KelolandTV from Aberdeen, South Dakota says Centennial Homes is cashing in on the oil boom in western North Dakota. Kevin Foss of Centennial says the company has been sending as many manufactured homes and modular homes as it can to the north. He expects business this year to increase 50 …
MarketWire states Phoenix-based Cavco Industries, Inc. (CVCO) will announce its fourth quarter fiscal 2012 earnings Tue. May 29, 2012 after the market closes. Senior officials will discuss the report in a live webcast the following day, Wed. May 30 at 12:00 noon Eastern time. Cavco is the second largest producer …
TheDailyReview of Towanda, Pennsylvania reports the Waverly Village Trustees in Tioga County, just across the border in New York, updated their definition of manufactured and modular homes. The previous legal definition written in 1988 for “mobile home” was a portable structure on wheels, but intended for long-term living. The new …
Forbes reports on the heels of Universal Forest Products, Inc. (UFPI) strong first quarter 2012 results, whereby Q1 2011 showed a loss of -0.19 per share to first quarter 2012 return of +0.21 per share, and the recent acquisition of MSR Forest Products LLC, Zacks issued a #1 Rank (Strong …
BellehavenPatch tells MHProNews.com Fairfax County, Virginia is considering developing the North Hill site in Hybla Valley into an MHC for 67 homes and a greenspace. Meanwhile, AHP Virginia LLC has a counter proposal that would involve building apartments on the site, housing 204 families, nine percent of which would be …
TheOlympian in Olympia, Washington informs us that the Manufactured Housing Institute (MHI) has chosen Clayton Homes in Lacey, WA, just south of Seattle, as the West Retail Sales Center of the Year. The award is based on industry and community involvement, marketing materials, management philosophy, and retail center aesthetics. MHProNews.com …
PalmBeachPost reports from Jupiter, Florida a plan to build 348 rental units will force some 100 residents of Whitehaven Seniors Adult Park MHC to relocate. Jupiter-based FLF 1030 LLC says the company must close the sale of the property and then receive site use and zoning approval from the city …
Following up on a story we covered Jan. 19, 2012, HutchNews reports from Lawrence, Kansas the rental housing planned for University of Kansas students to replace the 241 site Gaslight Mobile Home Village is still being negotiated, as homeowners have begun moving out. Mid-America Manufactured Housing Communities will pay residents’ …
In it’s second newspaper conglomerate acquisition in six months, HoumaToday tells MHProNews.com Berkshire Hathaway has purchased 63 of Media General’s newspaper properties for $142 million cash, including the Richmond Times Dispatch and Winston Salem Journal. “In towns and cities where there is a strong sense of community, there is no …
In a conversation SeekingAlpha writer Brad Thomas has with Sam Landy, CEO and President of UMH Properties, Landy describes the beginnings of UMH in 1969 and how the REIT (real estate investment trust) grew profitably through the years until the recent recession. Landy says the company thought manufactured housing was …
MarketWatch informs us that MH component supplier Universal Forest Products, Inc. (UFPI) has acquired through a subsidiary Haleyville, Alabama-based MSR Forest Products, LLC, a provider of roof trusses and cut-to-order lumber for the manufactured housing industry. UFPI has an existing plant in Haleyville. With annual sales of $10 million, MSR …
TheTimesNews tells MHProNews.com from Burlington, NC Jeff Mitchell has come to the Burlington City Council twice to have property rezoned from residential to manufactured housing, and has succeeded both times. In 2010 the council voted 3-2 to honor the request. On the current issue, city staff recommended the change should …
Following HUD’s suspension of the Manufactured Housing Consensus Committee (MHCC) Administering Organization (AO) services by the National Fire Protection Association (NFPA) because of HUD’s failure to pay the NFPA, the Manufactured Housing Association for Regulatory Reform (MHARR) sent a letter to Carol Galante, HUD Assistant Secretary-Federal Housing Commissioner. In reminding …
Yahoo!Finance says MH builder Nobility Homes has won approval from NASDAQ to continue being listed on the exchange through Sept. 14, 2012. Nobility did not file 10-Q reports for the periods ending Aug. 4, 2011 and Feb. 4, 2012, and for Form 10-K for the year ending Nov. 5, 2011 …
heNation says Retirees and members of the Manufactured Home Owners Association of America (MHOAA) came from around the nation to tell Sam Zell at the Equity Lifestyle Properties’ (ELS) annual shareholders meeting that raising rents and cutting services at his MHCs is threatening his own clients ability to remain as …
The U.S. Dept. Of Energy has contributed $600,000 to Southern New Hampshire Services project to weatherize 100 homes in Exeter’s four MHC Co-ops. The Regional Greenhouse Gas Emissions Reduction Fund through the N.H. Public Utilities Commission is donating $2 million for the program to expand to 425 homes in 20 …
InsuranceNewsNet says Don Glisson, Jr. Chairman and CEO of Triad Financial Services has been appointed to the Board of Governors of the state-run Citizens Property Insurance Corp. by Florida Chief Financial Officer Jeff Atwater. Citizens offers insurance to homeowners who cannot obtain coverage through private markets, many of whom live …
The UpperMacungiePatch says the Upper Macungie Township Zoning Board in southeast Pennsylvania voted to approve variances allowing a larger manufactured home to replace a smaller one. The current pre-HUD Code home measures 12 feet by 60 feet. MHProNews.com has learned the new multi-section is 27 feet four inches by 60 …
As part of the agreement it signed last year with Killam Properties of Canada, Kuwait Finance House (KFH) announces it has acquired its second residential property in Canada, the 146 unit Kanata Lakes Apartments in Ottawa, for $42.5 million. As ArabianBusiness tells MHProNews.com, the first joint venture with Killam was …
PRWeb says International Insurance Group, Inc. (IIGI) has created a website to inform consumers of unique insurance risks and coverages for owners and landlords in the MH and RV market. The interactive website allows searches of and quotes from different insurance providers, as well as the opportunity to customize the …
