The Texas Manufactured Housing Association (TMHA) tells MHProNews TMHA Executive Director DJ Pendleton received the Manufactured Housing Institute’s (MHI) Jim Moore Excellence in Communication Award at the recent MHI meeting and awards ceremony in San Antonio. Last October he was mentioned as a replacement for outgoing Executive Director of MHI …
Salisbury Patch informs MHProNews from Allentown, Pennsylvania the Salisbury Township has proposed zoning changes that would allow manufactured homes to be sited inside Waldheim Park, which is a privately-owned community of 80 Victorian cottages. Originally a summer retreat for the Evangelical Congregational Church, only nine people live there year around. …
From Vero Beach, Fla. tcpalm reports five manufactured homes have been donated for qualified veterans in need of housing. All of the homes are two-bedroom multi-section and ready for immediate occupancy. Home Depot is partnering with the Veterans Council to help repair the one home that needs work. MHProNews has …
From Gatesville, in the northeastern corner of North Carolina, MHProNews has learned the town is struggling to find a balance between protecting the integrity of existing residential areas and the rights of those who can only afford manufactured homes to live where they want. An Aug. county commission proposal to …
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TheGatewayNews tells us from Streetsboro, Ohio the Lakeside Terrace land lease community is undergoing a facelift as well as receiving new infrastructure. An MHC since the 1970’s, Dave Leichtman of Verandah LLC says he plans to sell new homes wholesale to the residents. Currently six units are occupied and three …
RVBusiness says manufactured home and recreational vehicle manufacturer Skyline Corp. has reported an improved net loss for its first quarter 2013, as well as a slight drop in sales. This quarter loss amounted to $3.5 million as compared to a $6.8 million loss a year ago. Total sales fell from …
Reuters reports Sun Communities, Inc. is purchasing four eastern Michigan manufactured housing communities from a group of Rudgate affiliated entities for $70.8 million comprised of 1,996 manufactured home sites. Sun is also financing two other Rudgate communities, which it will then manage, also in eastern Michigan, comprising 1,598 manufactured housing …
The mailtribune reports from Medford, Oregon the city council is considering a request to not only protect older homes from demolition, but to preserve homes that are older than 50 years in neighborhoods where factory-built housing or apartments can be excluded. Medford State Representative Sal Esquivel, noting a manufactured house …
The Monette (AR) City Council unanimously passed an ordinance regarding the placement, appearance and age of manufactured homes newly sited within the city limits. The Town-Crier says the homes must be no older than five years, contain 720 square feet, have underpinning around the base of the dwelling and be …
The Daily News reports housing permits for Gloucester County, Virginia on the Chesapeake Bay from Aug. 2011 to Sept. 2012 increased to 128, including 97 single-family, 14 multi-family and 17 manufactured housing permits. The previous 12 months total was 108 permits, with the Gloucester County Planning Commission issuing 79 single-family, …
The Wall Street Journal reports billionaire investor Sam Zell is expected to choose Thomas Heneghan, now CEO of Equity LifeStyle Properties, Inc. (ELS), to replace Gary Garrabrandt as head of Equity International, Zell’s global real estate investment arm. Investors in Equity International (EI) must approve Zell’s choice, but could also …
Investors tells MHProNews the stocks of Patrick Industries (PATK) and Drew Industries (DW) surged this past week. Drew advanced seven percent, and Patrick, which jumped 20 percent at the beginning of the week, settled at plus 13 percent. Both companies are major component suppliers to the manufactured housing and RV …
Canada’s Killam Properties, Inc. (TSX:KMP) announces it will release it’s third quarter 2012 financials for the period ending Sept. 30 on Tue. Nov. 6 after the market closes. Canada Newswire says a conference call to discuss the results will follow on Wed., Nov 7, 2012 at 11:00 AM EST. The …
The MinotDailyNews reports from Minot, North Dakota manufactured homes are being welcomed in many older neighborhoods following the Souris River flooding in June of 2011 that took out some 4,100 homes. Many of the houses lost were older, smaller homes that can be replaced quickly and affordably with manufactured houses. …
Forty-one new manufactured homes have been installed in Mecca, California in the Mountain View Estates community to replace aging factory-built homes that were damaged/destroyed in a 5.5 inch downpour Sept. 11, 2012, according to what mydesert tells MHProNews. The rains ripped apart some of the Duroville MHC homes in Mecca, …
Matthew Iglesias, writing in Slate magazine, notes that durable goods—appliances, furniture, vehicles, airplanes— are primarily mass-produced in factories because that is the most cost-effective way to produce the least expensive product for the consumer, and the highest wage for the worker. Some of these products occupy space in homes, which …
PRNewswire tells MHProNews Green Courte Partners, LLC announces the appointment of Thru A. Shivakumar as Vice President, Acquisitions. While Ms. Shivakumar’s background is with parking facilities, and her focus will remain in that sector, her experience includes asset and portfolio management. Chicago-based Green Courte is a private-equity real estate investment …
WALB-TV reports White Plains, NY-based Drew Industries, Inc. (NYSE:DW) will ring the closing bell at the New York Stock Exchange on Fri., Oct. 5 in honor of Drew’s 50th anniversary as a publicly traded company. Drew’s initial public offering in 1962 denotes its involvement in real estate financing, management and …
The Manufactured Housing Association for Regulatory Reform tells MHProNews the U.S. Department of Housing and Urban Affairs (HUD) has released figures indicating August becomes the thirteenth consecutive month of growth for the production of manufactured homes. Statistics indicate HUD Code manufacturers produced 5,580 homes in Aug., an increase of 7.5 …
Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (UMH) announced the board of directors declared a quarterly dividend of $0.18 per share on the company’s common stock payable Dec. 17, 2012 to shareholders as of Nov. 15, 2012. Additionally, on the company’s 8.25% Series A Preferred Stock, …
