MHProNews.com has learned the board of directors of manufactured housing community owner UMH Properties, Inc. (UMH) has declared a quarterly cash dividend of $0.18 per share of the company’s common stock effective June 16, 2014 to shareholders of record May 15, 2014. Additionally, on April 1 the board declared a …
UMH Properties Declares Dividends for Preferred and Common Stock Read More
According to seekingalpha.com, Berkshire Hathaway’s stock (BRK.A) (BRK.B), is undervalued by 15 percent as it continues to generate solid performance from its business units and its marketable securities. Having bought up many desirable investment opportunities in the marketplace, the company will not continue to garner the 19.8 percent returns it …
Updating a story MHProNews.com posted Nov. 18, 2013, regarding property specialist Ingenia Communities’ acquiring more manufactured housing communities (MHCs) in Australia, theage.com.au reports the company has doubled investors’ money. Ingenia’s head, Simon Owen, says, “We are targeting the lower to middle market, which is people reliant on the pension to …
Aussie Firm sees Big Returns from Manufactured Homes Read More
The New York Housing Association (NYHA) will once again host the annual Spring Symposium and Legislative Summit May 5-6, 2014 in Albany at the Empire State Plaza Convention Center, similar to last year at this time, as MHProNews reported April 24, 2013. State Senator Catharine Young, Housing Committee Chair, and …
Annual Manufactured Housing Symposium to be Held in Albany, New York Read More
Updating a story MHProNews posted Dec. 18, 2013, regarding a Texas town attempting to standardize ordinances for manufactured housing and recreational vehicles, the San Angelo City Council continues to work on draft legislation regarding size, spacing and buffering standards. As gosanangelo.com reports, the council tabled the measure because of a …
Manufactured Housing Ordinances Tabled in SW Texas Read More
To expand the company’s business in east Texas and Louisiana, Universal Forest Products, Inc. (NASDAQ:UFPI) has acquired a 50 percent stake in Upshur Forest Products, LLC, which has sawmill facilities in Gilmer, Texas. “Among our strategic goals is to grow our industrial business, and we’re doing that in a steady …
Universal Forest Products Acquires Sawmill in Texas Read More
Market research company for the manufactured housing industry, JLT & Associates, after studying the Michigan manufactured home market from 2000 to 2014, has determined that occupancy rates for the 315 all age communities in the state has stabilized at 74 percent as of Feb. 2014, after a steady decline from …
Acropolis Management Services LLC (AMS) of Providence, Rhode Island has assumed management of Twin Coach Estates manufactured housing community in Lakeville, Massachusetts. In addition to this 67 homesite community, AMS recently received a contract to manage Edgeway Mobile Home Park in Middleboro, MA. As MHProNews.com reported here Aug. 24, 2012, …
Manufactured housing component supplier Lippert Components, Inc. (LCI) is moving its production facility that makes mattresses and furniture for the recreational vehicle (RV) division into a 366,000 square-foot building vacated last year by Cequent in Goshen, Indiana. Cequent makes towing and trailer parts, as well as electrical and cargo carrying …
In a move designed to save the state and the citizens money, and streamline the purchasing process, the Alabama Manufactured Housing Commission (AMHC) is now offering online application for licensing manufactured and modular home installers. MHProNews.com has learned the installers log in with their certification, order the number of decals, …
Although the Cortland MHC in Cortland, Illinois has never been cited for any violation, an environmental inspector discovered several violations of the Illinois Environmental Protection Agency (IEPA) Act and Illinois Pollution Control Board (IPCB) regulations for allegedly discharging raw sewage on the grounds as well as on neighboring properties. Licensed …
Raw Sewage Fouling Manufactured Housing Community and Neighbors Read More
MHProNews has learned from alabamas13.com a family in Hamilton, Alabama is pleading with the city to allow their manufactured home (MH) to remain in place although it is evidently older than the owner’s bill of sale which says 2006. The city’s ordinance says no home over eight years may be …
Bill of Sale for Manufactured Home may be Manufactured Read More
Harrah’s announced on Wed 3/26/2014 the closure of their largest casino operations in Tunica on June 2. The move impacts some 1300 workers. “After exploring every other viable alternative, we have come to the difficult but necessary conclusion to close Harrah’s Tunica in an effort to appropriately position our business …
Last Hurrah for Harrah’s in Tunica; Future of Tunica Manufactured Home Show Clouded Read More
In the travel section of mensjournal.com regarding a vacation home, the cost and efficiency of building a modular or manufactured home are touted: They are built on an assembly line readied with appropriate materials for a particular pattern, and staffed with specialists. It is less expensive for the same reason, …
Men, Take Heed: Off-site Built Homes are Great for Getaways Read More
Updating a story MHProNews.com last posted Feb. 12, 2014 regarding recovery and rebuilding efforts from the disastrous flooding in Colorado in September, 2013, the Federal Emergency Management Agency (FEMA) tab has risen from $267 million to $304 million, according to kwgn2.com. These funds have included FEMA disaster grants, flood insurance …
The RV/MH Hall of Fame Selection Committee has announced nominations for the class of 2015 are now open. Nominees must have a minimum of 25 years active experience in the manufactured housing, recreational vehicle or campground industries, as the elkharttruth.com tells MHProNews.com. Nominations must be submitted by Oct. 31, 2014 …
About six weeks ago, residents of the 20 households of the Seaview Trailer Court (STC) on the Washington coast learned why garbage sometimes piles up uncollected in their community: STC is being foreclosed on and will be auctioned off Friday, March 28 at the courthouse in South Bend, Washington. If …
Manufactured Home Community Owners Leave Trail of Neglect Read More
Noting the proposed bipartisan legislation introduced by Senators Tim Johnson (D-SD) and Mike Crapo (R-ID) that recognizes the importance of manufactured housing, Nathan Smith, Manufactured Housing Institute (MHI) chairman and partner at SSK Communities, says, “Gaining access to the secondary market for our home loans has long been a top …
MHI Applauds Senate Banking Committee for Housing Finance Legislation Read More
Writing in gazette.com, Bill Radford traces the recent history of manufactured housing as a run up to buying a manufactured home (MH) in a rural area east of Colorado Springs for him and his wife. Noting the industry has come a long way since the Department of Housing and Urban …
Writer Content with Manufactured Home in Rural Colorado Read More
Toronto-based Tricon Capital Group, Inc. (TCN), which bought 3,500 rental units in the U. S. following the housing meltdown, is now seeking to invest up to $670 million (US) in manufactured home communities (MHCs) in Florida, California and Arizona, reports businessweek.com. Chief Operating Officer (COO) Gary Berman says, “If you …
Canadian Firm Seeking Manufactured Home Communities Read More
