Real estate investment services firm Marcus & Millichap (M&M), which closed over 6,600 transactions in 2013 with a value of approximately $24 billion, has announced the launch of its new website with quicker access to over $8 billion in listings, better direct connection to 1,300 agents and more information and …
Firm that Sells Land Lease Communities Updates Website Read More
A lawsuit filed by Southfield, Michigan-based Sun Communities, Inc. (SUI) against the owner of a manufactured home in Southwood Village Mobile Home Park alleging the owner did not give Sun an opportunity to match an offer or be the highest bidder has been dismissed. While both sides are barred from …
Sun Communities’ Lawsuit against Resident Dismissed Read More
Elkhart, Indiana-based Drew Industries, Inc. will release its first-quarter 2014 financial results before the market opens on Thursday, May 1, 2014. As marketwatch.com reports, the company will host a conference call later that morning at 11 AM eastern standard time to discuss the results and other business matters. Participation will …
The Lake Wales, Florida Police Department has taken Melissa Platt Ginther into custody for allegedly embezzling over $250,000 from Central Florida Manufactured Home Sales. Business owner Pam Thompson contacted authorities who discovered during the course of an investigation that Ginther was said to have falsified documents from 2010 to 2013 …
Updating a story MHProNews.com posted April 15, 2014 regarding a California court’s $15.3 million compensatory verdict against Equity LifeStyle Properties (ELS) brought by residents of California Hawaiian manufactured home community in San Jose, the same jury has awarded the plaintiffs $95.8 million in punitive damages. As regards the damage awards, …
Equity LifeStyle Properties Hit with Additional $95.8 Million Damages Read More
Patrick Industries, Inc., component supplier to the manufactured housing and recreational vehicle industries, will release its first quarter financials on Thursday, April 24, before the market opens. A conference call will be held later that morning at 10 AM, EDT to discuss the results, led by president and CEO Todd …
Patrick Industries to Release Q1 Financial Results Read More
A jury in Santa Clara County, California entered a verdict against real estate investment trust (REIT) Equity LifeStyle Properties, Inc. (ELS) for $15.3 million in favor of current or former residents of the California Hawaiian manufactured home community (MHC) located in San Jose, California. Plaintiffs alleged ELS did not maintain …
Southfield, Michigan-based Sun Communities, Inc. reports it will release its Q1 2014 financials April 30, prior to the opening of the market, followed by a conference call later that same morning at 11:00 AM eastern standard time to discuss the results, according to marketwatch.com. To participate call toll free 800 …
MHProNews.com has learned the sales rate at LeeCorp’s Country Lakes manufactured home subdivision in Florida has hit 78 percent, as 25 of the 32 homesites have been sold. Country Lakes is a 55 and older community with lots averaging 77 by 162 feet, and priced from $27,900 to $37,900 per …
Manufactured Home Lots Selling in Fort Myers, Florida Read More
The Silver City (New Mexico) City Council approved #SD 14-01 request to plat a new manufactured housing community in town, according to grantcountybeat.com. The developer and his wife are longtime residents of Silver City and are investing their life savings in the project to provide safe, affordable housing for working …
New Mexico City Approves new Manufactured Housing Community Read More
Manufactured housing component supplier Drew Industries, Inc. through it wholly-owned subsidiary Lippert Components, Inc. has entered into a six-year aluminum extrusion agreement with Atrium Windows & Doors of Dallas. Drew’s president, Scott Mereness, says the deal means Drew will be able to acquire its extruded aluminum products at a competitive …
According to mideasttime.com, analysts at Wunderlich assumed coverage on real estate investment trust (REIT) UMH Properties, Inc., issuing a “hold rating” and a $10.00 price target on the stock. That target would indicate an increase of 1.21 percent over the previous close. The stock opened at $9.87 on Thurs., April …
The Anderson, Indiana City Council will consider a voluntary request for annexation from PAC Development LLC, which has agreed to extend water and sewer lines to the 66-acre parcel at its own expense. According to heraldbulletin.com, five acres of the land have been sold with an option to buy additional …
Rumors Quelled about Manufactured Housing Community Read More
Killam Properties, Inc. (TSX:KMP) of Halifax, Nova Scotia, Canada will release its financials for the first quarter ending March 31, 2014 on Tuesday, May 6, 2014 after the market closes. A conference call to discuss the results will be held on Wednesday, May 7, at 9 AM EST. A live …
Triumph Modular of Littleton, Massachusetts received five Awards of Distinction from the Modular Building Institute at the World of Modular in San Antonio, Texas. Offering competition in over 30 categories for MBI members, the contest is the industry’s premier awards program. Triumph’s winners in the Permanent Modular Education category are …
The one-hour reality competition series “American Dream Builders” will include Cavco Homes, Inc., (NASDAQ:CVCO) and Palm Harbor Homes in an upcoming episode to air on Sunday, April 13, on NBC. Hosted by renowned designer Nate Berkus, Cavco built modular homes they call Eco Cottages for one competition episode of the …
Cavco Homes to have Modular Home on TV Design Competition Read More
Updating a post MHProNews published April 4, 2014 regarding Aetrium Inc.’s acquisition of modular builder KBS Building Systems of Maine, the shares of Aetrium skyrocketed 42 percent the day after the acquisition was announced. The firm has been constructing machines that handle and test computer chips since 1982, according to …
Updating a post MHProNews.com published April 1, 2014 about a three-unit modular housing development in Ridgefield, Connecticut hitting another roadblock after 18 months of debate, planning and zoning (P&Z) finally approved the proposal by Ridgefield Modular Home Corp. As theridgefieldpress.com reports, P&Z agreed to a single building with three three-bedroom …
Modular Apartments finally Approved in Ridgefield, Connecticut Read More
Harking back to a story we last posted Jan. 21, 2014 regarding the attempted redevelopment of a manufactured housing community (MHC) in St Helena, California, the Napa Valley Planning Commission endorsed changing an ordinance, clearing one more hurdle for the Vineland Vista Mobile Park. Currently unoccupied, as napavalleyregister.com informs MHProNews.com, …
Planned Manufactured Housing Community One Step Closer Read More
Grand Rapids, Michigan-based Statistical Surveys provides clients with up-to-date insights on buyer behavior through a comprehensive suite of market data products and services. As a supplier of market intelligence to the manufactured housing and recreational vehicle industries, and others, this company has named Florida’s LeeCorp Homes the No. 1 dealer …
LeeCorp of Florida named N. 1 Manufactured Housing Dealer in Florida Read More
