According to prominent Manufactured Housing Institute (MHI) member Cavco Industries (CVCO), there is a need for 6 million affordable housing units in the U.S. More recently, Representative Ilhan Omar (MN-D) proposed a plan for the U.S. government to help fund construction of 12 million affordable housing units. Those are two of several possible examples that illustrate that successfully dealing with the affordable housing crisis will require millions of new units. That may explain why Multi-Housing News (MHN) writer Laura Calugar interviewed MHI CEO Lesli McCollum Gooch, Ph.D., for an article entitled “MHN Asks: Why Isn’t There More Manufactured Housing?” That subject is obviously timely. But an outcry by industry professionals that read Calugar’s interview of Gooch claim it is riddled with errors, half-truths, and contradicts some MHI, Gooch, Cavco statements, and current federal law among other concerns. MHProNews reached out Calugar at Multi-Housing News, and then to senior editorial staff at MHN. An emailed reply from MHN’s Executive Editor Therese Fitzgerald is provided in this report, fact check, and analysis that follows in Part I.

According to the Yardi website, Multi Housing News (MHN) is part of “Yardi Companies & Affiliates.”

According to the previous Manufactured Housing Institute (MHI) document linked here, Yardi is an MHI member firm.

Among the issues raised by the report is that apparent conflicts of interest appear to exist and that the various interconnected relationships involved in this “interview” by MHN’s Calugar of Gooch are not clearly disclosed on the webpage where it is published.

Their About Us page on this date states in part: “MHN delivers timely, in-depth and authoritative analysis of industry news, as well as access to thought leaders’ best practice strategies and proven business solutions.” Words have meaning. As Part I and II of this article will explore, “timely, in-depth and authoritative analysis of industry news” does not properly reflect the character or quality of the content as published by MHN and attributed to MHI CEO Gooch.

There also appears to be several possible examples of violations of the Society of Professional Journalists (SPJ) Code of Ethical Conduct.  Examples of possible breaches of SPJ standards follow in these quotes from their code of ethics page.

Ethical journalism strives to ensure the free exchange of information that is accurate, fair and thorough. An ethical journalist acts with integrity.

Journalists should:

• Take responsibility for the accuracy of their work. Verify information before releasing it. Use original sources whenever possible.
• Remember that neither speed nor format excuses inaccuracy.
• Gather, update and correct information throughout the life of a news story.

• Never deliberately distort facts or context, including visual information. 

Act Independently

The highest and primary obligation of ethical journalism is to serve the public.

Journalists should:

• • Avoid conflicts of interest, real or perceived. Disclose unavoidable conflicts.

Be Accountable and Transparent

• Respond quickly to questions about accuracy, clarity and fairness. 
• Acknowledge mistakes and correct them promptly and prominently. Explain corrections and clarifications carefully and clearly. 

The entire list of ethical standards encouraged by the SPJ are found at this link here.  It is unclear if Yardi/MHN feels bound by those standards or not. It should be noted that the photo of Gooch used by MHN is the same one that MHI has been using for years. Has Gooch not aged? Recall the above from the SPJ: “Never deliberately distort facts or context, including visual information.”

In an unrelated and prior outreach by MHProNews to a different Yardi publication, the following statement was provided in reply.

On Wed, Dec 16, 2020 at 12:09 PM Roxana Popita <Roxana.Popita@yardi.com> wrote:

Thank you, Tony. I see your point and the damage not-educated opinions can bring if taken further.

…

In this particular case and with the information you’ve sent, I’d like to remove the current insights from the article and you and Mark [Weiss, President and CEO of MHARR] (Hi Mark) would be kind enough to help us replace them with your insights.

…

As for the article itself, I’ll have our corporate editor go through it with me and see what updates are in order to make sure we only refer to the growing interest as initially intended. We saw this as a positive outlook on the niche and I’d like to keep this feel.

Without these changes, my only option would be to take down the article completely, but I’d prefer to save the effort the team has put into this with, I can assure you, the best of intentions.

Best,

Roxana”

Roxana Popita’s message arguably was in several respects in keeping with the SPJ ethical standards quoted above.  More on how MHN has responded to the MHProNews outreach on this controversial and arguably misleading interview are provided in Part II.

Part I – Quoting the MHN interview linked here.

