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Sunday Morning Recap-Manufactured Housing Industry News April 24-May 1, 2016

By / April 30, 2016 / Advocacy, Announcements, Awards, Business, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHC closing in Minneapolis. CFPB constitutionality challenged. MHARR, MHI spar over DTS and chattel lending. Clayton acquires another site-built home builder. Champion expanding into Kentucky. Drew …

Sunday Morning Recap-Manufactured Housing Industry News April 24-May 1, 2016 Read More

Drew Drawing a Bead on Overseas Markets?

By / April 28, 2016 / Announcements, Business, Canada, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200 million, led by JPMorgan and Wells Fargo. The company had nothing outstanding against the $100 million at the close of …

Drew Drawing a Bead on Overseas Markets? Read More

Patrick Ind. Reports Revenue Increase of 25 percent for Q1

By / April 28, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

For the first quarter of 2016, manufactured home (MH) and recreational vehicle (RV) component supplier Patrick Industries, Inc. (NASDAQ:PATK) reports sales increased $55.2 million, 25 percent, from $223.4 million to $278.6 million, largely attributable to a 25 percent increase in revenue from the RV industry. Revenue from the MH industry …

Patrick Ind. Reports Revenue Increase of 25 percent for Q1 Read More

Rezoning Requests Approved for MH and RV sites

By / April 27, 2016 / Business, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV, Zoning

Following a story MHProNews posted July 24, 2015 regarding the need for workforce housing in southwest Louisiana where up to 54,000 workers will build an ethane cracker and gas-to-liquid facility, americanpress reports Calcasieu Parish officials are dealing with multiple requests to accommodate recreational vehicles (RV) and manufactured homes (MH). At …

Rezoning Requests Approved for MH and RV sites Read More

Sunday Morning Recap-Manufactured Housing Industry News April 17-April 24, 2016

By / April 24, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured Homes, Modular, People, regulation, RV, Trends

What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHARR Slams Danner, HUD. Clayton in line for air base homes contract. Sears Homes paved the way for prefab. Canada’s ATCO marching far South. Modulars for …

Sunday Morning Recap-Manufactured Housing Industry News April 17-April 24, 2016 Read More

Puyallup RV Show will Include several Manufactured Homes

By / April 21, 2016 / Events, Manufactured and Modular Housing News, Manufactured Homes, RV, Trade Shows

While the emphasis is clearly on recreational vehicles at the 42nd annual Puyallup (Wash.) RV Show, April 28 thru May 1 at the Washington State Fair Event Center, several manufactured homes will also be on display, as pressreleaserocket informs MHProNews. A product of the MHRV Show Association, opening day will …

Puyallup RV Show will Include several Manufactured Homes Read More

Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016

By / April 16, 2016 / Advocacy, Announcements, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, People, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Quality Control Manager report-Highland Mobile Home Park, St Petersburg FL What’s New in Manufactured Housing Industry Professional News Montana town to proposed MHCs: one yes, one no. Building material made from hemp. Manufactured homes do not qualify as affordable homes—yet. Modular homes for …

Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016 Read More

Patrick Industries Set to Release Q1 Financials

By / April 15, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned from prnewswire that Patrick Industries, Inc. (NASDAQ:PATK) of Elkhart, Indiana will release it’s first quarter 2016 financials on Thurs., April 28, 2016 before the market opens. Officials of the company, including CEO Todd Cleveland, President Andy Nemeth and CFO Josh Boone will host a conference call that …

Patrick Industries Set to Release Q1 Financials Read More

Manufactured Home Community Sells for $3.3 Million

By / April 13, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has been informed by therealdeal that Zachary Taylor RV Park in Okeechobee, Fla. was acquired by Coastal Income Properties for $3.3 million from a private seller. Capstone Manufactured Housing, based in Charlotte, North Carolina, brokered the transaction, led by Deucie Bies and Kevan Enger, the fourth manufactured home community …

Manufactured Home Community Sells for $3.3 Million Read More

Positions Change in Shares of Stock of Equity LifeStyle Properties

By / April 11, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

During Q4 2015, 40 North Management sold its entire portfolio of Equity LifeStyle Properties (NYSE:ELS), unloading 108,321 shares for a transaction value of $7.8 million, reports everythinghudson. Other hedge funds, including Guggenheim Capital boosted its stake in ELS, adding 5,784 shares and now holds 83,853 shares valued at $6 million. …

