Following a story we first posted Feb. 20, 2014, regarding plans for expansion, MHProNews.com has learned that Ashland Holdings, LLC of Wildwood, Florida has completed the renovation of its Great Plains Holdings Headquarters, which will also alleviate the $12,000 annual storage expense for its sister company, Lil Mark, Inc. In …
Ashland Expanding into Land Lease Community Ownership Read More
After studying 60 years of climatological data from the National Weather Service’s Storm Prediction Center, Purdue University researchers discovered most tornadoes touch down in what are called “transition zones,” areas where the topography changes dramatically, as in forests to open plains, or from tall urban buildings to farmland. Co-author of …
Stocks took a roller coaster ride, started out going up, retreated in the afternoon, went up enough for the Dow and the S&P to post modest gains, while the Nasdaq nudged down. The Dow Jones Industrial Average moved up +87.28 points, +0.53 percent, to finish at 16,448.74. The Nasdaq edged …
Louisiana Pacific takes the High Road, as Skyline Drops Read More
1) Who, What and Where: (Your name and your formal title at Clayton Bank).
James L. Clayton, Chairman, Clayton Bank and Trust, Chairman of American City Bank, Tullahoma, TN
Chairman of Clayton Foundation
Having provided over 100,000 sales leads to individual homeowners and professional sellers last month, online marketer of manufactured housing MHVillage.com is celebrating its one millionth visitor to its websites in March, and over 50 percent were new to MHVillage. The most widely used and recognized website of its kind in …
Tech stocks did a number on the numbers to end the week, pulling the tech-heavy Nasdaq down -1.75 percent, -72.78 points, to close at 4,075.76. The Dow Jones Industrial Average dropped -140.19, -0.85 percent, to finish at 16,361.46, while the S&P fell -15.21 points, -0.81 percent, to 1,863.40, as CNNMoney …
Cavco Leads Downhill Charge, Followed by Patrick and Drew Read More
The bears and bulls pulled the Dow Jones Industrial Average up and down all day (see graphic), leaving it basically unmoved at 16,501.65. The Nasdaq gained +21.37 points, +0.52 percent, to end the session at 4,148.35 while the S&P 500 modestly gained +3.22 points, +0.17 percent, to close at 1,878.61, …
Skyline Rises, Dow Unmoved, Nasdaq and S&P Nudge up Read More
Disappointing housing data and and reports of mixed earnings put a hiccup in investors’ throats, leading them to step back from the Big Board in today’s trading. The Dow Jones Industrial Average slipped -12.72 points, -0.08 percent, to close at 16,501.65. The Nasdaq slouched -34.49 points, -0.83 percent, to end …
Strong earnings coupled with mergers and acquisitions stimulated investors in today’s trading, spurring the three major indexes higher. The Dow Jones Industrial Average gained +65.12 points, +0.40 percent, to close at 16,514.37. The Nasdaq advanced +39.91 points, +0.97 percent, to end the session at 4,161.46 while the S&P 500 moved …
Cavco Nudges up to Lead Tracked Stocks; Nasdaq Gains nearly One Percent Read More
Manufactured housing community owner Equity LifeStyle Properties, Inc. (ELS) in releasing its 2014 Q1 financials today, Tuesday, April 22, report revenues of $196.59 million, up from $183.78 million last year, and well above analysts expectations of $178.97 million. First-quarter funds from operations (FFO) rose to $71.4 million, $0.78 per share, …
Investors returned to the Big Board today, mildly interested following a long holiday weekend, pushing the three major indexes slightly higher in anticipation of hundreds of companies releasing their first quarter financials. The Dow Jones Industrial Average nudged up +40.71 points, +0.25 percent, to close at 16,449.25. The Nasdaq gained …
Louisiana Pacific Adds Three Percent; Nasdaq Edges Up 26.00 Points Read More
The three major indexes diverged in today’s trading, as the Dow Jones Industrial Average slipped and the Nasdaq and S&P nudged up slightly. The Dow dropped -16.31 points, -0.10 percent, to close at 16,408.54. The Nasdaq gained +9.29 points, +0.23 percent, to end the session at 4,095.52 while the S&P …
“Interest rates will likely stay at current levels for a considerable time after asset purchase program ends,” said Federal Reserve Chief Janet Yellen, when combined with positive earnings and economic data spurred the three major indexes to each gain one percent or more in today’s trading. The Dow Jones Industrial …
Skyline Rises; Dow, Nasdaq and S&P like Fed Chief Yellen’s Comments Read More
Senate Banking Committee Set to Consider GSE Bill End of April The Senate Banking Committee recently announced that it will mark up its bipartisan bill overhauling the nation’s housing finance system on April 29th. The proposal released in March by Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo …
MHARR continued its final push for the complete implementation of the Manufactured Housing Improvement Act of 2000 with a positive hour-long meeting on April 10, 2014 with senior-level HUD officials, including HUD Assistant Secretary/Federal Housing Commissioner Carol Galante and newly-arrived HUD Manufactured Housing Program Administrator Pamela Danner. This intensified MHARR …
A jury in Santa Clara County, California entered a verdict against real estate investment trust (REIT) Equity LifeStyle Properties, Inc. (ELS) for $15.3 million in favor of current or former residents of the California Hawaiian manufactured home community (MHC) located in San Jose, California. Plaintiffs alleged ELS did not maintain …
Southfield, Michigan-based Sun Communities, Inc. reports it will release its Q1 2014 financials April 30, prior to the opening of the market, followed by a conference call later that same morning at 11:00 AM eastern standard time to discuss the results, according to marketwatch.com. To participate call toll free 800 …
A strong rally pushed the Dow Jones Industrial Average up, but it fell around 3 PM, regaining some strength to end the first day of the week up +146.49 points, +0.91 percent, closing at 16,173.24. The Nasdaq gained 22.96 points, +0.57 percent to end the session at 4,022.69 while the …
According to mideasttime.com, analysts at Wunderlich assumed coverage on real estate investment trust (REIT) UMH Properties, Inc., issuing a “hold rating” and a $10.00 price target on the stock. That target would indicate an increase of 1.21 percent over the previous close. The stock opened at $9.87 on Thurs., April …
According to nashobapublishing.com, the Wayside Community Association, Inc. has purchased its own community, Wayside Estates in Shirley, Massachusetts facilitated by Cooperative Development Institute (CDI), a part of Resident Owned Communities (ROC) USA, based in New Hampshire. Wayside has set up committees to oversee the upkeep of the 64-homesite community and …
Massachusetts Community becomes Resident-owned Co-op Read More
