Manufactured Homes

Aussie Manufactured Home Community adds to Portfolio

MHProNews has learned from portstephensexaminer that Gateway Lifestyles, already one of Australia’s largest manufactured home community owners, has acquired two of Port Stephens’ largest residential communities. Seawinds has over 110 homesites, and amenities include a pool, ping pong room, tennis court and snooker table, as well as a community room. …

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Manufactured Homes Generate Wampum on Tribal Lands

MHProNews has learned from indiancountrytodaymedianetwork that in five counties within the boundaries of American Indian reservations in South Dakota, where the Indian population comprises a large majority of residents, a higher percent of mortgage lending went to white people in 2014. A total of $3.3 million was loaned or invested. …

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Drew’s President Draws $222k in Sale of Drew Stock

In a document filed with the Securities and Exchange Commission (SEC), dakotafinancialnews reports Scott T. Mereness, president of Drew Industries, Inc., sold 3,700 shares of stock in a transaction dated Nov. 25 at an average price of $60.00 per share for a total net of $222,000.00. Mereness now owns 115,242 …

Drew’s President Draws $222k in Sale of Drew Stock Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015

What’s New in public focused Manufactured HomeLivingNews.com “It’s not a trailer, it’s a manufactured home!” Inside MH with Mary Johnson, Retired Nurse Getting More Manufactured Home Lending – Video Interview with MH Owner, Tom Fath What’s New in Manufactured Housing Industry Professional News MHARR slams HUD over monitoring contract. Australia …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 22-Nov. 29, 2015 Read More

New Manufactured Homes on Drawing Board in Arizona City

As in many areas, finding affordable housing in Payson, Arizona is beginning to pose a looming crisis, even more so if the area gets a four-year university that will draw several thousand more residents, according to paysonroundup. Berkshire Hathaway real estate broker Cliff Potts stated housing for middle class workers, …

New Manufactured Homes on Drawing Board in Arizona City Read More

Aussie Manufactured Home Community Owner on the Hunt

With 24 manufactured home communities as part of its 63 property portfolio, Ingenia Communities Group is focusing on the Queensland region of Australia for its expansion efforts, as couriermail informs MHProNews. Ingenia CEO Simon Owen, in Brisbane attending a conference on retirement living, said with an ageing population he sees …

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Lower Immigration Barrier, Offer Syrian Refugees New Manufactured Homes

Where so many see a loathing, fearful problem, Robert Rand, a Vietnam Vet with 20 years of military service, sees an opportunity. Writing in centralmaine, he states he doesn’t understand the rejection of Syrian refugees, especially by the Republicans, comparing it to turning back the boatload of 100s of Jewish …

Lower Immigration Barrier, Offer Syrian Refugees New Manufactured Homes Read More

Busy Insider Trading at Patrick

Following a series of posts MHProNews has published regarding Jeffrey L Et Al Gendell’s unloading of Patrick Industries, Inc. (PATK) which we have documented since Nov., 2014, this major stockholder has now sold an additional 11,116 shares of Patrick. The shares were sold at an average price of $41.03 for …

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Drew Industries Officer Unloads more Stock

In another inside trading transaction at Drew Industries, Inc. (NYSE:DW), Chief Administrative Officer Jamie Schnur sold 1,626 shares of company stock in a deal dated Tue., Nov 24, according to storminvestor. The shares were sold at an average price of $59.41 resulting in a transaction value of $96,600.66. On Nov. …

Drew Industries Officer Unloads more Stock Read More

Fla. Workshop will Feature Manufactured Home Set-up

MHProNews has learned from realestaterama the Lake County (Fla.) Building Services Division is hosting an instructional workshop on “Manufactured Home Set-up” Dec. 3 in Tavares, Fla. Presented by Blaine Fort, Department of Motor Vehicles Safety Program Consultant, the free class will deal with the installation and safety aspects of siting …

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Crucial Vote on MH Lending due in Congress by Dec. 11

Although HUD Secretary Julian Castro praised the manufactured home industry for making affordable home ownership possible in a recent speech to the Manufactured Housing Institute (MHI), another part of the federal government, the Consumer Financial Protection Bureau (CFPB), restricts lending on manufactured homes valued at $20,000 or less. Some say …

Crucial Vote on MH Lending due in Congress by Dec. 11 Read More

Kitimat B.C. Council Extends Notice Date for MHC Redevelopment

Residents of the two manufactured home communities (MHC) in Kitimat, in the far northern reaches of British Columbia (BC), are on track to receive more security should their communities be repurposed, according to what northernsentinel tells MHProNews. The proposed policy of the Kitimat District will establish time frames and remuneration …

Kitimat B.C. Council Extends Notice Date for MHC Redevelopment Read More

Drew CEO Sells 2,800 shares of Company Stock

In an insider trade, as reported by voicechronicle, Jason Lippert, CEO of Drew Industries, Inc. (NYSE:DW) sold 2,800 shares of company stock at $59.80 per share for a net of $167,440. He still owns 130,711 shares, 0.55 percent of the company’s market cap of $1.41 billion. Company stock has risen …

Drew CEO Sells 2,800 shares of Company Stock Read More

Zacks Posits UFPI will Realize Solid Growth, Issues Strong Buy

With strengthening demand in the U. S. construction market, especially in commercial construction, including housing starts that are expected to remain strong, Universal Forest Products, Inc. (NYSE:UFPI) is well-poised to reap benefits, according to what Zacks tells MHProNews. UFPI anticipates $3 billion in sales by 2017 UFPI will likely gain …

Zacks Posits UFPI will Realize Solid Growth, Issues Strong Buy Read More

Manufactured Home Project Draws Ire of Legislators, Constituents

Responding to a letter sent by Santa Barbara (Calif.) Mayor Helene Schneider regarding the Punta Gorda manufactured housing (MH) project, State Senator Hannah Beth-Jackson (D-Santa Barbara) and Assemblymember Das Williams (D-Carpinteria) released a statement indicating some displeasure with the project, according to noozhawk. Sen. Jackson, noting the importance of community …

Manufactured Home Project Draws Ire of Legislators, Constituents Read More

Wildfires Open Door to Flooding and Mudslides—if California does Get Rain

Updating the story last reported Nov. 4, 2015 that MHProNews has been following concerning the clean-up and rebuild going on in the wake of the Valley and Butte wildfires in California, the new threat to the area, with all the underbrush and vegetation gone, is the possibility of flooding within …

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New Ordinances for MH Communities One Reading Away

After five years of debate and rewriting of manufactured home standards for communities, the Laramie (Wyoming) City Council is one reading away from passing ordinances pertaining to manufactured home communities (MHC), with a final reading set for Dec. 1. They allow pre-HUD Code homes to be moved within a community, …

New Ordinances for MH Communities One Reading Away Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015

What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More

Palo Alto Levying Millions on Manufactured Home Community for Closing

MHProNews published a story on October 18, 2013 reporting that the owners of California’s Buena Vista Mobile Home Park, the Jissers, were interested in selling the community of 104 homes for possibly over $30 million if their plan is approved by the city of Palo Alto, where the median home …

Palo Alto Levying Millions on Manufactured Home Community for Closing Read More

Patrick Board Member Welch Acquires 9,800 Shares of Stock

MHProNews has learned from indsidertradingreport that M. Scott Welch, a board member of Patrick Industries, Inc., purchased 9,800 shares of company stock at $39.71 per share for a net of $ 391,353.44 on Nov. 18, 2015 and was disclosed to the Securities and Exchange Commission on Nov. 20,2015. As MHProNews …

Patrick Board Member Welch Acquires 9,800 Shares of Stock Read More

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