Manufactured Homes Archives

Mar 15 2016March 15, 2016

Habitat Program will Involve Residents in Updating their Manufactured Home Community

By Matthew Silver / March 15, 2016 March 15, 2016 / Communities, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular

Habitat for Humanity unveiled a plan for rehabbing and/or replacing factory-built homes in the West Boca Watergate Estates manufactured home community (MHC) in Palm Beach County, Fla. In outlining their presentation to residents to work together, Habitat’s Mike Campbell and Ana Neira said a text change in county regulations now …

Habitat Program will Involve Residents in Updating their Manufactured Home Community Read More

Mar 15 2016

Memphis Blues MHC near Completion by UMH Properties

By Matthew Silver / March 15, 2016 March 15, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

UMH Properties, Inc. is in the final stages of extensively rebuilding the Memphis Blues manufactured home community, including re-engineered flood protection, at the former site of the Memphis Mobile Community (MMC), severely damaged by flooding. The new community is gated, and features a playground and 24-hour on-site management, as MHProNews …

Memphis Blues MHC near Completion by UMH Properties Read More

Mar 15 2016

MH Industry Updates to be Offered by OMHA Executive Director Tim Williams

By Matthew Silver / March 15, 2016 March 15, 2016 / Advocacy, Communities, Manufactured and Modular Housing News, Manufactured Homes, People

Tim Williams, Executive Director of the Ohio Manufactured Homes Association (OMHA), will be the featured speaker tonight, March 15 at 6:00 PM at the Spring Joint Chapter Meeting of the OMHA in Kent, Ohio. He will discuss industry updates, as MHProNews has learned from OMHA. Back by popular demand this …

MH Industry Updates to be Offered by OMHA Executive Director Tim Williams Read More

Mar 15 2016

Nobility Homes Reports Substantial Quarterly Increases in Revenue, Income

By Matthew Silver / March 15, 2016 March 15, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHPronews has learned from marketwired that sales for Nobility Homes, Inc.(OTC:NOBH) rose 32 percent in the first quarter of 2016 ending Jan. 30, 2016, while income from operations (IFO) rose an astounding 130 percent over last Jan. Sales hit $7,374,050 Q1 2016 versus $5,576,800 last year; IFO rose from $424,820 …

Nobility Homes Reports Substantial Quarterly Increases in Revenue, Income Read More

Mar 14 2016

City Seeks New Ordinance for Screening Manufactured Home Communities

By Matthew Silver / March 14, 2016 March 14, 2016 / Advocacy, Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

A discussion at a meeting of the Preston (Minnesota) City Council centered around the height, placement and definition of “green belt” and “periphery” as it relates to manufactured housing (MH). Tim Johnston owns one of the two MHCs in town, as fillmorecountyjournal informs MHProNews. He planted a green belt several …

City Seeks New Ordinance for Screening Manufactured Home Communities Read More

Mar 14 2016

Manufactured Home Community in VA sold at Auction

By Matthew Silver / March 14, 2016 March 14, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Ronnie Soffee’s family had owned and operated Rudd’s Trailer Park since it first opened in 1936, but after it sold at auction, Mr. Soffee was reduced to tears to tears as he said goodbye to some of the residents, according to what richmondfreepress in Virginia tells MHProNews. Although assessed by …

Manufactured Home Community in VA sold at Auction Read More

Mar 14 2016March 13, 2016

Ardmore Village in Minnesota Sells for $7.6M

By Matthew Silver / March 14, 2016 March 13, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from finance-commerce that Birmingham, Michigan-based Uniprop, a private, forty-year-old real estate and private equity firm has sold the Ardmore Village manufactured home community (MHC) in Lakeville, Minnesota for $7.6 million to an unnamed Illinois buyer. According to MHVillage, the community, built in 1972, has 339 home sites, …

Ardmore Village in Minnesota Sells for $7.6M Read More

Mar 13 2016March 12, 2016

Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016

By Matthew Silver / March 13, 2016 March 12, 2016 / Advocacy, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ What’s New in Manufactured Housing Industry Professional News New manufactured home community planned Down Under. Legacy Homes assumes building abandoned byRV/MH Hall home builder. Home show features MH. Ordinance to site …

Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016 Read More

Mar 12 2016

Patrick COO Rodino Sells 20k Shares of Stock

By Matthew Silver / March 12, 2016 March 12, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned from hilltopmhc that Chief Operating Officer (COO) of Patrick Industries, Inc. (NASDAD:PATK) Jeff Rodino sold 20,000 shares of company stock, as disclosed in a filing with the Securities and Exchange Commission (SEC). Sold at an average price of $43.94, the transaction was valued at $878,000.00. The COO …

Patrick COO Rodino Sells 20k Shares of Stock Read More

Mar 12 2016

New Manufactured Home Community Planned in Australia

By Matthew Silver / March 12, 2016 March 12, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes

The DOYALSON-Wyee RSL Club intends to develop a 139-site manufactured home community (MHC) on two lots north of the club, including the the site of the current Raw Challenge fitness course, according to what lakesmail.com.au tells MHProNews. The club has filed to rezone the land from RU6 Transition to RE2 Private …

