Joseph Stegmayer, CEO and President of Cavco Industries, Inc. (NASDAQ:CVCO) sold 20,000 shares of company stock valued at $1,798,099. based on a stock price of $89.90 per share. He now has 5.58 percent of Cavco’s market capitalization, owning 502,428 shares of company stock, according to clintongazette. Other large investors include …
In Insider Trading…..Cavco, Drew and UMH Properties Read More
The Carlyle Group LP (NYSE:CG), investor in several manufactured home communities, was expected to earn $0.18 per share (EPS) for the first quarter of 2016, according to what analysts at Jefferies Group had predicted, down from their previous forecast of $0.35 per share earnings. Jefferies has a “Hold” rating on …
Following a story MHProNews last posted July 22, 2015 regarding the Huntsville (TX) City Council attempt to prohibit manufactured homes (MH) inside the city, the council will consider two ordinances relating to manufactured homes at their meeting Tue., April 19, 2016, according to itemonline. Previously, when the city council was …
Texas City would Restrict Manufactured Housing to under 20 Years Read More
What’s New in public focused Manufactured HomeLivingNews.com Quality Control Manager report-Highland Mobile Home Park, St Petersburg FL What’s New in Manufactured Housing Industry Professional News Montana town to proposed MHCs: one yes, one no. Building material made from hemp. Manufactured homes do not qualify as affordable homes—yet. Modular homes for …
Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016 Read More
The 15 home site manufactured home community, Ward’s Park, in Portsmouth, New Hampshire is the most recent manufactured home community (MHC) in the state to become a resident-owned community, as nhpr.org tells MHProNews. New Hampshire is one of a handful of states with a right-to-purchase law that gives residents of …
Another New Hampshire Manufactured Home Community becomes Resident-owned Read More
While the Laurel City-County Planning Board in Montana turned down three requests for a variance for Regal Community Park, a proposed manufactured home community, after neighbors expressed concerns over falling property values, the board did vote 3-1 (with one abstention) for a zone change to allow for a manufactured home …
Montana Town Planning Commission Approves one MHC, Denies another Read More
MHProNews has been informed by therealdeal that Zachary Taylor RV Park in Okeechobee, Fla. was acquired by Coastal Income Properties for $3.3 million from a private seller. Capstone Manufactured Housing, based in Charlotte, North Carolina, brokered the transaction, led by Deucie Bies and Kevan Enger, the fourth manufactured home community …
Manufactured Home Community Sells for $3.3 Million Read More
MHProNews has been informed by usatoday/Associated Press that an enormous hole suddenly opened adjacent to a manufactured home community in Tarpon Spring, Florida. Measuring 35 feet deep by 60 feet wide, authorities were trying to determine if it was a natural sinkhole or a break in a water line. Residents …
Massive Hole Endangers Residents of Fla. Manufactured Home Community Read More
The Yellowstone County Zoning Commission unanimously turned down a zone change application that would have allowed Cherry Creek Estates manufactured home community (MHC) to expand by adding as many as 80 manufactured homes, reports billingsgazette. While the Yellowstone County Board of Commissioners will have the final say when it meets …
Zoning Commission Recommends against Expansion of Manufactured Home Community Read More
During Q4 2015, 40 North Management sold its entire portfolio of Equity LifeStyle Properties (NYSE:ELS), unloading 108,321 shares for a transaction value of $7.8 million, reports everythinghudson. Other hedge funds, including Guggenheim Capital boosted its stake in ELS, adding 5,784 shares and now holds 83,853 shares valued at $6 million. …
Positions Change in Shares of Stock of Equity LifeStyle Properties Read More
What’s New in public focused Manufactured HomeLivingNews.com State Inspector Becki Jackson – Safety & Quality of Manufactured Homes What’s New in Manufactured Housing Industry Professional News Feb. HUD Code manufactured home production rises 27.6%. Notable deaths in the manufactured home community. Rent control inhibits new MHC development. Resident-owned community grateful …
Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016 Read More
MHProNews has learned from prnewswire that Eugene W. Landy, board president of manufactured home community (MHC) owner UMH Properties, Inc. (NYSE:UMH), announced that Richard H. Molke is retiring from the board after 30 years of service. The board of directors has chosen Kenneth K. Quigley, Jr. to serve out the …
The New York Housing Association (NYHA) has informed MHProNews that Herbert Fiederer, Sr., 80, who with his wife, Patricia, owned Latham Homes of Oneonta, New York since 1972, passed away March 7, 2016 in Venice, Florida. The couple also owned four manufactured home communities in New York state. Members of …
In hedge fund trading, Robotti Robert bought 50,000 shares of manufactured and modular home producer Skyline Corp.(NYSE:SKY), and as of Q4 2015 controls a total of 64,700 shares valued at $379,142. After selling 1,383 shares of Skyline stock during the fourth quarter, Vanguard now owns 138,999 shares with a value …
Skyline and Sun: Manufactured Housing Insider Trading Read More
A proposal to allow 20 manufactured homes (MH) on an already serviced property that has two MH did not trigger any opposition at a public hearing held at the Bradley Center in Parksville, British Columbia, Canada. According to pqbnews, Area F Director Julian Fell said the neighborhood is a natural …
Proposal to Enlarge Canadian Manufactured Home Community Likely to Pass Read More
Residents of Desert Cove Mobile Home and R-V Park in Tuscon, Arizona are having to move after being told by manager John Hydrick the community has utility problems that the owner cannot afford to repair, according to what tucsonnewsnow tells MHProNews. Originally given 30 days to leave because the community …
Tucson Manufactured Home Community Closing, Residents Receiving Assistance Read More
MHProNews has been informed by prnewswire that the board of directors of manufactured home community (MHC) owner and operator UMH Properties, Inc. (NYSE:UMH) declared its quarterly cash dividend of $0.18 per share payable June 15, 2016 to shareholders of record as of May 16, 2016. Additionally, the board of directors …
UMH Properties set to Pay Dividends to Shareholders Read More
Beverly Williamson, longtime member of Ohio Manufactured Homes Association (OMHA) and owner of Williamson Mobile Home Park in Cleves, Ohio passed away suddenly on March 29, 2016. Her son, Guy Williamson, and daughter-in-law, Brooke Williamson, will continue her business affairs. Also, Bob and Marge Dunnington, who owned Oakwood Acres MHC …
Passages: Beverly Williamson, Bob and Marge Dunnington Read More
As Sheila Dey, Executive Director of the Western Manufactured Housing Communities Association (WMHCA), writes in publicceo, rent control is not the solution to the affordable housing crisis now gripping the state. Comparing a doctor trying to fix a broken leg by applying a band-aid, she said, “Government imposed regulations and …
Rent Control in Manufactured Home Communities Inhibits New Development Read More
In 1993, Taunton, Mass. Democratic State Senator Marc Pacheco was the lead sponsor of a bill that gave residents of a manufactured home community (MHC) first right of refusal if an MHC came up for sale, according to tauntonwickedlocal. On March 31, the 247 homeowners of Oak Hill MHC exercised …
Resident-owned Community Members Thankful for Right of Refusal Law Read More
