Investors are making moves in their positions of Equity Lifestyle Properties Inc. (NYSE: ELS), led by Waterfront Capital Partners LLC, which purchased a new position in the company during the second quarter. Waterfront Capital Partners purchased 189,000 shares valued at approximately $15,129,000. Other ELS investor moves include: Checchi Capital Advisers LLC …
The so-called “tiny home” movement has received quite a bit of coverage, both good and bad. Some call them sustainable and affordable, while others say that they are an impractical, illegal and an ineffective solution. Nevertheless, the media tends to love tiny houses. In Palm Springs, California, realtor Paul Kaplan …
Beginning of the Smaller Manufactured Home Revolution? Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for will be posted on the Masthead blog Tuesday. More Featured Articles will be posted Tuesday, including addtional ones that are upcoming trade show related. To see the …
A Montana and Idaho nonprofit agency has launched a program to help people who live in what they called “mobile homes” to make repairs and improvements without having to resort to taking out high interest loans. Missoula based Montana and Idaho Community Development Corp. (MICDC) is rolling out the new …
Agency Offers “Mobile Home Improvement Loans” for Communities and Homes Read More
In a story that the Daily Business News originally covered in September, residents at the Lowry Grove Mobile Home Park in St. Anthony, Minnesota have received news that the deadline for closing the community has been pushed from March 15 to June 30, 2017, the end of the school year. …
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
Pitkin County, Colorado commissioners have elected to advance their planned acquisition of the 76.3 acre Phillips Mobile Home Park in Snowmass, with a focus on preserving affordable housing options. According to the Aspen Daily News, current owner, Helen Noyes, and her son, Hiram, have continued to maintain the property as …
County to Buy Manufactured Home Community, to Preserve Affordable Housing Read More
In a hotly contested property rights versus residents rights case, originally covered by the Daily Business News in September, a Santa Clara County, California Superior Court judge has reversed an order to close Buena Vista Mobile Home Park, Palo Alto’s last manufactured home community, based on a court filing from …
Judge Reverses Controversial Decision to Close Manufactured Home Community Read More
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
On December 20th, the Department of Housing an Urban Development (HUD) announced that it has awarded a record $1.95 billion to numerous homeless assistance programs across the U.S., including Puerto Rico, Guam, and the U.S. Virgin Islands. “As part of the Obama Administration’s effort to prevent and end homelessness, the …
HUD Announces Record $1.9 Billion in Grants to “End Homelessness” Read More
In a follow up to a story that the Daily Business News originally covered in October, hundreds of residents are now facing imminent eviction from the East End Mobile Home Park in Manassas, Virginia. And, once again, they are asking the city council to help. But they feel that they …
Residents Facing Eviction Ask City Council for Lifeline Read More
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, …
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
In addition to working towards a solution to quality, affordable housing options for the U.S., the manufactured housing industry also has heart. In Delaware, members of the First State Manufactured Housing Association donated generously to help make the 2016 holiday season more joyful. According to the Cape Gazette, over $3,000 …
Manufactured Housing Association Delivers Christmas for Communities Read More
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
In a story that periodically topped the Daily Business News headlines, the Fort McMurray wildfires in Alberta, Canada, forced the evacuation of 90,000 residents and destroyed ten percent of the city. In addition to the challenges presented by the fire itself, another concern was around the oil pipelines and production. …
Retrospect – Top Story Canadian Story, 2016 – Wildfires and Factory-Built Homes Read More
For residents of the Kayadeross Acres Manufactured Home Cooperative in Ballston Spa, New York, Christmas came early this year. New York State Homes and Community Renewal (HCR), ROC USA and PathStone announced that thanks to a $3.4 million loan, homeowners in the 33-acre community were able to purchase the land …
NYS Homes and Community Renewal, ROC USA and Pathstone Deliver Christmas Cheer Read More
An O’Fallon, Illinois “mobile home” resident took a cold matter into their own hands. It didn’t end well. A resident’s effort to warm frozen pipes under his home resulted in a fire and smoke damage on December 18th. Per the Belleville News-Democrat, the home’s resident told officials that he was …
Blowtorching A ‘Mobile Home?’ Bad Idea, Says Official Read More
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 …
“The HUD Code has de facto become a discrimination code,” attorney Marty Lavin told MHProNews some months ago. Lavin – an award-winning expert with decades of manufactured home lending, communities and retailing experience – was pointing to incidents like the one in the Meyersdale Borough Council, near Somerset, Pennsylvania. The council …
