Communities

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Analysis – Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Comparison

By / September 2, 2016 / Communities, Company News, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

CML News recently took a deep dive into a head-to-head comparison between Memphis, TN-based Mid-America Communities, Inc. (NYSE: MAA) and Southfield, MI-based Sun Communities, Inc. (NYSE: SUI). After a side-by-side comparison of both communities’ revenue growth, earnings, revenue per employee, operating margins, free cash flow and valuation, CML News determined …

Analysis – Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Comparison Read More

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Urban Institute says Preservation, Manufactured Homes are Solutions to Affordable Housing Crisis

By / September 10, 2016 / Advocacy, Affordable Housing, Business, Communities, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes, Manufactured Housing Industry, People

Affordable housing options are becoming less plentiful around the country, but according to Urban Institute researchers, there are ways to sidestep what has become an outright crisis. The numbers surrounding the lack of affordable housing across the U.S. are staggering.  In their map shown at the top left, light colored …

Urban Institute says Preservation, Manufactured Homes are Solutions to Affordable Housing Crisis Read More

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Resident Councilman leads charge for new law that Manufactured Home Community Owners, Industry Professionals say Harms All

By / August 30, 2016 / Business, Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, mobile home, People, Zoning

“It started last fall when we issued a permit to allow a manufactured home on a regular single-family lot,” said Ann Marie Townshend, director of Dover’s Planning and Community Development. “It got some people upset so we fixed the definition of single-family dwellings so that couldn’t happen again,” reported Mike …

Resident Councilman leads charge for new law that Manufactured Home Community Owners, Industry Professionals say Harms All Read More

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Manufactured Housing CompValue slips, 3 Markets Rise, but Oil Retreats

By / August 29, 2016 / Business, Communities, Company News, Economy, Finance, Manufactured and Modular Housing News, Stocks

U.S. stocks are adjusting to an expected Federal Reserve rate hike, MarketWatch reports. CNBC, which was panned for its GOP primary debate moderation in 2015, is now playing the role of cheerleader for Hillary Clinton’s presidential hopes, saying Wall Street expects her to win over Trump in November. Trump ally, …

Manufactured Housing CompValue slips, 3 Markets Rise, but Oil Retreats Read More

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Deer Valley Homebuilders Leaps, Dow Dips, MHCV Slips

By / August 26, 2016 / Business, Communities, Company News, Economy, Manufactured and Modular Housing News, Manufactured Homes, Stocks

The brakes are being tapped on stocks, as Fed Chair Janet Yellen has said that the odds of a rate hike have strengthened. Talk of negative rates, as well as two possible rate hikes this year are being floated. Oil, gold, the Dow and S&P 500 have all retreated, while …

Deer Valley Homebuilders Leaps, Dow Dips, MHCV Slips Read More

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Connected Community Owner “Should be Facing Criminal Charges” for conditions at the “park”

By / August 26, 2016 / Affordable Housing, Business, Communities, Manufactured and Modular Housing News, Manufactured Homes, mobile home

Most manufactured home communities are run by owners and professionals who care about their residents, the conditions at their location(s) as well as the look and safety of their property.  But when a community operator runs their location like the proverbial “trailer park,” it’s bad for residents and impacts the …

Connected Community Owner “Should be Facing Criminal Charges” for conditions at the “park” Read More

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Skyline Leads, Housing Data and New Home Sales Push Stocks

By / August 23, 2016 / Business, Communities, Company News, Manufactured Homes, Stocks

The S&P 500 and Nasdaq close near records as housing data reports helped boost stocks. Treasury yields higher as investors wait for Fed Chair Yellen’s announcement on rates. MarketWatch also informs that the rise in new home sales fueled stocks to book modest gains. Daily Business News Market Tracker The Dow …

Skyline Leads, Housing Data and New Home Sales Push Stocks Read More

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Will Hometown America and Gateway ally to Increase Manufactured Home Community Holdings?

By / August 23, 2016 / Affordable Housing, Business, Communities, Manufactured Homes, mobile home, People, Stocks

Gateway Lifestyle, an Australian-based holder of factory-built retirement home communities, is exploring partnering with U.S.-based Hometown America in a venture that could reshape Australia’s emerging manufactured housing market.  The two firms may join forces for the pursuit of National Lifestyle Villages (NLV), Western Australia’s largest operator of ‘mobile home parks.’ …

Will Hometown America and Gateway ally to Increase Manufactured Home Community Holdings? Read More

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Chris Nortley, Enrico Scarda announce MHRE’s Close of Matrix MHC Portfolio

By / August 23, 2016 / Affordable Housing, Announcements, Business, Communities, Company News, Manufactured and Modular Housing News

MHProNews has learned that Chris Nortley, Managing Partner of MHRE Inc. that the Matrix portfolio that consisted of 7,253 sites closed on August 4, 2016. Christopher Nortley, Managing Partner of MHRE explained, “Matrix had a ton of interest in their portfolio, but based on the size, core location, and their home …

Chris Nortley, Enrico Scarda announce MHRE’s Close of Matrix MHC Portfolio Read More

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Broader Markets Tumble as MHCV Inches Up, Led by UFPI

By / August 22, 2016 / Affordable Housing, Business, Communities, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Stocks