Manufactured housing has long been recognized as a vital source of affordable housing, though barriers to wider adoption remain.

“Millions of individuals and families have chosen to live in land-lease manufactured home communities, and demand is growing,” noted Lesli Gooch, CEO of the Manufactured Housing Institute.

The trade organization has been working alongside policymakers to advocate for increased support for this asset class, which serves housing needs in a wide range of communities–from rural to high-cost metropolitan areas.

Multi-Housing News interviewed Gooch to uncover the latest manufactured housing trends and issues.

What stands in the way of developing more MHCs?

Gooch: Like other forms of housing, one of the largest barriers to developing more manufactured housing communities is zoning. Across the country, there are countless examples of state and local zoning, planning and development restrictions that either severely limit or outright prohibit the placement of a manufactured home. …”

Continuing quoting from the MHN interview of Gooch by Calugar linked here.

MHI is working to expand policymaker awareness of manufactured housing and manufactured housing communities so they change land use policies to meet the affordable housing needs in their jurisdictions. There is no question that increased access to manufactured housing will result in more communities being developed as the demand exists for brand new homes that have today’s design features, modern amenities and energy efficiencies at attainable price points located within amenity-rich communities.

It is not a lack of demand for manufactured housing that is the major hindrance, but rather a need to expand access. About 30 percent of the manufactured homes produced today are placed in a manufactured housing community. The demand for living in manufactured housing communities is strong, which is why occupancy rates continue to be very high. Given the financial and lifestyle benefits of owning a manufactured home versus the limitations that come with other affordable housing options, millions of individuals, families and retirees have chosen to live in land-lease manufactured housing communities.

Why is there such a slow pace in zoning changes if affordable housing demand is so high? 

Gooch: Zoning and land planning ordinances have a profound impact on housing patterns. Restrictive ordinances can take many forms: some direct like outright bans and zoning barriers, others more subtle like home age or lot size restrictions. Increased conversation about housing supply has raised awareness of these restrictions, leading to both local and national policymakers working toward changes.

MHI is partnering with HUD on research to assess the specific zoning barriers to manufactured housing. We plan to develop a manufactured housing regulatory index that identifies and evaluates barriers to the placement of manufactured housing. Challenges remain, but by showing policymakers the quality that today’s manufactured homes offer and with the continued engagement of policymakers at all levels of government to address housing supply and affordability challenges we think we are making progress. …”

Part II – Additional Information with More MHProNews Analysis and Commentary

1) In no particular order of importance are the following related items.

Laura,

This article has come to my attention.

https://www.multihousingnews.com/mhn-asks-why-isnt-there-more-manufactured-housing/

Pardon me for being direct, but as the largest and most-read manufactured housing professional trade media, we have years of experience with Ms. Gooch and the Manufactured Housing Institute, which I was elected by industry peers some years ago to serve on one of their boards.

We plan to do a fact check and analysis on that article. Before we publish, I want to give you an opportunity to explain the genesis of that interview. Did Lesli Gooch submit both questions and answers for publication? Or did you give her each of those questions on your own/and or an editor’s at your publication’s initiative?

Did MHI provide a payment or incentive of any kind for that article?

Did you fact check Gooch’s responses to see if her information was accurate?

Please email your responses and/or that of an editor of your publication for our mutual accuracy for our planned report.

Thank you,

L. A. “Tony” 

L. A. “Tony” Kovach
Managing Member
LifeStyle Factory Homes, LLC

DBAs:

MHLivingNews.com | MHProNews.com …”

2)

Suzann D. Silverman, Jessica Fiur, Paul Rosta, Therese Fitzgerald,

We publish the largest and most read manufactured housing industry focused trade media, MHProNews. Since my email to your colleague Laura Calugar (see FWD), I’ve taken a call from an industry pro that is shocked by what was published in the article below.

https://www.multihousingnews.com/mhn-asks-why-isnt-there-more-manufactured-housing/

Per that source, which depending on the backstory, I might largely agree with, there is one of two possibilities. Either Ms. Gooch is ignorant of her own industry or she has used your publication to push a factually misleading agenda. That party thinks this article is so riddled with errors that your publication should withdraw it and issue an apology to your readers.

Without fisking it at this time, I can tell you that in my expert view, Gooch’s remarks contradict statements made by her own trade group, herself, and some of her own publicly traded members. Gooch’s remarks also arguably contradict key aspects of the public record.

