An OpEd in Tampa’s tbo entitled Fairness and Respect for Florida’s Manufactured Home Owners has put a local focus on the OpEd in thehill in which MHLivingNews and MHProNews publisher L. A. “Tony” Kovch notes the unintended consequences of the Dodd-Frank Act that make lending on manufactured homes valued at or …
Tampa OpEd Calling for Fairness and Respect Resonating with Manufactured Home Industry Read More
In its quarterly earnings report for Q2, 2015, Patrick Industries, Inc. (NASDAQ:PATK) reported $0.78 earnings per share, beating the Thomson Reuters consensus estimate of $0.73 by $0.05, according to AnalystRatingsNet. Revenue of $233.50 million was just short of the consensus estimate of $239.80. CL King had set a “buy” rating …
Patrick bests Analysts Estimates on Earnings Per Share Read More
Capital One informs MHProNews that during the past 45 days it has completed 17 transactions for manufactured housing community investors providing over $150 million in funding. Led by Senior Vice Presidents Chad Thomas Hagwood and Damon Reed, the properties were located in Arizona, California, Colorado and Oregon, indicating the wide …
Capital One Closes $150 Million in Deals in 45 Days Read More
Port St. Joe, Florida residents are up in arms over the proposed siting of a manufactured home (MH) in their subdivision, according to whjg-tv, saying it will lower their property values. Some residents are not sure if it is an MH or modular, leading the city to put a stop …
Florida City wants to Extend ban on Manufactured Homes Read More
Sun Communities, Inc. (NYSE:SUI) reported earnings of $0.87 per share for the second quarter, besting analysts expectations by $0.04 per share, and besting earnings for the same quarter last year by $0.09 per share, according to dakotafinancialnews. Sun’s revenue was up 40 percent on a year-over-year basis, $165.90 million for …
In the wake of the story MHProNews posted July 22, 2015 regarding the city council of Huntsville, Texas changing its mind to allow manufactured homes (MH) within the city limits after first denying their placement, Executive Director D. J. Pendleton of the Texas Manufactured Housing Association (TMHA) has issued a …
Seeking Problems/Success Stories with Siting Manufactured Homes in Texas Read More
The General Services Administration has issued a Request for Information (RFI) entitled Standardization of Floor Plan Design for Manufactured Housing Units which is solely for information and planning purposes, and MHProNews understands is not a Request for Proposal (RFP). Any solicitations will be synopsized on the Federal Business Opportunities (FedBizOpps) …
Federal Emergency Management Agency Seeking Manufactured Home Suppliers Read More
Baby boomers, rising rents, retirees and rising home prices are driving demand for affordable housing, which in turn is propelling the manufactured housing real estate investment trust (REIT) sector, pushing it to a year-to-date return of 13.13 percent, far above the -1.07 percent average for the FTSE NAREIT All Equity …
With a target price set at $64.00, Zacks has upgraded shares of Equity LifeStyle Properties, Inc (NYSE:ELS) from a hold rating to a buy rating, according to lulegacy. Shares of the real estate investment trust (REIT) opened at $56.87 on Monday, and closed Tuesday, July 28 at $57.07, approaching the …
Manufactured Home Community Owner ELS has Investors’ Attention Read More
Following a story MHProNews last posted June 25, 2015 regarding a request for expansion of a manufactured home community (MHC) on what was once part of the Southgate Estates MHC in Bloomington, Illinois, the city council denied the proposal. Although the planning commission had recommended approval, the city council voted …
City Council Rejects Current Plan for Manufactured Home Community Expansion Read More
An order by the Prince George City Council of British Columbia, Canada for the Lombardy Mobile Home Park to clean up unsightly property has only been partially adhered to, so city crews will go in and make sure the remainder of the order is fulfilled. A report indicates abut half …
MHProNews has been informed by Ross Kinzler, Executive Director of the Wisconsin Housing Alliance (WHA) that his Assistant Executive Director, Amy Bliss, has hired Laurie Mercurio as their new communications director. An AMS certified meteorologist, she has been an on-air weather and news reporter at WKOW-TV in Madison, WI. A …
State MH Associations: New Face in Wis., New Address in Ohio Read More
Consistent with what the Manufactured Housing Association for Regulatory Reform (MHARR) has been asking for since 2000, MHARR informs MHProNews that the Department of Housing and Urban Development (HUD) manufactured housing program may be increasing payments to State Administrative Agencies (SAAs). Currently, the SAAs receive $2.50 per floor for each …
HUD Manufactured Housing Program may Increase State Payments; MHCC to Meet Read More
According to reuters, the U. S Court of Appeals for the District of Columbia Circuit has ruled the State National Bank of Big Spring, Texas has legal standing to challenge the constitutionality of the Consumer Financial Protection Bureau (CFPB) as well as the appointment of its director, Richard Cordray. Being …
Appeals Court Rules Challenge to CFPB’s Existence can Move Forward Read More
What’s New in public focused Manufactured HomeLivingNews.com > A Hunter and Native American Decorator’s Dream! John Howard’s Home, Inside MH Road Show Video > How A Manufactured Modular Home Production Center Achieves Savings and Quality – Inside MH Video with Mike Stone > 4 Easy Ways to Keep Your Home Clean What’s New …
Sunday Morning Recap-Manufactured Housing Industry News July 19-July 26, 2015 Read More
A variance request by Ridge Park LLC to allow for the placement of 28 modified shipping containers for worker housing was passed by the Calcasieu Parish Planning and Zoning Board in Louisiana. The property had been re-re-zoned in 2013 from Agricultural and Mixed Residential to R-MHP — Manufactured Home Park, …
Modular Workforce Housing Planned for Southwest Louisiana Read More
The Manufactured Housing Institute (MHI) informs MHProNews on Thursday, the Senate Appropriations Committee passed its Fiscal Year 2016 Financial Services and General Government Appropriations bill, which includes the Preserving Access to Manufactured Housing Act (S. 682/H.R. 650) per Senate Banking Committee Chairman Richard Shelby’s (R-AL) request. While passage of the …
Help Ensure Passage of The Preserving Access to Manufactured Housing Act Read More
Real estate investment trust (REIT) and manufactured home community (MHC) owner UMH Properties, Inc. will host its Q2 2015 financial results webcast and conference call on Friday, August 7, at 10:00 AM EST. Senior management will be on hand to discuss the results as well as current market conditions and …
UMH Properties Set to Release Q2 Financials Aug. 7 Read More
MHProNews has learned from Capital One that the company has arranged a $14 million Fannie Mae fixed-rate loan to refinance Rincon Country Mobile Home Park in Tucson, Arizona. Damon Reed, Senior Vice President and Capital One’s Director of MHC (manufactured housing community) Finance arranged the transaction to retire existing higher-rate …
MHProNews has learned from marketwatch that Elkhart, Indiana-based Drew Industries, Inc., (NYSE:DW) will release its Q2 2015 financials before the market opens on Tuesday, Aug. 4, 2015, to be followed by a conference call later that same morning at 11 AM EST to discuss the results and other business matters. …
Drew Industries to Release Second Quarter Financials Read More
