MHProNews has learned from insideindianabusiness that Patrick Industries, Inc. (NASDAQ:PATK) is spending over $1 million in new information, technology and facility improvements at two leased buildings in Mishawaka, Indiana comprising 140,000 square feet of space, with plans to create 84 jobs. Patrick has a five-year lease for the two buildings, …
Following a story regarding the proposed rule by HUD that would draw a better distinction better manufactured housing and Park Model RVs, as MHProNews posted Feb. 13, 2016, two national RV associations issued a joint statement which reads, “This proposed rule provides a critical solution to the regulatory uncertainty that …
What’s New in public focused Manufactured HomeLivingNews.com Manufactured and Mobile Homes Aren’t Just for Millionaires – Main Street, Middle America Too What’s New in Manufactured Housing Industry Professional News High rents tough on low-income families. Residents of co-ops save money. Drew notches record revenues. New HUD rule supported by U. …
Sunday Morning Recap-Manufactured Housing Industry News Feb. 7-Feb. 14, 2016 Read More
Following a story MHProNews posted Feb. 8, 2016 regarding the exemption of recreational vehicles (RVs) from the Department of Housing and Urban Development’s (HUD) definition of manufactured housing (MH), proposed new rules would not exempt RVs that are used as a primary residence or for permanent occupancy. According to realestaterama, …
The producer of component parts for the manufactured housing and recreational vehicle industries, Drew Industries, Inc. (NYSE:DW) reported record sales for Q4 2015 of $334 million, up 16 percent from the same period of 2014. Although sales fell slightly short of the consensus estimate of $336 million, net income rose …
According to what thehill tells MHProNews, recreational vehicles (RV) are currently exempt from the Department of Housing and Urban Development (HUD)’s rules for manufactured homes (MH). New proposed rules say those RVs that are used as a “primary residence or permanent dwelling” should not be exempt. HUD wants to redefine …
MHProNews has learned from prnewswire that Patrick Industries, Inc. (NASDAQ:PATK) will release its fourth quarter and year end 2015 financial results before the market opens on Thurs., Feb. 18, 2016. Later that same morning at 10:00 AM eastern time Patrick intends to host a conference call to discuss the results …
Four-and-a-half months after the Valley Fire swept through portions of south Lake County in California, in Sept., destroying 1,280 homes and devastating over 76,000 acres, James Westrich, 82, has become the first home owner to be issued an occupancy permit, which allows him to move in, and it is for …
Manufactured Home is First Permanent Wildfire Replacement Read More
MHProNews has learned from streetinsider that Lippert Components, Inc., the wholly-owned subsidiary of Drew Industries, Inc. (NYSE:DW) has acquired the pontoon furniture manufacturing business of Highwater Marine, LLC, which is a leading manufacturer of pontoon boats and other recreational marine craft. Both Drew and Highwater are situated in Elkhart, IN. …
Missing the Thomson Reuters estimate by $0.01 earnings per share (EPS), Equity LifeStyle Properties, Inc. posted Q4, 2015 EPS of $0.74, earning $201.60 million for the quarter, as compared to analysts estimates of $189.09 million. Revenue increased 5.9 percent over the same quarter last year when ELS posted EPS of …
In a news release from prnewswire, the board of directors of Patrick Industries, Inc. (NASDAQ:PATK) has authorized a repurchase of up to $50 million of the company’s common stock over the next two years. Share buyback will be made on the open market or in private transactions. CEO Todd Cleveland …
What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing. …
Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More
MHProNews has learned from equitiesfocus that Sun Communities, Inc. distributed a dividend of $0.65 per share to its shareholders of record as of Dec. 31, 2015. The payout date was Jan. 15, 2016, and was the same amount as the dividend last year. Earnings per share (EPS) one year ago …
Retail sales on the year fell to their lowest pace since 2009, climbing only 2.1 percent for the year, the smallest gain since the Great Recession ended, raising concerns about consumer spending going into 2016. As bloomberg informs MHProNews the 0.1 percent drop in Dec., 2015 followed a gain of …
What does collapsing Walmart, other retail sales mean for Manufactured Housing? Read More
What’s New in public focused Manufactured HomeLivingNews.com What PBS NewsHour Missed About Manufactured Home Living Nicole Barker compares her Modular Home with conventional construction What’s New in Manufactured Housing Industry Professional News FHFA may securitize chattel loans. PBS NewsHOur critical of MH industry, as HUD Code production gains sharply in …
Sunday Morning Recap-Manufactured Housing Industry News Jan. 3 -Jan. 10, 2016 Read More
The nominating committee for the inductees into the RV/MH Hall of Fame had to narrow down a field of 72 to ten people, as MHProNews understands. The Board of Directors of the Heritage Foundation hereby presents the Class of 2016: Gary Bunzer, Bunzer Consulting, 40 years as an RV training …
Updating the story MHProNews last posted Dec. 12, 2015 regarding the clean-up of debris from the wildfires in northern California, Fire Recovery Coordinator Carol Hutchingson said 21 Federal Emergency Management Agency (FEMA) manufactured homes (MH) have been sited in Lake County. Most of them are at Lake Village Estates in …
In a disclosure filed with the Securities and Exchange Commission (SEC), MHProNews has learned that on Dec. 24, 2015 Jeffrey L. Et Al Gendell unloaded another block of Patrick Industries, Inc. (PATK) stock. The 15,431 shares were sold at an average price of $42.07 for a total value of $645,395.87, …
Manufactured home community owner Equity LifeStyle Properties, Inc. (NYSE:ELS) share price marked a new 52-week high in Monday’s session, Dec. 28, reaching $66.33, according to putnamstandard, but closed even higher Tue., Dec. 29, at $66.81, as reported in MHProNews stock report. On the Dec. 28 report, four investment analysts gave …
What’s New in public focused Manufactured HomeLivingNews.com Saving the American Dream for a Soldier, new Wife and Family What’s New in Manufactured Housing Industry Professional News MHARR slams FHFA for excluding chattel loans. Ordinance prevents more MH in the community. Assessments on MH sites maddens owners. Block grants to replace …
Sunday Morning Recap-Manufactured Housing Industry News Dec. 20-Dec. 27, 2015 Read More
