Commercial real estate investment services firm Marcus & Millichap informs MHProNews that Dan Mulkey of M&M’s Tampa office represented the seller and the buyer in the sale of two adjoining manufactured home communities (MHC) in Tampa, Fla. The buyer, a private investor who owns several MHCs in the area, paid …
Marcus & Millichap Arrange Sale of Florida MH Communities Read More
UMH Properties, Inc. is in the final stages of extensively rebuilding the Memphis Blues manufactured home community, including re-engineered flood protection, at the former site of the Memphis Mobile Community (MMC), severely damaged by flooding. The new community is gated, and features a playground and 24-hour on-site management, as MHProNews …
Memphis Blues MHC near Completion by UMH Properties Read More
MHPronews has learned from marketwired that sales for Nobility Homes, Inc.(OTC:NOBH) rose 32 percent in the first quarter of 2016 ending Jan. 30, 2016, while income from operations (IFO) rose an astounding 130 percent over last Jan. Sales hit $7,374,050 Q1 2016 versus $5,576,800 last year; IFO rose from $424,820 …
Nobility Homes Reports Substantial Quarterly Increases in Revenue, Income Read More
A discussion at a meeting of the Preston (Minnesota) City Council centered around the height, placement and definition of “green belt” and “periphery” as it relates to manufactured housing (MH). Tim Johnston owns one of the two MHCs in town, as fillmorecountyjournal informs MHProNews. He planted a green belt several …
City Seeks New Ordinance for Screening Manufactured Home Communities Read More
Ronnie Soffee’s family had owned and operated Rudd’s Trailer Park since it first opened in 1936, but after it sold at auction, Mr. Soffee was reduced to tears to tears as he said goodbye to some of the residents, according to what richmondfreepress in Virginia tells MHProNews. Although assessed by …
MHProNews has learned from finance-commerce that Birmingham, Michigan-based Uniprop, a private, forty-year-old real estate and private equity firm has sold the Ardmore Village manufactured home community (MHC) in Lakeville, Minnesota for $7.6 million to an unnamed Illinois buyer. According to MHVillage, the community, built in 1972, has 339 home sites, …
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ What’s New in Manufactured Housing Industry Professional News New manufactured home community planned Down Under. Legacy Homes assumes building abandoned byRV/MH Hall home builder. Home show features MH. Ordinance to site …
Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016 Read More
MHProNews has learned from hilltopmhc that Chief Operating Officer (COO) of Patrick Industries, Inc. (NASDAD:PATK) Jeff Rodino sold 20,000 shares of company stock, as disclosed in a filing with the Securities and Exchange Commission (SEC). Sold at an average price of $43.94, the transaction was valued at $878,000.00. The COO …
The DOYALSON-Wyee RSL Club intends to develop a 139-site manufactured home community (MHC) on two lots north of the club, including the the site of the current Raw Challenge fitness course, according to what lakesmail.com.au tells MHProNews. The club has filed to rezone the land from RU6 Transition to RE2 Private …
New Manufactured Home Community Planned in Australia Read More
MHProNews has learned from financialnewsnetwork that Russell Frank Co. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) during Q4 2015 by 4.5 percent following its acquisition of 14,228 additional shares. According to a filing with the Securities and Exchange Commission (SEC), the firm now owns 350,055 shares of the …
Russell Frank buys more Shares of Equity LifeStyle Properties Read More
Legacy Homes has taken over production of manufactured homes (MH) in a facility in Eatonton, Georgia that had been occupied by Horton Homes, according to what wmaztv tells MHProNews. Seventy employees have begun working there, and the CEO says they can handle up to 250 to 300 workers on one side, …
Legacy Homes Assumes Production in Facility Abandoned by Horton Homes Read More
Created by Portuguese Architect Samuel Goncalves, his Gomos System modular home can be constructed and installed in three days. Prefabricated concrete modules up to eight feet X 20 feet are connected in a variety of shapes and sizes depending on the buyer’s preference. As us.blastingnews tells MHProNews, the base model …
The Flamingo Mobile Home Park in Santa Barbara, Calif. has been put on the market, sparking fears among the 69 residents of this seniors only manufactured home community that they may have to move, according to what noozhawk tells MHProNews. The community, which was built in the 1950s, was inherited …
Sixty year-old Manufactured Home Community on the Block Read More
MHProNews has learned from hometownlife that RHP Properties has acquired the 289 home site Wayson’s Manufactured Home Community (MHC) in Lothian, Maryland. RHP CEO Ross Partrich said, “RHP Properties is pleased to add Wayson’s Manufactured Home Community to our portfolio of high quality communities,” said Partrich. “This desirable community boasts …
RHP Properties Acquires another Manufactured Home Community Read More
With the cost in San Francisco to build a new home running around $700,000 to $800,000, thereby pricing many middle-income and working class people out of the market, one company has begun building modular apartment buildings. BRIDGE is a non-profit developer, and as such can receive government funding and tax …
Modular Apartment Complex will be Bay Area’s First Read More
Iowa American Water has acquired the water systems in three YES! Communities in Davenport, Iowa, adding 850 customers to its roster, as qconline tells MHProNews. Residents of Five Seasons, Lakewood Estates and Silver Creek manufactured home communities (MHC) have been receiving water from Iowa American but through a re-sale agreement. …
Water Company Acquires Water Systems in Manufactured Home Communities Read More
When Darryl Searer agreed to a one-year commitment to volunteer as president of the RV/MH Heritage Foundation and the RV/MH Hall of Fame (Hall), little did he know his passion for the position would grow to four years—and counting. Little did industry leaders realize the extent to which he would …
RV/MH Leaders Applaud Darryl Searer’s Fourth Year Leading the Hall Read More
Australia’s Gateway Lifestyle Group has acquired six manufactured home communities (MHC) for $49.3 million ($36.975 USD), according to theaustralian.co.au. The communities are located in New South Wales, Queensland and Victoria, adding 1180 home sites to its portfolio—428 occupied sites and 752 sites ripe for development. The acquisition, expected to close …
Expansion Underway for Australian’s MHC owner Gateway Lifestyle Read More
MHProNews has learned the board of directors of Equity LifeStyle Properties (NYSE:ELS) has announced a dividend of $0.425 per common share will be paid on April 8, 2016 to shareholders of record as of March 25, 2016. On an annualized basis this represents a dividend of $1.70 per share. Moreover, …
Updating a story MHProNews last posted Jan. 18, 2016 concerning Urban Splash’ 43 affordable modular homes in New Islington, Manchester, England, all 43 of its hoUSe project have been completed and sold, according to what placenorthwest.co.uk tells MHProNews. Designed by architect shedkm, this is the first phase in Manchester of …
