Communities

Ordinance may Block Siting of Manufactured Homes

A city code in Lewes, Delaware that bans residents of Abbott Park manufactured housing co-op from renovating or replacing their factory-built homes may be altered to allow only modular and stick-built homes in their stead, according to capegazete.villagesoup.com. Since manufactured homes (MH) are not allowed in Lewes, existing ones are …

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City Council Defies Planning Commission, Approves Zoning for 200 Site MHC

Following a story MHProNews published June 4, 2014 regarding the Lincoln (North Dakota) Planning Commission’s denial of a request to develop a 200 site manufactured housing community (MHC), the city council voted 2-0 to to approve rezoning for the project. Dave Patience, a civil engineer who presented the plan on …

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North Dakota Planning Commission Refuses to Rule on Proposed MHC

The Lincoln, North Dakota Planning and Zoning Commission has denied a request by Van Zeilstra of VCZ to develop a 200 home site manufactured housing community on the west side of town, according to bismarcktribune.com. Residents raised concerns about the added traffic, flooding and values of current nearby homes. MHProNews …

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Meadowbrook Park MHC Reopens under new Ownership

Updating a story MHProNews.com last published May 7, 2014 regarding the owner of Meadowbrook Park manufactured housing community (MHC) in Richmond, Maine losing his license to operate because of ongoing water and sewage problems, new owner Rick Breton says he will spend $400,000 to upgrade the infrastructure and install 39 …

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Non-profit Acquiring Manufactured Home Communities in Oregon

The St. Vincent de Paul Society of Lane County, Oregon purchased the 63-home site Oakridge Mobile Home Park in Oakridge, Oregon for $1.125 million, its fourth acquisition of a manufactured home community in ten years, according to registerguard.com. Aided by state and federal grants and a subsidized low-interest loan from …

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Sports Figure Invests in Florida MHC

Marcus & Millichap (NYSE:MMI) has arranged the $875,000 sale of 55 and older community Colonial Four RV in Zephyrhills, Florida from the owner/operator to a well-known sports figure. A mix of manufactured homes and seasonal recreational vehicle home sites, the community is set on five acres and has 57 rental …

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Marcus & Millichap to Present at annual William Blair Conference

National brokerage firm Marcus & Millichap, Inc. (NYSE:MMI) has announced that its chief financial officer (CFO), Marty Louie, and Hessam Nadji, Senior Vice President and Chief Strategy Officer, will present at the William Blair 34th Annual Growth Stock Conference, to be held June 10-12, 2014 at the Four Seasons Hotel …

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Neighbors Object to Proposed Manufactured Home Community Down Under

A proposed 100-homesite manufactured housing community in Australia is running into stiff opposition from the surrounding community, with over 100 complaint letters received about increased traffic, pedestrian safety, flooding problems and social impacts, according to newcastlestar.com.au. Dismissing resident concerns that it would look like a “tin hut community,” David Hughes, …

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Legislation Would Allow MHC Residents to Challenge Rent Increases

New York State Senator Ken LaValle (R-Port Jefferson) is drafting new legislation so owners of manufactured homes in communities would have some protection from “unjustifiable rent increases,” according to timesreview.com. Legislation aimed at protecting owners of manufactured homes has passed seven of the last eight years in the Democrat-controlled assembly, …

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City Refuses Request to Adopt Rent Control in MHCs

The topic at the Camarillo (Calif.) City Council turned to rent control as requested by residents of the Lamplighter Mobile Home Park because of their grievances against the owner, Irvine-based Investment Property Group (IPG). Members of the 227 homesite community say the swimming pool area is not kept up and …

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End of the Road for 8 Year Manufactured Home Community Proposal?

Updating a story MHProNews.com last posted Nov. 22, 2013 regarding Garden Homes Management’s eight-year effort to develop a 113-site affordable manufactured housing community (MHC) in Oxford, Connecticut, the Planning and Zoning Commission denied the application for a second time, according to voicesnews.com. The Inland Wetlands Commission has also turned down …

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Writer Slams Manufactured Housing Communities but Residents Love Life

While tampabay.com writer Drew Harwell pounds owners of manufactured housing communities (MHCs) for taking advantage of people of limited means—”Mobile home parks charge homeowners every month to rent their square of dirt and concrete,” he says, which is not exactly complimentary of the residents either, because “they can’t afford to …

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Factory-Built Homes Returning in Charleston, South Carolina

Robert Calhoun bought Sunrise Mobile Home Park in Goose Creek, South Carolina in the 1970’s and expanded the home sites from 102 to 325, added a swimming pool and a gated section, and lost only three of the property’s 115 live Oak trees, as the area grew up around him. …

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CBS Highlights Manufactured Homes

On the CBS Sunday Morning show segment May 18, the commentator -Mark Straussman – interviews a man standing in a manufactured housing community (MHC) in Santa Fe, New Mexico, who refutes the stigma often attached to residents, saying, “That is totally unfair, these are really good people, hard-working people you would …

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Manufactured Home Community Ordered to Make Restitution

While the Bon Ayre manufactured home community in Smyrna, Delaware advertised residents were not liable to pay real estate taxes, the community sent out invoices December 2013 billing them for taxes from 2006, up to $291 each, MHProNews.com has learned. After receiving complaints from residents, the attorney general’s Consumer Protection …

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Freddie Mac to Work with Experienced MHC Lenders

Regarding Freddie Mac’s decision to begin purchasing and securitizing manufactured housing community (MHC) loans as MHProNews.com posted here May 1, 2014, costar.com reports these will be commercial loans made to the community owners. David Brickman, Freddie Mac Multifamily executive vice president, said, “Manufactured housing communities are an affordable housing option …

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Boil Water Advisory Lifted in Manufactured Housing Community

A boil water advisory was issued by Capital Region Water, Tue., May 13, for a portion of Susquehanna Township that includes the Progress Ridge Manufactured Housing Community in Harrisburg, Pennsylvania. A contractor struck a water line, according to pennlive.com. Thurs., May 15 MHProNews.com learned the ban has been lifted after …

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Passages: Ralph Nattrass

The founder of Republic Mobile Homes in Texas in the late 1960’s, Ralph Nattrass passed away at age 88 in Edmonton, Alberta, Canada April 30. An owner of communities, subdivisions and part owner of Republic-Henslee Manufacturing, he teamed with Frank and Marina Woody to start the current Republic group in …

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Hometown America adds Saddlebrook Farms to Portfolio

Manufactured housing community (MHC) owner Hometown America of Chicago has acquired age-restricted Saddlebrook Farms MHC in Grayslake, Illinois, an hour from the corporate office. The 700-acre community features nature preserves, wooded areas and over 100 acres of lakes stocked with fish, and the new owners intend to install a state-of-the-art …

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Newcastle Divests itself of Manufactured Housing Portfolio

MHProNews.com has learned Newcastle Investment Corp. (NYSE:NCT) completed the sale of its manufactured housing portfolio that had a face amount of $222 million and was sold at 104 percent of par, $231 million. Part of the proceeds will go towards $152 million in debt expense, says businesswire.com. Newcastle received total …

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