“You are entitled to your own opinion, but you are not entitled to your own facts.” – Daniel Patrick Moynihan, per Wikipedia. Erlanger, KY is across the Ohio River and near Cincinnati, Ohio. Fort Mitchell, KY is nearby too. So, it is no surprise when a successful business professional and …
“Blackstone Group LP has made its first bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc., according to people with knowledge of the matter,” said Bloomberg earlier today. As the Daily Business News on MHProNews reported earlier this month, Tricon sold …
The Business Journal noted that Equity LifeStyle Properties (ELS) has 409 properties in the U.S. and Canada. The Real Deal touted the ELS Chairman Sam Zell angle, in announcing the $50.35 million dollar purchase price. None of the mainstream media sources bothered to show that the monthly site …
“We’re thrilled that it passed this first hurdle,” said Cameron Herrington to the Portland Tribune. Herrington is the “anti-displacement coordinator for Living Cully,” which is described as a coalition of nonprofits campaigning to create the new protections for residents. “In 2016, the Portland Housing Bureau worked with …
City Fighting to KEEP Dozens of Manufactured Home Communities Read More
There’s an old axiom that describes the purported three options that someone faces when confronted with a threat. “Fight, flight or deal with it.” Marty Lavin, JD, is one of a few voices in manufactured housing who has publicly called out in digital print the problem of discrimination against …
Manufactured Home Communities, Retailers, Developers Face Disruptive, Troubling Trend Read More
In any industry, trends are worth noting, and are important for investors, owners, lenders, policy pros, and other professionals alike. As the chart below will spotlight, there have been hundreds of manufactured home communities that have opened since 2002. That’s news to many, not to others, in manufactured …
For long-time industry readers, do you recall the stir on July 30, 2014 when Sun Communities (SUI) $1.32 billion deal with privately held Green Courte Partners (GCP) sold American Land Lease (ALL) to Sun deal hit the wires? There was periodic chatter about GCP before, but then the deal was …
Frank Rolfe has become a well-known personality in the manufactured home industry. He’s been called a genius. Others take issue. For example, sometimes, Rolfe says “mobile homes,” and they are indeed a pre-HUD Code home. But other times, he says that, and he’s talking about a manufactured home. On terminology …
Owners, managers, operators, and service personnel at manufactured home communities (a.k.a., “mobile home parks”), know the often-ongoing headaches caused by clogged drain lines. Besides the hassles, there are the time delays, plus those ongoing expenses of having outside contractors come in to service those needs. There are resident satisfaction issues …
Congressman Keith Ellison (D-MN-5) is a rising star in the Democratic Party. Ellison’s not been without controversy among his peers. While today’s focus is his proposal that will impact manufactured home communities and other elements of the industry, some background on Representative Ellison and his interest in manufactured housing is …
“Great announcement, huh? Here’s my take and on-the-record comments,” said ROC USA President, Paul Bradley to MHProNews. Bradley was commenting on an article by Patrick Barnard in Mortgage Orb, that ran under the headline, “New 30-Year Loan Program for Manufactured Homes Launched in New Hampshire.” “Getting a jumpstart on its mandate …
New Long-Term, Market Rate Loans in Manufactured Home Communities, Report, Reactions Read More
Should Recreational Vehicles (RVs) be allowed to use vacant lots in a manufactured home community? That question sparked a debate in the state of Ohio, and elsewhere. Some manufactured home communities that have a vacancy issue would happily rent vacant lots to towable or motorized RVs, to bring in additional …
North Korean War talk continues to cast a shadow for some investors, see that report from yesterday, linked here. But some insiders say that Kim Jung un isn’t about to blow his billionaire lifestyle by actually doing what he threatens. Time will tell. Meanwhile, White House press memos to MHProNews …
RHP Closes on 2 More Manufactured Home Communities, Mixed Market Update Read More
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today. The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader …
MH Industry, Capital and Manufactured Home Communities, Spotlights & Snapshots Read More
ROCHESTER, N.Y. – Security Mortgage Group, a national award-winning Manufactured Home Community (MHC) lending broker, has informed MHProNews that they have provided financing for another six manufactured home communities. During May and early June, some $23,603,750 in lending was provided for several manufactured home communities in a variety of markets and …
Security Mortgage Group Provides Financing for Six Manufactured Home Communities Read More
The answer to that question throughout Western North Carolina comes down to something simple: it depends on whom you ask. Manufactured housing in the region, on average, accounts for between 15 and 30 percent of overall housing. According to the Citizen Times, opponents of manufactured housing in the area say …
While manufactured home communities offer a number of things, including a practical, cost efficient and quality way to realize the American Dream, occasionally strange things happen. In this case, the problem is a gaggle… of geese. Per the Chino Champion, it appears that Canadian Geese that refuse to migrate are …
An Interesting Gaggle – Animals and Manufactured Home Communities Read More
Officials in Corona, California, say that they may pursue voluntary rent control measures for manufactured home communities, in an effort to help low income and elderly residents who face rent hikes of up to 30 percent over the next two years. According to the Press Enterprise, the Corona City Council is …
Potential Rent Control for Manufactured Home Communities Read More
Manufactured home community sector maverick, Frank Rolfe, has sounded off in a recent commentary, breaking down the reasons that manufactured home community owners, and prospective home buyers, win with the Administration of President Donald Trump. According to the NuWire release, Rolfe had plenty to say. “Whether you are Democrat or …
Frank Rolfe–Manufactured Home Communities, Prospective HomeOwners Win with Trump Read More
South of Eugene, Oregon, in the community of Saginaw, the St. Vincent de Paul Society of Lane County is working to utilize manufactured housing to help those in need. According to the Register Guard, the organization has acquired the Saginaw Park community, furthering its efforts to buy and rehabilitate manufactured …