We do plan on reporting, but I’d like to give you and your publication an opportunity to respond to the concerns.  My teenage son raised issues Gooch failed to mention and linked the sources that Gooch obviously missed.

https://patch.com/florida/lakeland/tark-i-m-teen-know-solution-affordable-housing-crisis

Before closing, I’d also like to ask. Are you or your parent company a member of the Manufactured Housing Institute (MHI) and or an MHI linked state association?

Please email your response(s) for our mutual accuracy.

See forward that follows and thank you.

L. A. “Tony” Kovach

…

3)

Wow! Did you check out his site? Seems like a lot of what they do. They review other people’s content to see if it agrees/disagrees with their perspective.

Maybe Laura can get some insights from her source.

…

4) A follow up yesterday by MHProNews to Suzann D. Silverman, Jessica Fiur, Paul Rosta, Therese Fitzgerald, has not as of 10:02 AM ET had an apparent reply.

5) To illustrate some of the concerns with Gooch’s article, the following pieces of evidence are useful.

The Manufactured Housing Improvement Act of 2000 (MHIA) is piece of legislation that passed Congress by a widely bipartisan margin and was signed into law by then President William Jefferson “Bill” Clinton (D). It included a provision that is commonly referred to as “enhanced preemption.” Among those who have stressed to HUD and others in written communications the significance of federal preemption in overcoming zoning barriers is Lesli Gooch on behalf of MHI. But federal lawmakers in both the U.S. Senate and the House debated and discussed the importance of federal enhanced preemption as the report linked here details.  The quotes illustration below are a partial list of such relevant comments. The below also mentions the Fannie Mae and Freddie Mac that Gooch mentioned in the interview with MHN and also in prior written comments. Note that the third source for federal preemption is Cavco, previously cited in the preface above in the illustration linked here. William “Bill” Boor was MHI’s vice chairman when those remarks were made by him to Congress last year but is now the Chairman of MHI. Among the takeaways is that it is virtually inconceivable that Gooch is not aware of these statements and facts. The last two items in this illustration/quote graphic are from the Equity LifeStyle Properties (ELS) investor relations (IR) pitch deck and from the Sun Communities (SUI) investor presentation. MHProNews has asked Gooch, several MHI leaders, and their outside attorney David Goch to respond to these items and related concerns. Sources deemed reliable confirm that Gooch and MHI leaders received those inquiries without responding.

6) For those who grasp the significance of the federal law, federal preemption was enhanced by the 2000 Reform Law precisely to overcome the zoning and placement barriers that Gooch claims in her interview with MHN that MHI is working to overcome. The illustration above about Accessory Dwelling Units (ADUs) shows the dramatic impact the preemption has had at the state level in CA and other jurisdictions.

But in a dramatic contrast, this is what has occurred in the 21st century with manufactured housing.

7) The Manufactured Housing Association for Regulatory Reform (MHARR), MHI, the Texas Manufactured Housing Association, and others worked in tandem for about 2 years to enact the MHIA or 2000 Reform Law. The full text of the letter stating the intent of Congress regarding federal preemption (shown again below) is found in a deep dive article linked here.

8) The screen capture of the page of the MHI letter from Gooch to then HUD Secretary Ben Carson that contained the pull quote shown in Part II #5 is shown below.

9) In the preface to this article, MHProNews provided the above which is re-shared below for the convenience of our readers.

Roxana Popita @ yardi.com wrote:

Thank you, Tony. I see your point and the damage not-educated opinions can bring if taken further.

That same principle by Yardi’s Popita, buttressed by the SPJ standards for ethical conduct, ought to be applied to this posted interview.

10) MHI has members, past and present, that believe that the trade group has been thwarting efforts to get HUD to enforce enhanced preemption which is designed precisely to overcome the zoning barriers that Gooch claimed to MHN that they want to achieve with their supposed ‘engagement’ with public officials.  Let’s stress that there is no question that MHI is engaged with those officials, there is evidence for that claim. But what is lacking is evidence that MHI is pressing for enhanced preemption enforcement. See the report linked below for an example of what left-leaning Bing’s AI powered Copilot said about MHI’s behavior on this topic.

