Noteworthy headlines on CNNMoney – Wells Fargo workers say fraud began years ago. PA Donald Trump win could tank stocks (ya think CNN is pro-Clinton? ;-). U.S. Companies consider relocating over Brexit. Some bullets from MarketWatch – Stocks retreat as Clinton-Trump debate looms. Gold edges higher as focus turns to debate. Deutsche …
“No one should be forced to carry on a business that they want to close,” said Pacific Legal Foundation Attorney Larry Salzman. “The city is treating the Jissers as an ATM to solve a problem they didn’t cause — the lack of affordable housing in Palo Alto. That’s not just wrong, it’s …
An article in Bloomberg makes the case that manufactured homes – what they refered to as mobile homes (sic), are an obvious solution to the affordable housing crisis. It starts with a simple question: “Why Aren’t We Building More Mobile Homes?” While their terminology isn’t exactly accurate – and they admit …
Bloomberg – Manufactured Home Industry is the Solution to the Affordable Housing Crisis Read More
The Oregonian and KATU News were among the area media covering the controversy surrounding Cal-Am Properties Heritage Village manufactured home community in Beaverton, OR. Congresswoman Suzanne Bonamici (D-OR1) sounded off on the matter. Some of the media there did not promptly report that Cal-Am President Cory Sukert responded to Bonamici’s letter …
Two sides of Protest, Controversy at Cal-Am’s Heritage Village, Beaverton, Oregon Read More
Noteworthy headlines on CNNMoney: Massive crackdown on global mail fraud empire. Warren wants Wells Fargo firings investigated. Tesla files suit to open store in Michigan. Some bullets from MarketWatch – Yahoo hacked, 500M users information exposed. U.S. existing home sales stumble in August. Nasdaq hits record high. Gold up 3 …
Patrick and Drew Up, Record High-NASDAQ, Dow Climb Continues Read More
Noteworthy headlines on CNNMoney: Janet Yellen fires back at Donald Trump – the Fed is not political! Does Warren Buffet have a new favorite bank? No rate hike from the Fed, dials back forecast. Star investor charged with insider trading. Some bullets from MarketWatch – Apple reportedly in talks to …
Big Day for UFPI, ELS – MHCV rises; No Fed Rate Hike, Dow Jumps too Read More
According to the Daily Quint, analysts at Scotiabank has increased the price target for Killam Properties Inc. (TSE:KMP.UN) from C$13.00 to C$13.25 in a research note issued on Friday. The firm currently has a “Sector Perform” rating on the stock. In addition to Scotiabank, other research firms have commented on …
Scotiabank ups Killam Properties Price Target to C$13.25 Read More
MarketWatch’s bullets for today include: Stocks end flat ahead of Fed, BOJ decisions. Sen. Warren calls Wells Fargo CEO Stumpf ‘gutless’ for not resigning over scandal. George H.W. Bush will vote for Hillary Clinton, says report. CNNMoney’s bullet headlines for today include: Bubble or bargain? Tech stocks surge like late …
Cavco and Third Ave and US Markets Rise, but MHCV falls Read More
Booms in West Texas, North Dakota and the Marcellus regions due to oil and gas drilling may have tamped down for a time, but one (or more) of those may be bubbling back up. Shale Directories (SD) notes that, “Yes, $6.7 Billion in Spending Is Coming.” SD reports: multi-billion-dollar pipeline projects – …
Following the lead reported in the Daily Business News of several large investors – including a huge international move in the MHC sector – Shinko Asset Management Co. Ltd. increased its position in Sun Communities Inc. (NYSE:SUI) by 14,305.3% during the second quarter, according to Shinko’s most recent 13F filing with …
Another International Company Buying into U.S. Manufactured Home Communities Read More
MarketWatch’s bullets and headlines for today include: More gas-price spikes on tap for southeastern states with pipeline shut. Central banks are buying lots of gold, so what do they know? A surprise Fed interest-rate hike this week can’t be ruled out. By this measure, China’s banking sector could implode within …
Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers Read More
UMH Properties Inc. (NYSE:UMH) announced the grand opening of the Woods Edge Sales Center, located near the back entrance of their manufactured home community in West Lafayette, Indiana. Woods Edge was acquired by UMH Properties in October of 2015, and the grand opening will be on Oct 1, 2016, per …
UMH Properties Upscale MHC Clubhouse, Centerpiece for Upcoming Sales Center Grand Opening Read More
MarketWatch bullets for the day include: Sensitive data again leaked out of the Fed early. Hello self-driving cars, goodbye 4.1 million jobs? Apple’s stock lead with their strong iPhone 7 release. And MarketWatch likes Clinton’s plan less than Trump’s. Oil was down, while gold rose a smidge. At the closing …
Manufactured Housing Composite Value rises, as do all 3 major indexes Read More
Some noteworthy headlines on CNNMoney: U.S. opens investigation into Wells Fargo scandal. Lucky number 7! Apple’s stock is soaring. Ford moving all small car production to Mexico. Some bullets from MarketWatch – Why Wells Fargo isn’t likely to claw back compensation from top executive. Feds reportedly investigating Wells Fargo’s sales …
Patrick Rebounds, Carlyle, and MHCV does too – broader markets mixed Read More
Analysts at Citigroup in a research report released to investors upgraded Sun Communities, Inc. (NYSE: SUI) from “neutral” to “buy” on Monday with a target price of $86.00 on the real estate investment trust’s (REIT) stock. This news comes on the heels of other reports from TheStreet – cut from …
Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI) Read More
County records reflect that Equity LifeStyle Properties (ELS) has purchased 25 acres in Ellenton, next to Ridgewood Estates – a 55+ manufactured home community (MHC) – for $2 million. Equity LifeStyle paid $11.56 million for Ridgewood in 2011, says the Sarasota, FL Herald-Tribune. As MH Community-sector focused professionals know, Equity LifeStyle …
ELS Acquires 25 acres adjacent to existing FL Manufactured Home Community Read More
Dick Harris, owner of the Whitefield, NH Country Village Mobile Home Park recently received apparent good news regarding his park expansion proposal, The Caledonian Record reports. Harris was given unanimous approval from the planning board to expand his community. The first phase of this three-phase expansion will add four homes …
Manufactured Home Community Expansion Approved, But… Read More
CNN Money headlines included Donald Trump’s assertion that the Fed has created a “false economy,” and that Americans don’t believe unemployment rate (see in-depth labor and economic charts/graphics and report, linked here.) Meanwhile, MarketWatch warns – Clouds gathering on U.S. economy? And without action, a government shutdown looms in three …
Sun & Third Ave lead, Deer Valley, UMH, LPX & MHCV recede Read More
Alan Davies, editor of The Urbanist on Crikey, has taken a unique look at U.S. “trailer parks” (sic). His provocative, yet witty, headline tees it up well, “Should trailer parks be trashed?” Davies notes the rather colorful view of “trailer parks” – which he later identifies as “manufactured housing communities” …
Urbanist Alan Davies – On not trashing “Trailer Parks” (sic) Read More
Mayor Tom Hoye and state Sen. Marc R Pacheco were among those who attended the celebration at Colonial Estates in Taunton, MA when the resident association formally purchased the community. Colonial Estates residents organized and collectively purchased the community for $10.2 million from the previous owner, Shamrock Redwood Colonial LLC …
Mayor and State Senator attend to witness Manufactured Home Community Purchase Read More
