Informed sources tell MHProNews that Clayton Homes (CMH) has closed on a manufacturing facility in Athens, TX. According to the source, the production is scheduled to begin in the fall of 2016. Athens Venture Capital, LLC was the seller to CMH. The move signals the continued recovery of manufactured housing, …
In a letter from “Voice of the People” in theledger, MHProNews and MHLivingNews Publisher L. A. “Tony” Kovach appeals to his Florida neighbors to contact their congresspersons, and encourage them to attach a rider to a must-pass appropriations bill that will expand financing options for MH buyers/sellers. But he can …
Kovach asks Community to Contact Congress in Support of S 682 Read More
MHProNews has learned from washingtontimes that the owners of the Arbor Americana Manufactured Housing Community of Flat Rock, Michigan have settled a lawsuit over sewage overflows brought by the Michigan Department of Environmental Quality. The state alleges the MHC owners, in neglecting to repair the wastewater system, exposed residents of …
Edsart Bedsier, a native of Holland but now a 22-year resident of Costa Rica, has built houses around trees, and his Crystal House is made from recycled glass bottles, according to ticotimes. His next project, as MHProNews has learned from Jim Maher, is to convert unused shipping containers, many of …
Modular Container Homes in Costa Rica will be Off the Grid Read More
MHProNews has learned from wtop1h, although no movies based upon “The Hobbit” or “Lord of the Rings” trilogy are in the works for the holiday season, Florida’s Green Magic Homes has developed “hobbit holes,” designed to be part of the landscape like the homes from the mythical Shire in “Lord …
Kingsley management, which had undercharged hundreds of residents for rent and water at three manufactured home communities (MHC) in three Colorado cities, initially offered payment options, but then threatened eviction, according to thedenverchannel. The company’s lawyer had told the residents in the Front Range MHC not to pay the back …
MHC Management Sets Payment Plan for Miscalculated Charges Read More
Following the continuing story of Jeffrey L. Et Al Gendell’s dumping of Patrick Industries’ stock since Nov. 2014, dakotafinancialnews reports he sold another 57,399 shares of Patrick on Fri., Dec. 4 at an average price of $42.49 for a net transaction of $2,438,883.51, as disclosed in a legal filing with …
Jeffrey L. Gendell Continues Unloading Patrick Stock Read More
Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame …
Following a story MHProNews last posted March 14, 2015 about a couple in Lewis Center, Ohio whose manufactured home was sliding into a creek next to their home, after numerous inspections and visits from commissioners, the state helped fix the situation, according to wbns10tv. The fix involved installing a retaining …
The sell off of Drew Industries, Inc. stock by principals of the company continues as Chief Financial Officer (CFO) Joseph S. Giordano III sold 8,000 shares of the company at an average price of $61.00 for a net transaction of $488,000.00, dated Fri., Nov. 27, according to midsouthnewz. He now …
What’s New in public focused Manufactured HomeLivingNews.com Personalizing Your Custom Home – at Half the Cost Sneak a Peek! What Millions Knows – Hiding in Plain Sight – The Home of the Future What’s New in Manufactured Housing Industry Professional News HUD Code Home Production Continues Ascending. Multiple Insider Trades …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015 Read More
As MHProNews reported Nov. 26, 2015, Drew Industries, Inc.’s Chief Administrative Officer Jamie Schnur sold 1,626 shares of Drew stock at $59.41 per share for a transaction valued at $96,600.66. On Nov. 16, 2015 he sold 1,720 shares of company stock for $100,620.00. He continues to be involved in insider …
MHProNews has received word from Capital One that it has arranged an $11 million Fannie Mae fixed-rate loan to refinance Old Plantation manufactured home community (MHC) in Riverside, California. Damon Reed, Senior Vice President and Capital One Multifamily’s Director of MHC Finance, originated the transaction for the 223, all-age home …
$11M Fannie Mae MHC Loan comes through Capital One Read More
MHProNews has learned from abladvisor that Damon Reed, Senior Vice President and Capital One’s Director of MHC Finance, arranged a $7.7 million refinance Fannie Mae loan for Casa de Flores manufactured home community (MHC) in Chico, California. The owner intends to retire higher-rate interest debt and make improvements to the …
Capital One Arranges $7.7M Loan for Manufactured Home Community Read More
Disclosed to the Securities and Exchange Commission on Dec. 1. 2015, Drew Industries, Inc.’s Chief Operations Officer Todd W. Driver sold 5,040 shares of Drew (NYSE:DW) on Nov. 27, 2015, according to americantradejournal. The shares were sold at $60.24 per share for a net transaction of $303,609.59. As MHProNews reported …
Drew Industries Experiences Onslaught of Insider Trading Read More
As financialmagazin reports, Drew Industries, Inc. (NYSE:DW) director David Reed sold 10,300 shares of company stock at an estimated $60.9 per share, yielding $627,270. Furthermore, within the last 30 days he sold an additional 1,200 shares valued at $73,368. Currently, Reed now owns 34,130 shares of Drew stock, approximating 0.14 …
MHProNews has learned from analystratings the CEO and president of Cavco Industries, Inc., Joseph Stegmayer, sold shares of the company for $1.86 million. The stock climbed 48.7 percent after Stegmayer’s last sell transaction on May 21, 2012. As MHProNews reported Oct. 30, 2015 on our daily stock report, Cavco’s stock …
At its annual conference, the Michigan Manufactured Housing Association (MMHA) bestowed honors on several members for their achievements in best promoting the factory-built industry to their clients, as marketwired informs MHProNews. For best community entrance, Sun Communities’ Camelot Villa in Macomb, MI recently upgraded their roads and playground. In the …
Newborn into the MH Industry is Thomas Brandon Dobbs. “Tommy” was born in Corinth, MS, 8lbs 15 oz., on 11/11/15. Proud parents are Gary and Melanie Dobbs. Gary is in sales at Sunshine Homes, Red Bay, AL, covering Tennessee and Alabama. The happy grandparents are John and Pam Bostick, Lee …
MHProNews has learned from portstephensexaminer that Gateway Lifestyles, already one of Australia’s largest manufactured home community owners, has acquired two of Port Stephens’ largest residential communities. Seawinds has over 110 homesites, and amenities include a pool, ping pong room, tennis court and snooker table, as well as a community room. …
Aussie Manufactured Home Community adds to Portfolio Read More