Copilot said: “If MHI is genuinely committed to advancing the industry, consistent advocacy for existing laws should be a priority.” Copilot also said: “Prioritizing enforcement of existing laws can have a more immediate impact on affordability and access to manufactured housing.” The context for those remarks by Copilot are found in the deeper dive report with analysis linked here.

11) But let’s illustrate how bizarre MHI’s behavior has been on these issues. On the one hand, they claimed to MHN that they want to overcome zoning barriers.  But some of MHI’s own members have said that matters are getting worse, not better.

MHI told MHN that they are “partnering” with HUD. Really? If so, then why did prior HUD Secretary Marcia Fudge specifically decline enforcing the enhanced preemption provision of the MHIA? That was captured on CSPAN. The video and transcript are provided below, so it is difficult to realistically dispute.

As MHProNews has repeatedly documented, MHProNews mentioned to MHN’s interview author Laura Calugar (see above), and our publications have repeatedly documented. Not only has MHProNews, MHARR, and MHLivingNews dotted the i’s and crossed the t’s, but outside researchers looking in have too. Samuel “Sam” Strommen for Knudson Law alleged in a 17-page research report that MHI is engaged in an antitrust violating scheme. See those and related in the links below that quote illustration.

12) In the interview with MHN, Gooch fails to mention that multiple MHI member firms and/or members of MHI linked state association stand credibly accused of behavior that violates MHI’s code of ethical conduct. That failure to be candid and clear is on Gooch and MHI. But there is arguably a responsibility, that Yardi’s Popita and the SPJ Code of Ethical Conduct both point to, that MHN ought to exercise. Right now, the interview with Gooch is more like posturing, paltering, and propaganda than it is a genuine interview that presents news which supposedly meets MHN standards.

13) Mainstream media, The Patch recently published the item shown below about MHI member Frank Rolfe that said in part that he blames MHI and that there is no serious desire to address the affordable housing crisis.

MHProNews Notice: that this writer for MHProNews plans to do at least two follow ups to this article. There will either be a post on the Patch and/or a media release that highlights this issue and how MHI and MHN deal with the concerns raised. There will also be a follow up that will provide any follow ups from MHN, MHI, et al, and will review the balance of the problematic content in the MHN-Gooch interview.

14) The takeaways and concerns that this “interview” raise are many. But some of them, in no particular order of importance, are as follows.

a) There is apparent evidence that Gooch is using MHN. Perhaps they are okay with being so used, perhaps not. But at this point what is clear is that information that contradicts many of Gooch’s claims are readily available.

b) A simple Google search by Laura Calugar and/or her editor(s) on an iPhone would have revealed the following about Gooch. There are apparently favorable items about Gooch, that MHI has apparently made efforts to get promoted on Google, Safari and other browsers search tools. But there are also several concerning articles that if Calugar has simply looked at for a few minutes may have caused them not to interview Gooch at all. Meaning, one of the most basic items from the vantagepoint of the SPJ code of ethical conduct were either not exercised or the results were ignored.  About half of the items that follow (orange boxes added by MHProNews for emphasis) illustrate possible items that should have attracted a journalist’s and/or an editor’s interest. 

c) The Timetoast item linked above includes this picture. This should have been flagged by MHI’s leaders when they considered Gooch for possible work at MHI. But it should also have been considered by MHN about what sort of person they were interviewing.

d)

e) Someone doesn’t have to do too much searching of manufactured home industry news feeds to discover the there are dozens and dozens of mainstream news articles about concerns raised about living in manufactured home communities (MHCs). Those concerns are totally ignored by MHN. Why? It is understandable that Gooch would not want to discuss that, but then that makes MHN a possible vehicle for Gooch/MHI misinformation. For example. Several MHI members have been sued in national class action antitrust suits.

f) The affordable housing crisis could be solved by simply enforcing existing laws. Ironically, Gooch alluded to part of that, but failed to lay out in more details the facts on the Housing and Economic Recovery Act (HERA) and MHI’s role – per MHARR, Doug Ryan, and others – in insuring that DTS and enhanced preemption have been allowed to languish.

g) Congress held hearings on the lack of enforcement of the MHIA. Then vice chair, but now chairman Bill Boor spoke to Congress in July 2023 about getting enhanced preemption enforced. How could Gooch fail to mention these facts? MHI participated in all of those events and more like them. How could MHN fail to check with MHARR, the other national association, which features that enhanced preemption topic numerous times on their website? But if the goal of MHN was to provide fluff for MHI, they accomplished that purpose.

h) MHN has now stumbled upon genuine news for mainstream media.  Others in media have shed a light on this via op-eds, but will they do a groundbreaking report? The question now is, will they look the other way?

