Communities

UMH Announces Quarterly Dividends

MHProNews has learned from prnewswire that the board of directors of UMH Properties, Inc. (NYSE:UMH) has announced its quarterly cash dividend of $0.18 per share on the company’s common stock will be payable Dec. 15, 2015 to shareholders of record as of Nov. 16, 2015. The annual dividend is $0.72. …

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Ordinances updated on Siting Manufactured Homes

Realizing that a ten-year restriction on manufactured homes (MH) brought into Ruidoso Downs in New Mexico was not realistic because, as Planning and Zoning Director Steve Dunigan said, “You could have a two-year old home that is a disaster versus a 27-year old home that has been kept up,” the …

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Montana non-profit Helps Manufactured Home Community Residents Form Co-ops

In 2013 the Montana Community Development Corporation (MCDC) helped the 68 residents of River Acres manufactured home community (MHC) in Missoula become a resident-owned community, as themissoulian tells MHProNews. The residents faced eviction because the owner wanted to sell, but now they have long-term, stable housing and control of their …

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St. Joseph, Michigan Amends Zoning to allow Manufactured Home Communities

MHProNews has learned from heraldpalladium the St. Joseph, Michigan commissioners heard the first reading on plans to alter zoning for multi-family districts so they would better blend in with other parts of the community. The planning commission had been directed to review the city’s R-3 zoning for properties that include …

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Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015

What’s New in public focused Manufactured HomeLivingNews.com The Kennedy – Model Home Video Tour – New Durham Estates, Westville, IN Jack and Betsy Norman, Whispering Pines 55+ Manufactured Home Community, Somerset, PA What’s New in Manufactured Housing Industry Professional News Justice Dept. settles two MHC discrimination suits. Judge clears path …

Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015 Read More

Judge Orders Approval of Contested Factory-built Subdivision, Awards $650,000

Montana State District Court Judge George Huss abruptly ended a jury trial early in Bozeman, and awarded a development corporation $650,000 to be paid by the Gallatin County Commission for denying a proposal to develop the Gateway Village subdivision and site factory-built homes, MHProNews has learned. The commission had denied …

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Modular Housing in Italy, U. S. Look Nefarious from Air

A complex of modular housing units in a small town in southern Italy when viewed from the air looks like swastikas, according to what thetimesofisrael tells MHProNews. Nestled in a neighborhood of the small town of Specchiolla in the Province of Brindisi, the four housing units that form each swastika …

Modular Housing in Italy, U. S. Look Nefarious from Air Read More

More Manufactured Home Community Development Sought in BC

At a meeting of the 350-member Manufactured Home Park Owners Alliance (MHPOA) of British Columbia, Canada the buzz was about the sale of communities, which has quickly become a hot real estate sector. Last year 22 manufactured home communities (MHCs) sold, with a transaction value of $30.7 million, a 26 …

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Justice Strikes Again – another Manufactured Home Operation Settles Case

The U.S. Department of Justice (DOJ) and Hope Fair Housing tell MHProNews that the DOJ has announced “that the owners and operators of the Williams Trailer Court mobile home park in Marion, Illinois, had agreed to pay $75,000 to settle allegations that they discriminated against African Americans and families with children, …

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Carlyle Expands Manufactured Home Community Portfolio

The $193 billion-in-assets Carlyle Group is collaborating with the owners of Pacific Skies Estates, a 93 site manufactured home community (MHC) overlooking the Pacific Ocean in California to upgrade the utilities, streets and build a 1,000-foot-long boardwalk along the edge of the bluff. The $42 million deal includes buying luxury …

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Cavco Industries, Sun Communities Shine on Wall St.

According to moneyflowindex, shares of manufactured home community (MHC) owner Sun Communities, Inc. (NYSE:SUI) jumped by 3.55 percent in the past week, and 0.01 in the past four weeks. The shares have bested the S&P 500 by 6.34 percent in the past week and 1.07 percent for the past four …

Cavco Industries, Sun Communities Shine on Wall St. Read More

Sunday Morning Recap-Manufactured Housing Industry News Sept. 13-Sept. 20, 2015

What’s New in public focused Manufactured HomeLivingNews.com Video Previews! Home Tours – Interviews – Drones – Tips – Tech – Talk – Inside MH! Dr. David Harnish, Superintendent, Martin Public Schools – Professional’s Interview Video – Inside MH What’s New in Manufactured Housing Industry Professional News New “Inside MH” video …

Sunday Morning Recap-Manufactured Housing Industry News Sept. 13-Sept. 20, 2015 Read More

Rent, Occupancy in Colorado Manufactured Home Communities Rise

Based on rent and occupancy trends from July 2005 to July 2015 in Colorado, benzinga informs MHProNews that Datacomp reports occupancy rates in 55+ manufactured home communities (MHCs) have risen for the third consecutive year, and now stands at 90 percent, up 1.4 percent over July 2014. The national average …

Rent, Occupancy in Colorado Manufactured Home Communities Rise Read More

Modular Homes Received by Canada’s Peguis are all Defective

MHProNews has leaned from winnipegsun that Tina McCorrister of the Peguis First Nation says 37 modular homes that were purchased from an American company for almost $3.5 million all have problems that make them uninhabitable. Mould was discovered in the first seven homes because they had not been properly wrapped …

Modular Homes Received by Canada’s Peguis are all Defective Read More

Honolulu Planning Modular Community for Homeless Families

Following a story MHProNews published Aug. 19, 2015 regarding a container housing project for the homeless in Honolulu, Mayor Kirk Caldwell now proposes a temporary modular housing facility for homeless families on the Leeward Coast. “There are not enough sites for families and as we do our enforcement actions, we …

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Boulder Considers Ways to Protect Land Lease Communities

In and around Boulder, Colorado are eight manufactured home communities (MHC), with a total of just under 1,600 homes, most of which were built before the federal building standards took effect in June, 1976, as dailycamera reports. Recognizing the importance of the communities as affordable housing in a city not …

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Judgment Upheld against Land Lease Community over Visiting Service Dog

The Alpine Park manufactured home community (MHC) in Dubuque, Iowa was ordered to pay a $5,000 civil penalty and $3,924 in actual damages to a resident stemming from the community management’s decision to prevent a visitor from entering the community because of the breed of a service dog. According to …

Judgment Upheld against Land Lease Community over Visiting Service Dog Read More

Caddis Capital Acquires Two Manufactured Home Communities

MHProNews has learned from 9news Caddis Capital Investments LLC of Littleton, Colorado has acquired two manufactured home communities (MHCs) for $7.725 million. Chancellor’s is a 121-home site community in Fountain, Colorado, and Woodland has 75 home sites in Woodland, WA. Using its current investment vehicle, Trico Fund III, Caddis teamed …

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Battle Rages over Repurposing of California Manufactured Home Communities

Following a story MHProNews posted Feb. 27, 2014 regarding Winchester Ranch manufactured home community (MHC) in San Jose, California, the battle over some of the most expensive land in the country that sits under MHCs in Silicon Valley continues to burn brightly, much like the fires consuming parts of northern …

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UMH Properties has High Concentration in Energy Development Region

According to seekingalpha, manufactured home community (MHC) owner UMH Properties, Inc. has a high concentration of its communities in Ohio, New York and Pennsylvania, and 80 percent of them are within the Marcellus and Utica Shale regions where energy companies have stepped up drilling for natural gas. UMH says same …

UMH Properties has High Concentration in Energy Development Region Read More

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