Fox Business and CNBC were among the networks that carried the news that president-elect Donald J. Trump has been assured by Spring that they will be brining 5,000 jobs back to the U.S. This continues a pattern of other job creating or saving announcements, including: Dec 14, 2016 -SoftBank Telecommunications: …
U.S. Winning on Jobs, plus Dow Jones Milestones Chart Read More
Breaking news – President-elect Donald Trump has announced that Sprint will be bringing thousands of jobs – about 5000 – back to the United States. A new company – OneWeb is hiring 3,000 people – the president-elect announced at a news conference minutes after 5 PM ET. Noteworthy headlines on CNNMoney –Trump’s …
Skyline, LPX Drop! Sun & ELS Buck Dive, MHCV Slips Again, Broader Markets Retreat Read More
A flurry of comments follows the controversial, and many would say, flawed story by National Public Radio’s (NPR) correspondent, Daniel Zwerdling. Broadcast on NPR’s All Things Considered, one professional suggested that the taxpayer-sponsored program ought to be renamed, Only Progressive Viewpoints Considered. Tim Williams, M. Mark Weiss and community owner/investor …
In a story that the Daily Business News originally covered in September, residents at the Lowry Grove Mobile Home Park in St. Anthony, Minnesota have received news that the deadline for closing the community has been pushed from March 15 to June 30, 2017, the end of the school year. …
Noteworthy headlines on CNNMoney – Carrie Fisher, ‘Star Wars’ Princess Leia, dies at 60. Obamacare premium hikes called ‘one-time’ fix. Feds bust Chinese hackers over stolen law firm secrets. Europe’s weakest bank needs even more help. Saudi Arabia will tax expats and hike gas prices again. Noteworthy headlines on MarketWatch …
UFPI, LPX lead gainers, as MHCV slides, Nasdaq New Record, No 20000 Dow, yet Read More
“The government estimates there are more than 8 million manufactured houses in America,” said Daniel Zwerdling, on National Public Radio’s (NPR) All Things Considered. “They’re a major source of low-income housing. But Syringa shows that the legal and financial ways that mobile home communities are set up often turn the …
Pitkin County, Colorado commissioners have elected to advance their planned acquisition of the 76.3 acre Phillips Mobile Home Park in Snowmass, with a focus on preserving affordable housing options. According to the Aspen Daily News, current owner, Helen Noyes, and her son, Hiram, have continued to maintain the property as …
County to Buy Manufactured Home Community, to Preserve Affordable Housing Read More
In a hotly contested property rights versus residents rights case, originally covered by the Daily Business News in September, a Santa Clara County, California Superior Court judge has reversed an order to close Buena Vista Mobile Home Park, Palo Alto’s last manufactured home community, based on a court filing from …
Judge Reverses Controversial Decision to Close Manufactured Home Community Read More
Affiliated Managers Group Inc. (NYSE:AMG) has seen a flurry of activity recently. Per Baseball News Source, CEO Sean M. Healey sold 62,000 shares of stock on December 15th. The stock was sold at an average price of $154.84, for a total transaction of $9,600,080.00. Healey now directly owns 122,292 shares in …
Insider Selling, Investor Movement at Affiliated Managers Group Inc. Read More
Sun Communities Inc. (NYSE:SUI) has seen several insiders, investors and analysts taking action recently. According to Community Financial News, Director Stephanie W. Bergeron sold 4,850 shares of stock on November 17th. The stock was sold at an average price of $70.63, for a total value of $342,555.50. Bergeron now owns …
Insider Trades, Plus Investor Action, Announcements at Sun Communities Read More
On December 20th, the Department of Housing an Urban Development (HUD) announced that it has awarded a record $1.95 billion to numerous homeless assistance programs across the U.S., including Puerto Rico, Guam, and the U.S. Virgin Islands. “As part of the Obama Administration’s effort to prevent and end homelessness, the …
HUD Announces Record $1.9 Billion in Grants to “End Homelessness” Read More
In a follow up to a story that the Daily Business News originally covered in October, hundreds of residents are now facing imminent eviction from the East End Mobile Home Park in Manassas, Virginia. And, once again, they are asking the city council to help. But they feel that they …
Residents Facing Eviction Ask City Council for Lifeline Read More
As December rolls on, the current featured articles are found on the MHProNews home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, …
The Christmas spirit is alive and well around the nation in the manufactured housing industry this season. Michael A. McClendon runs a nonprofit outreach organization, Whatever It Takes, that was designed to help homeless men. Then, a woman approached him in need with her two children. Her husband had beaten …
Christmas! Business Donates Manufactured Homes to Those in Need Read More
Universal Forest Products Inc. (NASDAQ:UFPI) has seen investors make moves in the company, led by Shinko Asset Management Co. Ltd. reducing its stake in the company by 30.6 percent during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). A number of other institutional …
Inside Recent Moves at Universal Forest Products Inc. Read More
Noteworthy headlines on CNNMoney – Just how far will Trump go on China and Mexico? DOJ vs. banks: $60B in fines for toxic mortgages. Be “very afraid” about globalization’s next phase. Deutsche Bank strikes $7.2 billion deal with U.S. Some bullets from MarketWatch – Putin says Democrats lost U.S. election …
NorthStar, Drew Industries, Manufactured Housing CV and Markets End Up Read More
Data from the National Association of Realtors (NAR) shows that Americans bought homes in November at the fastest pace in nearly a decade. Sales of existing homes rose 0.7 percent last month to a seasonally adjusted annual rate of 5.61 million housing units. That was up from a downwardly revised …
U.S. Existing Homes Sales Reach Highest Level in Nine Years Read More
In addition to working towards a solution to quality, affordable housing options for the U.S., the manufactured housing industry also has heart. In Delaware, members of the First State Manufactured Housing Association donated generously to help make the 2016 holiday season more joyful. According to the Cape Gazette, over $3,000 …
Manufactured Housing Association Delivers Christmas for Communities Read More
Noteworthy headlines on CNNMoney – U.S. inequality keeps getting uglier. Elizabeth Warren watchdog under siege. Economy is stronger than we thought. Trump picks press secretary, communications director. Some bullets from MarketWatch – Five ways Trump will give Americans more opportunities. Icahn: If you’re going to have a trade war with …
Skyline, Sun Communities Up, Down Day Manufactured Housing CV, Broader Markets Slip Again Read More
Toronto, Canada based Tricon Capital Group Inc. (TCN.TO), recently announced that its Tricon Lifestyle Communities (“TLC”) investment vertical has acquired a portfolio of three manufactured housing communities in California comprising a total of 421 residential pads for $30.4 million. Tricon Capital tells the Daily Business News that two of the …
Inside Look – Tricon Capital’s Recent Manufactured Home Community Moves Read More