Solutions must be inherently affordable. Decades of subsidies for costly housing have never solved the affordability crisis and never will. | By L. A. “Tony” Kovach https://t.co/nAPLMIgotU

— Deseret News (@Deseret) April 30, 2024

Or will MHN put a notice that a revision is planned for their interview with Gooch, check with sources like MHARR, others, dig into the evidence from the reports linked, and then produce a report that also seeks the views of disgruntled residents, troubled professionals, and gives MHI and their attorneys a chance to respond to the evidence like is outlined in this report?

15) As noted, MHProNews plans a follow up and will plan to do a timely press release and/or a post on the Patch that deals with this evidence. Stay tuned for the follow up. The MHVille market report is ahead in Part III.

Part III

Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

NOTICE: following the TPG deal with CAPREIT, TPG has been added to our tracked stocks list below.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.

The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

• In minutes a day, readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.

Headlines from left-of-center CNN Business – 9.11.2024

• Trump suggests he won’t debate Harris again, attacks ABC over moderators’ fact-checking
• Donald Trump’s social media stock closes at a record low after his rocky debate performance
• Traders work on the floor at the New York Stock Exchange on September 11.
• Wild comeback: Dow bounce erases 700-point one-day dip
• BurgerFi files for Chapter 11 bankruptcy
• Consumer inflation slows to lowest rate since February 2021
• Oil pump jacks are shown in a field on June 27, 2024 in Stanton, Texas.
• Harris and Trump kept talking about pumping more oil. There’s a problem with that
• David Muir and Linsey Davis moderate the presidential debate in Philadelphia on Tuesday.
• ABC debate moderators live fact-checked Trump’s false claims from the stage
• A Boeing 737 Max-10 performs a flying display at the Paris Airshow in June 2023.
• Boeing should be kicked out of the Dow
• ‘Founder mode’ is the latest Silicon Valley buzzword telling toxic bosses they’re great
• Workers of a Samsung facility launch strike to demand higher wages at its Sriperumbudur plant near the city of Chennai, India on September 10, 2024.
• Hundreds of workers strike at major Samsung factory in India
• After 155 years, the Campbell Soup company is changing its name
• Google’s search business was deemed a monopoly. Now its ad business is on trial
• Starbucks’ new CEO wants to make Starbucks a coffee shop again
• 42 state attorneys general demand a Surgeon General warning label for social media apps
• BMW downgrades 2024 outlook over brake issues and weak demand in China
• The two words Apple never mentioned at its iPhone 16 event
• Australia plans a minimum age limit for social media use
• Here’s what could happen to inflation, jobs and the deficit if Trump or Harris win
• Europe’s top court just delivered multi-billion-dollar blows to Apple and Google
• ABC News steps into the spotlight with high stakes Trump-Harris debate
• Apple’s new AirPods are also hearing aids. Can they really save you thousands of dollars?
• China’s Huawei unveils its answer to Apple’s iPhone 16. But it comes with a hefty price tag
• Amazon targets Aldi and Target with a new lineup of ‘no-frills’ groceries

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Headlines from right-of-center Newsmax – 9.11.2024

