The Williams County Commission in Williston, North Dakota voted to adopt new guidelines putting restrictions on new or renewed applications for temporary housing as of August 1, 2015, as willistonherald reports. As the price of oil has fallen and the demand for oilfield workers has subsided, the commission is phasing …
Temporary Modular Housing being Restricted in Bakken Oilfield Read More
MHProNews has learned from Capital One that the company has arranged a $14 million Fannie Mae fixed-rate loan to refinance Rincon Country Mobile Home Park in Tucson, Arizona. Damon Reed, Senior Vice President and Capital One’s Director of MHC (manufactured housing community) Finance arranged the transaction to retire existing higher-rate …
According to abladvisor, Capital One has provided a $4.6 million fixed-rate loan for a repeat client to acquire Ocean West, a 127-unit, age-restricted manufactured home community (MHC) in McKinleyville, California. Built in 1979 and renovated in 1986, the property is located less than a mile from the Pacific Ocean, and …
Capital One Arranges Purchase of CA Manufactured Home Community Read More
Marcus & Millichap (M&M) has informed MHProNews of the sale of a 135+ home site manufactured home community (MHC) near Tarpon Springs, Florida for $6,400,000. The age-restricted community is situated on 15.37 acres, according to Richard D. Matricaria, regional manager of the firm’s Tampa office, and includes a 2,500 acre …
Manufactured Home Community in Florida Sells for $6.4 Million Read More
Park Street Partners (PSP) of Ladera Ranch, California informs MHProNews it has purchased Desert Trails Mobile Home Park in Green River, Wyoming, marking its seventh manufactured home community (MHC), but its first acquisition of the year, according to pressreleaserocket. Noting the community’s occupancy increased during the closing period, co-founder of …
PSP Seeks Manufactured Home Communities to Provide Affordable Housing Read More
A $700,000 U. S. Department of Housing & Urban Development (HUD) Indian Community Development Block Grant will provide seven new one-and two-bedroom manufactured homes for the Elko Band Colony Native Americans in Elko, Nevada, according to elkodaily, as tribal members and staff break ground for the homes. The HUD grant …
Elko Band Native Americans Break Ground for New Manufactured Homes Read More
MHProNews has learned from uknewsyahoo that Equity LifeStyle Properties (ELS) reported for the second quarter 2015 it posted funds from operations (FFO) of $64.5 million or $0.70 per share, beating the average estimate of Zacks Investment Research analysts by $0.02 per share. A closely watched measure in the real estate …
Equity LifeStyle Properties Beats Analysts Expectations in Q2 Read More
As the housing recovery sputters along from the Great Recession, trying to overcome the lowest percentage of homeownership in 20 years (63%), even with the aid of artificially maintained low interest rates, people are moving away from the McMansions with their high maintenance and trophy appearance, and paying more attention …
A class action lawsuit has been filed on behalf of 22 owners of manufactured homes (MH) in Burnside, Minnesota after the city sent notices telling the homeowners they need to remove their carports because they were installed without permits, according to kstp-tv5. City Code Enforcement Coordinator Christopher Forslund said the …
Lawsuit Challenges Removal of Manufactured Home Carports Read More
Commercial real estate investment services firm Marcus & Millichap (NYSE:MMI) has informed MHProNews that Daniel Hurd and Dan Mulkey of their Tampa office arranged the sale of Country Villa Mobile Home Park in Lakeland, Florida. The 45-home site senior manufactured home community (MHC), a mix of single and multi-section homes, …
Marcus & Millichap Arrange Sale of Florida Manufactured Home Community Read More
What’s New in public focused Manufactured HomeLivingNews.com Congressman Stephen Fincher is demanding Fairness for MH owners Deer Valley CFO Steve Lawler Inside MH Video and Home Tour Cancer Cures and Today’s MH What’s New in Manufactured Housing Industry Professional News The Manufactured Housing Association for Regulatory Reform’s (MHARR) Mark Weiss documents …
Sunday Morning Recap-Manufactured Housing Industry News-July 12-July 19, 2015 Read More
Executive Director of the Iowa Manufactured Housing Association (IMHA) Joe Kelly tells MHProNews recent court decisions have made it more important than ever for manufactured home community (MHC) operators, regardless of their size, to have their leases and other written documents vetted by an attorney who knows real estate law …
Manufactured Home Communities need Specialized Attorneys Read More
Founded in 1923, the oldest manufactured home community (MHC) in Vermont will soon become a resident-owned community, as residents of Farrington Mobile Home Park announced they completed a deal to acquire it from the Farrington family. After months of negotiations, the North End Co-op reached terms with the family, and …
Vermont Land Lease Community to become Resident Owned Read More
The village of Somers, Wisconsin has issued 17 violations against the Alfred and Embassy Mobile Home Park for bad skirting, dangerous stairs, tall weeds, and junk in the middle of the street that could block first responders, according to kenoshanews. Trustee Joe Cardinali said the general appearance of the community …
Manufactured Home Community Hit with Multiple Violations Read More
Following a story MHProNews posted July 9, 2015 regarding the Huntsville (Texas) City Council initial vote to prohibit manufactured homes from being sited inside the city limits, unless they are in a manufactured home community, opposition to the vote has surfaced. Due to be finalized at the July 21 city …
Huntsville City Council to Vote on Prohibiting Manufactured Homes from City Read More
A resident at the Misty Mobile Home Park in Rupert, Idaho claims water pressure in her manufactured home (MH) is sometimes so low she is unable to flush the toilet or take a shower, especially on weekends. She also says raw sewage sometimes seeps from pipes outside. According to magicvalley, …
Manufactured Home Community Resident Complains of Water, Sewer Issues Read More
The Wilkesboro (North Carolina) Town Council updated codes and ordinances that apply to new manufactured home communities (MHCs), including an amendment requiring approval by the Wilkesboro Board of Adjustments (BOA). Ordinances were last updated in the 1960s. Under the amended ordinance, there can be no more than five MH per …
North Carolina City Updates Manufactured Home Community Regulations Read More
Several residents of The Woodlands manufactured home community (MHC) in Lockport, New York were told two years ago that the owner of their community would repair cracks that had begun appearing in the walls, ceilings and floors of their manufactured homes (MH). Although Equity LifeStyle Properties owns the community, but …
Work has Begun to Repair Manufactured Homes in Land Lease Community Read More
The Huntsville, Texas City Council agreed with the Planning & Zoning Commission’s recommendation that prohibits manufactured homes (MH) from being sited outside MH communities, while grandfathering in existing MH, according to itemonline. Although Councilman Ronald Allen mounted a spirited opposition to the ruling, noting that people have paid taxes on …
Texas City Votes to Keep Manufactured Homes only in Communities Read More
MHPronews has learned Arlington Estates manufactured home community (MHC) outside Blair, Nebraska was sold May 20 to local businessman Clifton Johnson by Kacey Witte. Licensed for 16 home sites, Arlington is zoned light industrial, which legally means no homes can be moved into the community, and those damaged more than …
Land Lease Community may Continue as Non-Conforming Read More
