RV

Drew to Release Q3 Results

MHProNews has learned from marketwatch that Drew Industries, Inc. (DW) will release its Q3 2015 financial results before the market opens on Tue., Nov 3, 2015, followed by a conference call later that same morning at 11 AM EST to discuss the results. The question and answer session will be …

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Land Lease Community Sells for $1 Million in Arizona

MHProNews has learned from azbigmedia that Westview Mobile Home and RV Park in Glendale, Arizona has been sold for $1 million by 6331 W Glendale LLC to Westview Park LLC, arranged by John Sheedy with Park Brokerage Inc. The 33 home site all-age manufactured home (MH) and recreational vehicle community …

Land Lease Community Sells for $1 Million in Arizona Read More

Patrick to Release Q3 Financials

MHProNews has learned from twst that manufactured housing component supplier Patrick Industries, Inc. (NASDAQ:PATK:) will release its third quarter 2015 financial results before the market opens Thursday, Oct. 29, 2015. President and CEO Todd Cleveland and CFO, Andy Nemeth, will conduct a conference call later that same morning at 10:00 …

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Zacks issues Buy Rating on Equity LifeStyle Properties

The most bullish Wall Street analyst has a short term price target of $63 for Equity LifeStyle Properties (NYSE:ELS), according to Zacks, and the most bearish has a one-year $57 dollar target. Zacks consensus target price is $60, based on three analysts 12-months projections. As stocksdaily tells MHProNews, Zacks utilizes …

Zacks issues Buy Rating on Equity LifeStyle Properties Read More

Sunday Morning Recap-Manufactured Housing Industry News Oct. 4-Oct. 11, 2015

What’s New in public focused Manufactured HomeLivingNews.com Kim Capen Medville ROC – MH Appreciation and the Senior Community Lifestyle What’s New in Manufactured Housing Industry Professional News MH Production continues rising. Maryland county shuns sprinklers. Doug Ryan remains oppositional. Clayton adds site-built homes. MHI elects new officers. ELS and Killem …

Sunday Morning Recap-Manufactured Housing Industry News Oct. 4-Oct. 11, 2015 Read More

Stock of Equity LifeStyle Properties gets Strong Buy Rating

Calling Equity LifeStyle Properties (NYSE:ELS) “Today’s Strong And Under The Radar Stock,” thestreet offers ten reasons why the stock is so strong, beginning with: “ELS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $25.8 million. ELS has traded 18.925399999999999778310666442848742008209228515625 options contracts today. …

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Drew gets “Buy” Rating

Analysts at Sidoti and Citigroup rated Drew Industries, Inc. (NYSE:DW) a ”buy” as the stock gained +3.52 percent in  trading, Thurs., Oct. 8, to close at $58.19. With a market cap of $1.42 billion and a P/E ratio of 20.919, Drew has a 1-year low of $41.63 and a 1-year …

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Ron Breymier to Lead IMHA-RVIC

The Indiana Manufactured Housing Association – Recreation Vehicle Indiana Council (IMHA-RVIC) announces that Ron Breymier has been appointed Executive Director of the association. A veteran of IMHA-RVIC, he served as the Executive Director for five years from 1986-1991, and has lobbied on behalf of the association at the Indiana State …

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Sun to Discuss Q3 Financials

Sun Communities, Inc. of Southfield, Michigan will release its third quarter earnings report on Tuesday, Oct. 27, 2015 before the market opens followed by a conference call to discuss the results at 11:00 AM eastern time later that same morning, according to nasdaq. Callers can participate at 888 427-9411. Sun …

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Lippert Seeking Tax Abatement for Newly Acquired Plant in Indiana

Following a story MHProNews posted Aug. 20, 2015 regarding the purchase of Signature Seating in New Haven, IN by Lippert Components, Inc. of Elkhart, IN, kpcnews reports the $16 million acquisition also includes a plant in Auburn, IN where Lippert will invest $800,000 in new equipment. While Lippert is seeking …

