Communities

Another Manufactured Home Community in New Hampshire Converts to Resident-Owned

The 32-homesite Ladd Hill Mobile Home Park just became the 118th manufactured home community (MHC) in New Hampshire to convert from privately owned to resident-owned, as citizen informs MHProNews. Now called Ladd Hill Cooperative, Inc., the Belmont, NH community deal was finalized March 1, and the purchase price of $525,000 …

Another Manufactured Home Community in New Hampshire Converts to Resident-Owned Read More

Bill Eases Transit of Factory-built Homes

According to what chippewa tells MHProNews, Wisconsin State Senator Terry Moulton (Chippewa Falls-R), representing the 23rd District, authored a bill signed by Gov Scott Walker that will ease transport on Wisconsin roads for delivery of manufactured and modular homes. Canada has been an active buyer of U. S. factory-built homes …

Bill Eases Transit of Factory-built Homes Read More

Institutional investors Increase Stake in Equity LifeStyle Properties, Inc.

According to a recent 13F filing with the Securities and Exchange Commission (SEC), Daiwa Securities Group, Inc. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) by 13,939.8 percent, adding 348,494 shares to its portfolio. As hilltopmhc tells MHProNews, Daiwa now has a 0.42 percent stake in ELS valued at …

Institutional investors Increase Stake in Equity LifeStyle Properties, Inc. Read More

Developers Need Guidelines for New Manufactured Home Community

MHProNews has learned from postregister that realtor Kevin Murray of Keller Williams of Idaho Falls, Idaho told the the Jefferson County Commission that developers have expressed an interest in building a medium-sized manufactured home community (MHC) in Jefferson County but they have no direction on developing an MHC. “You currently …

Developers Need Guidelines for New Manufactured Home Community Read More

Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016

What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ Tired of renting? Get the Scoop on Manufactured Homes What’s New in Manufactured Housing Industry Professional News American Dream lives. HUD Code production starts year strong. Patrick, Drew Industries acquire ancillary …

Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016 Read More

Rep. David Scott: GSEs should Purchase Chattel Loans

In a letter to Melvin Watt, Director of the Federal Housing Finance Agency (FHFA), Rep. David A. Scott (D-GA) reminds Dir. Watt the Housing and Economic Recovery Act (HERA) pinpointed manufactured housing (MH) as an underserved market. Noting the importance of MH as a source of homeownership for millions of …

Rep. David Scott: GSEs should Purchase Chattel Loans Read More

Sun Community Shareholders Buy and Sell Shares

MHProNews has learned from thevistavoice that Russell Frank Co. has diminished its stake in Sun Communities, Inc. (NYSE:SUI) by 8.1 percent in Q4 of 2015 as reported to the Securities and Exchange Commission. After selling 47,319 shares of stock, the company owns 537,417 shares, now owning 0.99 percent of the …

Sun Community Shareholders Buy and Sell Shares Read More

Rent Control termed a Form of Price Fixing

As part of the city’s overall affordable housing strategy, the Arcata (Calif.) City Council has approved a mid-year appropriation of $35,000 to develop a plan to balance the needs of manufactured home community (MHC) residents against those of the MHC owners, and avoid rent control/rent stabilization measures for the city. …

Rent Control termed a Form of Price Fixing Read More

Rent Increase at Calif. MHC has Residents Worried

Residents of La Linda Mobile Homes in Corona, California received a notice from the owners of this 132 home site manufactured home community that rents will rise from $650 a month to $779 a month because of property taxes, leading many of the homeowners to ask the city for help. …

Rent Increase at Calif. MHC has Residents Worried Read More

Caddis Capital adds Two More MHCs to Portfolio

MHProNews has learned from 9news that Jefferson County, Colorado-based Caddis Capital Investments LLC has acquired two manufactured home communities (MHCs) in Arizona. The 210 home site Mesa Village in Mesa, AZ and the 169 home site El San Juan MHC in Peoria were purchased for $16.6 million. While the seller …

Caddis Capital adds Two More MHCs to Portfolio Read More

New Durham Estates to Hold Open House

The New Durham Estates manufactured home community (MHC) in Westville, Indiana will hold their annual open house and community-wide yard sale on Fri. and Sat., June 3 and June 4, from 9-5 PM, as michigancitylaporte informs MHProNews. Visitors are invited to see the pre-owned and new manufactured homes, tour the …

