As follow-up to a story we published yesterday, July 25, concerning the development of 251 manufactured homes in Halekulani, near the southeast coast of Australia, express-advocate-wyong reports opposition is increasing as nearby residents rallied outside the site Wednesday. As owners of the property, the Darkinjung Aboriginal Land Council wants to …
MarketWatch says real estate investment trust (REIT) Sun Communities, Inc. reported its second quarter 2012 financials. For Q2 2012, funds from operations (FFO) increased to $22.7 million, $.77 per share versus $16.4 million in the comparable 2011 quarter, which produced $.70 per share. Net income for the second quarter 2012 …
Following up on our article July 16, 2012, MHProNews has received word the RV/MH Hall of Fame and Museum has far surpassed its goal of raising $100,000 to match the Ingram family challenge in order to keep the Museum open. $10,000 short of their goal only two weeks ago, and …
According to MarketWatch, reflecting an 15 percent increase in revenue from the manufactured housing industry, Patrick Industries, Inc. (+8.19%) of Elkhart, Indiana reported net sales for the second quarter of 2012 rose 39.9 percent, or $33 million, over the $82.6 million of the same quarter in 2011. Net income for …
mcall reports from the Lehigh Valley in Pennsylvania Love Homes and its owner, Lawrence Higgins, in Lower Macungie Township are in danger of losing licenses necessary to conduct its retail business of selling manufactured housing. A Pennsylvania Department of Banking order issued in March, 2012 has accused Love Homes of …
The Manufactured Housing Association for Regulatory Reform (MHARR), in its continuing attempts for the Department of Housing and Urban Development (HUD) to fully and properly implement the Manufactured Housing Improvement Act of 2000 which especially impacts the industry’s smaller businesses, sent a letter July 19, 2012 to HUD Assistant Secretary …
MHARR to HUD: Respond to Affordable Housing Need, not Regulators Read More
LakesMail from Australia tells MHProNews a proposal to site 251 manufactured homes in Halekulani in New South Wales, southeastern Australia, will be determined by Wyong Shire councillors. The Darkinjung Local Aboriginal Land Council, which owns the two sites proposed for the development on Lake Munmorah north of Sydney, says the …
Following up on a series of articles first published a year ago and last reported July 12, 2012, voicesnews says Garden Homes Management Corp. has resubmitted plans for 121 manufactured homes on 40.79 acres to the Oxford (Connecticut) Conservation Commission, Inland Wetlands Agency (CCIWA). Garden Homes has been denied approval …
DocStoc reports billionaire investor Sam Zell has donated $5 million to the University of Michigan, his alma mater, for a comprehensive entrepreneurial law clinic called ZEAL, the Zell Entrepreneurship and Law Program. Zell says: “My goal with entrepreneurial ventures at the university has always been to create cross-pollination across multiple …
An informed source tell MHProNews that HUD has paid Administering Organization (AO) services provided by the National Fire Protection Association (NFPA). The source indicates that HUD plans to have phone and face to face meetings with MHCC (Manufactured Housing Consensus Committee) members before the end of the year. (Image credit: …
MarketWatch reports Troy, Michigan-based Champion Home Builders, Inc. announces the acquisition of Athens Park Homes of Athens, Texas, a manufacturer of HUD Code and Park Model homes. Jack Lawless, Champion Homes CEO, says, “The acquisition of this respected company provides us with much needed additional capacity in Texas, where we …
MailTribune from southern Oregon tells MHProNews students from Southern Oregon University are proposing an overhaul to the city government’s 20 year-old manufacturing housing code to allow MH to be erected with less restrictions which could also add to the affordable housing stock in Ashland, OR. As presented to the Ashland …
NewPortRicheyPatch says Walden Pond Mobile Home Park in New Port Richey, Florida is closing as the result of Tropical Storm Debby and residents must be out by July 31, 2012, according to a letter dated July 6 and sent under the letterhead Walden Pond LLC. Owner Paul Beraquit says because …
MarketWatch tells MHProNews Universal Forest Products, Inc. (UFPI) reported net earnings of $17.5 million for the second quarter of 2012 on net sales of $593.2 million, a 9.1 percent increase over net sales of $544.1 million that produced net income of $4.3 million for the second quarter of 2011. Net …
Ron Richardson, 81, entrepreneur, real estate investor, Air Force veteran, and business owner passed away in Las Vegas, July 5, 2012. In addition to being an investor in an insurance company and a commuter airline that is now part of Continental Express, “commodore”, as he liked to be called, bought …
According to sacbee, Drew Industries, Inc., will release its second quarter financial results prior to the market opening on Thursday, Aug. 2, 2012. At 11 AM Eastern Time that same day the company will host a conference call to discuss the financials and other business matters. A question and answer …
staceypageonline reports the Syracuse (Indiana) Town Council honored a request from Patrick Industries for a ten year tax abatement on personal property and a three year real estate abatement for expanding its operations into the former Liberty Homes facility, which will bring 65 new jobs to the area. The state …
Patrick Receives Incentives to Expand, Add Workers Read More
MHProNews has learned from the Alabaster Reporter in Alabaster, Alabama, just south of Birmingham, AL State Sen. Cam Ward wants to pass legislation establishing uniform regulations dealing with the manufactured housing industry. Presiding over the Uniform Law Conference, Ward says manufactured housing is produced in one state and often transported …
State Senator: Establish Interstate Regulations for MH Industry Read More
The LansingStateJournal reports Moon Lake Estates MHC between Bath and Perry Michigan needs major water and sewer improvements following a power failure and two water main breaks that has led to a notice from the Michigan Department of Environmental Quality (DEQ) for residents to boil water. The community’s license was …
MarketWatch says commercial real estate firm Walker and Dunlop, Inc. provided $67,680,000 in Fannie Mae financing to Hometown America, LLC for five manufactured housing communities comprised of over 1,800 home sites located in Illinois, Massachusetts, Florida and New Jersey. The age-restricted communities cover over 500 acres. Walker and Dunlop specializes …