Lippert Seeking Tax Abatement for Newly Acquired Plant in Indiana Read More

Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015

What’s New in public focused Manufactured HomeLivingNews.com The Kennedy – Model Home Video Tour – New Durham Estates, Westville, IN Jack and Betsy Norman, Whispering Pines 55+ Manufactured Home Community, Somerset, PA What’s New in Manufactured Housing Industry Professional News Justice Dept. settles two MHC discrimination suits. Judge clears path …

Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015 Read More

$54,000 Raised Towards Eliminating RV/MH Hall Debt

The Manufactured Housing Institute (MHI) informs MHProNews that Darryl Searer, president and chairman of the RV/MH Hall of Fame in Elkhart, Indiana reports $54,000 was raised toward Kevin Clayton’s Debt Elimination Challenge at the 4th International Networking Roundtable for Land-Lease-Lifestyle Communities in San Diego, California. Champion Home Builders, Inc. donated …

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Cavco Industries, Sun Communities Shine on Wall St.

According to moneyflowindex, shares of manufactured home community (MHC) owner Sun Communities, Inc. (NYSE:SUI) jumped by 3.55 percent in the past week, and 0.01 in the past four weeks. The shares have bested the S&P 500 by 6.34 percent in the past week and 1.07 percent for the past four …

Cavco Industries, Sun Communities Shine on Wall St. Read More

Patrick Investor Unloads more Stock

Following a series of MHProNews posts reporting the sale of Patrick Industries, Inc. (NASDAQ:PATK), especially within the last three months, and largely by Jeffrey L. Gendel,l dakotafinancenews states major stockholder Tontine Capital Partners LP unloaded another 60,000 shares of Patrick at an average price of $44.42 for a net value …

Patrick Investor Unloads more Stock Read More

Major Stockholders, including CEO, Continue Selling Patrick Industries Stock

In a continuing selloff of Patrick Industries, Inc. (NASDAQ:PATK) stock, as MHProNews has noted on numerous occasions recently (see Sept 3, 2015), Jeffrey L. Et Al Gendell sold 77,364 additional shares of company stock at an average price of $44.88 for $3,472,096.32. This adds to the 113,000 shares he has …

Major Stockholders, including CEO, Continue Selling Patrick Industries Stock Read More

Passages: Mervin D. Lung

The founder of manufactured housing and recreational vehicle component supplier Patrick Industries, Inc., Mervin D. Lund passed away at age 92. He introduced gypsum board to the manufactured housing industry as well as other materials that are still being used. A long time member of the Manufactured Housing Institute, he …

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Volatility has Hit Patrick Industries, Inc Stock

Following MHProNews‘ story yesterday (Sept. 9. 2015) about the sale of $6.38 million worth of Patrick Industries, Inc. (NASDAQ:PATK) stock on Sept. 4, 2015 by Tontine Capital Partners LP, the company continues to hold 12.78 percent of Patrick’s market cap, equivalent to two million shares. The significance of this unloading …

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Sun Communities Declares Stockholder Dividends for Third Quarter

MHProNews has learned from marketwatch that real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI), owner and operator of manufactured home and recreational vehicle communities, has declared a quarterly distribution of $0.65 per share of common stock for Q3 2015, payable Oct. 16, 2015 to shareholders of record as of …

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Patrick Industries’ Stock Rises following Acquisition

In a research report issued on Tuesday, C. L. King upgraded Patrick Industries (NASDAQ:PATK) from a “buy” rating to a “strong buy” rating, according to dakotafinancialnews. A manufacturer of component products and distributor of building products and materials to the manufactured housing (MH) and recreational vehicle (RV) industries, company stock …

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Patrick Acquires Michigan Wood Products Company

As elkharttruth reports, Patrick Industries of Elkhart, Indiana has acquired North American Forest Products, Inc. and its wholly-owned subsidiary, North American Moulding LLC of Edwardsburg, Michigan for $85 million. North American manufactures and distributes wood and wood products primarily used in the production of manufactured homes (MH) and recreational vehicles …

Patrick Acquires Michigan Wood Products Company Read More

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