A manufactured housing community is offering to pay cash for single-section manufactured homes 1990 or newer. Rolling Hills Estates in D’Iverbille, Miss., just outside Biloxi, is also offering newer homes for people who want to trade up their older manufactured home and live in the community. As newswire informs MHProNews, …
Community Owner will pay Cash for used Manufactured Homes Read More
Investment firm Alceon has acquired the Oaklands Village Manufactured Home Estate in Wollongong, New South Wales, on the southeast coast of Australia, for $13.4 million. Sold by the Oaklands Village Trust, the community has 258 home sites and is located just south of Sydney, Australia, according to theaustralian.com. As MHProNews …
Australian Manufactured Home Community Changes Hands Read More
Following a story MHProNews posted yesterday, June 25, concerning the former Hilltop manufactured housing community in State College, Penn. that a builder wants to develop into student housing, the College Township Council rejected the request. Despite a modified proposal from the developer, Ind.-based Trinitas Ventures, which offered a plan that …
Rezoning Request for Former Manufactured Housing Community Denied Read More
MHProNews last posted a story May 23, 2013 concerning the closing of a land lease community in State College, Penn. in which the owners were sued for not reimbursing homeowners according to state law, and were ordered to pay. The land has now been sold to Trinitas Ventures, which intends …
Student Housing Planned to Replace Manufactured Housing Community Read More
The Midland Independent School District (MISD) in Midland, Tex. is a step closer to deciding where to site the manufactured homes it will be acquiring to house staff. At a special meeting tonight, June 25, board members may decide whether to site the homes on the grounds of an unused …
Midland School District may Vote on Manufactured Homes Tonight Read More
A humanitarian solutions company for refugees of the Syrian conflict has built 1,000 modular homes, in addition to modular schools, hospitals and mosques on the border with Turkey. Modular and Mobile Solutions of Ras Al Khaimah, an emirate that is part of the United Arab Emirates (UAE) located on the …
Real estate activity is ramping up in Eugene, Ore. as low inventory is producing multiple offers, and in some case bidding wars, driving prices up, especially on homes under $250,000. Carol John bought a three-bedroom home in 2010 for $283,000. As her investments soured during the recession and she wanted …
Former Site-built Homeowner moves to Manufactured Home Read More
Following a story MHProNews last covered June 11, 2013 regarding the rent justification bill in the Delaware General Assembly, lawmakers passed SB 33 but removed the requirement that increases be greater than the average annual increase in the Consumer Price Index (CPI) for the last three years. The Delaware State …
Delaware General Assembly Passes Rent Justification for Land Lease Communities Read More
Manufactured housing community owner Sun Communities, Inc. (NYSE:SUI) announces a quarterly dividend of $0.63 per share for investors of record as of June 28, 2013, payable on July 19, 2013. Represents a dividend yield of 5.06 percent, according to watchlistnews, with an ex-dividend date of June 26. With a 50-day …
Residents of Foxwood Village manufactured housing community in Calverton, NY near the eastern tip of Long Island are in despair over the loss of a heavily wooded area behind their homes being clear cut for a Costco Wholesale Club. Instead of trees lining the property, unhappy residents will see a …
Development Irks Manufactured Housing Community Residents Read More
Updating a story MHProNews posted June 12, 2013 regarding manufactured homes for teachers in housing-strapped Midland, Tex., the Midland Independent School District (MISD) trustees authorized up to $3.5 million to create a 70-unit temporary housing development. While the trustees originally thought they would have to develop infrastructure for the new …
School District may Lease Homesites in Manufactured Housing Community Read More
Private equity real estate investment firm Green Courte Partners, LLC announces the promotion of Braden Rudolph to Vice President, Asset Management. A 2010 MBA graduate of Northwestern University’s J L. Kellogg School of Management, Rudolph has been active in strategic initiatives at American Land Lease, Inc., an owner/operator of 50 …
Green Courte Announces Promotion of Braden Rudolph Read More
A sinkhole on a bridge at the Pine Haven manufactured housing community in Marietta, GA left residents who relied on the only vehicular access to the community stranded on Monday, June 17. Some residents needing to go to work relied on cabs or friends to take them; others waited for …
As follow-up to a story we published June 17 concerning First State Manufactured Housing Association scholarships, MHProNews has learned First State of Delaware has awarded $33,000 in scholarships to 30 recipients since 1999. Eligible candidates are judged on their scholastic record, financial need, an essay and personal/professional recommendations. They are …
$33,000 in Scholarships Awarded by First State Manufactured Housing Association Read More
Birmingham, Mich. based Q10 l Lutz Financial Services has arranged $108 million for the refinancing of a portfolio including 47 manufactured housing properties and three apartments. Lutz, a commercial real estate financial services firm, says the unnamed, Midwest-based private investor realized $99 million for the manufactured housing communities and $9 …
Portfolio of Manufactured Housing Communities Obtains Refinancing Read More
From Michigan, WXYZ.com informs MHProNews residents at Woodhaven Place manufactured home community having trouble navigating the roads in their community after a rain because of a drainage problem. While community managers say the city of Woodhaven, located just south of Detroit, are responsible, the city manager for Woodhaven visited the …
As realestaterama informs MHProNews, 13 million people over 50 contend with unaffordable and/or inadequate housing. The AARP (American Association of Retired Persons) Foundation is investing $2.5 million in three different strategies that provide housing for the over 50 crowd who have limited means. One of the recipients is ROC (Resident …
American Association of Retired Persons Funds Manufactured Housing Read More
As follow-up to a May 28 MHProNews post regarding a class-action suit filed against the Delaware Manufactured Housing Relocation Authority (DEMHRA) for allegedly collecting a $3 monthly fee for each home illegally, Deputy Attorney General Edward Black says the authority did approve the collecting. Brought by three manufactured housing community …
Delaware Responds to Class-Action Lawsuit regarding Fees Read More
According to the National Association of Realtors (NAR), five to six million renter households will be created within the next ten years, as reported in HousingWire. The Census Bureau says renting households increased substantially from 2008 to 39 million, and that number will rise to 41 million in two years. …
In an interview with reit.com, UMH Properties (NYSE:UMH) president and CEO Sam Landy says occupancy rates have risen at the company’s 68 manufactured home communities comprised of 12,800 homesites because of the strength of the rental market. UMH rented 200 units last year and intends to fill another 200 this …
