vancouver, a 22 unit modular building will provide affordable housing for seniors and people with disabilities. Pemberton Villas meet EnerGuide 80 standards and contain features designed for seniors and people with disabilities. The four million dollar project was funded by …
FloridaToday reports Deland, Florida-based ConSol International, LLC is shipping eight modular homes from Port Canaveral to an indigenous First Nation community in Labrador, part of Newfoundland on the Atlantic Coast of Canada. Con Sol’s co-owner Chris Wallington says he typically uses the Port of Jacksonville, to ship his modular homes, …
Killam Properties, Inc., in its expansion efforts outside Atlantic Canada, announces it has acquired a four building, 244-unit apartment portfolio in Ottawa, Ontario, bringing its overall total to 11,638 apartment units. Based in Halifax, Nova Scotia, Canada, MHProNews has learned Killam owns and operates over 50 manufactured housing communities comprising …
The ChronicleHerald of Canada tells MHProNews 300 families in the Mountain View Estates manufactured housing community at Lake Echo in Nova Scotia have been without potable water since last December. MHC owner Killam Properties, Inc. of Halifax, Nova Scotia has issued monthly updates saying the boil-water order remains in effect …
Stockhouse tells MHProNews the Canada Mortgage and Housing Corporation (CMHC) says the outlook for average rental apartment vacancies is not expect to change from the second quarter forecast of 2.2% for this year and 2.1% for 2012. Regionally for 2013 the lowest vacancy rates are forecast for Vancouver at 0.9%, …
evergeticcity reports the grand opening of Heritage Manor III in Fort St. John in northern British Columbia, Canada, an eight unit senior’s modular housing development valued at $1.8 million. The project is part of the Senior’s Rental Housing Initiative to develop 1,300 affordable housing units across the province with help …
