Company News

Eight Modular Homes for Low-income Families Rising in Illinois

Decatur Pilot, a nonprofit subsidiary of the Decatur (Illinois) Housing Authority, is developing eight modular homes at a cost of $2 million near the Oakwood business district which will revitalize that neighborhood. It will also provide low income housing for families who qualify, those earning $35,000 to $75,000 annually, according …

Eight Modular Homes for Low-income Families Rising in Illinois Read More

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Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow

The Dow Jones Industrials and the Nasdaq logged record closes. Various stocks closed at record heights, which MarketWatch tells the Daily Business News was triggered by a rise in oil prices. The extended gains of U.S. stocks also saw parallels in the rise in Treasury yields, and many MH stocks …

Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow Read More

Manufactured Home Community Owner YES! Redistributes Assets

YES! Communities, one of the largest owners of manufactured home communities in the nation with 178 communities in 17 states containing over 44,600 residential home sites, has announced it has sold 71 percent equity interest in its combined businesses to two global institutional investors, according to prnewswire. One of them …

Manufactured Home Community Owner YES! Redistributes Assets Read More

Sunday Morning Recap-Manufactured Housing Industry News Aug 7-Aug.14, 2016

What’s New in public focused Manufactured HomeLivingNews.com Comparing Tiny Houses vs Manufactured Homes – Function and Value vs. Fashion What’s New in Manufactured Housing Industry Professional News Children of home owners more likely to own homes. Trump tells NAHB he identifies with them. Residents of closing community continue trying to …

Sunday Morning Recap-Manufactured Housing Industry News Aug 7-Aug.14, 2016 Read More

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Manufactured Home Community Tangled in Legal Issues, Resident AG Complaints

The manufactured home community in Robinson Township, Pennsylvania remains in legal limbo between its owners and the final residents remaining on the property, which is moving towards closure. Channel 11 News shared its investigation of Twin Circle Mobile Home Park with MHProNews, where only a handful of residents remain.  Residents state that …

Manufactured Home Community Tangled in Legal Issues, Resident AG Complaints Read More

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Cavco continues to lead as Manufactured Housing Composite Value (MHCV) best the broader markets, posting gain

MarketWatch informed MHProNews that the Dow industrials hit an intraday record of 18,638.14. U.S. stocks post modest weekly gains, while Nasdaq hits record. Jump in oil prices causes U.S. stocks to climb to all time highs – assisted by lower jobless claim figures.  The Dow and S&P 500 closed the …

Cavco continues to lead as Manufactured Housing Composite Value (MHCV) best the broader markets, posting gain Read More

Developers Pare Down Size of New MH Community; Neighbors Still Unsure

Updating an MHProNews post from July 15, 2016, regarding the development of a new manufactured home community (MHC) in Calcasieu County, Louisiana, neighbors gathered Thurs. night, Aug. 11 who are opposed to the project. The Calcasieu Parish Police Jury Planning and Zoning Committee meeting Tue., Aug. 16 will discuss changing …

Developers Pare Down Size of New MH Community; Neighbors Still Unsure Read More

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Cavco Industries biggest gainer as Manufactured Housing CV climbs

All three major stock indexes close at records for first time since 1999, as MarketWatch revealed to MHProNews. Treasury yields jump the most in a week, as stocks hit new records. HSBC advises investors to look where companies make their revenue. Reports reveals that certain REIT stocks are suffering from fear …

Cavco Industries biggest gainer as Manufactured Housing CV climbs Read More

Florida’s Heartland Estates changes Hands

MHProNews has learned that MHRE Manufactured Housing Group arranged the sale of 278-home site Heartland Estates manufactured home community (MHC) in Haines City, Fla. to Murex Properties of Fort Lauderdale, a nationwide owner and manager of MHCs. The 55+restricted community boasts a 5,000 sq ft clubhouse with a veranda overlooking the …

