Benzinga says UMH Properties, Inc. has announced it has acquired two manufactured housing communities in Ohio for $5.9 million, bringing their ownership of MHCs to 55 communities comprised of approximately 10,400 homesites. The 280 sites, situated on 62 acres, average 89 percent occupancy. UMH President Samuel A. Landy says the …
FloridaToday reports Deland, Florida-based ConSol International, LLC is shipping eight modular homes from Port Canaveral to an indigenous First Nation community in Labrador, part of Newfoundland on the Atlantic Coast of Canada. Con Sol’s co-owner Chris Wallington says he typically uses the Port of Jacksonville, to ship his modular homes, …
YAHOO! Finance says Eugene W. Landy, Chairman of the Board, and Samuel A. Landy, President of UMH Properties, Inc. (NYSE:UMH) of Freehold, New Jersey, will present an overview of the company to the Philadelphia Securities Association at the Union League in Philadelphia, Pennsylvania, Wed. Oct. 10, 2012. The luncheon meeting, …
From Canada, TumblerRidgeNews in north east British Columbia tells MHProNews Triland International is building a series of modular duplexes in Tumbler Ridge, the first major new housing project in that area. The top housing unit will have two bedrooms and two baths, while the bottom dwelling will feature three bedrooms …
Modular Homes from Idaho going to Northern British Columbia Read More
Benzinga reports that Sun Communities, Inc. (SUI:NYSE) has begun an underwritten offering of 3,000,000 million shares of common stock, with a 30-day option for the underwriters to purchase an additional 450,000 shares. Sun intends to use the proceeds to pay down debt, fund possible future acquisitions, and for general corporate …
CNNMoney reports the $25 billion settlement between the country’s five largest banks and the state attorneys general and federal government has led to JPMorgan Chase offering mortgage relief for thousands of its customers. The settlement gives banks the most credit for loan modifications completed in the first year, so Chase …
The vagazette informs MHProNews compassion led the Planning Commission in James City, Virginia to take a step beyond the legal border of the Public Service Area (PSA) and recommend extending sewer service to residents of the Greensprings Mobile Home Park. The two-and-a-half hour meeting saw several of the 80 residents …
sgvtribune reports from El Monte, California in the San Gabriel Valley an initiative on the November ballot will repeal a voter-approved measure that provides a ten percent discount to qualifying seniors who live in some of the MHCs in El Monte. The measure also gives the city council authority to …
Killam Properties, Inc., in its expansion efforts outside Atlantic Canada, announces it has acquired a four building, 244-unit apartment portfolio in Ottawa, Ontario, bringing its overall total to 11,638 apartment units. Based in Halifax, Nova Scotia, Canada, MHProNews has learned Killam owns and operates over 50 manufactured housing communities comprising …
journal-topics tells MHProNews even as an auctioneer rolled through Glenview, Illinois’ Sunset Village MHC in a sound truck auctioning off manufactured homes, residents remain hopeful they can buy the community out of foreclosure. Frustrated by neglect and issues with water quality, threatened with eviction in some cases, residents made rent-to-own …
Roger Bull’s Sunday Notebook in jacksonville reports the sale of two manufactured housing communities in Jacksonville, Florida to Rufus & Roxy LLC of Bainbridge Island, Washington. An extensive Google search led to the owner, Scott Fallows, who bought Sunny Oaks North Mobile Home Park and Briarwood Mobile Home Estates, which …
Oak Tree Development of Cambridge, Mass. has been chosen by the Federal Real Estate Investment Trust to develop the residential section of a 222,000 square foot retail plaza in Reading, Massachusetts, according to PRWeb‘s story based on a Boston’s weekly Real Reporter article. Oak Tree tapped Keiser Maine, a division …
Frontiersman tells MHProNews the Builders Choice, Inc. plant in Meadow Lakes, Alaska outside Anchorage goes through 5,000 board feet of lumber each day making trusses for man camps for the North Slope, six-plex housing units, and airplane hangars. While currently only 27 people work at the facility, Builders Choice opened …
The ChronicleHerald of Canada tells MHProNews 300 families in the Mountain View Estates manufactured housing community at Lake Echo in Nova Scotia have been without potable water since last December. MHC owner Killam Properties, Inc. of Halifax, Nova Scotia has issued monthly updates saying the boil-water order remains in effect …
ozarksfirst reports from Jefferson City, Missouri the Missouri Public Service Commission’s Manufactured Housing and Modular Units Program has received word from the United States Consumer Product Safety Commission (CPSC) that specific models of GE dishwashers are being recalled due to a problem in the heating element that can pose a …
Gizmag tells MHProNews the Mini House from Sweden is a prefabricated modular home that arrives flat-packed and can be assembled in two days. Creator Jonas Wagell says all the modules can be recycled or combusted except the sliding glass door that opens on to the terrace, which gives a larger …
CNNmoney says in a complaint filed last month, the Los Angeles city attorney’s office accused U.S. Bank of contributing to crime, blighting neighborhoods, and harming property values by failing to maintain 170 foreclosed properties. With 3,000 branches in 25 states, the nation’s fifth largest bank is being called the largest …
times-standard reports from the northern coast of California Sandpiper Mobile Home Park is in its final stages of rebuilding after being purchased in 2006 by nonprofit Resident Owned Parks (ROP), which will offer homes for low income people to buy in Arcata, CA with the eventual goal of residents owning …
Using a 3D computer model to design every aspect of a house, Facit Homes brings its high-tech machine to a site where it fabricates a digitally designed dwelling on the spot to the homeowners exact specifications, down to the placement of every electrical outlet. Gizmag tells MHProNews utilizing a compact …
Two of three residential real estate investment trusts (REITs) recommended as having a good yield by Marc Gerstein at seekingalpha are MHC owners. Noting the tight lending standards for potential homebuyers, the accompanying unpredictable job market, and the rise in the rental market, Gerstein says UMH Properties appeals to people …
