News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
Sun Communities (NYSE:SUI) will host an earnings call for the third quarter of this year on Tue., Oct 27, 2015 at 1:00 PM eastern time, according to dakotafinancialnews. For the quarter ending July 30, 2015 the real estate investment trust (REIT) posted earnings of $0.87 earnings per share (EPS), $0.04 …
MHProNews has learned from jpupdates that two historic tenement buildings on New York City’s Lower East side will be demolished and replaced with a modular apartment building. Located at 201 and 203 Broadway, the buildings were home to the United Hebrew Community (UHC) of New York, which was founded in …
In the news from CNNMoney: Oil falls below $44 a barrel, natural gas drops nine percent. United Nations’ World Health Organizaton (WHO) says processed meats cause cancer; meat industry cries “alarmist.” Americans are driving more than ever. Chinese firm buys Texas oil fields for $1.3 billion. Nonprofit New Story says …
Skyline Outperforms other MH Stocks Two Consecutive Days Read More
Canadian Apartment Properties REIT (TSE:CAR.UN) has recently received an “outperform” rating and a C$32 ($24 USD) target price from National Bank Financial. On Aug. 12 RBC Capital gave the company the same rating and target price, as dakotafinancialnews informs MHProNews. All told, three research companies have issued a “hold” rating …
Land Lease Community Owner in Canada gets Strong “buy” Rating Read More
From dezeen, MHProNews has learned New York-based MOS Architects studio has created modular home called the Corridor House, a series of plywood modules each made to resemble a corridor, or hallway, with a courtyard in the middle. On display at the Chicago Architecture Biennial 2015, each module measures five feet …
MHProNews has learned from yahoobiz that manufactured home community (MHC) owner and operator UMH Properties, Inc. (NYSE:UMH) has completed its issuance and sale of 1,801,200 shares of 8.0 percent Series B Cumulative Redeemable Preferred Stock at a sale price of $25.00 per share. These shares are equal to the company’s …
What’s New in public focused Manufactured HomeLivingNews.com Retired Realtor ® and Conventional Housing Pro on Why they Bought a Manufactured Home Comparing Quality to Quality – Conventional On-Site Building vs. Manufactured Homes What’s New in Manufactured Housing Industry Professional News “Duty to Serve” Rule Planned by FHFA, as cost of …
Sunday Morning Recap-Manufactured Housing Industry News Oct. 18-Oct. 25, 2015 Read More
MHProNews has learned from dakotafinancialnews that Richard W. Florea, CEO of Skyline Corp. (NYSE:SKY) purchased 10,000 shares of company stock in a transaction dated Oct. 21, 2015, according to a filing with the Securities and Exchange Commission (SEC). He acquired the stock at an average price of $2.99 per share, …
In August, in Dublin, Ireland, there were 1,275 homeless children among 607 families, up from 1,185 homeless children from 556 families in July, as MHProNews reported Sept. 15, 2015 in a story about housing the homeless. According to irishtimes, the week of Sept. 21 to Sept. 27, 2015 those numbers …
400 Modular Units to be Deployed in Dublin for the Homeless Read More
In the news from CNNMoney: Former Subway spokesman Jared Fogle paying $1 million to victims. Mark Zuckerberg and wife Priscilla Chan opening nonprofit school that will offer healthcare services to all students through 12th grade. Vacation cruise business is cruisin’. Trevi Systems has developed inexpensive desalination method to convert sea …
MHCV Gains 1.62%; Skyline Advances 6.5%; NASDAQ Gains over 100 Points Read More
MHProNews has learned from the Federal Emergency Management Agency (FEMA) that one of the first seven manufactured homes to house survivors of the Butte and Valley wildfires will be available for media members to tour on Friday, Oct. 23 at McClellan Park in McClellan, California. Being installed by the state’s …
The National Association of Realtors (NAR) tells MHProNews that sales of existing homes in September rose 4.7 percent to a seasonally adjusted annual rate (SAAR) of 5.55 million, up from 5.3 million in August, according to thehill, hitting their second highest pace in eight years. Compared to a year ago …
MHProNews has learned from dakotafinancialnews that the executive vice president of Universal Forest Products, Inc., (NASDAQ:UFPI) Robert D. Coleman, sold 2,500 shares of the company stock at an average price of $71.00 per share for a net value of $177,500. The transaction was dated Oct. 16, and Coleman now owns …
Semi-annual Dividend at UFPI Rises, as Insider Sells Shares Read More
A 40-year veteran of the manufactured home industry, serving most recently before his retirement as general manager of Friendship Homes of Montevideo, Minnesota, Dick Lance passed away at age 82 in Fergus Falls, MN Oct. 20. An inductee into the Hall of Fame of the Manufactured and Modular Home Association …
Darryl Searer, chairman and president of the Recreational Vehicle/Manufactured Housing (RV/MH) Hall of Fame in Elkhart, Indiana has announced that a 12-year loan taken out to purchase the David Woodworth antique RV collection has been paid in full— in just 2½ years, saving the Hall $565,000. Searer successfully renegotiated the …
In the news from CNNMoney: Ben Bernanke is no fan of Bernie Sanders, and the feeling is mutual. Manufacturing giant 3M cuts 1,500 jobs. Skechers is winning the sneakers war. 401K contributions will remain at $18,000 for next year. Obama administration interested in helping Puerto Rico with its $72 billion …
Several Manufactured Housing Stocks Rise Three Figures; Dow Gains 320 Points Read More
Recalling a story MHProNews posted Sept. 5, 2014 regarding Mel Watt, then the new FHFA head, who said the “duty to serve” (DTS) rule as it impacts manufactured housing will be “revisited,” now says, “In 2016, we also plan to finalize a Duty to Serve rule, which will encourage Fannie …
Final “Duty to Serve” Rule Planned; Average MHC Site Cost Nearly Doubles in 18 Months Read More
Intense sparring erupted at a meeting between residents of The Grove Manufactured Home Community and the MHC owner, Todd Green, of Hillsboro Properties, over new rules for the community, located in Modesto, California. to take effect May, 2016. Several residents said some of the rules are vague and open the …
Residents React to New rules for Manufactured Home Community Read More
From Redlands, California comes word that manufactured home lender New Horizon Mortgage Concepts has posted record growth in recent years for manufactured home loans, according to pressreleaserocket. Never having experienced this amount of growth, the company’s Q3 2015 is $500,000 over their 2014 year end totals, and expects to hit …
New Horizon Hits Record Levels in Manufactured Home Lending Read More
Catalina manufactured home community (MHC) in Middletown, Ohio, midway between Cincinnati and Dayton, has been acquired by Freehold, NJ-based UMH Properties, Inc., according to baystreet. Emphasizing community, safety, quality, and affordability, Catalina has a pool, playground and safety patrol, as part of UMH’s dedication to making its MHCs friendly and …
