Triad Financial Services, Inc. tells MHProNews that it has formed the Triad Manufactured Home Risk Purchasing Group (RPG) for manufactured home dealers. Triad says that it created the program in response to the increasing demand for affordable liability insurance for manufactured home retail dealers. In addition to the insurance savings, …
Triad Financial Services Creates New Program Manufactured Home Dealers Read More
In an update to the story that the Daily Business News originally covered here, residents at the Thetis Lake Campground community in View Royal, British Columbia, Canada, are facing an imminent threat. According to Western Investor, assessments on the community are threatening the viability of the most affordable housing option in …
UPDATE: MHC Future in Doubt, the Other Side of Rent Control Read More
In Australia, manufactured home builder and community owner Gateway Lifestyle Group has seen significant growth since the Daily Business News reported a potential deal with Hometown America last August to purchase National Lifestyle Villages (NLV), Western Australia’s largest operator of manufactured home communities. At the time, the proposed deal would …
Acquisition, and Rumors of a Billion Dollar Acquisition, for Hometown America Read More
In the U.S., millions are still working, hoping and praying for the original American Dream: home ownership. More than a half a century since the “War on Poverty” began, not much has changed – and the nation is in the midst of an affordable housing crisis, where preservation, and creation, …
Trump, Carson, Creating Jobs by Supplying the American Dream Read More
In the U.K., modular housing continues to gain steam as a practical solution to the nation’s growing housing crisis. But in Wembley, just north of London it’s being taken to a whole new level. According to Construction News UK, Tide Construction and Vision Modular Systems have put the final piece …
Our theme for this month is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
Even though six months remain until the deadline, Darryl Searer, president of the RV/MH Heritage Foundation wanted to remind MHProNews, and industry professionals, that if they are considering nominating someone, now’s a good time to begin working on it. “Even though we are intensely planning for the induction dinner celebration for …
While the value proposition for manufactured housing is well known to industry professionals, showing or explaining that value to the mainstream can be a challenge. According to recent information from NAREIT, that appears to be changing. New data shows that manufactured housing REITs now occupy an enviable place in real …
In Penticton, British Columbia, Canada, modular building manufacturer Britco laid off most of its employees earlier this month, in what the company is calling a “curtailing.” According to Infotel CA, Western One, Britco’s parent company, announced the sale of Britco’s rental and U.S. manufacturing businesses on March 6 to Black …
In 1821 Charles Bulow purchased nearly 5,000 acres of land in northeast Florida, in what is now Flagler County. According to Florida Today, local historian Al Hadeed said, “The Bulow Plantation was one of the largest plantation enterprises in territorial Florida. It was very successful because its major crop was …
Former Sugar Plantation Sees Reallocation of Manufactured Homes Read More
A new business is set to expand in the Pocatello, Idaho community that could see the addition of up to 40 employees. Modular Zip Kit Homes owner Chris Jaussi expects to find a manufacturing facility in the area within the next two weeks and hopes to begin hiring by June …
More than two dozen homes in Greenwood Estates manufactured home community just south of Indianapolis, Indiana will have to relocate while Worthsville Road is expanded to accommodate increased traffic and development from U. S. 31 to State Road 135. The first leg of the expansion, from U. S. 31 to …
Road Construction will Require Manufactured Home Residents to Move Read More
Noteworthy headlines on CNN Money: United CEO Oscar Munoz: No one has been fired over passenger incident. Brexit: U.K. election makes a painful breakup more likely. Jared Kushner is still selling off his business assets. French presidential candidate wants a 100% tax on the rich. Some key bullets from Fox …
Skyline Shakes Slide, Tops MH Risers. Major’s Down, MHCV Up Read More
MHProNews has learned from TheRealDeal that Washington, D. C.-based Carlyle Group, one of the world’s largest investment firms with over $178 billion of assets, according to its website, has added 437-homesite Royal Manor Mobile Home Estates in Boynton Beach, Fla. to its portfolio of MHCs. Financing the deal with a $26.4 …
Carlyle Group Adds to its Manufactured Home Community Portfolio Read More
Our theme for this month is: Manufactured Housing Industry Politics – Complicated Cross Currents, or April Fools? and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
Big news for Tricon Capital Group Inc. (TCN), as they have announced their acquisition of Silver Bay Realty Trust Corp (NYSE:SBY), an owner and operator of single-family rental homes in the United States for $1.4B. According to HousingWire, the all cash transaction valued Silver Bay at $21.50 per share, and …
Former Amazon manager Andy Holm sees the future as “Blokable” with modular housing. Holm, who led the build out of Amazon’s physical locations, including work on the Amazon Go convenience store concept, discovered his pain during that process was actually a viable business. Finding and working with the firms that …
In the U.K., a prefab bonanza is taking place, and another company has decided to get in on the action. According to the Telegraph, a Docklands factory will be the first of its kind in London, and will eventually provide 3,000 new modular homes. As the Daily Business News covered …
In Anoka County, Minnesota, just north of Minneapolis, one organization has seen the light, combining all the benefits of manufactured housing to combat homelessness. According to ABC Newspapers, non-profit organization Family Promise will receive a $10,000 grant to kick-start a new effort to combat homelessness in Anoka County. The “Home …
The Promise of Housing – Manufactured Homes Take Center Stage Read More
Throughout most parts of California, almost everything is expensive. That includes housing. But, in Santa Barbara, one developer believes that he’s solved the city’s housing shortage. According to NoozHawk, project architect Jan Hochhauser and developer Ed Clark purchased the property, a former manufactured home community, out of bankruptcy. The …