• ND. Gov. Burgum to Newsmax: Debate Was ‘Absolutely 3 on 1’
• North Dakota Gov. Doug Burgum told Newsmax on Wednesday that the debate on Tuesday night between former President Donald Trump and Vice President Kamala Harris was not a fair fight because the two ABC News moderators seemed to be on Harris’ side. [Full Story]
• Related Stories
• ABC’s Muir Spent Night Fact-Checking Trump
• Trump on Ukraine Vs. Russia
• 2024 Trump vs. Harris Debate
• Graham: Trump Missed Opportunity in Debate
• Nielsen Data: 57.5M Viewed Trump-Harris Debate on ABC
• Some Undecided Voters Not Sold on Harris After Debate
• Trump Now ‘Less Inclined’ to Do Another Debate
• ABC’s Muir Spent Night Fact-Checking Trump
• Daily Express US Poll: Trump Won Debate, 45% to 34%
• Russia: Trump, Harris Should Leave Putin Out of US Politics
• Trump: ‘That Was My Best Debate Ever’
• Wall Street Reacts to Fiery Debate: ‘No Knockout Blow’
• Fox News Proposes 2nd Debate in October
• Newsmax TV
• Perry: Harris Flip-Flops Give Voters Pause
• Blackburn: Harris Fumbled, Punted on Questions
• Burgum: Debate Was ‘Absolutely 3 on 1’
• Anthony D’Esposito: 9/11 Must Become Federal Holiday
• Sununu: Harris Can’t Run From Record
• Peter Navarro: Harris Helped Shape Economic Policies
• Van Drew: ‘People Died’ Due to Biden-Harris Border
• Williams: Remove Regulations From Main Street
• Newsfront
• DOJ Drops Charges, Retools J6 Defendant Plea Deals
• The Justice Department has been forced to offer retooled plea deals or drop charges against people who breached the U.S. Capitol on Jan. 6…. [Full Story]
• Nasdaq Ends Up 2 Percent, S&P Climbs 1 Percent
• The S&P 500 index closed higher Wednesday with a boost from the [Full Story]
• Megyn Kelly Rips ‘Snob’ Taylor Swift for Backing Harris
• Commentator Megyn Kelly blasted pop superstar Taylor Swift on [Full Story]
• Taylor Swift Endorses Kamala Harris
• Singer Taylor Swift has endorsed Democratic Vice President Kamala [Full Story]
• Related
• Musk Trolls ‘Childless Cat Lady’ Swift on Her Harris Endorsement
• Russia: Trump, Harris Should Leave Putin Out of US Politics
• RFK Jr: ‘A Trump Victory Is a Kennedy Victory’
• Pelosi Implies Many GOP Voters Racist, Sexist, Homophobic
• SurveyUSA Poll: Harris Edging Trump in North Carolina
• Poll: Trump Leads With Independents, IVF a Key
• Nielsen Data: 57.5M Viewed Trump-Harris Debate on ABC
• Nielsen Data: 57.5M Viewed Trump-Harris Debate on ABC
• The presidential debate between former President Donald Trump and [Full Story]
• Biden, Harris, Trump, and Vance Meet at Ground Zero
• Biden, Harris, Trump, and Vance Meet at Ground Zero
• President Joe Biden and Vice President Kamala Harris were at New York [Full Story]
• Related
• US Commemorates 9/11 With Trump-Harris Election in View
• Rasmussen Poll: 48 Percent Said US Forgets 9/11 Impact
• FDNY Widow Slams Biden for ‘Doing 9/11’ Comment
• Graham: Trump Missed Opportunity in Debate
• Don’t count Sen. Lindsey Graham, R-S.C., among top Republicans [Full Story]
• Israel Strikes Hamas Terrorists in West Bank, 5 Killed
• An Israeli airstrike killed at least five people in the West Bank [Full Story]
• Related
• Biden Seeks ‘Full Accountability’ in Death of US-Turkish Citizen
• Report: Hamas Profits $500M From Humanitarian Aid Entering Gaza Strip
• Hamas Says Ready to Implement Ceasefire Without New Conditions
• Florida Democrats Optimistic About Flipping State
• Recent polling has given Democrats optimism they can win the state in [Full Story]
• Blinken, UK FM in Ukraine for Long-Range Strike Talks
• Secretary of State Antony Blinken and British Foreign Secretary David [Full Story]
• Related
• Russia Vows to Destroy US ATACMS Missile Deliveries to Ukraine
• US and UK Diplomats Offer Kyiv Aid but No Breakthrough on Strikes Into Russia
• Walz Voted Against Care for Abortion Survivors
• When Minnesota Gov. Tim Walz was a congressman, he voted against a [Full Story]
• Can Your Retirement Survive a Stock Market Fall?
• American Hartford Gold
• Judge Rules Against Abortion Providers Fighting Near-Total Ban
• An Indiana county judge ruled Wednesday against abortion providers [Full Story]
• Top Senate Dem: Unleash Ukraine Against Russia
• Senate Foreign Relations Committee Chairman Ben Cardin, D-Md., said [Full Story]
• Amazon Hates if You Do This, but They Can’t Stop You (It’s Genius)
• Online Shopping Tools
• Vance: Migrants Eating Pets Should be Investigated
• Citing the importance of listening to local concerns, Sen. JD Vance, [Full Story]
