Communities

Research Pinpoints where Tornadoes Might Strike

After studying 60 years of climatological data from the National Weather Service’s Storm Prediction Center, Purdue University researchers discovered most tornadoes touch down in what are called “transition zones,” areas where the topography changes dramatically, as in forests to open plains, or from tall urban buildings to farmland. Co-author of …

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MHVillage Reaches Millionth Milestone

Having provided over 100,000 sales leads to individual homeowners and professional sellers last month, online marketer of manufactured housing MHVillage.com is celebrating its one millionth visitor to its websites in March, and over 50 percent were new to MHVillage. The most widely used and recognized website of its kind in …

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Twin Coach Estates must Wait for Community to become Co-op

Following a story MHProNews.com last posted March 31, 2014 regarding Twin Coach Estates manufactured housing community (MHC) in Lakeville, Massachusetts, southcoasttoday.com reports the residents will have to wait until next month to complete their cooperative purchase of the community. Lakeville is tied up in the estate of the late Wayne …

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Manufactured Home Community Disrupted by Infrastructure Replacement

All of the infrastructure at Port Edward manufactured home community (MHC) in Port Edward, British Columbia (BC) was originally installed in the 1960s and now needs to be upgraded, according to thenorthernview.com. The entire community will be fenced in from April 28 to around Oct. 31, with no vehicles allowed …

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Manufactured Housing Community Ordered Closed

MHProNews.com reports the Meadowbrook Park manufactured housing community in Richmond, Maine was evacuated after the Richmond Utilities District turned off the water system because it was leaking, and shut down the sewer system to prevent raw sewage from leaking into a nearby stream. The state Manufactured Housing Board and local …

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Passages: Verdon R. Skipper

Founding father of the New Jersey Manufactured Housing Association Verdon R. Skipper, Burlington, New Jersey, passed away suddenly April 17, age 80. Verdon founded Pine View Terrace, a 55+ manufactured housing community in Browns Mills, NJ in 1966 , and it remains in the Skipper family to this day. In …

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Revenues for Equity LifeStyle Properties Rises

Manufactured housing community owner Equity LifeStyle Properties, Inc. (ELS) in releasing its 2014 Q1 financials today, Tuesday, April 22, report revenues of $196.59 million, up from $183.78 million last year, and well above analysts expectations of $178.97 million. First-quarter funds from operations (FFO) rose to $71.4 million, $0.78 per share, …

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Land Lease Community Converting to Modular?

The Sleepy Hollow Mobile Home Park in Manteca, California, long a sore point in the community with squatters, alleged drug dealing and other nefarious activities going on, is being closed, and according to mantecabulletin.com, will reopen with new modular homes. The 21-site community was adequate and neighborly to some but …

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MHI Develops Easy Congressional Advocacy Method

Nathan Smith, Chairman of the Manufactured Housing Institute (MHI), tells MHProNews the MHI Government Relations staff, Jason Boehlert and Rick Robinson, have developed a new website to facilitate contacting members of Congress about issues, as well as to learn more about the various issues that impact the manufactured home industry. …

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Firm that Sells Land Lease Communities Updates Website

Real estate investment services firm Marcus & Millichap (M&M), which closed over 6,600 transactions in 2013 with a value of approximately $24 billion, has announced the launch of its new website with quicker access to over $8 billion in listings, better direct connection to 1,300 agents and more information and …

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Sun Communities’ Lawsuit against Resident Dismissed

A lawsuit filed by Southfield, Michigan-based Sun Communities, Inc. (SUI) against the owner of a manufactured home in Southwood Village Mobile Home Park alleging the owner did not give Sun an opportunity to match an offer or be the highest bidder has been dismissed. While both sides are barred from …

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Equity LifeStyle Properties Hit with Additional $95.8 Million Damages

Updating a story MHProNews.com posted April 15, 2014 regarding a California court’s $15.3 million compensatory verdict against Equity LifeStyle Properties (ELS) brought by residents of California Hawaiian manufactured home community in San Jose, the same jury has awarded the plaintiffs $95.8 million in punitive damages. As regards the damage awards, …

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Free Legal Advice for Manufactured Home Community Residents

A Queensland, Australia-based not-for-profit that specializes in legal matters dealing with senior welfare will provide free legal advice concerning rights and responsibilities under the Manufactured Homes Act of 2003, to older residents of manufactured housing communities (MHCs). Caxton Legal Centre will deliver the Queensland Government program, according to probonoaustralia.com.au, knowing …

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Rezoning Required for Manufactured Home Communities

Harris Mobile Home Park in Nederland, Texas was rezoned from neighborhood retail commercial to manufactured home district, one step towards bringing the community into compliance with a new city ordinance that went into effect in 2010. As panews.com informs MHProNews.com, the city now requires all manufactured housing communities (MHCs) be …

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ELS Loses in California Court Case

A jury in Santa Clara County, California entered a verdict against real estate investment trust (REIT) Equity LifeStyle Properties, Inc. (ELS) for $15.3 million in favor of current or former residents of the California Hawaiian manufactured home community (MHC) located in San Jose, California. Plaintiffs alleged ELS did not maintain …

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Sun to Release Q1 Financials

Southfield, Michigan-based Sun Communities, Inc. reports it will release its Q1 2014 financials April 30, prior to the opening of the market, followed by a conference call later that same morning at 11:00 AM eastern standard time to discuss the results, according to marketwatch.com. To participate call toll free 800 …

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Manufactured Home Lots Selling in Fort Myers, Florida

MHProNews.com has learned the sales rate at LeeCorp’s Country Lakes manufactured home subdivision in Florida has hit 78 percent, as 25 of the 32 homesites have been sold. Country Lakes is a 55 and older community with lots averaging 77 by 162 feet, and priced from $27,900 to $37,900 per …

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New Mexico City Approves new Manufactured Housing Community

The Silver City (New Mexico) City Council approved #SD 14-01 request to plat a new manufactured housing community in town, according to grantcountybeat.com. The developer and his wife are longtime residents of Silver City and are investing their life savings in the project to provide safe, affordable housing for working …

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UMH Earns a “Hold” Rating

According to mideasttime.com, analysts at Wunderlich assumed coverage on real estate investment trust (REIT) UMH Properties, Inc., issuing a “hold rating” and a $10.00 price target on the stock. That target would indicate an increase of 1.21 percent over the previous close. The stock opened at $9.87 on Thurs., April …

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Massachusetts Community becomes Resident-owned Co-op

According to nashobapublishing.com, the Wayside Community Association, Inc. has purchased its own community, Wayside Estates in Shirley, Massachusetts facilitated by Cooperative Development Institute (CDI), a part of Resident Owned Communities (ROC) USA, based in New Hampshire. Wayside has set up committees to oversee the upkeep of the 64-homesite community and …

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