Positions Change in Shares of Stock of Equity LifeStyle Properties Read More

Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016

By / April 10, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, Obituary, People, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com State Inspector Becki Jackson – Safety & Quality of Manufactured Homes What’s New in Manufactured Housing Industry Professional News Feb. HUD Code manufactured home production rises 27.6%. Notable deaths in the manufactured home community. Rent control inhibits new MHC development. Resident-owned community grateful …

Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016 Read More

Skyline and Sun: Manufactured Housing Insider Trading

By / April 8, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

In hedge fund trading, Robotti Robert bought 50,000 shares of manufactured and modular home producer Skyline Corp.(NYSE:SKY), and as of Q4 2015 controls a total of 64,700 shares valued at $379,142. After selling 1,383 shares of Skyline stock during the fourth quarter, Vanguard now owns 138,999 shares with a value …

Skyline and Sun: Manufactured Housing Insider Trading Read More

Local and State Regulations cover Tiny Homes, not HUD

By / April 8, 2016 / Business, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV, Trends

A proposed federal regulatory change could conceivably prevent tiny-home dwellers from living in their homes, which they say is an example of the government telling them how they can live, reports cleveland to MHProNews. As of last week, HUD had received 4,000 letters from angry supporters of the homes, which …

Local and State Regulations cover Tiny Homes, not HUD Read More

Tucson Manufactured Home Community Closing, Residents Receiving Assistance

By / April 6, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

Residents of Desert Cove Mobile Home and R-V Park in Tuscon, Arizona are having to move after being told by manager John Hydrick the community has utility problems that the owner cannot afford to repair, according to what tucsonnewsnow tells MHProNews. Originally given 30 days to leave because the community …

Tucson Manufactured Home Community Closing, Residents Receiving Assistance Read More

Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016

By / April 2, 2016 / Advocacy, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com Realtors and Builders Warm Up to the Wonders of Manufactured Housing What’s New in Manufactured Housing Industry Professional News MA town wants exemption from state’s 40B ruling. Sun Communities to expand King’s Court MHC. Fannie Mae funds $5MM refi of MHC. New MHProNews …

Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016 Read More

Sun Communities Stock Popular with Hedge Funds

By / April 1, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

According to sfhfm, hedge fund Principal Financial Group Inc. increased its stake in Sun Communities, Inc. (NYSE:SUI) by 12.6 percent during Q4 2015, buying 221,370 shares of Sun stock, and now owns 1,981,842 shares of the real estate investment trust’s stock valued at $135,816,000. GW&K Investment Management acquired a new …

Sun Communities Stock Popular with Hedge Funds Read More

HUD Coders Outpace the RVers in Hall Campaign Challenge

By / March 28, 2016 / Advocacy, Manufactured and Modular Housing News, Manufactured Homes, RV

The ongoing campaign challenge to eliminate the remaining $2 million debt of the RV/MH Hall of Fame and Museum, pitting the MH industry against the RV industry, with a goal of $1 million each, reveals the manufactured home industry is way ahead, $674,750 to $132,500. Chairman and president of the …

HUD Coders Outpace the RVers in Hall Campaign Challenge Read More

Sunday Morning Recap-Manufactured Housing Industry News March 20-March 27, 2016

By / March 26, 2016 / Advocacy, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trade Shows, Trends

What’s New in public focused Manufactured HomeLivingNews.com What Others Say about Sunshine Homes, Manufactured/Modular Homebuilder Tragedy and Triumph – Widow shares her Celebration of Manufactured Home What’s New in Manufactured Housing Industry Professional News Tunica was tremendous, say attendees. Proposal would merge Fannie, Freddie. MHC to receive free wastewater system. …

Sunday Morning Recap-Manufactured Housing Industry News March 20-March 27, 2016 Read More

Sun Communities Raising Funds to Pay for Carefree Acquisition

By / March 23, 2016 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned from euroinvestor that Sun Communities, Inc. (NYSE:SUI) has issued an underwritten public offering of 4,000,000 million shares of its common stock, with a 30-day option for the underwriters to purchase up to 600,000 additional shares. Sun intends to use the funds for its previously announced $1.68 billion …

Sun Communities Raising Funds to Pay for Carefree Acquisition Read More

Insider Trading at MH-related Firms

By / March 22, 2016 / Business, Company News, Economy, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, RV

In insider trading, Drew Industries, Inc. (NYSE:DW) insider Nick C. Fletcher sold 878 shares of Drew at an average price of $63.93 for a total value of $56,130.54. The company reported a quarterly dividend for shareholders of record April 1, 2016 of $0.30 per share to be paid on April …

Insider Trading at MH-related Firms Read More

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