This graph received by MHProNews from Rob Ripperda of the Texas Manufactured Housing Association (TMHA) depicts sales of new and used manufactured homes in Texas for 2013 thru 2014. Numbers may change slightly for December as we are just past the 75-day time reporting deadline. Texas leads all other states …
MHProNews has learned from prnewswire that the board of directors of Drew Industries, of Elkhart, Indiana, has declared a special dividend of $2.00 per share of common stock. The dividend is payable April 10, 2015 to shareholders of record as of March 27, 2015. Drew is a supplier of components …
Drew Board Authorizes Special Dividend for Shareholders Read More
For its first quarter ending Jan. 31, 2015, Nobility Homes reports sales increased 35 percent to $5,576,800 over $4,137,438 for the same quarter of 2014. Gross profit was $1,172,769 for Q1 2015 versus $745,530 for the same period 2014. First quarter income from operations for 2015 equaled $424,820 as compared …
Sales, Income Increase Marks Nobility Homes First Quarter 2015 Read More
In another of a series about the quality of life and inexpensive living in a manufactured home in Florida, Scott Burns of dallasnews tells MHProNews that among the Tuscan-style villas along the Gulf Coast are resident-owned manufactured home communities. He notes a 5 acre community, Cortez Park, with 79 homes, …
Budget-Conscious Couple Live part-time in Manufactured Home Community Read More
Manufactured Home Sliding off Foundation; State Inspector Notes Dangers MHARR Objects to DOE Energy Standards for Manufactured Housing Dow Slides Again, MHCV Slips, Skyline Advances RVIA Honors RVIC/IMHA Director Mark Bowersox UMH Properties Reports Sustained Growth for Q4 2014 Modular Hotel for Brooklyn being Built in Poland Indicators of New …
After the manufactured home of Mary and Dick Deweese was sited on a homesite at the Worthington Arms Manufactured Home Community in Lewis Center, Ohio, it began sliding towards a creek that ran beside it, according to what 10tv tells MHProNews. Dick Deweese said he has to put tape around …
Manufactured Home Sliding off Foundation; State Inspector Notes Dangers Read More
MHProNews has learned from rvbusiness that Mark Bowersox, executive director of the Recreational Vehicle Indiana Council and the Indiana Manufactured Housing Association (RVIC/IMHA), has been honored by the Recreation Vehicle Industry Association (RVIA) with the National Legislative Award. Bowersox was recognized for his leadership in addressing the Department of Housing …
In the company’s year end and Q4 conference call, UMH’s president and CEO Samuel Landy says the company acquired 14 manufactured home communities (MHC) comprised of 1,600 developed homesites for $42.6 million, representing an increase in home sites of 12 percent. In addition, UMH acquired an MHC in Erie, Pennsylvania …
UMH Properties Reports Sustained Growth for Q4 2014 Read More
In a sign that the home-building industry is set for a busy spring season, John Burns Real Estate Consulting Inc. reports a survey of home builders indicates Feb. 2015 sales were up 12 percent from the same month last year. Gains were strongest in the West and Northwest, he says …
The Clayton Homes manufacturing facility in Rutledge, Tennessee has become the first homebuilder among members of the Manufactured Housing Institute (MHI) to receive the ISO 14001 Certification. This achievement is based on reducing waste through the recycling of building materials and lowering energy consumption. According to Wikipedia, ISO 14001 sets …
Clayton Homes Reaches International Standard for Reducing Waste and Energy Usage Read More
According to rejournals, Capital One Multifamily Finance arranged for a $9.5 million fixed-rate loan to refinance Burkhart Ridge Mobile Estates, a 306-homesite manufactured home community in Howell, Michigan, near Detroit. The ten-year loan has one year of interest-only payments and a 30-year amortization. Damon Reed, director of MHC finance for …
Capital One Scores another Manufactured Home Community Refinance Read More
MHProNews has learned from Andy Gallagher, executive director of the West Virginia Housing Institute (WVHI), that prominent speakers will grace this year’s WVHI convention, June 22-24, to be held in Roanoke, WV at the Stonewall Resort. Pamela Beck Danner, the Department of Housing and Urban Development’s (HUD) administrator for manufactured …
Manufactured Housing Head, Pamela Beck Danner, to Speak at W.VA. Convention Read More
Updating a story about the reintroduced Preserving Access to Manufactured Housing bill in the U. S. Senate, co-sponsored by Sen. Joe Donnelly (D-IN), CEO Dick Jennison of the Manufactured Housing Institute (MHI) calls Sen. Donnelly a “champion” of the industry. Donnelly has high hopes for this measure which did not …
Sen. Donnelly Foresees Passage of Preserving Access to Manufactured Housing Read More
The Manufactured Housing Institute (MHI) informs MHProNews in its monthly economic report that the 4,942 shipments of HUD Code manufactured homes in January 2015 represents an increase of 14.7 percent over January 2014. MHI reports shipments of single-section homes rose by 28.8 percent over the same month last year, and …
HUD Code Production Rises; Number of Producers Declines Read More
MHProNews has learned from abladvisor that Capital One Multifamily Finance has arranged a $7.3 million Fannie Mae fixed-rate loan package to refinance Rodeo Mobile Estates, an age-restricted 55+ community of 204 homesites in Soquel, California. “Having operated this seniors community since 1998, the owners wanted to provide funding to maintain …
Capital One Arranges $7.3M Fannie Mae Loan for Manufactured Home Community Read More
Manufactured home communities around Midland, Texas where the oil industry has been bustling are not suffering despite the drop in international oil prices. Chase Gardaphe opened the 171-homesite Stonegate Manufactured Housing Community in Jan. 2014 and filled up in five months. He plans to open a larger community, saying a …
Oil Price Drop not Affecting Manufactured Home Communities in Texas Town Read More
The Santa Clarita, California City Council is expected to approve a second hearing on rent increases for residents of manufactured homes following a Feb. meeting that saw dozens of MH residents oppose the minimum increases. Erin Lay, housing program administrator for the city, said one change from the first hearing …
City Council sets Rent Increases for Manufactured Home Communities Read More
A bi-partisan group of U. S. senators have reintroduced the Preserving Access to Manufactured Housing Act so fewer manufactured home loans are classified as high cost. Senators Joe Manchin (D-W.VA), Joe Donnelly (D-IN), Pat Toomey (R-PA) and Tom Cotton (R-AR) filed the bill that will alter the thresholds under the …
Preserving Access to Manufactured Housing Act Reintroduced in Senate Read More
The Virginia Manufactured and Modular Housing Association (VAMMHA) informs MHProNews that association members and their employees, their children and grandchildren, are eligible for scholarships. The scholarships are to be awarded by the VAAMHA at the March board meeting. Nominees must have a minimum 3.0 grade point average and may be …
The Country Lakes Co-Op Inc., a resident-owned manufactured home community in Palmetto, Florida, with 471 homesites, has homes for sale with and without a co-op share. The homes range from $12,000 to about $35,000 without a co-op share, according to Judy Smith who lives here and is licensed to sell …
Resident-Owned Manufactured Home Communities offer Savings Read More
