Riverstone Communities has acquired Medley Mobile Home Park, a 202-home site manufactured housing community (MHC) in northwest Miami-Dade County, sold by Andrew Ginsburg’s 7200 Corp. According to bizjournals.com, while the Dade County Appraiser assessed the property for $3.8 million, the $12 million price paid represents $59,405 per each site. MHProNews …
Drew Industries, Inc. (DW) has announced that its wholly-owned subsidiary, Lippert Components, Inc. (LCI), has acquired the recreational vehicle (RV) business of Actuant Corporation for $33.5 million, according to marketwatch.com. The manufacturer of leveling systems, slideout mechanisms and steps primarily for the RV business under the Power Gear® and Kwikee® …
Updating a story MHProNews posted June 12, 2014 regarding theft charges against Wyoming Homes owner David Valenti of Moosic, Pennsylvania, citizensvoice.com reports he is also entangled in a dispute over property he leased and then allegedly refused to vacate after it was sold in April, 2013, leaving behind a manufactured …
With an lack of affordable housing availability that housing officials say borders on a crisis, Gary Knight of Bend, Oregon wants to develop ten acres into a manufactured housing community (MHC) if the Deschutes County Planning Commission will change the development code and allow for rezoning. The owner of Juniper …
For the second quarter ending May 3, 2014, Nobility Homes (NOBH) reports sales increased 94 percent over the same period last year, $7,416,086 versus $3,813,619 Q2 2013. Net income after taxes was $284,900, compared to a loss of $47,021 last year. According to marketwatch.com, diluted earnings per share rose from …
Having built modular housing since 1947, Atco Structures and Logistics is upping the ante for its workforce housing as companies battle for skilled labor in an increasingly competitive market, according to calgarysun.com. With new models featuring large bedrooms with double beds, full showers, sound-dampening walls and walk-in closets, Jason Kialeu …
The manager of nine manufactured housing communities (MHCs) across Michigan, HomeFirst™ is giving away a manufactured home to a returning military veteran or family. The essay-based contest winner will receive a new residence in either Riverbrook (New Haven) or Springrove (Springfield Township), according to ourmidland.com, and will only be responsible …
Free Manufactured Home offered to Military Veterans Read More
The city council of Weyburn, Saskatchewan, Canada is asking for public input on a proposal to replace four homes with a modular apartment complex containing 60 units in the downtown area. Council gave first reading on a bylaw amendment to change the zoning from R2 residential semi-detached to CBD-C, which …
Sixty Unit Modular Apartments Planned for Canadian City Read More
After a long and storied career in the manufactured housing industry spanning 45 years, 29 of them with what is now American Homestar Corp., MHProNews has learned Ronnie Richards is retiring, as he transitions into a family-owned business, Butler’s Courtyard, a popular event venue in Houston. Ronnie joined Homestar (then …
Ronnie Richards Retiring from Manufactured Housing Industry Read More
MHProNews.com has been informed that private equity real estate investment firm Green Courte Partners, LLC has acquired Mountain View Estates, a 170-homesite age-restricted manufactured housing community (MHC) in Mesa, Arizona. Green Courte’s William Glascott says, “With this acquisition, our portfolio of age-restricted land-lease communities within the greater Phoenix market includes …
Green Courte Acquires Land Lease Community in Arizona Read More
As the Clayton-Bradley Academy celebrated its first year, faculty, staff, students and their parents gathered on the last day of school for a picnic and games, and donated items for a time capsule placed in a hallway wall, set to be opened when the school has its 25th anniversary in …
School funded by Clayton Homes Celebrates First Year Read More
Real estate developer Ian Cassels of New Zealand intends to build 2,000 two-bedroom modular apartment units for Wellington measuring about 225 square feet each. As director of The Wellington Company, Cassels has already signed a contract to develop land owned by the Port Nicholson Block Settlement Trust, where a prototype …
Elkhart, Indiana-based Patrick Industries, Inc. (PATK) has acquired Precision Painting Group which offers interior and exterior painting for recreational vehicles (RVs), and includes TDM Transport, Inc., which services in-house customers. Although no purchase price was published, Precision expects annual revenues this year of $28 million, according to rvbusiness.com. Patrick is …
Nigerian immigrant Emeka Onwugbenu (pronounced “eh-Meh-ka on-woo-Bay-nu”) arrived in Pittsburgh in 2002, and after graduating from Penn State with a degree in engineering and Carnegie Mellon University with an MBA, has become one of the most innovative developers in town in just four years. The American Institute of Architects (AIA) …
Modular Development Garners Design Award for Nigerian Immigrant Read More
Following a story MHProNews published June 4, 2014 regarding the Lincoln (North Dakota) Planning Commission’s denial of a request to develop a 200 site manufactured housing community (MHC), the city council voted 2-0 to to approve rezoning for the project. Dave Patience, a civil engineer who presented the plan on …
City Council Defies Planning Commission, Approves Zoning for 200 Site MHC Read More
Ritz-Craft Homes of North Carolina is celebrating its 750th home built since it began production at its Hamlet, North Carolina facility in 2005. According to yourdailyjournal.com, most of the modular homes go to coastal and mountain markets, with only eight to 12 remaining in Richmond County. Dale Dixon of Ritz-Craft …
Bruce Ratner, executive chairman, and Maryanne Gilmartin, President and CEO, Forest City Ratner Companies (FCRC), are being honored for their longstanding commitment to New York City in recognition of their efforts to promote world-class design, architectural innovation and public art. As MHProNews has reported previously, FCRC is behind the 34-story …
Developers of Large NYC Modular Apartment Complex to be Honored Read More
Once involved in the tea business that his grandfather and namesake founded in 1894, these days 78 year-old John Murchie is on a quest to develop a modular home that he hopes will solve the housing shortage in underdeveloped countries. His grandfather developed Murchie’s Tea & Coffee company in Canada, …
The Lincoln, North Dakota Planning and Zoning Commission has denied a request by Van Zeilstra of VCZ to develop a 200 home site manufactured housing community on the west side of town, according to bismarcktribune.com. Residents raised concerns about the added traffic, flooding and values of current nearby homes. MHProNews …
North Dakota Planning Commission Refuses to Rule on Proposed MHC Read More
In an ongoing effort to relocate victims of Hurricane Sandy along the New Jersey coast, a new low-cost modular home program for residents who cannot afford to rebuild has been announced by the Eatontown-based Affordable Housing Alliance. Eligible for federal funding, gmnews.com reports the Bayshore Bungalows would range from 700 …
