Manufactured Homes Archives

Jul 7 2015July 6, 2015

Australia’s Ingenia Acquires Manufactured Home Community in Brisbane

By Matthew Silver / July 7, 2015 July 6, 2015 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes

MHPronews has learned from couriermail Ingenia Communities Group has acquired manufactured home community Upstream Bethania in its target market of Brisbane, Australia, and very near to Chambers Pines Lifestyle Resort, another recent purchase. The newest acquisition has 54 developed homesites, and work will begin immediately on the 74 additional approved …

Australia’s Ingenia Acquires Manufactured Home Community in Brisbane Read More

Jul 6 2015July 6, 2015

May Manufactured Home Production Shows Modest Gain

By Matthew Silver / July 6, 2015 July 6, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes

According to official statistics released by the U. S. Department of Housing and Urban Development (HUD), production of HUD Code manufactured homes hit 5,798 in May, 2015, a modest increase of 1.1 percent over the 5,733 homes built in May of 2014. However, industry production on the year is 8.8 …

May Manufactured Home Production Shows Modest Gain Read More

Jul 6 2015

Record Attendance Expected at the RV/MH Induction Ceremony

By Matthew Silver / July 6, 2015 July 6, 2015 / Awards, Manufactured and Modular Housing News, Manufactured Homes, RV

Registrations for the 2015 RV/MH Hall of Fame Induction Dinner set for Monday, Aug. 3 are running 13 percent ahead of last year’s record-breaking attendance of 447, according to Darryl Searer, president of the RV/MH Hall of Fame (Hall). There are less than 30 days to register for the event …

Record Attendance Expected at the RV/MH Induction Ceremony Read More

Jul 6 2015

Demand Continues for Manufactured Homes in the Twin Cities

By Matthew Silver / July 6, 2015 July 6, 2015 / Business, Communities, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People, Trends

While the startribune informs MHProNews that manufactured homes (MH) were the original affordable housing in rural and suburban Minnesota, in the twin cities area of Minneapolis-St. Paul the number of occupied MH has fallen 12 percent since 2001 to 13,660 homes. Nationally, the number of manufactured homes shipped dropped drastically …

Demand Continues for Manufactured Homes in the Twin Cities Read More

Jul 5 2015July 4, 2015

Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015

By Matthew Silver / July 5, 2015 July 4, 2015 / Business, Canada, Communities, Company News, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

Our goal in presenting news and views from the manufactured and modular home industry is to help you, our readers, make the best possible decision in your business. To that end, we continue to upgrade our presentation to better inform you. In this week’s news you will read of developments …

Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015 Read More

Jul 4 2015

Restrictions Lifted on Manufactured Homes Siting

By Matthew Silver / July 4, 2015 July 4, 2015 / Business, Canada, Communities, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation

The appeal to people who cannot afford traditional built homes is leading the city of Medicine Hat, Alberta, Canada to alter its land use rules for manufactured and modular homes so that any singe-detached home can be classified as a dwelling and sited anywhere in town. Planning Commission Chairman Brian …

Restrictions Lifted on Manufactured Homes Siting Read More

Jul 3 2015

Gendell Sheds another Chunk of Patrick Stock

By Matthew Silver / July 3, 2015 July 3, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

Following up on stories from June 8 and June 19, 2015 regarding the sale of shares of Patrick Industries, Inc. (NYSE:PATK) by Jeffrey L. Et Al Gendell, wkrb13 informs MHProNews that Gendell sold another 2,700 shares of the company’s stock at $39.05 per share for a net value of $105,435.00. …

Gendell Sheds another Chunk of Patrick Stock Read More

Jul 3 2015

Equity LifeStyle Acquires Recreational Vehicle Resort in Florida

By Matthew Silver / July 3, 2015 July 3, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

The Miami Everglades RV Resort in southwest Miami has been sold for $9.84 million by Miami Everglades Campground of Friendswood, Texas to MHC Miami Everglades, which is part of Equity LifeStyle Properties, Inc. (NYSE:ELS) of Chicago. Developed in 1970, the property includes cabins, a main store and a swimming pool. …

Equity LifeStyle Acquires Recreational Vehicle Resort in Florida Read More

Jul 3 2015

Rentals Increasing for UMH; Date Set for Releasing Q2 2015 Results

By Matthew Silver / July 3, 2015 July 3, 2015 / Business, Communities, Company News, home buyers, Manufactured and Modular Housing News, Manufactured Homes

With buyers experiencing difficulties finding financing to buy manufactured homes (MH), UMH Properties, Inc. (NYSE:UMH) President and CEO Sam Landy says the company is doing well with rentals and expects occupancy rates to reach “high 90 percent,” according to reit. Noting that the company intends to add 500 rental units …

Rentals Increasing for UMH; Date Set for Releasing Q2 2015 Results Read More

Jul 2 2015

Redeveloping Land Lease Community Put on Hold Again

By Matthew Silver / July 2, 2015 July 2, 2015 / Canada, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Updating a story MHProNews last posted June 16, 2015 regarding the repurposing of a manufactured home community (MHC) into a senior’s health care facility, thenownewspaper reports the Surrey (British Columbia, Canada) City Council has for the second time delayed approval of the project, this time in a 5-4 vote. With …

Redeveloping Land Lease Community Put on Hold Again Read More

Jul 2 2015July 1, 2015

Manufactured Housing on Table for UK Affordable Housing Confab

By Matthew Silver / July 2, 2015 July 1, 2015 / Business, Economy, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

