Noting the growing trend of retirees downsizing to homes that are more manageable and affordable, monroemonitor.com in Monroe, Washington suggests there is a growing market of used manufactured housing in 55+ retirement communities that with a little elbow grease can lead to living well, green and stylish. By replacing the …
Age-restricted MHCs offer Strong Sense of Community Read More
Yale Law School’s 2014 recipient of the Simeon Baldwin award has been conferred upon Eugene Landy, founder and chairman of UMH Properties, Inc. (NYSE:UMH) and Monmouth Real Estate Investment Corp. (NYSE:MNR). The award recognizes achievement in law and business. Describing Landy as “one of the pioneers and founders of the …
Updating a post MHProNews last published May 27, 2014 concerning opposition to a 100-homesite manufactured housing community (MHC) in Mayfield, New South Wales, Australia, councilors approved the development by a 7-4 vote at a public hearing, according to newcastlestar.com.au. Councilor Brad Luke, who had chaired the meeting, said the developers …
Plans Approved for 100-Site Manufactured Home Community Down Under Read More
The Bow River overflowed its banks in Siksika, Alaska last June, following a deluge that also swamped part of southern Alberta, Canada, putting downtown Calgary under water. 170 homes belonging to Siksika Reserve residents were hit by rising tide, with many destined for demolition. Evacuees from the 7,000 person reservation …
Manufactured housing communities (MHCs) may be an environmentally friendly solution for housing the millions of retiring Baby Boomers, and are often safe, pleasant areas that provide a sense of community, ideal for retirees, according to motherearthnews.com. Noting 20 million Americans live in MH, the Manufactured Housing Institute (MHI) estimates 23 …
Manufactured Homes: Solution to Need for Baby Boomer Housing Read More
The board of directors of real estate investment trust (REIT) Sun Communities, Inc. (SUI) announces it has declared a quarterly distribution of $0.65 per share of common stock for Q2 2014, according to marketwatch.com. Distribution is payable July 18, 2014 to shareholders of record as of June 30, 2014. The …
MHProNews has learned from farmingtonindependent.com of Minnesota a 1977 Marshfield manufactured home that has been abandoned by Richard Brown in the Country View of Lakeville manufactured home community (MHC) will be sold at public auction by the sheriff of Dakota County. The amount of the claim against the property is …
Real estate investment trust (REIT) UMH Properties, Inc. will host a webcast to report on its second quarter 2014 financial results Friday, Aug. 8, 2014 at 10:00 AM, after releasing the numbers, Thursday, Aug. 7, according to marketwatch.com. To participate click on the company website www.umh.com. As MHProNews understands UMH …
An hour east of Palm Springs, California, in the eastern Coachella Valley, where manufactured housing communities (MHC) dot the landscape of farmworkers who are sometimes living in dilapidated pre-HUD Code homes, lies St. Anthony’s Trailer Park, says nytimes.com. The community’s sporadic clean drinking water (arsenic has been found in the …
Challenged MHC in California Transformed with Public Space Read More
Riverstone Communities has acquired Medley Mobile Home Park, a 202-home site manufactured housing community (MHC) in northwest Miami-Dade County, sold by Andrew Ginsburg’s 7200 Corp. According to bizjournals.com, while the Dade County Appraiser assessed the property for $3.8 million, the $12 million price paid represents $59,405 per each site. MHProNews …
In a letter to “Anne” of the democratandchronicle.com in Rochester, New York, a manufactured home community resident says he wants to sell his home, and after submitting a written notice to the community manager was told he is not allowed to put a sign on the house, has to offer …
With an lack of affordable housing availability that housing officials say borders on a crisis, Gary Knight of Bend, Oregon wants to develop ten acres into a manufactured housing community (MHC) if the Deschutes County Planning Commission will change the development code and allow for rezoning. The owner of Juniper …
For the second quarter ending May 3, 2014, Nobility Homes (NOBH) reports sales increased 94 percent over the same period last year, $7,416,086 versus $3,813,619 Q2 2013. Net income after taxes was $284,900, compared to a loss of $47,021 last year. According to marketwatch.com, diluted earnings per share rose from …
The manager of nine manufactured housing communities (MHCs) across Michigan, HomeFirst™ is giving away a manufactured home to a returning military veteran or family. The essay-based contest winner will receive a new residence in either Riverbrook (New Haven) or Springrove (Springfield Township), according to ourmidland.com, and will only be responsible …
Free Manufactured Home offered to Military Veterans Read More
In a wide-ranging interview on Fox Business Network’s Opening Bell with Maria Bartiromo, Chairman of Equity LifeStyle International, Sam Zell, says he may not be young enough to see the final tapering of the Federal Reserve’s stimulus, despite most observers saying it will end in October, as housingwire.com tells MHProNews. …
MHProNews.com has been informed that private equity real estate investment firm Green Courte Partners, LLC has acquired Mountain View Estates, a 170-homesite age-restricted manufactured housing community (MHC) in Mesa, Arizona. Green Courte’s William Glascott says, “With this acquisition, our portfolio of age-restricted land-lease communities within the greater Phoenix market includes …
Green Courte Acquires Land Lease Community in Arizona Read More
A new ordinance unanimously passed by the Hamlet (North Carolina) City Council allows any factory-built home to be sited within the city limits providing it is set on a concrete foundation and “the tongue, axles, transporting, lights and removable towing apparatus shall be removed subsequent to final placement.” The previous …
New Ordinance Allows Placement of Pre-HUD Code Homes Read More
While the most recent news from Lake County, California that MHProNews has published dealt with rent control in manufactured housing communities Feb. 5, 2014, record-bee.com reports the Middletown Unified School District (MUSD) Board of Trustees will consider a contract with American Modular Systems to install modular classrooms at Minnie Cannon …
Modular Classrooms to be Considered for Calif. School Read More
Sandhill Shores manufactured home community (MHC) in Fort Pierce, Florida is holding a mock hurricane drill June 26 to inform residents what to expect in case of a real event. Managed by Newby Management, the 55+ community of homes and recreational vehicles (RV) will experience the drill as if a …
As an addendum to a story MHProNews published April 26, 2013 regarding Florida’s state-run insurance company reducing its coverage (but not its premiums) on older manufactured homes (MH), a resident says his Citizens renewal notice indicates the value on his home dropped from $71,000 to $29,000 in 12 months. In …
Manufactured Home Owner Upset with Florida Insurer Read More
