“If you like having a monopoly, holding all the cards, knowing the tenants won’t move their homes out, never worrying about someone building a new property near you, and taking one of the tenant’s biggest assets if they default, then you’re going to love mobile home parks.” That statement and others are from a post on the Frank Rolfe and Dave Reynolds associated Mobile Home University website. It is also among others included in a new fact- and evidence-packed op-ed on the Patch.com. The Patch has published a new series on manufactured housing this week and Manufactured Housing Institute (MHI) leaders were given an opportunity to respond to them. Frank Rolfe and Dave Reynolds were also given an opportunity to respond. The MHI-linked Florida Manufactured Housing Association (FMHA) was contacted for remarks and information too.
Part I
1)
| from: | L. A. “Tony” Kovach for MHProNews |
| to: | Lesli Gooch – CEO @mfghome.org, David Goch – outside attorney @wc-b.com, Molly.Boyle@fpmgi.com, info@mfghome.org |
| cc: | William “Bill” Boor @cavco.com |
| bcc: | |
| date: | Aug 28, 2024, 4:13 PM |
| subject: | Media request for information and reaction |
Bill, Lesli, David, and Molly,
We are planning a report that includes MHI and Frank Rolfe. According to documents in our possession, Rolfe is a member of MHI/NCC. If Rolfe and Reynolds, or a firm linked to them, membership status has changed, please advise as we are on a deadline.
Next, as usual, we welcome reaction or response to any of the articles on MHProNews published recently or in recent years.
Lastly, we welcome any reaction or response to articles published on the Patch, including these:
Solution: “Would-Be Homebuyers Need 80% More Income Than 4 Years Ago”
New-Certified “Half Price Homes” – Affordable Housing Solution Redux
Renting? Rent too High? Odds Are DOJ Suit vs RealPage Matters to You
or any press release or other op-eds associated with our platforms.
You know the drill. Please email your reply for our mutual accuracy in publishing.
Thank you.
L. A. “Tony” Kovach … (for MHProNews/MHLivingNews)##
2) An informed source deemed reliable indicated to MHProNews that several of those inquiries were received, yet there have been no responses as of 1 AM ET on 8.29.2024.
3) At about 12:31 AM ET on 8.29.2024, the evidence-linked op-ed below was posted on the Patch. It is currently found on that site’s home page.
4) Google has been promptly indexing these items on the Patch authored by this writer for MHProNews and our parent company. The screen capture below is an example.
5) Those posts on the Patch are a mix of positive items that elevate manufactured housing as an important part of the solution to the U.S. affordable housing crisis. Others in that series point to problems and legal concerns in the manufactured home industry. MHProNews hereby extends its offer to publish a response provided by those named in the reports above or below which are shown and linked again below for reader convenience. The first link below is authored by “TARK” and the others are by this writer for MHProNews.
> TARK-‘I’m a Teen and Know the Solution to Affordable Housing Crisis’
> Renting? Rent too High? Odds Are DOJ Suit vs RealPage Matters to You
> Solution: “Would-Be Homebuyers Need 80% More Income Than 4 Years Ago”
> New-Certified “Half Price Homes” – Affordable Housing Solution Redux
> Frank Rolfe-Special Interests ‘Don’t Want to Solve Affordable Housing’
6) MHProNews plans a related follow up report, perhaps on Sunday, September 1, 2024. It will explore the potential meaning of those, and other measures taken to expose the concerns involving manufactured housing industry underperformance in the 21st century. They also probe the role of certain organizations, companies, individuals and entities in that pattern of underperformance during an affordable housing crisis.
7) Longtime readers and newcomers alike are reminded that certain state associations officials have responded to inquiries. Two examples are linked below. Those state association officials should be able to verify the accuracy of our published remarks about their responses. Rolfe and Reynolds should be able to verify that our prior reports that included responses from them were also accurate.
8) One possible takeaway, among others, is that MHI and FMHA linked officials, as well as business leaders of the entities named have no apparent excuse for not responding, unless they may feel it is in their best interest to maintain silence? The Fifth Amendment to the U.S. Constitution assures them of that right.
9) The MHVille Markets reports is next up. Stay tuned for what’s ahead on MHProNews, MHLivingNews and…at the Patch, or beyond. ##
Part II
Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
NOTICE: following the TPG deal with CAPREIT, TPG has been added to our tracked stocks list below.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.
The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
- In minutes a day, readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.
Headlines from left-of-center CNN Business – 8.28.2024
- CrowdStrike plans to spend $60 million to compensate customers for the global computer outage it caused
- The company’s market value is now over $3 trillion, one of only three US companies ever to achieve that milestone.
- Nvidia’s earnings are one of Wall Street’s biggest events. It just exceeded expectations again
- S. House candidate former Alaska Gov. Sarah Palin speaks at the Conservative Political Action Conference CPAC held at the Hilton Anatole on August 04, 2022 in Dallas, Texas.
