Manufactured Homes

HUD Code Production Spikes in November

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics from the Department of Housing and Urban Development (HUD) indicate the production of HUD Code manufactured homes in Nov. grew 20.6 percent above Nov. 2014, 5,980 over 4,955 last year. On the year, cumulative production stands at 64,887 …

HUD Code Production Spikes in November Read More

More Patrick Stock Sold by Gendell

According to a document filed with the Securities and Exchange Commission, MHProNews has learned from dakotafinancialnews Jeffrey L. Et Al Gendell has sold another block of Patrick Industries, Inc. (NASDAQ:PATK) stock. As recorded Dec. 29, 25,000 shares were sold at an average price of $43.01, for a total transaction value …

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Really? “Bad bargain? Manufactured homeowners feel the financial strain, PBS NewsHour” MHProNews Flash Report and Analysis

PBS NewsHours website has a paragraph below their video report aired on January 2, 2016 that reads as follows: “Twenty million Americans live in mobile, or manufactured, homes that offer affordable housing, particularly in rural parts of the country. Typically older and poorer than traditional homeowners, manufactured homeowners often face …

Really? “Bad bargain? Manufactured homeowners feel the financial strain, PBS NewsHour” MHProNews Flash Report and Analysis Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 27, 2015-Jan. 3, 2016

What’s New in public focused Manufactured HomeLivingNews.com College Education Made In Perpetuity – The Kalamazoo Promise; Von Washington Jr – where Affordability and Quality of Life Meet Home/Manufactured Home Article/Lies, Advocacy Journalism and Statistics – Seattle Times/BuzzFeed Attacks, Warren Buffett’s Clayton Homes Defends – charges of Racism and Discrimination – …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 27, 2015-Jan. 3, 2016 Read More

SSK Adds Two Manufactured Home Communities in Indiana

MHProNews has learned from wave3 that Kentucky-based SSK Communities has acquired two manufactured home communities (MHCs) in Evansville, IN comprising 1,100 home sites, both of which will have new names. Eastbrook Manufactured Housing Park will become Waterford Pointe, and Westbrook Manufactured Home Park will be renamed Grandin Pointe. SSK partner …

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Manufactured Home Community becomes Co-op in New Hampshire

Adding to the growing number of resident-owned manufactured home communities (MHC) in New Hampshire, Green Meadows Mobile Home Park in Concord has become Freedom Village Cooperative after the residents banded together and purchased the community for $4.25 million, the same price a third party had offered owners James and Kathy …

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Gendell Unloads more Patrick Stock

In a disclosure filed with the Securities and Exchange Commission (SEC), MHProNews has learned that on Dec. 24, 2015 Jeffrey L. Et Al Gendell unloaded another block of Patrick Industries, Inc. (PATK) stock. The 15,431 shares were sold at an average price of $42.07 for a total value of $645,395.87, …

Gendell Unloads more Patrick Stock Read More

Insider Trading at Cavco Industries

In insider trading, Chales E. Lott, president of Fleetwood Homes, a division of Cavco, Industries (CVCO), sold 1,516 shares of company stock at an average price of $95.25 per share for a transaction valued at $144,399.00. He currently owns 2,000 shares of the company with a value of $190,500, according …

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Manufactured Housing to be Featured on PBS

A memorandum from Dick Jennison, Manufactured Housing Institute President and CEO, informs MHProNews that PBS NewsHour has set Sat., Jan. 2 to air its story on the manufactured housing industry. The story has already been delayed, and it may be delayed again depending upon news priorities. MHI expects the segment …

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Equity LifeStyle Properties Stock on a Roll?