• Harvard Black Enrollment Dips Post-affirmative Action
• The number of Black students enrolled in Harvard University’s class [Full Story]
• NYPD Commissioner’s Top Aide Linked to Chinese Groups
• A top aide to New York Police Department Commissioner Edward Caban, [Full Story]
• FCC Chair Wants More Competition for SpaceX’s Starlink
• Federal Communications Commission chair Jessica Rosenworcel said [Full Story]
• Inflation Cools to Three-Year Low of 2.5%
• S. consumer prices rose marginally in August, but underlying [Full Story]
• Hurricane Francine Takes Aim at Louisiana Coast
• Hurricane Francine barreled toward Louisiana on Wednesday as [Full Story]
• Russia in Continuous Attack on Norway
• Russia reportedly has been using a northern Norway town to experiment [Full Story]
• Fmr GOP Sen. Ayotte to Face Craig in N.H. Gov. Race
• New Hampshire will elect a female governor for the third time in [Full Story]
• Joe Wilson Collapses, Rushed to Hospital
• Joe Wilson, R-S.C., a senior member of the Foreign Affairs [Full Story]
• Speaker Johnson Delays Vote on Stopgap Funding Plan
• House Speaker Mike Johnson, R-La., canceled a planned vote on a GOP [Full Story]
• Mexico Senate Passes Controversial Judicial Overhaul
• Mexico’s Senate voted early Wednesday to overhaul the country’s [Full Story]
• Dems Demand Army Rebuke Trump Over Arlington Spat
• Three House Democrats released a statement Tuesday calling on the [Full Story]
• Protesters in Mexico Senate Halt Judicial Reform Debate
• Crowds of protesters invaded Mexico’s Senate on Tuesday, forcing [Full Story]
• Paranoid NYPD Brass Meet Outside Amid Federal Probe
• Concerned that their headquarters might be bugged amid a federal [Full Story]
• Ivy League Schools Rated Worst by Free Speech Group
• Four elite Ivy League institutions ranked at the bottom of 251 U.S. [Full Story]
• Alexis Nungaray Blames Admin for Child’s Death
• Alexis Nungaray, the Texas mother whose 12-year-old daughter Jocelyn [Full Story]
• Ohio City: No ‘Specific Claims’ of Migrants Eating Pets
• White House National Security spokesman John Kirby denounced Tuesday [Full Story]
• Abortion-rights Measure Will Be on Missouri’s Ballot
• A measure undoing Missouri’s near-total abortion ban will appear on [Full Story]
• More Newsfront
• Finance
• Rise of Crypto Tether Has US Worried
• With $190 billion of tether changing hands daily, it has not only become a leading cryptocurrency but also become a clandestine payment system for the underworld – undermining U.S. sanctions and law enforcement, The Wall Street Journal reports…. [Full Story]
• OpenAI in Talks to Raise Funds for $150B Valuation
• Robin Hood Economy Never Key to Prosperity
• Is Harris Housing Plan Assistance or Reparations?
• Boeing Faces Possible Strike on Friday
• More Finance
• Health
• Surprising Headache Triggers
• According to Yale Medicine there probably is no malady more common than a headache. Statistics show that 20% of women and nearly 10% of men report experiencing a headache or migraine in the previous three months. While occasional headaches are not cause for alarm, the pain…… [Full Story]
• Do You Suffer From Dead Butt Syndrome?
• Trial Finds Experimental Obesity Pill Effective, Safe
• FDA to Investigate Safety of Toxic Metals in Tampons
• CAR-T Therapy Won’t Raise Odds for a Second Cancer

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Notice: MHProNews invites the firms or organizations named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, until 5.9.2024, neither MHI nor most MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including but not limited to an outreach on Dec 7, 2o23 and Feb 25, 2024. In the case of that response linked above, no apparent reply was given to follow up inquires by MHProNews. 

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.” KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

TPG = TPG includes land lease manufactured home communities (MHCs) among a broader basket of investments.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

 

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

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Disclosure. MHProNews holds no positions in the stocks in this report.

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• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

 

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 (on 5.22.2024) and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.