RVBusiness says real estate investment trust (REIT) Sun Communities, Inc. (SUI) reports an increase in sales for the third quarter 2012 of $83.1 million versus $74.7 million for the same period 2011. Sun incurred a third quarter net loss of $275,000 as compared to Q3 2011 when the company lost …
Equity LifeStyle Properties, Inc., (ELS) reports its Funds From Operations (FFO) rose from $33 million, or $0.76 per share in Q3 last year to $53.2 million, or $1.17 per share for the third quarter of this year. According to RVBusiness, for the nine months ending Sept 30, 2012 FFO hit …
The billingsgazette reports because housing is so scarce and wages are so great in the Bakken Oilfield in western North Dakota, the running joke is the oilfield holds the record for homeless people with $100,000 incomes. A housing summit last spring determined the need for 5,000 housing units for the …
The Midland Daily News reports a marketing company has established a website for Tyrone Woods MHC in Fenton, Michigan that gives the residents better internet service and allows them to connect with each other and management easier. Called a “property website management solution” by its developer, enrichesolutions, a subsidiary of …
Dennis Hill and Show Ways Unlimited, Inc. are proud to announce the launching of the Louisville Manufactured Housing Show 2013 website. The website provides a robust display of specific seminars, exhibiting manufacturers, service and supply vendors that will be at the show, in addition to some of the movers and …
CanadaNewswire tells MHProNews Halifax, Nova Scotia-based Killam Properties, Inc. (TSX:KMP) announces the board of directors has declared a monthly dividend of $0.04833 per share will be paid to shareholders of record Oct. 31, 2012 on Nov. 15, 2012. This is the same monthly dividend amount that was paid Oct. 15. …
Following a story we last published Sept. 24, 2012, concerning a race between two women for House District Seat 37 in southeastern Delaware, Cape Gazette Village Soup has posed questions to the candidates. Republican Briggs King is the incumbent and vice president of the county realtors association. Democratic challenger Beth …
Following a story from May 21, 2012, PalmBeachPost says a plan to close the Whitewater Senior Adult Park MHC and develop the land into multifamily rental units and a commercial center will come to a final vote before the Jupiter, Florida Town Council. Arrangements have been made with Lakeshore Communities …
We covered a story Oct. 4, 2012 concerning the federal court-ordered closing of Duroville MHC in Mecca, Calif. due to poor housing conditions, and the fate of those living there. MyDesert reports 41 of the manufactured homes of the 180 homesite Mountain View Estates in nearby Oasis, Calif. had been …
Long-time Massachusetts Manufactured Housing Association member Edward D. Currie, 75, passed away suddenly Sept. 30th in Stuart, Florida. The owner of Mogan’s Mobile Home Park in Wareham, Mass., and Currie Enterprises, he served until five yeas ago on the Manufactured Housing Commission. He was involved with Little League Baseball and …
CapeGazette VillageSoup informs MHProNews from Georgetown, Delaware Captain’s Way Development LLC has requested a zoning change for a 155-acre parcel of land from single-family site built to manufactured home community. Developer Pret Dyer, saying it is an opportunity for Sussex County to achieve its affordable housing quota, also stated he …
WSBTV reports residents of Tara Mobile Home Park in Jonesboro, GA just south of Atlanta have endured the abandonment of neighboring Maria Mobile Homes community and the subsequent collection of dumped furnishings and trash, as well as squatters living in the decrepit homes. The water was turned off last year …
KOTARadio in Rapid City, South Dakota tells MHProNews the Legal and Finance Committee denied a proposed ordinance to allow modular homes into manufactured housing communities, without discussion. In limbo for a number of months, at a previous committee meeting members expressed concern the ordinance might allow manufactured housing into other …
From Vero Beach, Fla. tcpalm reports five manufactured homes have been donated for qualified veterans in need of housing. All of the homes are two-bedroom multi-section and ready for immediate occupancy. Home Depot is partnering with the Veterans Council to help repair the one home that needs work. MHProNews has …
TheGatewayNews tells us from Streetsboro, Ohio the Lakeside Terrace land lease community is undergoing a facelift as well as receiving new infrastructure. An MHC since the 1970’s, Dave Leichtman of Verandah LLC says he plans to sell new homes wholesale to the residents. Currently six units are occupied and three …
Reuters reports Sun Communities, Inc. is purchasing four eastern Michigan manufactured housing communities from a group of Rudgate affiliated entities for $70.8 million comprised of 1,996 manufactured home sites. Sun is also financing two other Rudgate communities, which it will then manage, also in eastern Michigan, comprising 1,598 manufactured housing …
Canada’s Killam Properties, Inc. (TSX:KMP) announces it will release it’s third quarter 2012 financials for the period ending Sept. 30 on Tue. Nov. 6 after the market closes. Canada Newswire says a conference call to discuss the results will follow on Wed., Nov 7, 2012 at 11:00 AM EST. The …
The MinotDailyNews reports from Minot, North Dakota manufactured homes are being welcomed in many older neighborhoods following the Souris River flooding in June of 2011 that took out some 4,100 homes. Many of the houses lost were older, smaller homes that can be replaced quickly and affordably with manufactured houses. …
Forty-one new manufactured homes have been installed in Mecca, California in the Mountain View Estates community to replace aging factory-built homes that were damaged/destroyed in a 5.5 inch downpour Sept. 11, 2012, according to what mydesert tells MHProNews. The rains ripped apart some of the Duroville MHC homes in Mecca, …
PRNewswire tells MHProNews Green Courte Partners, LLC announces the appointment of Thru A. Shivakumar as Vice President, Acquisitions. While Ms. Shivakumar’s background is with parking facilities, and her focus will remain in that sector, her experience includes asset and portfolio management. Chicago-based Green Courte is a private-equity real estate investment …