- Sarah Palin granted new trial in defamation lawsuit against the New York Times
- Telegram founder Pavel Durov under formal investigation with bail set at $5.56 million, prosecutor says
- Tuesday’s outage came just hours after the Federal Communications Commission announced a $950,000 settlement with AT&T to resolve an investigation into a previous outage last August.
- AT&T just had another outage. Why does this keep happening to them?
- Russia bans entry to dozens of American journalists, including WSJ, NYT and Washington Post
- Wall Street just gave Warren Buffett an early birthday gift: Berkshire Hathaway is now worth $1 trillion
- The right-wing activist riding a wave of opposition to DEI in corporate America
- Lego plans to ditch oil in its bricks for pricier renewable plastic as profits surge
- The average 401(k) balance hit $1,595,200, up from $1,581,00 at the end of March, according to data from Fidelity.
- Number of 401(k) ‘millionaires’ reaches new high
- Harris’ economic plan is a response to voters’ frustrations. Appeasing them carries steep costs
- AT&T says it has resolved software issue that caused an outage for some wireless customers
- Mark Zuckerberg’s election-season gift to Republicans
- Pizza Hut is offering a pizza box that folds into a table
- Paying money to get your own cash: Some big retailers charge for cash-back requests, federal agency finds
- Kelce brothers hit ‘New Heights’ with $100 million podcast deal
- Kremlin tries to calm fears over security of Telegram after arrest of founder Durov in France
- Housing affordability in America is finally improving. Not so much in these cities
- Stop & Shop will join other major chains and stop selling cigarettes
- IBM is the latest Western firm to retreat from China
- A Russian Elon Musk with 100 biological children: Meet Pavel Durov
- Mark Zuckerberg says Meta was ‘pressured’ by Biden administration to censor Covid-related content in 2021
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Headlines from right-of-center Newsmax – 8.28.2024
- Pelosi Called Trump ‘Domestic Enemy’
- Former House Speaker Nancy Pelosi, D-Calif., called former President Donald Trump a “domestic enemy” the day after the Jan. 6, 2021, attack at the U.S. Capitol, according to HBO video footage. [Full Story]
- Israel at War
- 10 Killed as Israel Launches Major Raid on Occupied West Bank
- John Bolton to Newsmax: Iran Intimidated by Netanyahu
- Robert Wilkie: Iran Supreme Leader Fears Netanyahu
- KT McFarland: Enemies Take Advantage of Leaderless US
- Tel Aviv to Host Massive Alternative Oct. 7 Memorial Ceremony
- Rescued Israeli Hostage: ‘Darkness, Not Being Able to See’
- Caroline Glick: Israel Can Rescue More Hostages
- IDF Rescues Hostage Abducted in Hamas’ Oct. 7 Attack
- IDF Launches Large-Scale Operation in West Bank
- Moskowitz: Sinwar Must Release Hostages
- Biden Adviser Meets With Qataris About Gaza Negotiations
- IDF: Soldier Injured in Hezbollah Aircraft Attack
- Newsmax TV
- Rick Scott: Smith’s Move on Trump Is Election Interference
- John Bolton: Iran Intimidated by Israel’s Netanyahu
- Robert Wilkie: Iran Supreme Leader Fears Netanyahu
- KT McFarland: Enemies Take Advantage of Leaderless US
- Jason Miller: Harris Camp Deflecting on ABC Debate
- Walberg: People Believe Reality, Not Harris’ Policy Flips
- Winston Scott: Starliner Service Module Won’t Return
- Caroline Glick: Israel Can Rescue More Hostages
- Jason Miller: Harris Still ‘Dodging Debates’
- Ben Carson: Left Wrong to Think We’re ‘Simplistic’
- Newsfront
- FBI: Trump Gunman Spent Months Choosing a Target
- The gunman who tried to kill Donald Trump mounted a “sustained, detailed effort” to attack a major gathering of some sort before deciding to target the Republican presidential candidate at a Pennsylvania rally in July, FBI officials said Wednesday…. [Full Story]
- Harris Campaign Hire Bolsters Arab Voter Reach
- Kamala Harris’ campaign for U.S. president has hired an Egyptian [Full Story]
- Nvidia Forecasts Q3 Revenue Above Estimates
- Nvidia forecast third-quarter revenue above Wall Street estimates on [Full Story]
- Wall Street Ends Down; Investors Brace for Nvidia
- S. stocks fell Wednesday ahead of a quarterly report from Nvidia, [Full Story]
- Robert Telles Guilty of Murdering Reporter Jeff German
- A jury in Nevada has found a Democratic former Las Vegas-area [Full Story]
- Telegram’s Durov Avoids Jail With 5M Euro Bail, More
- A French judge put Telegram boss Pavel Durov under formal [Full Story]
- OpenAI in Talks to Raise Funding for $100B Valuation
- OpenAI, the startup behind the popular ChatGPT, is reportedly in [Full Story]
- Georgia Gov. Kemp to Appear at Trump Fundraiser
- Brian Kemp, R-Ga., reportedly will headline a fundraiser for [Full Story]
- Related
- Trump Campaign: Arlington Cemetery Staffer Tried to Block Us
- Trump Adds RFK Jr., Tulsi Gabbard to Transition Team
- Trump Vows to Launch Space National Guard If Elected
- Trump Team Blasts Harris, Media Over Wall Flip-Flop
- Abbott Calls Border Issue in Texas ‘Solved’
