In the effort to provide shelter for the many displaced after the devastating August flooding in Louisiana, Mississippi-based Lexington Homes is about to step into the limelight, the Clarion-Ledger reports. Lexington Homes, a HUD Code manufactured home builder, was awarded a $6.76 million fixed-price contract from the Federal Emergency Management …
Ventura, California based Anacapa Homes received positive local media coverage by announcing that they are the new area representative for Skyline Homes. The company touted how the addition of Skyline Homes adds to a mix that also includes California and Arizona based producer Redman Homes. Anacapa Homes is owned and …
Manufactured/Modular Home Retailer Grabs Positive Local Media Coverage Read More
The Oregonian and KATU News were among the area media covering the controversy surrounding Cal-Am Properties Heritage Village manufactured home community in Beaverton, OR. Congresswoman Suzanne Bonamici (D-OR1) sounded off on the matter. Some of the media there did not promptly report that Cal-Am President Cory Sukert responded to Bonamici’s letter …
Two sides of Protest, Controversy at Cal-Am’s Heritage Village, Beaverton, Oregon Read More
Noteworthy headlines on CNNMoney: Massive crackdown on global mail fraud empire. Warren wants Wells Fargo firings investigated. Tesla files suit to open store in Michigan. Some bullets from MarketWatch – Yahoo hacked, 500M users information exposed. U.S. existing home sales stumble in August. Nasdaq hits record high. Gold up 3 …
Patrick and Drew Up, Record High-NASDAQ, Dow Climb Continues Read More
Universal Forest Products, Inc. (UFPI) was recently listed as one of four homebuilder stocks to buy, according to Zacks Equity Research. This month, the National Association of Home Builders and Wells Fargo said the builder sentiment increased to 65 from a reported 59 in August. September’s 65 sentiment rating is …
Trent Williams loves UFPI – Zacks says Hold on! – plus Insider Trades… Read More
Noteworthy headlines on CNNMoney: Janet Yellen fires back at Donald Trump – the Fed is not political! Does Warren Buffet have a new favorite bank? No rate hike from the Fed, dials back forecast. Star investor charged with insider trading. Some bullets from MarketWatch – Apple reportedly in talks to …
Big Day for UFPI, ELS – MHCV rises; No Fed Rate Hike, Dow Jumps too Read More
According to the Daily Quint, analysts at Scotiabank has increased the price target for Killam Properties Inc. (TSE:KMP.UN) from C$13.00 to C$13.25 in a research note issued on Friday. The firm currently has a “Sector Perform” rating on the stock. In addition to Scotiabank, other research firms have commented on …
Scotiabank ups Killam Properties Price Target to C$13.25 Read More
MarketWatch’s bullets for today include: Stocks end flat ahead of Fed, BOJ decisions. Sen. Warren calls Wells Fargo CEO Stumpf ‘gutless’ for not resigning over scandal. George H.W. Bush will vote for Hillary Clinton, says report. CNNMoney’s bullet headlines for today include: Bubble or bargain? Tech stocks surge like late …
Cavco and Third Ave and US Markets Rise, but MHCV falls Read More
Following the lead reported in the Daily Business News of several large investors – including a huge international move in the MHC sector – Shinko Asset Management Co. Ltd. increased its position in Sun Communities Inc. (NYSE:SUI) by 14,305.3% during the second quarter, according to Shinko’s most recent 13F filing with …
Another International Company Buying into U.S. Manufactured Home Communities Read More
MarketWatch’s bullets and headlines for today include: More gas-price spikes on tap for southeastern states with pipeline shut. Central banks are buying lots of gold, so what do they know? A surprise Fed interest-rate hike this week can’t be ruled out. By this measure, China’s banking sector could implode within …
Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers Read More
Elkhart, IN based Patrick Industries (NASDAQ: PATK), a provider, supplier and producer for manufactured housing, RVs and other industries, received the 2016 Indiana Public Company of the Year award at a banquet at the INVSESTIndiana Equity Conference in Indianapolis. Companies that were nominated were evaluated on their assets, revenue growth, …
CFO Josh Boone accepts award for Patrick Industries Read More
The broader factory-built home industry of the present and future are definitely not the mobile home industry of pre-June 15, 1976. For the progress that’s been made, the factory-built home industry is still facing perception and narrative challenges with the public and the media. When combined with the rising …
What Does the Future Hold for Hybrid Prefab Homes? Read More
UMH Properties Inc. (NYSE:UMH) announced the grand opening of the Woods Edge Sales Center, located near the back entrance of their manufactured home community in West Lafayette, Indiana. Woods Edge was acquired by UMH Properties in October of 2015, and the grand opening will be on Oct 1, 2016, per …
UMH Properties Upscale MHC Clubhouse, Centerpiece for Upcoming Sales Center Grand Opening Read More
MarketWatch bullets for the day include: Sensitive data again leaked out of the Fed early. Hello self-driving cars, goodbye 4.1 million jobs? Apple’s stock lead with their strong iPhone 7 release. And MarketWatch likes Clinton’s plan less than Trump’s. Oil was down, while gold rose a smidge. At the closing …
Manufactured Housing Composite Value rises, as do all 3 major indexes Read More
Ocala, Florida based Nobility Homes, Inc. (OTCQX: NOBH) announced key results and financial highlights for their 3rd fiscal quarter, which ended on July 30, 2016. “The demand for affordable manufactured housing in Florida and the U.S. is improving,” said Terry Trexler, president of Nobility, per MarketWired. “According to the Florida …
Manufactured Home Builder Nobility Homes Announces Sales, Earnings for Q3 2016 Read More
Some noteworthy headlines on CNNMoney: U.S. opens investigation into Wells Fargo scandal. Lucky number 7! Apple’s stock is soaring. Ford moving all small car production to Mexico. Some bullets from MarketWatch – Why Wells Fargo isn’t likely to claw back compensation from top executive. Feds reportedly investigating Wells Fargo’s sales …
Patrick Rebounds, Carlyle, and MHCV does too – broader markets mixed Read More
Analysts at Citigroup in a research report released to investors upgraded Sun Communities, Inc. (NYSE: SUI) from “neutral” to “buy” on Monday with a target price of $86.00 on the real estate investment trust’s (REIT) stock. This news comes on the heels of other reports from TheStreet – cut from …
Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI) Read More
CNNMoney says – Waiting for the Fed: Market volatility is back from summer break. MarketWatch’s bullets include – Wall Street’s ‘fear gauge’ shows that it may get ugly in the stock market. Stocks sell off as retreating oil, Fed worries dog market. They note too that GOP nominee Donald Trump …
Killam and Deer Valley hold; Broader Markets, MHCV and other Track Stocks Tumble Read More
MarketWatch spotlighted the following today: More pain may be in store for the S&P 500 in 2016, says Goldman. CEOs of biggest U.S. firms less optimistic about economy. It’s business as usual at Wells Fargo after record fine. Trump says Yellen keeps interest rates low because of White House pressure. …
AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound Read More
Venator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily. Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to …
Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch Read More
