What is it that many liars, cheats, and con artists fear? Isn’t it exposure, getting caught and exposed by the truth of their deception and misdirection? Aren’t the potential legal, moral, and reputational consequences of their manipulation part of the risk that a con artist takes? Perhaps it can’t be …
NASDAQ reported that: “Legacy Housing (LEGH) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.77 per share.” Be that as it may, odds are that the analysts cited by Zack’s lacked some key insights or they wouldn’t have missed their estimates. With that …
The recreational vehicle (RV) industry and the manufactured home industry have similar and in some respects “intertwined” origins, as the Smithsonian Institute, the RVIA, and other sources would say. Per Bing’s AI powered Copilot: “The origins of the RV (Recreational Vehicle) and manufactured home industries are intertwined, with both having their roots in the early …
Equity LifeStyle Properties (ELS) and Sun Communities are the two largest operators of manufactured home land-lease communities in the country, as many industry professionals know. What is less understood by those engaged in the industry, investors or other observers are the meaning of statements being made by the firm. Those …
“Patrick Waite is the Executive Vice President and Chief Operating Officer of Equity Lifestyle Properties, Inc. (NYSE: ELS), which owns and operates an $11 billion portfolio of manufactured home resort communities and RV properties across the United States and British Columbia,” according to bus.wisc.edu. Bloomberg’s profile of David P. Eldersveld …
“You’ve got to have confidence. Once we understood the business we had absolute confidence in its future.” said Equity Lifestyle Properties (ELS) Chairman, Sam Zell to a packed room of industry professionals at the W Center in Chicago, IL. What made his quote even more compelling was its timing, coming …
Sam Zell, “The Point of the Spear” and “You’ve Got to Have Confidence” Read More
The U.S. Department of Justice website indicates that the legislation referenced in the testimony by the National Manufactured Housing Federation (see Part II below) was enacted. Next from the headline topics, the legal research and opinions referenced herein include federal and state laws per a document focused on the subject …
Did the late Sam Zell overpay when his firm acquired MHVillage and Datacomp? According to MarketScreener, “Equity LifeStyle Properties, Inc. (NYSE : ELS) acquired MHVillage Inc. on December 31, 2021. In a related transaction Equity LifeStyle Properties, Inc. also acquired Datacomp. The consideration for the combined transaction was $43 million. …
A manufactured home resident leader sent MHProNews the following quote. “Capitalism without competition isn’t capitalism,” Joe Biden said per Frommers, before he signed an executive order that he claims will make air travel less costly. “It’s exploitation.” A longtime professional interested in manufactured housing issues emailed MHProNews the following remarks: “You …
