Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share, …
Sam Zell, a name familiar to the manufactured housing industry, spoke to TheStreet recently at a conference in Boca Raton, Florida, about the “staggering economic opportunity” for the U.S. under President Donald Trump. “Trump’s vow to cut government regulation could lead to one trillion of (economic) stimulus without spending anything, …
In Corpus Christi, Texas, Andy Taubman has once again presented manufactured housing as an affordable solution to an ongoing challenge for the city. Taubman, former chairman of the Streets Committee, believes that using manufactured homes as infill is viable, and has proposed the solution to the city council on two …
Residents of the Driftwood Mobile Home Park in Modesto, California, were issued voluntary evacuation orders on Friday. The community sits along the Tuolumne River, and with another major storm system due to hit the area; officials were not taking any chances. While some of the homes in the community sit …
A scenario for a manufactured home community posed to the court of appeals in Saskatchewan, Canada provided an interesting answer. If you own a manufactured home but rent the land on which it sits, are you legally a renter? According to the court, you are. Per the Regina Leader Post, …
At a recent Ronda, North Carolina Board of Commissioners meeting, guest speakers had a lot to say, dominating the entire first half hour. According to the Elkin Tribune, the issues were around Ronda’s Mobile Home Resolution and Shady Hill Mobile Home Park. David Yelverton and Shannon Neal, potential purchasers of …
In the northern California city of Arcata, the City Council voted last week to approve a draft ordinance on rent control for manufactured home communities. According to the Times-Standard, the draft ordinance is based of Humboldt County‘s Measure V, which was approved by voters in November. The Daily Business News …
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home …
In the town of View Royal, British Columbia, the potential sale of a community, and developer plans, have residents wondering about their next move. According to the Gold Stream Gazette, Eric Gieringer and his family have owned Thetis Lake Campground for the last 41 years. On January 12th, Gieringer sent …
Senator Ted Cruz (R-TX) and Rep. John Ratcliffe (R-TX) put forth legislation on Tuesday to abolish the Consumer Financial Protection Bureau (CFPB). “This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz. The …
In North Attleboro, Massachusetts, residents who were initially concerned over a proposed manufactured home community, have changed their tune now that the developer has abandoned a controversial part of the project. According to The Sun Chronicle, residents were at odds with the developer of Westcott Estates, a manufactured home community …
First State Manufactured Housing Association (FSMHA) tells MHProNews that applications for its four scholarship awards of up to $1,000 are due by 4:30 pm, Monday, March 6th. To qualify, candidates must be legal residents of Delaware and residents of a manufactured home for at least one year prior to the …
The Safe Haven Mobile Home Park in Iberia Parish, Louisiana, has a very interesting history. But, unlike most communities, this one has accomplished that feat without even being built. According to the Daily Iberian, before a permitting battle could begin, the Iberia Parish Council was eyeing its manufactured home community …
Stopped Before They Can Start? MHC Develop Stalled Read More
In a story that we first covered last week, San Antonio Federal Credit Union (SACU)/CU Factory Built Lending (CUFBL)/Mountainside Financial tells MHProNews that they have changed their name to Credit Human Federal Credit Union. The change of name better reflects the credit union’s commitment to improving the lives of those …
In the Mohawk Valley of New York state, an ongoing battle between a manufactured home community and the town it’s in, one side landed what could be a knockout blow. According to the Times Telegram, Bill and Virginia Jaquish, owners of the Creekside Mobile Home Park in German Flatts have …
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home …
In a release to MHProNews, Security Mortgage Group’s Managing Director, Gerard D. DiMarco, Jr. informs the manufactured housing industry’s Daily Business News that the firm has secured 30 million dollars in lending for new and existing clients. As regular readers of the Daily Business News know, Security Mortgage Group is a four-time …
January Manufactured Home Community Loans, 30 Million Dollars by Security Mortgage Group Read More
For the residents of Ba Mar Manufactured Home Community in Stony Point, New York, Superstorm Sandy is still fresh in their minds from the damage it inflicted in 2012. On January 26th, residents packed Stony Point Center to learn about what options would be available to them through the Governor’s …
MHC Residents Hear Proposal for Superstorm Sandy Relief Read More
In Bismarck, North Dakota, affordable housing is of vital importance. And, according to the Bismarck Tribune, a group of manufactured home community owners are petitioning the city commission for the creation of a task force to keep manufactured home community living affordable. “These homes represent the most affordable unsubsidized …
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What the Daily Business News spotlights …
