Canada’s Killam Properties, Inc. (TSX:KMP) will release its Dec. 31, 2013 year-end financials on Tue., Feb. 18, 2014 after the market closes. A live audio webcast and conference call to discuss the results will be held the following day, Wed., Feb. 19 at 10:00 AM eastern time, according to wsjonline.com. …
Manufactured housing community (MHC) UMH Properties, Inc. (UMH) will host a review of Q4 and year-end financial results Thursday, March 13, 2014 at 10:00 AM EST, following the release of those results the day prior, March 12. Senior management will discuss the results and future forecast, marketwatch.com says, during the …
The Wildhorse Estates subdivision in Florence, Arizona has 84 large lots designated for manufactured homes (MH), but there are only 15 MH sited, and the remainder are site-built homes, making it out of compliance with county zoning. Many homes have horses and other farm animals, some of which have more …
The Clayton Family Foundation has pledged $500,000 to the Motlow College Foundation’s STEM (Science, Technology, Engineering and Math) endowment fund, according to tullahomanews.com. Jim Clayton, the founder of Clayton Homes of Maryville, Tennessee, and of the Clayton Foundation, has degrees in law and engineering, and currently is director and vice-chairman …
A subsidiary of manufactured housing and recreational vehicle community owner Sun Communities, Inc. borrowed $141.5 million from Bank of America, split in to two loans. The $72.4 million Pool A Loan accrues interest at 4.89 percent annually, while the interest rate on the $69.1 million Pool B Loan is 4.90 …
In discussing the feasibility of a possible bid for the 2024 Summer Olympics, a Boston committee focusing on infrastructure and transportation has suggested modular construction for housing the 16,000 athletes as well as for the 80,000 seat Olympic Stadium, an aquatics center and a velodrome for indoor cycling. As masslive.com …
Manufactured housing community (MHC) owner Inspire Communities of Gold River, California has acquired Quail Ridge Estates of Lake Charles, Louisiana. An all-age community, Quail Ridge was 89 percent occupied at the time of acquisition in Q4, 2013, and has 373 home sites set on 82 acres and features several recreational …
Inspire Acquires Manufactured Housing Community in Louisiana Read More
As pressrepublican.com tells MHProNews, the proposal for a 250-lot residential development on 95 acres in Plattsburgh, New York includes manufactured and modular homes in addition to stick-built dwellings. Chris LaBarge of Peryea-LaBarge Real Estate will submit a request to the Town Council under Planned Development District rules that restricts the …
Housing Development set to Include Manufactured and Modular Homes Read More
Two town board members of Sylva, North Carolina are reconsidering a 15 year-old ban on siting single-section manufactured homes outside of manufactured housing communities (MHCs), saying it may be unfairly punishing people of modest means. Board member Mary Gelbaugh says, “We are trying to make housing available, and I’m worried …
Town Reconsidering Ban on Manufactured Homes outside Communities Read More
Delaware lawmakers are considering increasing the amount owners of manufactured homes (MH) will receive if they are forced to relocate. Tapping into a fund established from a monthly assessment on sites in manufactured housing communities (MHCs), the Delaware Manufactured Home Relocation Authority (DMHRA) proposes to double the maximum relocation expense …
Payment for Moving Manufactured Homes May Increase Read More
JLT & Associates of Grand Rapids, Michigan is merging with national manufactured home (MH) appraisal firm Datacomp and MHVillage, a major internet marketing website for manufactured homes in land lease communities. Appraising MH since 1987, Datacomp gathers information about home values and features of manufactured housing communities (MHCs), and maintains …
JLT & Associates Merges with Datacomp and MHVillage Read More
The Great Plains modular housing project in southeast Calgary, Alberta, Canada, built to house those displaced by the June 2013 floods is set to close in 30-60 days, according to calgaryherald.com. “It’s not a hard and fast date,” said government spokeswoman Trisha Anderson. “We’re not going to throw anyone on …
According to tickerreport.com Zacks has upgraded shares of Equity LifeStyle Properties, Inc. (NYSE:ELS) from “neutral” rating to “outperform” in a research report issued to investors, with a $42.80 target price on the stock. While ELS has a 52-week low of $33.36 and a 52-week of $42.86, it closed down Tuesday …
Led by resident Brooke Mathers of Lazy Wheels Mobile Home Park in Bothell, Washington, over 90 residents of manufactured housing communities (MHCs) from around the state met with dispute resolution personnel from the Washington attorney general’s office, local officials, representatives of manufactured homeowners organizations and Linda Garcia, co-owner of Lazy …
Manufactured Home Community Residents Air Complaints Read More
The new developer of Georgetown Estates in Georgetown County, South Carolina has requested his proposal to alter the content of the development to include factory-built homes be put on hold by the county planning commission. The original plan included 214 single-family and patio homes on lots ranging from 6,000 square …
As follow-up to a story MHProNews posted Dec. 18, 2013, metronews.ca in Canada reports Killam Properties, Inc. (TSX:KSM) of Halifax, Nova Scotia has increased its monthly dividend from $0.04833 cents per share to $0.05 per share. On an annual basis the increase works out to be from $0.58 to $0.60 …
Northstar Realty Finance Corp (NYSE:NRF) has announced the closing of $345 million of an approximately $400 million manufactured housing (MH) portfolio comprised of 16 manufactured housing communities (MHCs). Located primarily in Colorado and Texas, this purchase adds 5,900 homesites to the company’s stable. As einnews.com informs MHProNews.com, this REIT’s (real …
Northstar Realty Acquires Manufactured Housing Portfolio Read More
UMH Properties, Inc. (UMH) will be presenting at the 2014 Sidoti & Company’s Annual New York Micro-Cap Conference, Monday, Jan. 13, 2014. Held at the Grand Hyatt in New York City, UMH’s Chairman of the Board Eugene W. Landy and President and CEO Samuel A. Landy will offer an overview …
Eugene Landy and Samuel Landy will discuss UMH in Jan. 2014 Read More
The manufactured homes in Marina Park manufactured housing community (MHC) in Newport Beach, California were bought by the city for $35,000 each in 2007 as the result of a settlement agreement after the MHC closed. Set to become a public park, the city had awarded a $405,000 contract to a …
Repairable Manufactured Homes Saved for the Wrecking Ball Read More
City officials in Port Lavaca, Texas have imposed a six month ban on the development of new manufactured housing communities (MHCs) to allow the creation of new regulations. In the wake of the oil boom in the area, according to victoriaadvocate.com, two developers had applied for permission to build MHCs, …