The Dow and the S&P 500 end lower as oil’s recent winning streak come to a close. Nasdaq closes up, while Treasury yields drift lower. MarketWatch  also reports that CFPB fines Wells Fargo $4 million for deceptive student loans. Daily Business News Market Tracker: The Dow Jones Industrial Average dropped …

Broader Markets Tumble as MHCV Inches Up, Led by UFPI Read More

Residents must Maintain their Homes or Possibly Face Eviction

By / August 22, 2016 / Business, Communities, Manufactured and Modular Housing News, Manufactured Homes, People

The majority of residents at Creswell Court manufactured home community (MHC) in Creswell, Oregon received maintenance notices from management allegedly requiring them to remedy maintenance issues within 30 days or face possible eviction, according to calls kval in Eugene, Oregon says it has received from residents. Each of the reported …

Residents must Maintain their Homes or Possibly Face Eviction Read More

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Carlyle Group Secures $115 Million Package

By / August 22, 2016 / Affordable Housing, Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Manufactured home community (MHC) owner/operator Carlyle Group, headed by Ronald Singer, has recieved $115 million loan package to refinance 32 MHCs, per the CommercialObserver. Financed by Wells Fargo, the seven-year, fixed-rate loan could free Carlyle to further expand its efforts in the MH Community sector. Grace and colleague Matt Krasinski …

Carlyle Group Secures $115 Million Package Read More

Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016

By / August 22, 2016 / Advocacy, Affordable Housing, Announcements, Awards, Business, Canada, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, tiny house, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Tiny Houses Owners face Big Legal Trouble? What’s New in Manufactured Housing Industry Professional News Financial Services Committee says Dodd-Frank is damaging. YES! Communities redistributes assets. Private enterprise ready to supply modular buildings to flooded LA. MHI, MHARR spar with DOE, as MHI …

Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016 Read More

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MHI, MHARR, Leaked documents and DOE proposal, plus MHI on New Section 8 Vouchers

By / August 22, 2016 / Affordable Housing, Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

In response to the July 17 proposed rule on “Energy Conservation Standards for Manufactured Housing” from the Department of Energy (DOE), the Manufactured Housing Institute (MHI) sent a letter expressing concerns that the new rule would raise the price of manufactured homes. MHI also suggested the DOE “establish a clear …

MHI, MHARR, Leaked documents and DOE proposal, plus MHI on New Section 8 Vouchers Read More

Hedge Fund Investors Bustling over Equity LifeStyle Properties

By / August 19, 2016 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, Stocks

Schwab Charles Investment Management Inc. has upped its stake in manufactured home community (MHC) owner Equity LifeStyle Properties, Inc. (NYSE:ELS), buying 149,218 shares during the last quarter, increasing its holdings in ELS by 15.2%. The firm increased its investment by $25,243,000 to $90,756,000, as fidaily reports. Hedge Fund Cohen & …

Hedge Fund Investors Bustling over Equity LifeStyle Properties Read More

Manufactured Home Community Bordering Google Transforming into Tech Town

By / August 19, 2016 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

Santiago Villa manufactured home community was built in the 1960s as an affordable retirement community for those 55+ in Mountain View, Calif., long before the onset of Google, Microsoft and LinkedIn. Now, however, since management has allowed families to move in, senior residents see their community colonized by corporate employees. …

Manufactured Home Community Bordering Google Transforming into Tech Town Read More

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Drew, Manufactured Housing CompValue and Dow rises – Is Fed Easing to Infinity?

By / August 19, 2016 / Business, Communities, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Stocks

“It’s the Fed’s conundrum,” said Diane Swonk, CEO of DS Economics, per CNBC. “The markets are pricing in easing infinity. If they raise rates, they could destabilize the markets. If they don’t raise rates, they’re feeding a bubble. It’s a hard place to be in,” she said. Barclays’ chief U.S. …

Drew, Manufactured Housing CompValue and Dow rises – Is Fed Easing to Infinity? Read More

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Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip

By / August 17, 2016 / Business, Communities, Economy, Finance, Manufactured and Modular Housing News, Manufactured Homes, Stocks

Stocks close slightly higher as the Fed rate-hike debate rages on. Patrick Industries (PATK:US) defies MHCV slip to post the biggest manufactured housing gainer. Chart watchers say the dollar is on the verge of unraveling. California fire drives 82,000 from their homes, MarketWatch informed MHProNews. Daily Business News Market Tracker: The Dow …

Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip Read More

Calcasieu Parish Planning Committee Nixes MH Community Development

By / August 17, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, Zoning

Following a story MHProNews last posted Aug. 12, 2016 regarding an application for development of a 680-site manufactured home community, the Calcasieu (LA) Parish Police Jury Planning and Zoning Board voted 10-0 to deny the request to rezone the 215 acres from agricultural to manufactured home community (MHC). The full …

Calcasieu Parish Planning Committee Nixes MH Community Development Read More

San Jose CA set to Vote on Modular Homes for the Homeless

By / August 17, 2016 / Affordable Housing, Announcements, Communities, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular, People

The San Jose (Calif.) City Council is considering siting 102 tiny modular homes for the homeless in an area designated for affordable housing, much to the consternation of businesses and neighbors who fear a rise in criminal activity and blight in an already struggling neighborhood. However, city housing officials expect …

San Jose CA set to Vote on Modular Homes for the Homeless Read More

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