New Durham Estates to Hold Open House Read More

Prospective MHC Owners Plan to Upgrade the Community with New Homes

A Hendersonville, North Carolina family intends to provide up to 21 new multi-section manufactured homes (MH) in a community for seniors, and will ask the Hendersonville City Council for a waiver of the city’s impact fee, as hendersonvillelightning tells MHProNews.. Cheria, Billy and Tony Duncan hope to buy Whiteside’s Green …

Prospective MHC Owners Plan to Upgrade the Community with New Homes Read More

RHP Properties Acquired 5,538 Home Sites In 2015

MHProNews has learned from rejournals Farmington Hills, Michigan-based RHP Properties acquired 18 new manufactured home communities (MHC) in 2015, and it now owns 226 MHCs in 23 states. With over 56,349 home sites, the company touts itself as the second largest private owner of MHCs in the nation, according to …

RHP Properties Acquired 5,538 Home Sites In 2015 Read More

Sunday Morning Recap-Manufactured Housing Industry News Feb. 21-Feb. 28, 2016

What’s New in public focused Manufactured HomeLivingNews.com Discovering a 9 out of 10 “Mobile Home Park” Lifestyle What’s New in Manufactured Housing Industry Professional News MHC development on Pacific coast may wash out, while Hillcrest MHC in New Hampshire gets nod for expansion. UK modular plant to hire 400-500, modulars …

Sunday Morning Recap-Manufactured Housing Industry News Feb. 21-Feb. 28, 2016 Read More

Sam Zell Continues Smiling

The above-named’s Equity LifeStyle Properties, Inc. (NYSE:ELS) reached a new day high of $71.81 in yesterday’s trading, after hitting an intraday low of $69.87, according to fidaily. The 685,512 shares that traded hands resulted in the stock resting at day’s end at $71.54. The 50-day moving average of $66.41 is …

Sam Zell Continues Smiling Read More

Older MHC Requires New Ordinance to Accommodate Larger Homes

The manufactured home community (MHC) in Hewitt, Texas was established in 1970, and about ten years later ordinances were approved to govern the community, but now need to be updated. Specifically, the city’s community development director, Terry Lankford, wants to make them more accommodating to residents. Dealing with lot sizes …

Older MHC Requires New Ordinance to Accommodate Larger Homes Read More

Sun Reports Q4 and Year-end Financials

Southfield, Michigan-based Sun Communities, Inc. (NYSE:SUI) reported fourth quarter 2015 funds from operations of $48.9 million, or $0.81 earning per share (EPS), $0.04 short of what three analysts surveyed by Zacks Investment Research had estimated. Funds from operations in the real estate investment trust (REIT) is a significant indicator in …

Sun Reports Q4 and Year-end Financials Read More

Assetmark Increases Stake in Equity LifeStyle Properties

According to hilltopmhc, Assetmark increased its stock in Equity LifeStyle Properties, Inc. (NYSE:ELS) by 74,692 shares and now holds 89,260 shares with a value of $5,228,220. It increased its hold by 512.7% and now represents 0.11% ownership. The stock’s 200-day moving average is $61.60 with a 50-day moving average of …

Assetmark Increases Stake in Equity LifeStyle Properties Read More

Expansion for Hillcrest Estates MHC Approved by Planning Board

Updating a story MHProNews posted on Aug. 22, 2015 regarding plans by the owners of Hillcrest Estates manufactured home community (MHC) to upgrade the community and add up to 70 new MH over the next ten years, the Portsmouth, New Hampshire Planning Board approved a conditional use permit for a …

Expansion for Hillcrest Estates MHC Approved by Planning Board Read More

California Coastal MHC Development Project may be in Jeopardy

MHProNews last posted a story Jan. 25, 2016 concerning the standoff between the California Coastal Commission on one side, and the city of Pacifica, CA and Pacific Skies Estates MHC on the other, over the upgrade of the community by the city without an environmental review of long-term erosion, sea …

California Coastal MHC Development Project may be in Jeopardy Read More

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top