- The border issue in Texas has been “solved” but still exists [Full Story]
- Kremlin Rejects Zelenskyy’s Talk of Peace Plan
- The Kremlin on Wednesday dismissed talk by Ukrainian President [Full Story]
- Harris Skirts Responsibility in Afghanistan Crisis
- In August 2021, the fall of Kabul to the Taliban marked a devastating [Full Story] | Platinum Article
- Ruddy: Ratings Soar, Pre-IPO Plan Gets Big Response
- Newsmax CEO Chris Ruddy appeared on “Rob Schmitt Tonight” touting the [Full Story]
- WSJ Poll: Most See American Dream Slipping Away
- Most people still want the American dream, but they don’t believe [Full Story]
- Immigration Program Paused for Fraud Review May Restart
- The Biden administration may restart an immigration program that it [Full Story]
- Sharpen Your Chainsaw in 10 Seconds Without Removing the Chain
- Dotmalls
- Ford Motor Puts Brakes on DEI: Internal Memo
- Automaker Ford Motor said Wednesday it will change its diversity, [Full Story]
- Harris, Walz Campaign Together in Key Georgia State
- Democrat presidential candidate Kamala Harris and her running mate [Full Story]
- Sarah Palin Granted New Trial Against NY Times
- Sarah Palin on Wednesday won her bid for a new trial against the New [Full Story]
- Police Group to Harris: Apologize for 2020 Comments
- A police organization backing former President Donald Trump called on [Full Story]
- House Conservatives See Opening to Push Voting Bill
- With a continuing resolution likely needed to avert a government [Full Story]
- Nancy Pelosi Called Trump ‘Domestic Enemy’
- Former House Speaker Nancy Pelosi, D-Calif., called former President [Full Story]
- Yahoo/YouGov Poll: 39% Say Harris Has ‘Best Chance’
- More Americans think Vice President Kamala Harris has the “best [Full Story]
- Watchdog: Biden Pushed Gaza Pier Against Advisers’ Advice
- President Joe Biden ordered the construction of a temporary pier to [Full Story]
- Harris Camp Hits Trump Over Project 2025 in Ad Blitz
- Vice President Kamala Harris’ presidential campaign is running a [Full Story]
- How Death Could Become Reversible
- Can we come back from the dead? It depends, says a leading expert. [Full Story]
- French Prosecutors to Decide Telegram CEO’s Fate
- French prosecutors are expected to charge or release the CEO of the [Full Story]
- Related
- SKorea Calls on Social Media Platforms to Combat Digital Sex Crimes
- Trump, Harris Proposals Would Add Trillions to Debt
- Former President Donald Trump and Vice President Kamala Harris have [Full Story]
- Questions Grow About Tesla’s ‘Full Self-Driving’
- Three times in the past four months, William Stein, a technology [Full Story]
- 82 Percent of Americans Consider Delaying Retirement
- Eighty-two percent of Americans are considering delaying retirement [Full Story]
- US Surgeon General Issues Advisory on Parent Stress
- The U.S. surgeon general on Wednesday issued a public health advisory [Full Story]
- Pope Francis: Refusing Aid to Migrants a ‘Grave Sin’
- Pope Francis on Wednesday strongly decried the treatment of migrants [Full Story]
- 30-Year Mortgage Falls to Lowest Rate Since April 2023
- The interest rate for the most popular U.S. home loan slid to its [Full Story]
- More Newsfront
- Finance
- WSJ/NORC Poll: Most See American Dream Slipping Away
- Most people still want the American dream, but they don’t believe they’ll ever get there, according to poll results released Wednesday…. [Full Story]
- A Critical Analysis of Obamacare Failures
- Dow Tumbles 350 Points Ahead of Nvidia Earnings
- In Name of Freedom, Tech Money Going to Trump
- High Court Won’t Revive Biden’s Student Debt Plan
- More Finance
- Health
- Why You Wake Up Feeling Tired
- If you wake up feeling groggy, chances are you are just suffering from sleep inertia. That’s a normal part of the waking process as the brain adjusts to a wakeful state. According to Healthline, sleep inertia improves in about 15 to 20 minutes after waking so that you can…… [Full Story]
- New Lyme Disease Test Can Give Results in 20 Minutes
- Study: Donating a Kidney Safer Than Long Thought
- Study Supports Annual Mammograms After 40
- About the Oropouche Virus, Also Known as Sloth Fever
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-
-
- NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
- NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
- Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
- Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.
-
2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.
====================================
Disclosure. MHProNews holds no positions in the stocks in this report.
· For expert manufactured housing business development or other manufactured housing professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
- Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
- Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
- Note 3:
APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities, KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 (on 5.22.2024) and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.
