OriginationNews tells MHProNews that after a two-year study, a Columbus, Ohio-based insurance company has introduced the Home Value Protection(HVP) plan to offer a modicum of protection to homeowners interested in refinancing or taking on a new mortgage. In light of the negative equity many homeowners face, Home Value Insurance Co. …
Manufactured home builders have long been known to provide cutting-edge energy efficiency options in the homes they offer the public. Hillcrest in Bullhead City, Arizona recently staked out its position to energy efficiency and green living. The company, in cooperation with Hallmark-Southwest Corporation, a California based manufactured home builder, announced …
Arizona Community Focusing on Low Cost Green Living Read More
SacBee reports MH and RV component manufacturer and distributor Patrick Industries, Inc., has finalized its acquisition of Elkhart, Indiana-based Performance Graphics, a designer, producer, and installer of exterior graphics for the RV, marine, enclosed trailer, and racing industries. Todd Cleveland, President and CEO of Patrick, said, “The acquisition of Performance …
MarketWatch reports from Eagle, Idaho, that Terrence J. Sheldon has resigned from the board of directors of T.J.T., Inc., effective Dec. 15, 2011. T.J.T. is a major supplier of recycled axles and tires to the manufactured housing industry, serving 14 western states from its recycling facilities in Idaho and California. …
MHProNews has learned from PR Newswire that New Jersey-based UMH Properties, Inc., has acquired City View manufactured housing community in Lewiston, Pennsylvania, for $750,000. The 59 home site community is situated on 22 acres in south central PA. Samuel A. Landy, President, stated, “We are pleased to announce the acquisition …
ThePostandCourier tells MHProNews the Southern Palms MHC in Ladson, South Carolina, just north of Charleston is promoting Cottage homes of 1,056 to 1,400 square feet for vacationers and those seeking smaller dwellings. Owned by Jensen Communities of Connecticut, which operates 30 MHCs in eight states, the age 55-plus community offers …
MHPronews.com has learned from the Denver Post that a modular housing plant in Johnstown, Colorado will bring 249 jobs. Houston-based Oil States International Inc will build modular housing for use by oil and gas workers in remote locations. The Colorado Economic Development Commission approved $2.2 million in state tax credits …
MarketWatch reports real estate investment trust (REIT) Sun Communities, Inc., announced its board of directors declared a dividend of $0.63 a share for the fourth quarter 2011. Payable Jan. 20, 2012, Sun has 21.8 million shares outstanding. The company owns and operates 156 manufactured housing communities with 54,000 sites. The …
Following up on a story we published Nov. 14, 2011, OmahaWorld-Telegram reports the oil boom in North Dakota continues to have positive repercussions for area MH producers. The York, Nebraska, Champion Home Builders plant has doubled its production staff since summer to 150, and intends to hire another 50 early …
North Dakota Oil Boom Drawing Midwest MH Producers Read More
More news from Canada on the modular homes for the Attawapiskat. According to tbnewswatch.com, Canadian Federal Aboriginal Affairs Minister John Duncan and Attawapiskat chief Theresa Spence will meet Thursday in Thunder Bay to discuss the current housing crisis and define what role the government will play in the community. Since …
Big Meeting Thursday to Address Canadian Community’s Housing Crisis Read More
According to the News-Journal, a one thousand acre site in Ormond Beach, Florida, is once again rankling feathers. Turned down ten years ago as an MHC, $150,000 homes were supposed to be built, but none were. The developer has returned asking for an amendment to the agreement with Volusia County, …
TampaBay reports a $33 million program over the past 12 years to retrofit thousands of pre-HUD Code homes with anchors to make them more storm resistant has come under fire for not living up to its expectations. Longtime manufactured housing supply businessman and lobbyist for the MH industry, Ken Cashin, …
SantaMonicaDispatch reports the Monterey Trailer Park in Los Angeles, California, was declared a Historical Cultural Monument Landmark in 2002 by the city of Los Angeles for being “a prime example of an early 20th Century recreation and housing resource in the booming Post WWII Los Angeles area.” It was originally …
This week Equity LifeStyle Properties closed on several acquisitions after entering into purchase agreements in May. Those agreements include a portfolio of 75 manufactured home communities and one RV resort containing 31,167 sites on approximately 6,500 acres located in 16 states for a stated purchase price of $1.43 billion. The …
Inhabitat reports an Italian firm has developed an energy efficient tubular Alpine cabin designed especially for mountain climbers and skiers. LEAP(Living, Ecological, Alpine Pods) Factory’s Gervasutti refuge is solar-powered, weighs 5,500 pounds and has six contact points with the ground. The elongated modular contains nearly 100 square feet and will …
HousingWire says Zillow Real Estate Market Reports is partnering with researcher Pulsenomics to sponsor what will be called the Zillow Home Price Expectations Survey. First published by Pulsenomics in 2010 with MacroMarkets as its sponsor, the quarterly survey is based on the expert opinions of over 100 housing market analysts, …
MHMSM.com has learned that an auction of the assets of pre-manufactured and modular building company Kullman Building Corp. is scheduled to begin on December 13 under the direction of Alco Capital Group, Inc., assignee for the benefit of creditors. The sale will be conducted at the company’s site at 1 …
Incidental improvement in the housing market is being noticed as consumer sentiment stabilizes, according to a new survey from Fannie Mae. The group’s November National Housing Survey revealed home price expectations moved from negative to positive territory for the first time in six months, with respondents expecting home prices to …
SacBee reports Lippert Components, Inc., a wholly-owned subsidiary of Drew Industries Incorporated, has acquired Indiana-based M&M Fabricators to expand its chassis customization business. With revenues of $3 million annually, M&M modifies chassis primarily for producers of specialized commercial vehicles, Class A and Class C Motorhome RVs, and transit buses. The …
MH Component Maker Drew Ind. Acquires Chassis Manufacturer Read More
StarTribune reports ice fishing accommodations have moved well beyond the unheated wood shacks set over a hole in the ice that you see in old movies. Displays at the St. Paul Ice Fishing and Winter Sports Show in St. Paul, Minnesota, include factory-built ice cabins as big as a small …
