An advertisement for the Forest Grove Rural Fire District in Oregon might read like this: “Seeking four roommates for free housing. Must have firefighting skills and be willing to live and work in rural setting. Affection for the sound of sirens is a plus.” The district is offering free housing …
Firefighters can Live for Free in Manufactured Home Read More
Following a storm that inundated Franklin County, Missouri, residents of Sleepy Hollow land lease community said Pin Oak Creek overflowed and flooded the community because a bridge built over the creek impeded the flow of the water. Firefighters rescued about a dozen people from the flash flood. Residents told fox2now …
Creek Overflows, Resident Evacuated from Land Lease Community Read More
While the startribune informs MHProNews that manufactured homes (MH) were the original affordable housing in rural and suburban Minnesota, in the twin cities area of Minneapolis-St. Paul the number of occupied MH has fallen 12 percent since 2001 to 13,660 homes. Nationally, the number of manufactured homes shipped dropped drastically …
Demand Continues for Manufactured Homes in the Twin Cities Read More
Our goal in presenting news and views from the manufactured and modular home industry is to help you, our readers, make the best possible decision in your business. To that end, we continue to upgrade our presentation to better inform you. In this week’s news you will read of developments …
Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015 Read More
Following up on stories from June 8 and June 19, 2015 regarding the sale of shares of Patrick Industries, Inc. (NYSE:PATK) by Jeffrey L. Et Al Gendell, wkrb13 informs MHProNews that Gendell sold another 2,700 shares of the company’s stock at $39.05 per share for a net value of $105,435.00. …
Following a story MHProNews last reported on June 23, 2015 regarding proposed container units modified into modular housing for homeless residents of Honolulu, Mayor Kirk Caldwell had refused to sign a budget because funding for the program was not provided. As staradvertiser reports, in the aftermath of the assault on …
Attack on State Rep. Hastens Contract for Modular Housing Read More
Randall K. Rowe, Chairman of Green Courte Partners, LLC has been chosen to lead a global organization dedicated to creating communities that are livable, economically prosperous and environmentally sustainable. As Global Chairman of the Urban Land Institute (ULI), an education and research non-profit founded in 1936, Rowe will have three …
Urban Land Institute Chooses Randall K. Rowe as Chairman Read More
MHPronews has learned from wfie14news that SSK Communities has acquired the 353 home site Lamp Lite Estates manufactured home community (MHC) in Owensboro, Kentucky and intends to “make significant improvements” which will include changing the name to Riverbend Pointe. Nathan Smith, SSK co-founder and Chairman of the Board of Directors …
SSK Communities Plans Revamping of Manufactured Home Community Read More
Following a story MHProNews last posted June 19, 2015, regarding Cavco Industries’ purchase of Fairmont Homes and subsequent request for tax abatements from the city of Nappanee, Indiana for production upgrades, the Nappanee City Council approved a $40,000 tax phase-in for equipment purchases and employee training. Noting that Fairmont’s products …
Cavco will Retain Fairmont’s Employees, Expand its Customer Base Read More
The Bloomington (IL) Planning Commission recommended City Council approve a plan for a manufactured home community (MHC) to expand on an eight-acre site that was once part of the Southgate Estates Mobile Home Park. After a foreclosure in 2011, Southgate was split into two parcels, and the larger one became …
Plans for Manufactured Home Community Expansion on Hold Read More
MHProNews has learned that Randall K. Rowe, a member of the board of directors of Sun Communities, Inc. (NYSE:SUI), acquired 25,664 shares of company stock at $50.00 per share June 19, 2015 for a total value of $1,283,200.00, according to a required filing with the Securities and Exchange Commission (SEC). …
Insider Trading at Sun Communities: Randall K. Rowe Read More
MHProNews has learned Wells Fargo Commercial Real Estate has hired two industry veterans as it expands its presence in the manufactured home communities (MHC) lending sector, following the acquisition of a $9 billion portfolio of commercial real estate loans from GE Capital Real Estate that includes MHC-focused funds. Lew Grace …
Wells Fargo Beefs Up Manufactured Home Community Lending Sector Read More
Following a story MHProNews posted June 2, 2015 regarding modular container units to house homeless families in Oahu, Hawaii, Honolulu Mayor Kirk Caldwell refused to sign the budget in part because the city council deleted funding for the Office of Strategic Development (OSD) staff needed to operate the program. Existing …
Honolulu Modular Homeless Initiative will Seek Funding Elsewhere Read More
A financing option for start-ups, called Regulation A, will allow potential investors of more modest means the opportunity to obtain equity stakes in what could be the next Facebook or Groupon. Instead of promising companies being backed by venture capitalists and wealthy angel investors, these “mini I.P.O.s” will advertise on …
Mini IPOs Offer Smaller Investors Opportunity to Invest Read More
In manufactured housing news, UMH planning MHC as other MHCs closing, programs help MH buyers, MHC sells for $98k per homesite, Texas reports MH sales. In modular news, Magnolia Homes may be revived, Brad Pitt moves mods to Indian Rez, Mods house Irish homeless, micro mods go urban. In company …
Sunday Morning Recap June 14, 2015 to June 20, 2015 Read More
MHProNews has learned Jeffrey Gendell continues to sell his shares in Patrick Industries, Inc. (NASDAQ:PATK) as he did May 25, and June 8, 2015. Most recently he sold another 3,748 shares at $37.20 each for a net of $139,503, according to octafinance. In total he has sold 72,783 shares for …
Reservations for the RV/MH Hall of Fame Induction Dinner honoring the Class of 2015 are already ahead of last year’s, according to Committee Chairman Mark Wasson (Bluelinx Corp.), with over 153 registrations in the hopper for the Aug. 3, 2015 event. Darryl Searer, president of the RV/MH Hall of Fame …
Reservations for Induction Dinner Ahead of Last Year Read More
From a hearing June 11, 2015 from the House Financial Services Committee entitled, “The Future of Housing in America: Oversight of the Department of Housing and Urban Development” at which Rep. Ed Royce (R-CA) questioned HUD Secretary Julian Castro about the need for housing finance reform, and bank lenders leaving …
Guerdon Modular Buildings of Boise, Idaho has hired Pete Murray as president and chief operating officer (COO) as the company continues its growth in the western U. S. market, building modular multi-housing developments, reports idahobusinessreview. Murray has been vice-president of western manufacturing operations for Welch Allyn, a medical device maker …
Actor Brad Pitt initiated the Make it Right foundation to provide modular homes for survivors of Hurricane Katrina after it devastated the Ninth Ward in New Orleans. Now he is partnering with the Fort Peck Indian Reservation to bring 20 eco-friendly modular homes to be placed in a sustainable village …
Brad Pitt’s Foundation Installing Modular Homes for Fort Peck Indians Read More