New Manufactured Home Community Planned in Australia Read More

Mar 12 2016

Russell Frank buys more Shares of Equity LifeStyle Properties

By Matthew Silver / March 12, 2016 March 12, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, Stocks

MHProNews has learned from financialnewsnetwork that Russell Frank Co. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) during Q4 2015 by 4.5 percent following its acquisition of 14,228 additional shares. According to a filing with the Securities and Exchange Commission (SEC), the firm now owns 350,055 shares of the …

Russell Frank buys more Shares of Equity LifeStyle Properties Read More

Mar 12 2016

Home Show to Feature Manufactured Home

By Matthew Silver / March 12, 2016 March 12, 2016 / Business, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

Adding to the list of home shows that will feature off-site built houses, the Stark County Home and Garden Show is being held this weekend at the Stark County (Ohio) Fairgrounds, as starkcountyhomeandgardenshow tells MHProNews. Sponsored by The Repository and the Building Industry Association of Stark County, Marci Saling-Lesho, vice …

Home Show to Feature Manufactured Home Read More

Mar 11 2016March 10, 2016

Legacy Homes Assumes Production in Facility Abandoned by Horton Homes

By Matthew Silver / March 11, 2016 March 10, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

Legacy Homes has taken over production of manufactured homes (MH) in a facility in Eatonton, Georgia that had been occupied by Horton Homes, according to what wmaztv tells MHProNews. Seventy employees have begun working there, and the CEO says they can handle up to 250 to 300 workers on one side, …

Legacy Homes Assumes Production in Facility Abandoned by Horton Homes Read More

Mar 10 2016

Supervisors Unanimously Approve Ordinance to Accept HUD Code Homes

By Matthew Silver / March 10, 2016 March 10, 2016 / Business, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Updating a story MHProNews last posted Feb. 11, 2016 regarding an ordinance passed by the planning and zoning commission in Mojave County, Arizona that would allow manufactured homes built after June 15, 1976 to be sited, the Board of Supervisors voted unanimously to approve the ordinance, according to kdminer. Originally, …

Supervisors Unanimously Approve Ordinance to Accept HUD Code Homes Read More

Mar 10 2016

Sixty year-old Manufactured Home Community on the Block

By Matthew Silver / March 10, 2016 March 10, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes

The Flamingo Mobile Home Park in Santa Barbara, Calif. has been put on the market, sparking fears among the 69 residents of this seniors only manufactured home community that they may have to move, according to what noozhawk tells MHProNews. The community, which was built in the 1950s, was inherited …

Sixty year-old Manufactured Home Community on the Block Read More

Mar 10 2016

RHP Properties Acquires another Manufactured Home Community

By Matthew Silver / March 10, 2016 March 10, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from hometownlife that RHP Properties has acquired the 289 home site Wayson’s Manufactured Home Community (MHC) in Lothian, Maryland. RHP CEO Ross Partrich said, “RHP Properties is pleased to add Wayson’s Manufactured Home Community to our portfolio of high quality communities,” said Partrich. “This desirable community boasts …

RHP Properties Acquires another Manufactured Home Community Read More

Mar 9 2016March 10, 2016

Water Company Acquires Water Systems in Manufactured Home Communities

By Matthew Silver / March 9, 2016 March 10, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Iowa American Water has acquired the water systems in three YES! Communities in Davenport, Iowa, adding 850 customers to its roster, as qconline tells MHProNews. Residents of Five Seasons, Lakewood Estates and Silver Creek manufactured home communities (MHC) have been receiving water from Iowa American but through a re-sale agreement. …

Water Company Acquires Water Systems in Manufactured Home Communities Read More

Mar 9 2016

RV/MH Leaders Applaud Darryl Searer’s Fourth Year Leading the Hall

By Matthew Silver / March 9, 2016 March 9, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

When Darryl Searer agreed to a one-year commitment to volunteer as president of the RV/MH Heritage Foundation and the RV/MH Hall of Fame (Hall), little did he know his passion for the position would grow to four years—and counting. Little did industry leaders realize the extent to which he would …

RV/MH Leaders Applaud Darryl Searer’s Fourth Year Leading the Hall Read More

australian manufactured home community intenational to credit

Mar 9 2016June 13, 2018

Expansion Underway for Australian’s MHC owner Gateway Lifestyle

By Matthew Silver / March 9, 2016 June 13, 2018 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Australia’s Gateway Lifestyle Group has acquired six manufactured home communities (MHC) for $49.3 million ($36.975 USD), according to theaustralian.co.au. The communities are located in New South Wales, Queensland and Victoria, adding 1180 home sites to its portfolio—428 occupied sites and 752 sites ripe for development. The acquisition, expected to close …

Expansion Underway for Australian’s MHC owner Gateway Lifestyle Read More

Mar 9 2016March 8, 2016

Equity LifeStyle Properties Declares Q1 Dividends

By Matthew Silver / March 9, 2016 March 8, 2016 / Business, Canada, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

MHProNews has learned the board of directors of Equity LifeStyle Properties (NYSE:ELS) has announced a dividend of $0.425 per common share will be paid on April 8, 2016 to shareholders of record as of March 25, 2016. On an annualized basis this represents a dividend of $1.70 per share. Moreover, …

Equity LifeStyle Properties Declares Q1 Dividends Read More

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