Duck Dynasty star of the Arts & Entertainment (A&E) hit reality show, Willie Robertson, will become the voice of Clayton Homes, as MHProNews has learned. Part of the company’s “Enjoy Life” campaign, CEO Kevin Clayton says, “Our company has a tradition of hard work and homegrown values. Willie Robertson is …
Willie Robertson: Duck Call Star will be Voice of Clayton Homes Read More
Regarding Freddie Mac’s decision to begin purchasing and securitizing manufactured housing community (MHC) loans as MHProNews.com posted here May 1, 2014, costar.com reports these will be commercial loans made to the community owners. David Brickman, Freddie Mac Multifamily executive vice president, said, “Manufactured housing communities are an affordable housing option …
The Texas Manufactured Housing Association (TMHA) informs MHProNews.com that new and used manufactured home title changes rose +21.57 percent Feb. over Jan. this year, increased +1.19 percent over Feb. 2013, and the year-to-date percentage change from the same time last year rose +0.31 percent. For new titles the change from …
Texas Manufactured Housing Title Changes Reported for January to February Read More
A veteran of the manufactured housing industry for over 40 years, Gary Abbate has passed away, according to Ken Anderson of the Arizona Housing Association (AHA). After joining the Redman Homes sales team in 1970 in Texas, he served as sales manager for Redman first in Florida from 1987-1996, and …
A boil water advisory was issued by Capital Region Water, Tue., May 13, for a portion of Susquehanna Township that includes the Progress Ridge Manufactured Housing Community in Harrisburg, Pennsylvania. A contractor struck a water line, according to pennlive.com. Thurs., May 15 MHProNews.com learned the ban has been lifted after …
Boil Water Advisory Lifted in Manufactured Housing Community Read More
An industry leader and pioneering producer of manufactured homes since 1965, James L. Newman, Sr. of Bryan, Ohio passed away after a brief illness May 13 at age 75. He founded Manufactured Housing Enterprises (now MHE,Inc.) in 1965 with the motto of ‘Building Dreams One Home At A Time’ and …
The founder of Republic Mobile Homes in Texas in the late 1960’s, Ralph Nattrass passed away at age 88 in Edmonton, Alberta, Canada April 30. An owner of communities, subdivisions and part owner of Republic-Henslee Manufacturing, he teamed with Frank and Marina Woody to start the current Republic group in …
The Board of Trustees of Garden City Community College in Garden City, Kansas voted unanimously to install nine modular student housing units on property adjacent to campus to accommodate incoming students, according to gctelegram.com. Eight of the modular units will each house eight students, and the ninth will be for …
Manufactured housing community (MHC) owner Hometown America of Chicago has acquired age-restricted Saddlebrook Farms MHC in Grayslake, Illinois, an hour from the corporate office. The 700-acre community features nature preserves, wooded areas and over 100 acres of lakes stocked with fish, and the new owners intend to install a state-of-the-art …
Hometown America adds Saddlebrook Farms to Portfolio Read More
The Anson County Board of Commissioners in North Carolina has unanimously approved a conditional use permit to allow Davis Family Homes to locate a manufactured and modular home sales center in Peachland, in south central NC. Currently zoned R-20 residential, the variance will allow a change to HI, heavy industrial, …
Property Rezoned for Manufactured, Modular Home Sales Read More
Responding to an article in the Clarion-Ledger newspaper in Jackson, Mississippi in which Mississippi Insurance Commissioner Mike Chaney says, “manufactured homes…are not built to any code,” Manufactured Housing Association for Regulatory Reform’s (MHARR) Danny Ghorbani strongly disputes that claim. He says, “Manufactured homes that are designed and built to be …
Ghorbani Responds to Erroneous News Article about Manufactured Housing Read More
MHProNews.com has learned Newcastle Investment Corp. (NYSE:NCT) completed the sale of its manufactured housing portfolio that had a face amount of $222 million and was sold at 104 percent of par, $231 million. Part of the proceeds will go towards $152 million in debt expense, says businesswire.com. Newcastle received total …
Newcastle Divests itself of Manufactured Housing Portfolio Read More
Following a story MHProNews posted April 29, 2014 regarding postponement of the mark up of the housing finance reform bill by the Senate Banking Committee, nationalmortgagenews.com reports the bipartisan legislation by Senators Tim Johnson (D-SD) and Mike Crapo (R-ID) will be voted on by the committee on Thursday, May 15. …
Anchorage, Alaska’s comprehensive plan recognizes manufactured housing as an affordable option, but Anchorage 2020, as it’s called, does not protect manufactured housing communities (MHCs) from redevelopment, resulting in the loss of nearly 500 housing units since 2000. The replacement dwellings are less dense, and with the slowdown in production of …
The Manufactured Housing Institute (MHI) extends a welcome to the following new members this year: Advanced Distributor Products LLC Carefree Homes, Inc. CBRE National MHRV Team Mission Peak Capital Parkbridge Lifestyle Communities PayLease Pleasant Valley Homes, Inc. Purchasing Platform Steel Dynamic Structural Rail Division ##
MHProNews.com has been informed by the Manufactured Housing Institute (MHI) that the U. S. Department of Housing and Urban Development (HUD) has proposed to increase the label fee from $39 to $100 to help defray the program costs due to a reduction in production since the fee was last raised …
HUD Raising Label Fee for Manufactured Housing to $100 Read More
The ReHome Oregon project has sited the first of what may be dozens of new manufactured homes (MH) to replace dilapidated, failing homes in Curry County where 604 of 3,876 MH are in poor condition. Recognizing the importance of social networking among the residents of the homes, officials did not …
Oregon Replacing Old Manufactured Homes with New Ones Read More
The Manufactured Housing Institute (MHI) informs MHProNews.com the House Financial Services Committee adopted, by voice vote, the Preserving Access to Manufactured Housing Act (H.R. 1779). Although the measure will not be formally approved until a recorded vote is taken, which is expected to occur the week of May 19th, the …
House Financial Services Committee Voice Votes “Yes” to H.R. 1779 Read More
UMH Properties, Inc. reports total income for the first quarter of 2014 rose to $15,849,000 from $13,426,000 for the same period of 2013, resulting in income of $6,559,000 in 2014 over $5,695,000 in 2013, according to marketwatch.com. Based in Freehold, New Jersey, the company reports core funds from operations attributable …
UMH Properties Reports Income Increase for First Quarter 2014 Read More
Killam Properties, Inc. of Halifax, Nova Scotia, Canada, in announcing its financials for Q1, 2014, reports while property revenue rose to $35,065,000 in 2014 from $33,249,000 in the same period of 2013, net operating income fell -3.0 percent from $18,166,000 in the first quarter of 2013 to $17,620,000 in the …
Killam’s Earnings per Share Nudge down in First Quarter 2014 Read More
