ParkingNetwork tells MHProNews.com private equity real estate investment firm Green Courte Partners announces the appointment of Marnie Helfand as managing director. Having joined Green Courte in 2008 as a senior associate, she was promoted to Vice President, Capital Markets in 2009, and in her new post she will lead the …
SeekingAlpha reports the manufactured housing industry sub-sector is the smallest sector in the FTSE NAREIT Index. MHProNews.com says the Index has different methods to rate the performance of commercial real estate investment and property sectors. It notes as of the end of Feb. 2012, there were 126 equity REITs (real …
As home prices fell for the fifth consecutive month, hitting their lowest point since Q4 2002, investors shied away from urging the market higher. CNNMoney tells MHProNews.com all three markets lost ground today, as the Dow Jones Industrial Average dropped -43.90 points, -0.33 percent, to close at 13,197.73. The Nasdaq …
Investors Cautious, Housing Stocks Mixed, Patrick Gains Read More
WickedLocal tells MHProNews.com Massachusetts State Sen. Marc R. Pacheco has scheduled a forum March 30 in Middleborough in the southeastern part of the state to review manufactured housing laws. In coordination with the attorney general’s office and the Department of Housing and Community Development, this forum will be for Plymouth …
From the headquarters in Concord, New Hampshire of ROC (resident-owned communities) USA, LLC President Paul Bradley informs MHProNews.com Michael Bullard has joined the ROC team as Communications and Marketing Manager effective April 9, 2012. For nearly ten years Bullard has been Executive Editor of the Cecil Whig newspaper in Cecil …
In the biggest gain since Jan. 3 when the Dow rose 180 points, CNNMoney tells MHProNews.com the Dow Jones Industrial Average moved up 160.90 points, + 1.23 percent, to close at 13,241.63, as Fed Chairman Ben Bernanke indicated to a group of economists the interest rate will remain low for …
Dow Posts 2nd Biggest Gain of Year; UMH and Patrick Rise as Well Read More
MHI News Action Needed — Urge Representatives to Co-Sponsor the Preserving Access to Manufactured Housing Finance Act (H.R. 3849) This morning an MHI Action Alert was emailed to members urging each one to contact their U.S. Representatives and urge them to co-sponsor H.R. 3849 (Preserving Access to Manufactured Housing Act). …
Stocks ended the week higher and the Yahoo Finance Manufactured Housing Composite Index gained nearly three percent. The gain was recorded in energy stocks which offset a report showing purchases of new homes unexpectedly fell. Stocks related to the manufactured housing industry that ended the week on the upside include …
From San Jose and the Mercury News, MHProNews.com learns that the city council is reviewing the conversion process of manufactured housing communities to other uses to “better prepare for the possibility in the future.” According to the report, five mobile home parks have closed since the original conversion ordinance was …
Despite unemployment claims hitting a four-year low, investors were more concerned about economic growth hitting a soft spot in China and Germany, causing alarm among investors. CNNMoney tells MHProNews.com all three markets lost ground today, as the Dow Jones Industrial Average dropped 78.48 points, -0.60 percent, to close at 13,046.14. …
Stocks closed modestly lower Wednesday and the Yahoo Finance Manufactured Housing Composite Index remained unchanged. Those closing higher included Affiliated Managers Group, up .60 cents (.54 percent) to $112.19; Equity Lifestyle Properties, up .09 cents (.13 percent) to $69.14; Patrick Industries, up .41 cents (3.98 percent, making it the day’s …
News that building permit requests had risen in the U.S. was not sufficient to counter investors’ fears that China might be entering a manufacturing slowdown, sending the Dow Jones Industrial Average down 68.94 points, -0.52 percent, to 13,170.19, according to CNNMoney. Nasdaq lost -0.14 percent to end at 3074.15, and …
Deer Valley Slides, Skyline Falls, Despite Rise in Building Permits Read More
As a follow-up to a story we published Feb. 28, 2011, TheNowNewspaper in Surrey, British Columbia, Canada tells MHProNews.com modular units used for housing athletes at the 2010 Winter Olympics in Whistler, just north of Vancouver, have been converted into 52 rental apartments for seniors and people with disabilities. Timber …
CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged up 6.51 points on news that Apple’s stock topped the 600 mark as it is poised to pay dividends on its stock. Up eight percent since the beginning of the year, the Dow gained +.05 percent to close at 13,239.13. The …
Nobility, Patrick, and UMH End the Day with Nice Gains Read More
CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged down as investors, though optimistic about the economy in general, populated the sidelines as the Dow waffled down -20.14 points, -0.15 percent, to end the week at 13,233.62. “Some of the economic news today was a bit disappointing, but none of …
The OrangeCountyRegister informs MHProNews.com State Sen. Lou Correa, chairman of the Senate Select Committee on Manufactured Homes and Communities, will hold a conference in Santa Ana Friday, March 16, for MHC residents and owners. A panel of MHC residency law experts and code enforcement officials will discuss health and safety …
The Dow gained for the seventh straight day, moving up 58.66 points on good news about manufacturing expansion, lower jobless claims, and quiet inflation. CNNMoney reports the Dow added +0.4 percent, to end at 13,252.76. The S&P closed above 1400 for the first time since June 2008, having gained +0.60 …
Dow Nudges Up, S&P Closes over 1400; Patrick Ind. Gains Read More
According to a new ordinance passed by the Santa Barbara County Board of Supervisors in California, before a manufactured community owner (MHC) can close a community, it must submit an impact statement, provide relocation assistance for residents, and submit a review of the process to the Planning Commission. The SantaMariaTimes …
MHC Closure Ordinance could Make MHC Owners Bleed Green Read More
CNNMoney tells MHProNews.com the Dow Jones Industrial Average edged up 16.42 points as falling bank stocks pulled at the strength of tech socks. The Dow gained 0.12 percent to close at 13,194.10. The Nasdaq moved up +0.03 percent to close at 3,040.73, while the S&P fell -0.12 percent to finish …
Rally Fades, Most Housing Stocks Fall, but Dow Remains above 13,000 Read More
Stocks moved higher Tuesday after a positive report on retail sales and news from the Fed that the economy is improving. The Yahoo Finance Manufactured Housing Composite Index closed 1.3 percent higher. Several watched stocks added more than seven percent, and one, Patrick Industries, added more than ten percent. Closing …
Stocks Up, One Watched Stock Tops Ten Percent Gain Read More