The government in the United Kingdom continues to fall short of providing affordable housing because of its reliance on the private sector, according to worldcement/europe. Noting the need for 250,000 homes annually to tackle the spiraling home prices and the critical shortage of affordable housing, MHProNews understands the benefits of …

Manufactured Housing on Table for UK Affordable Housing Confab Read More

Jul 2 2015

The Greenback Boogie – CFPB’s Manufactured Housing Appraisal Rule hits July 18, 2015

By MHProNews / July 2, 2015 July 2, 2015 / Finance, Manufactured and Modular Housing News, Manufactured Homes, mobile home

“The manufactured housing industry’s professionals are racing to contort themselves into yet another new shape to fit their federal masters.” So sayeth a company official off-the-record to MHProNews, as the new Consumer Financial Protection Bureau (CFPB) appraisal rules hits home on July 18th, 2015. State associations and the Manufactured Housing …

The Greenback Boogie – CFPB’s Manufactured Housing Appraisal Rule hits July 18, 2015 Read More

Jul 1 2015

Urban Land Institute Chooses Randall K. Rowe as Chairman

By Matthew Silver / July 1, 2015 July 1, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People, RV

Randall K. Rowe, Chairman of Green Courte Partners, LLC has been chosen to lead a global organization dedicated to creating communities that are livable, economically prosperous and environmentally sustainable. As Global Chairman of the Urban Land Institute (ULI), an education and research non-profit founded in 1936, Rowe will have three …

Urban Land Institute Chooses Randall K. Rowe as Chairman Read More

Jul 1 2015July 14, 2015

Low Interest Mortgages Offered to Manufactured Home Community Residents

By Matthew Silver / July 1, 2015 July 14, 2015 / Factory-Built Homes, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

Low-income Vermont homebuyers interested in purchasing a high performance modular home made by Vermod of Wilder, Vermont may be eligible for a 30-year mortgage at 3.25 percent interest if the home is sited in a manufactured home community (MHC). Under the USDA Energy Efficient Manufactured Home Pilot Program, if the …

Low Interest Mortgages Offered to Manufactured Home Community Residents Read More

Jul 1 2015

Capital One Arranges Financing for Manufactured Home Community

By Matthew Silver / July 1, 2015 July 1, 2015 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned Capital One arranged an $11.9 million fixed-rate Freddie Mac loan to refinance Catalina Village, an all-age manufactured home community (MHC) in Phoenix, Arizona. The borrower has owned Catalina for 20 years and regular investments in capital improvements have helped maintain a high occupancy rate. Proximity to two …

Capital One Arranges Financing for Manufactured Home Community Read More

Jun 30 2015

Proposal Restricts Siting of Manufactured Homes

By Matthew Silver / June 30, 2015 June 30, 2015 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

In a legal ruling similar to one MHProNews reported June 29, 2015, regarding the siting of manufactured homes (MH) within a jurisdiction based upon age, Lake County, California is proposing to exclude homes older than ten years, but with exceptions. If the home has been owned by the applicant for …

Proposal Restricts Siting of Manufactured Homes Read More

Jun 30 2015

Home Ownership for Millennials could Lead to Manufactured Homes

By Matthew Silver / June 30, 2015 June 30, 2015 / Business, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

Noting that the current rate of homeownership of 63.8 percent is the lowest since 1989, A. Mechele Dickerson writes in nationalmortgagenews that the housing industry needs to be more creative in the housing it builds, and local jurisdictions need to be more flexible in the types of housing allowed in …

Home Ownership for Millennials could Lead to Manufactured Homes Read More

Jun 30 2015

SSK Communities Plans Revamping of Manufactured Home Community

By Matthew Silver / June 30, 2015 June 30, 2015 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

MHPronews has learned from wfie14news that SSK Communities has acquired the 353 home site Lamp Lite Estates manufactured home community (MHC) in Owensboro, Kentucky and intends to “make significant improvements” which will include changing the name to Riverbend Pointe. Nathan Smith, SSK co-founder and Chairman of the Board of Directors …

SSK Communities Plans Revamping of Manufactured Home Community Read More

Jun 30 2015

Cavco will Retain Fairmont’s Employees, Expand its Customer Base

By Matthew Silver / June 30, 2015 June 30, 2015 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

Following a story MHProNews last posted June 19, 2015, regarding Cavco Industries’ purchase of Fairmont Homes and subsequent request for tax abatements from the city of Nappanee, Indiana for production upgrades, the Nappanee City Council approved a $40,000 tax phase-in for equipment purchases and employee training. Noting that Fairmont’s products …

Cavco will Retain Fairmont’s Employees, Expand its Customer Base Read More

Jun 26 2015June 25, 2015

Tax Bills Mailed for Manufactured Homes in Ohio

By Matthew Silver / June 26, 2015 June 25, 2015 / Finance, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from timesleader of Martins Ferry, Ohio that Harrison County Treasurer Vicki Sefsick announced all real estate and manufactured home bills for the county for the second half of the 2015 toax season have been mailed to those who own property or manufactured homes. The county seat, Cadiz, …

Tax Bills Mailed for Manufactured Homes in Ohio Read More

Manufactured Homes

Latest Daily Business News

Latest Daily Business News

Blogs

Profesional Services

Send Us a Message:

Classifieds:

Weekly Newsletter

Latest
Daily Business News

Latest
Daily Business News