Manufactured home community owner Equity LifeStyle Properties, Inc. (NYSE:ELS) share price marked a new 52-week high in Monday’s session, Dec. 28, reaching $66.33, according to putnamstandard, but closed even higher Tue., Dec. 29, at $66.81, as reported in MHProNews stock report. On the Dec. 28 report, four investment analysts gave …

Equity LifeStyle Properties Stock on a Roll? Read More

MHCC to Meet in Louisville

The Office of the Federal Register informs MHProNews that the Manufactured Housing Consensus Committee (MHCC) meeting will be held Jan. 19 thru Jan. 21 at the Kentucky Exposition Center in Louisville, KY, 9:00 AM to 5 PM each day, somewhat overlapping the Louisville Manufactured Housing Show. The agenda for the …

MHCC to Meet in Louisville Read More

Sun Leaves Diseased Tree, Declares Quarterly Dividend

Following a story MHProNews posted Dec. 17, 2015 regarding a diseased tree that Sun Communities (SUI) was ordered to remove from Water Oak manufactured home community in Lady Lake, FL, villages-news reports as of Sunday, the tree was still there. Special Magistrate Valerie Fuchs ordered Sun to remedy the tree …

Sun Leaves Diseased Tree, Declares Quarterly Dividend Read More

Capital One Provides $11M+ Loan for Starlight in Southern CA

Formulating a seven-year adjustable-rate loan with a two-year interest only period, Capital One has arranged a Freddie Mac $11.719 million refinance for Starlight Mobile Home Park senior-only manufactured home community (MHC) in El Cajon, CA. Senior Vice President Chad Thomas Hagwood, of the Birmingham, AL multi family office, originated the …

Capital One Provides $11M+ Loan for Starlight in Southern CA Read More

Arizona Manufactured Home Community to open Soon

MHProNews has learned from yumasun that manufactured home community (MHC) Rancho El Mirage is nearing completion in Wellton, Arizona. The 55-and-older restricted, gated community, built around select holes of the Coyote Wash Golf Course, has 202 home sites, and offers extensive amenities, including fishing and boating, a pool and spa, …

Arizona Manufactured Home Community to open Soon Read More

Sunday Morning Recap-Manufactured Housing Industry News Dec. 20-Dec. 27, 2015

What’s New in public focused Manufactured HomeLivingNews.com Saving the American Dream for a Soldier, new Wife and Family What’s New in Manufactured Housing Industry Professional News MHARR slams FHFA for excluding chattel loans. Ordinance prevents more MH in the community. Assessments on MH sites maddens owners. Block grants to replace …

Sunday Morning Recap-Manufactured Housing Industry News Dec. 20-Dec. 27, 2015 Read More

New Leadership at NeighborWorks Montana

Maureen Rude, the former director of the Montana Fannie Mae Partnership office and executive director of the Montana Board of Housing, will become the new Executive Director of NeighborWorks Montana in Jan., 2016, according to greatfallstribune. Rude has served as director of lending and operations for eight years. The previous …

New Leadership at NeighborWorks Montana Read More

Gendell Continues to Unload Patrick Stock

In a continuing sell-off of Patrick Industries, Inc. (NASDAQ:PATK) stock, Jeffrey L. Et Al Gendell sold 59,659 shares of company stock, according to a disclosure filed with the Securities and Exchange Commission (SEC) dated Dec. 23, 2015. The shares were sold at an average price of $41.41 for a total …

Gendell Continues to Unload Patrick Stock Read More

City Ordinance Prevents Siting of more MH in Community

Kaj and Carla Sorensen would like to add three more manufactured homes to their Sorensen Rentals manufactured home community (MHC) in Milton, Fla., but the city’s Code of Land Ordinances is not zoned to allow any more non-conforming structures, according to what srpressgazette tells MHProNews. City Planner Randy Jorgenson said, …

City Ordinance Prevents Siting of more MH in Community Read More

Tontine Discloses Ownership of 1.43M Shares of Patrick

According to a required filing with the Securities and Exchange Commission (SEC), Tontine Capital Partners LP disclosed that it has a 9.3 percent stake in the common stock of Elkhart, IN-based Patrick Industries, Inc. (NASDAQ:PATK). Tontine currently owns 1,439,778 shares of stock valued at $60,225,914, as reported by dakotfinancialnews. Other …

Tontine Discloses Ownership of 1.43M Shares of Patrick Read More

Pleasant Valley Moves into the RV Market

MHProNews has learned that Pleasant Valley Homes, Inc., of Pine Grove, Pennsylvania has acquired Fork Creek Park Model Recreational Vehicles, an Amish-built maker of vacation and recreation homes, which will now be built in the company’s state-of-the-art facility in Schuylkill County, PA. Pleasant Valley currently produces Pine Grove HUD Code …

Pleasant Valley Moves into the RV Market Read More

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