Florida’s Heartland Estates changes Hands Read More

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Cavco Industries, Second Largest Producer of Manufactured and Modular Homes, Reports Quarterly Results

Phoenix, Arizona based Cavco Industries, Inc. (NASDAQ:CVCO) released key figures and financial highlights for the first fiscal quarter, which ended July 2, 2016. Cavco management followed their August 09, 2016 release of SEC reported filings with a conference call to discuss the results in further detail.  Key points released by …

Cavco Industries, Second Largest Producer of Manufactured and Modular Homes, Reports Quarterly Results Read More

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RV/MH Hall of Fame Releases Expansion Plans for Northern Indiana Event Center

The Elkhart, IN based RV/MH Hall of Fame has released more details this week about their plans for their Northern Indiana Event Center, Inside Indiana Business tells MHProNews. RV/MH Hall of Fame staff projects they will triple the available space, to take advantage of the lucrative event-planning market. Darryl Searer, …

RV/MH Hall of Fame Releases Expansion Plans for Northern Indiana Event Center Read More

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Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips

Stocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile …

Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips Read More

Modular Apartment Building Rises in Three Day Weekend

A new modular apartment building has risen at the corner of Washington and 12th St. in Philadelphia, as philly.curbed informs MHProNews, assembled in one three-day weekend. The luxury apartment building that replaced the old heating and air conditioning store is five stories tall and will have a combination of 50 …

Modular Apartment Building Rises in Three Day Weekend Read More

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UMH leads gainers, Skyline slips as MHCV trails the broader markets

MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end …

UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More

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Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide

MarketWatch  informs MHProNews  that the Fed’s job-market index has the first gain of year in July. Consumer spending and income expectations rise. Wal-Mart announces $3.3 billion acquisition of Jet.com. Dow tripped downward, as did the S&P 500 and the NASDAQ. The Dow Jones Industrial Average receded -0.08 percent with a loss of -14.24 …

Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide Read More

Maine Manufactured Home Community Plans to Expand

Connecticut Property Management LLC has applied with the Belfast, Maine Planning Board to expand the Penobscot Mobile Home Park in Belfast by adding 34 home sites to the existing 21, according to waldo.villagesoup. The city ordinance requires new lots to be a minimum of 6,500 sq ft with at least …

Maine Manufactured Home Community Plans to Expand Read More

Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016

What’s New in public focused Manufactured HomeLivingNews.com Loans – Financing – Mortgages for Manufactured, Modular and Mobile Homes What’s New in Manufactured Housing Industry Professional News Sale of Minn. MHC challenged by Attorney General. Section 8 vouchers can now but MH. Hall of Fame inducts Class of 2016. NC MH …

Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016 Read More

Modular Container Homes Rising in Edmonton, Alberta

Changes to Edmonton, Alberta, Canada’s by-laws have led to a mini-boom in modular container homes, called laneway housing locally, small homes added to property that may already contain a regular size family home. Honomobo co-founder Daniel Engelman, who has teamed up with Devon Siebenga, president of BigSteelBox Structures in Kelowna, …

Modular Container Homes Rising in Edmonton, Alberta Read More

Minn. Attorney General Files Brief to Halt Sale of Community to Developer

Updating a story MHProNews last posted July 5, 2016 regarding attempts by residents of the Lowry Grove manufactured home community (MHC) in north Minneapolis to forestall the sale of their community because the owner did not offer them first right of refusal before selling it to a developer, the Minnesota …

Minn. Attorney General Files Brief to Halt Sale of Community to Developer Read More

Redevelopment of MH Community in North Carolina Approved

The Hendersonville (North Carolina) City Council approved a special use permit and four variances to redevelop the Whiteside’s Green Acre Mobile Home Park into the Claystone Manufactured Home Park, an age-restricted 55 and older community with 31 home sites, front porches and carports. Whiteside currently has 31 sites but only …

Redevelopment of MH Community in North Carolina Approved Read More

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