Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over three dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals …
Prefab housing appears to be getting even faster. Skilpod, a Belgian construction company, has created the #150 Skilpod solar-powered model, a prefabricated home that can generate all its own energy and be set up in as little as half a day. According to Inhabitat, the model was by UAU Collectiv, …
On the acquisition front in the manufactured housing industry, Universal Forest Products, Inc. (NASDAQ: UFPI) has announced two acquisitions. Through one of its affiliates, UPFI has closed on the purchase of certain assets of Quality Hardwood Sales. Based in Nappanee, Indiana, Quality Hardwood Sales is a manufacturer and supplier of …
Manufactured Housing Industry Acquisitions Announced Read More
In Allenstown, New Hampshire, officials have formally approved the sale of 166 acres of town-owned land to a Canada-based manufactured home developer, Hynes Group. The company, which already manages the 300 unit Holiday Acres community in town, plans to expand it by an additional 210 units, which will be age-restricted. …
Multi-Acre MH Expansion Approved, Residents Concerned Read More
Fresh off of their announcement regarding the shutdown of their Mansfield, Texas production facility, and the subsequent announcement that Champion Homes will acquire it, Skyline Corp. (NYSE: SKY) announced yesterday that the company has suspended operations at its Elkhart, Indiana plant. According to the South Bend Tribune, Skyline also …
Longtime Texas Manufactured Housing Association (TMHA) member Brian R. Kirby, 62, passed away March 4, 2017 at his home in Heath, Texas surrounded by his family after a courageous battle with cancer. Brian and his wife Deborah began Magnum Home Service in Heath 33 years ago and operate the business …
In the U.K., the ongoing housing crisis has the nation looking for resources. Prefab has emerged as a potentially efficient solution, and one producer is adding a unique twist that helps not only house, but to rehabilitate. According to Construction Manager, six months ago, Manchester-based procurement consortium Procure Plus launched …
Sam Zell is no stranger to success, or “knowing where the money is.” It appears he’s found his next target. According to the Bloomberg Quint, the billionaire real-estate investor and chairman of Equity LifeStyle Properties (ELS) is joining Continental Resources Inc.’s Harold Hamm in the growing list of enthusiasts of …
MHProNews has learned that Skyline Corp. has come to terms to sell its Mansfield, Texas manufactured-housing facility to Champion Home Builders. According to the Star-Telegram, under terms of the deal, Champion would pay a $99,000 deposit and then $2,125,000 upon closing, scheduled to occur on or before April 7, according …
Skyline Makes Announcement Regarding Mansfield Facility Read More
“When the National Association of Realtors chief economist says there are more buyers than existing homes available on the market, that should be a huge signal to manufactured and modular home professionals,” said Stan Posey, sales manager at Sunshine Homes of Red Bay, AL. In a recent report spotlighted by …
New NAR Report Points To Manufactured Housing Opportunities Read More
As we enter the month our theme is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
When it comes to 3D printed homes, companies around the world have been working to perfect the ideal system, including Beijing-based HuaShang Tengda, which printed a two-story villa that checks in at 4,305 square feet and can reportedly withstand a magnitude eight earthquake. But PassivDom, a Ukrainian startup, is looking …
Skyline Corp. (NYSE: SKY) tells MHProNews that Jeff Newport has been promoted to Chief Operating Officer. Newport previously served as Senior Vice President of Operations, joining Skyline in February 2016. “Jeff has already made a significant impact on our operations and his promotion to Chief Operating Officer is well-earned,” said …
Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.” Sadly, a downturn in May 2016, including the shutdown of Keiser Homes, cost at least 120 workers their jobs. The Daily Business News originally covered that story here. But …
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett. …
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share, …
In Japan, the “styrofoam dome” prefab home is all the rage. The Japan Dome House Co, Ltd has come up with the design, which delivers a certain level of chic, and takes up less space than conventional home. Then, there’s the price – the homes start at $30,000. There are …
The January U.S. home sales report is out and shows that sales have reached their highest level in a decade, despite limited supply and rising prices. According to The Real Deal, deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate …
In Palm Beach County, Florida, shipping containers are getting a new lease on life in a very interesting way. The containers are being turned into what Jupiter real estate agent Rick Clegg is calling an “up cycled eco retreat,” a white, two-story house that looks like a rustic steel cabin. …
