A Cup of Coffee with…Jenny Hodge
1) Who, What and Where: (Your name, formal title at the MHI/NCC and where you are based).
Jenny Hodge, Vice President – National Communities Council (NCC), Manufactured Housing Institute (MHI), Arlington, VA.
MHProNews.com posted a story Dec. 24, 2013 about Northstar Realty Finance’s acquisition of a portfolio of 16 manufactured housing communities (MHCs) valued at $345 million, mostly in Colorado and Texas, with an expected yield of 12 percent. The company reported its funds from operations (FFO) per share increased from -$0.09 …
MHARR is an acronym that means Manufactured Housing Association for Regulatory Reform. Documents filed with the federal government indicate that MHARR has the mission “To improve relations between government and the industry engaged in the production of manufactured housing.” In a recent communique from one of MHARR’s president’s – Danny Ghorbani – …
Investors hit the pause button as investors took a breather, as the three major indexes ended up slightly lower in today’s trading. CNNMoney reports the Dow nudged down -27.48 points, -0.17 percent, to end the day at 16,179.66. The Nasdaq moved down -5.38 points, -0.13 percent, to finish at 4,287.59, …
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MHI Storms Capitol Hill The highlight of MHI’s Winter Meeting was the day that professionals from all aspects of the manufactured housing industry stormed Capitol Hill for visits with their Members of Congress to advocate on behalf of the industry. Undaunted by a real winter storm threatening the final day of the …
The most recent collection of weak economic reports did not faze investors today as the S&P closed within ten points of its all-time high and the Nasdaq has advanced nine of the last ten trading days. CNNMoney reports the Dow Jones Industrial Average gained +92.67 points, +0.58 percent, to end …
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Ashland Holdings LLC, a subsidiary of Great Plains Holdings, Inc. has completed its phase 1 purchase of two parcels of land in Wildwood, Florida, which include a manufactured home that will be rented, and a 1,400 square-foot corporate office building, part of which Ashland will use and the other part …
The three major indexes all ended in red ink in today’s trading after minutes from the January Federal Reserve meeting indicated tapering of the monthly stimulus will continue, and news that housing starts in January were less than anticipated. CNNMoney reports the Dow Jones Industrial Average fell -89.84 points, -0.56 …
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Top National News On the House: ‘Green’ Gains Ground But Might Have Limits Two new studies suggest that the emotional desire to “go green” may translate into more purchases of homes with green features. The results of both reports were released earlier this month at the International Builders’ Show sponsored …
Following a story MHProNews.com last posted Jan. 20, 2014, the board of directors of Killam Properties, Inc. (TSX:KMP) once again announces it has declared a dividend of $0.05 per common share, to be paid on March 17, 2014 to shareholders of record Feb. 28, 2014. As wsj.com reports, Killam continues …
Slow retail sales in January and tepid corporate returns did not deter investors from buying stocks in today’s trading, pushing up all three major indexes. CNNMoney reports the Dow Jones Industrial Average nudged up +63.65 points, +0.40 percent, to end the day at 16,027.59. The Nasdaq advanced +0.94 percent, +39.38 …
The three major indexes all moved less than one quarter of one percent in today’s trading as investors stepped back from the boost the market received upon the announcement of Janet Yellen as the new head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average nudged down -30.83 …
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Investors clearly liked it when new Federal Reserve head Janet Yellen said she will continue the ongoing monetary policy, driving each of the three major stock indexes over one percent. CNNMoney reports the Dow Jones Industrial Average jumped +192.98 points, +1.22 percent, to end the day at 15,994.77. The Nasdaq …
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All three major indexes made very modest gains in today’s trading as investors waited for testimony from Janet Yellen, the new head of the Federal Reserve. CNNMoney reports the Dow Jones Industrial Average edged up +7.71 points, +0.05 percent, to end the day at 15,801.79. The Nasdaq advanced +0.54 percent, …
The lukewarm jobs report from the federal government did not damper investors’ enthusiasm as the week closed on a high note after a choppy ride. CNNMoney reports the Dow Jones Industrial Average gained +165.55 points, +1.06 percent, to end the day at 15,794.08. The Nasdaq advanced +1.69 percent, +68.74 points, …
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In an interview with Bloomberg News‘ Betty Liu, investor Sam Zell says the residential market in 2014 will be benign. “The demand for single-family houses is, in my judgment, muted.” Asked what happened to all the demand for the generation Xers who are supposed to be moving out of their …
All three major indexes gained over one percent in today’s trading as investors anticipate a good jobs report from the government tomorrow, Fri., Feb. 7. CNNMoney reports the Dow gained +188.30 points, +1.22 percent, to end the day at 15,628.533. Nasdaq advanced +1.14 percent, +45.57 points, to finish at 4,057.12, …
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Investors remained off the dance floor today as they weighed concerns about the American economy and awaited the government’s jobs report, due out Friday, as the three major indices floated into negative territory. CNNMoney reports the Dow slid -5.01 points, -0.03 percent, to end the day at 15,440.23. Nasdaq also …
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Following a story MHProNews.com first posted Aug. 23, 2013, both the Lake County (Calif.) Board of Supervisors and the Lakeport City Council have rent control initiatives regarding manufactured housing communities on separate ballots sponsored by a “Save our Seniors” group. While the county ballot is set for June, and the …
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Analysts blamed Monday’s huge sell-off of stocks on unseasonably bad weather, as the Dow Jones Industrial Average recouped some of its losses, and investors await Friday’s monthly jobs report. CNNMoney reports the Dow gained 72.44 points, +0.47 percent, to end the day at 15,445.24. Nasdaq also gained, adding +0.86 percent, …
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