Why would The Blackstone Group (BX) enter the manufactured home industry quietly, instead of with fanfare? Let that question percolate in your mind for a bit, because if a large operation like Bloomberg can’t pry an official statement out of Blackstone, then surely they must think they have a good reason? Keep in mind other …
Blackstone, Bain Capital, CityLab, and Inside the Manufactured Housing Outlook Read More »
“When in the course of human events…” Day by day, people make life-changing decisions. Those choices can be for good or ill. A fact without context may have little discernible meaning. To properly understand the present, or any moment in time, one must understand what occurred previously. In the famous George Orwell’s dark novel, 1984, …
Profits, Understanding Human Events, and Manufactured Housing Read More »
1776 to 2018 and beyond. The issues of Life, Liberty and Property were as important when Thomas Jefferson drafted the Declaration of Independence as they are today, or will be tomorrow. And it very much matters to our industry, investors, and related professions. When Sam Zell said they discovered that at Equity LifeStyle Properties …
Life, Liberty, Property – Supreme Court – and Manufactured Housing Read More »
A) In manufactured housing production, the elephant in the room is Clayton Homes. They are owned by Berkshire Hathaway, which also owns the 2 largest industry lenders, 21st Mortgage and Vanderbilt Mortgage and Finance (VMF). Berkshire also owns a large stake in the industry’s third largest single family manufactured home loan lender, Wells Fargo. There …
Facebook has a neat feature that reminds you of some post from the past. This morning, that Facebook feature reminded me of a post about MHVille that was from two years ago. We’ve begun to use the phrase – “wheat and chaff” – more often to describe the point that people and sources of …
Facebook, Manufactured Housing, and American Drama Read More »
S. 2155 is poised to pass the House today. It’s styled “Economic Growth, Regulatory Relief, and Consumer Protection Act.” Should the bill pass – and Skopos Labs/GovTrack say there is a 56 percent chance of enactment – then the following is what you can expect from the Arlington, VA based national manufactured housing association …
In the aftermath of last year’s Manufactured Housing Institute (MHI) annual meeting, an MHI advocate metaphorically taunted MHProNews for our reporting on looming protests of their meeting. That skeptic isn’t doubting the forecast of MHAction protests any more. MHAction initially targeted the MHI annual event in Orlando last year. But a combination of disruptive factors …
Anti-MH Industry MHAction Protesters Have Struck Manufactured Housing Again, and Again Read More »
Manufactured Housing is every bit as “amazing” as HUD Secretary Carson said in a video found on MHLivingNews.com. Secretary Carson had even more to say, his full prepared statements are exclusively found at this link here. Manufactured homes are indeed a “phenomenon,” as award-winning industry veteran Ron Thomas, Sr. told MHProNews. The industry needs good …
Warren Buffett’s Annual Letter to Berkshire Hathaway Shareholders, and their annual shareholders meeting, are writ large on the calendar for investors. The same can be said for professionals who are in or researching – or in – the manufactured home industry. Clayton Homes – led by company founder Jim Clayton’s son, Kevin Clayton – become …
Executive summary. To solve a problem, to tap an opportunity, one must discover the root causes and address those core issues. There are numerous untold stories in the manufactured housing industry. The common stories read and seen in mainstream news tend to leave the uninformed with the impression that manufactured home owners got …
Happy MH Owners? Good Professional Actors? Overlooked, “Honorable People” Read More »
