Residents of a San Leandro, California manufactured home community are facing rent increases next month, but they may get assistance from city leaders through a proposed minor home repair program. According to the East Bay Times, the proposal was presented by San Leandro staff at the City Council meeting on …
City Weighs Repair Assistance Options for MH Community Residents Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) saw Australia-based investment firm Revolution Capital Ltd. reduce its stake in the company by 5.84 percent in Q3. With the reduction, Revolution Capital still holds a sizable 1.01 million-share stake in ELS valued at $77.7 million. ELS has a current market cap of $6 billion, …
MH Communities Giant Equity LifeStyle Properties Investors, Stock Moves Read More
Equity LifeStyle Properties Inc. (NYSE: ELS) saw a volume spike on its stock on November 29th. On the day, ELS saw 699,263 shares trade hands on 6,059 trades. The stock averages a daily volume of 444,616 shares a day over the last month, and the difference represents a significant bump …
Equity Lifestyle Properties Sees Volume Spike in Stock, Updates Earnings Guidance Read More
Residents throughout southwest Louisiana are beginning to wonder if the recent economic boom for the area is the reason several manufactured home communities are becoming RV parks, and why those living in them may be facing eviction. “It’s a landlord’s market and it’s going to continue that way until after …
Economic Boom Causing Manufactured Home Community Evictions? Read More
In what community residents are calling an effort to push them out, the new ownership of the Trailer Haven RV and Mobile Home Park in San Leandro, California is raising rents in a part of the country that already boasts record high housing costs. “I understand many are concerned about our …
Manufactured Home Community Residents Protest Rent Increase Read More
This month, we continue with our thought-provoking theme: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What …
A British Columbia, Canada appeals court has ruled in favor of the Squamish Nation in a case involving the Capilano River RV Park, formerly known as the Capilano Mobile Park in West Vancouver. The series of events stretches back to 2008, where the Baker family had operated the community since …
Tribal Nation Wins Appeal in “Mobile” Community Case Read More
Drew Industries Inc. (NYSE: DW) has announced their acquisition of Elkhart, Indiana based Atwood Mobile Products, Inc. via Lippert Components, Inc. (LCI), a wholly owed subsidiary. The sale is expected to be completed in November. “Atwood has been a household name in the RV and trailer markets for over 30 …
Drew Industries Completes Fourth Acquisition of 2016 Read More
Drew Industries, Inc. (NYSE: DW) has received a “buy” rating from analysts, according to a recent report from StockzIntellegence, Inc. Citigroup provided its “buy” recommendation on August 15th with a target price of $110.00, up from $85.00 in May. Drew Industries’ share price has increased 47.62 percent since March 24th, 2016 …
Fearing another “crew camp” situation – one in which transient workers use parked RV’s for living – the Williston, North Dakota Planning and Zoning Commission denied two special use permits that would allow RV parking at Glen Villa and FM Parkway manufactured home communities, owned by Rick Carriger. According to …
City Controversy with Owner – RVs being denied in Manufactured Home Community Read More
Elkhart, IN based Patrick Industries (NASDAQ: PATK), a provider, supplier and producer for manufactured housing, RVs and other industries, received the 2016 Indiana Public Company of the Year award at a banquet at the INVSESTIndiana Equity Conference in Indianapolis. Companies that were nominated were evaluated on their assets, revenue growth, …
CFO Josh Boone accepts award for Patrick Industries Read More
CEO of Drew Industries, Inc., Jason Lippert sold 10,000 shares of the stock in a transaction Aug. 18, 2016 at an average price of $99.93 for a total value of $999,300.00, which leaves him with 145,485 shares of company stock valued at $14,538,316.05. Citigroup, Inc. raised their target price on …
Millions in Insider Trades at Drew and Patrick Industries Read More
What’s New in public focused Manufactured HomeLivingNews.com Tiny Houses Owners face Big Legal Trouble? What’s New in Manufactured Housing Industry Professional News Financial Services Committee says Dodd-Frank is damaging. YES! Communities redistributes assets. Private enterprise ready to supply modular buildings to flooded LA. MHI, MHARR spar with DOE, as MHI …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016 Read More
In insider trading at Patrick Industries, Inc. (NASDAQ:PATK), Capital Partners L. P. Tontine, Director sold $1,781,470 worth of company shares at an average price of $61.43 on August 12th, and now holds $75,647,298 of stock per an SEC filing on Aug. 16, according to fidaily. Director Walter E. Wells owns …
Insiders Busy Trading Patrick Industries as it Joins S&P SmallCap 600 Read More
The Elkhart, IN based RV/MH Hall of Fame has released more details this week about their plans for their Northern Indiana Event Center, Inside Indiana Business tells MHProNews. RV/MH Hall of Fame staff projects they will triple the available space, to take advantage of the lucrative event-planning market. Darryl Searer, …
RV/MH Hall of Fame Releases Expansion Plans for Northern Indiana Event Center Read More
Minnesota’s temporary family health care housing law will allow a modular or manufactured home or recreational vehicle to be sited on the property of a relative, legal guardian or caregiver for up to one year, as MHProNews has learned from abcnewspapers. The law would allow a structure of up to …
Manufactured Home can Provide Temporary Health Care Read More
Elkhart, Indiana based Drew Industries (NYSE:DW), a leading supplier of RV and manufactured housing industries components, has announced their second quarter results. According to their August 9th, 2016 SEC filing by Chief Financial Office (CFO) David Smith, their Board of Directors approved a regular quarterly cash dividend of $0.30 per …
What’s New in public focused Manufactured HomeLivingNews.com Loans – Financing – Mortgages for Manufactured, Modular and Mobile Homes What’s New in Manufactured Housing Industry Professional News Sale of Minn. MHC challenged by Attorney General. Section 8 vouchers can now but MH. Hall of Fame inducts Class of 2016. NC MH …
Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016 Read More
In a gala ceremony before 300 friends, family and colleagues, the Class of 2016 was inducted into the RV/MH Hall of Fame (Hall) Aug. 1, at the Hall in Elkhart, Indiana. Prior to the induction ceremonies, Hall President Darryl Searer said after four years, with support from individuals and companies, …
Elkhart, Indiana-based Drew Industries, Inc. reported consolidated net sales for the second quarter of 2016 increased to $441 million, 22 percent higher than the same period in 2015. “Our operating profit in the second quarter of 2016 improved to more than $59 million, compared to nearly $34 million in the …
Drew Reports Net Sales 22% Above Last Year’s Comparable Quarter Read More
