MHProNews

Sun Communities (SUI) Buying Orlando Manufactured Housing Portfolio in $258M Deal

By / December 5, 2014 / Manufactured and Modular Housing News

  The Street Insider  tells MHProNews that Sun Communities, Inc. announced it’s entering an agreement to acquire 7 manufactured home communities (MHCs) including associated manufactured homes and other intangible assets. The MHCs are located in the Orlando, Florida area. The 7 MHCs are some 3,150 manufactured home sites. Approximately 60% …

Sun Communities (SUI) Buying Orlando Manufactured Housing Portfolio in $258M Deal Read More

What are the Top 10 Items Home Buyers Want?

By / December 5, 2014 / Manufactured and Modular Housing News

In today’s market home buyers want more for their money. MarketWatch  tells MHProNews   the top ten items desired by housing shoppers. While MH was not mentioned, those 10 hot buttons could be a road map for more manufactured home sales.  Jeremy Burbank, Vice President of the Demand Institute said: …

What are the Top 10 Items Home Buyers Want? Read More

Murex Properties CEO Steve Adler Rocks the House

By / December 5, 2014 / Manufactured and Modular Housing News

“Customers come first. Starting with a resort-style level of maintenance, to adding amenities that meet the ever changing resident profile,” says Steve Adler, President and CEO of Murex Properties. Adler is the new Chairman of the National Communities Council (NCC). He is currently the most read article on MHProNew, in …

Murex Properties CEO Steve Adler Rocks the House Read More

October production increase in new Manufactured Home shipments

By / December 4, 2014 / Manufactured and Modular Housing News

The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews  that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured home production growth continued during October 2014. Just-released statistics indicate that HUD Code manufacturers produced 6,505 homes in October 2014, …

October production increase in new Manufactured Home shipments Read More

The Scope says UMH Properties Inc. a High Dividend Stock

By / December 4, 2014 / Manufactured and Modular Housing News

Wall Street Scope  included UMH Properties, Inc (UMH)  in their December 3, 2014 dividend report. UMH is in part the Real Estate Investment Trust (REIT) sector, and are a leader in manufactured home land lease communities. The firm is currently a high dividend stock with a dividend yield of 7.62% today and …

The Scope says UMH Properties Inc. a High Dividend Stock Read More

Is US or China #1 Economy? Markets retreat, including MHCV

By / December 4, 2014 / Manufactured and Modular Housing News

Marketwatch spotlights a debate for MHProNews about which economy is bigger, the U.S. or China. They also question the argument that low gas prices are good for the economy. Whatever the case, the markets retreated from record highs today. MH Communities, builders and suppliers were mixed. For your ticker-tape pleasure, …

Is US or China #1 Economy? Markets retreat, including MHCV Read More

Negative views about Manufactured Housing in the media – do we just expect and accept it?

By / December 4, 2014 / Manufactured and Modular Housing News

In a recent Question and Answer column in Maine’s Tri-Town Weekly,  a commentary by news writer John McDonald was published under the headline, DOWN THE ROAD A PIECE: On the move.  McDonald’s column was in reply to an email received from “Frank,” who wrote: “We moved here from a southern …

Negative views about Manufactured Housing in the media – do we just expect and accept it? Read More

Advocates and Manufactured Housing experts working for Flood Victims

By / December 4, 2014 / Manufactured and Modular Housing News

It’s been about a year since the flooding in Lyons Colorado, and prior residents of the Riverbend Mobile Home Park are having a difficult time finding housing they can afford. Residents are coping with the reality that they’ve lost everything. Some are having a more difficult time adjusting than they …

Advocates and Manufactured Housing experts working for Flood Victims Read More

Street Scopes out SUN Communities Inc.

By / December 3, 2014 / Manufactured and Modular Housing News

Sun Communities Inc. (SUI) – part of the Real Estate Investment Trust (REIT) sector – closed at 58.41 +0.44 (0.76%) on Wednesday, Google Finance reported. Wall Street Scope  says the return on investment is 5.00%, as of Tuesday, and Sun performed above average with a weekly performance of 1.85%, moving …

Street Scopes out SUN Communities Inc. Read More

Liberty’s big Rise, Oil and Ruble slide, MHCV and DOW on upward glide

By / December 3, 2014 / Manufactured and Modular Housing News

Marketwatch  says that T. Boone Pickens predicts a return to $100 a barrel, but in the short term the slide of oil caused by OPEC is having an impact on Russia and their rubble. MH community connected stocks, producers and suppliers closed mix.  Today’s results by-the-numbers… Dow 17,912.62 +33.07 +0.18%. …

Liberty’s big Rise, Oil and Ruble slide, MHCV and DOW on upward glide Read More

Seniors facing crisis, states the Economist and Senior Housing…but what about MH?

By / December 3, 2014 / Manufactured and Modular Housing News

The nation’s faced many up and downs with the financial and economic crisis. Seniors are facing their own. Higher costs of living on a modest Social Security payment has forced many to plan sooner and add more to their retirement. Seniors are being forced to retire later compared to ten …

Seniors facing crisis, states the Economist and Senior Housing…but what about MH? Read More

City and Residents locked in emotional tussle over MH Community closure

By / December 3, 2014 / Manufactured and Modular Housing News

The Pelham, AL City Council members decided to close the Belle Vista manufactured home community. Council members hope their decision will lead the way for a residential recreational community that includes a park and a walking trail. Residents are not happy with such a move. Marco Huerta, a Belle Vista …

City and Residents locked in emotional tussle over MH Community closure Read More

Gentrification and Community Closure playing out

By / December 2, 2014 / Manufactured and Modular Housing News

Gentrification has become a hot topic in many parts of the U.S.. MHProNews   took a look at the issue as it’s playing out for residents in a manufactured home community (MHC) in San Antonio. New residents coming to downtown are a welcome sight to local businesses. So a planned …

Gentrification and Community Closure playing out Read More

Skyline and Sun Rise, Ditto MHCV, Dow, Nasdaq and S&P

By / December 2, 2014 / Manufactured and Modular Housing News

Marketwatch  points to the the opinion by some that America can win and ‘oil war’ with OPEC, which for now is leaving more money in the hands of U.S. and other consumers. Liberty Homes took the biggest dive in today’s factory-built housing connected stocks tracked by the Daily Business News, …

Skyline and Sun Rise, Ditto MHCV, Dow, Nasdaq and S&P Read More

Freddie Mac securitized financing for Manufactured Home Communities

By / December 2, 2014 / Manufactured and Modular Housing News

Mitchell Resnick, vice president of Freddie Mac Multifamily Capital Markets said: “We are proud to announce our first ever K-Deal that includes a loan backed by a manufactured housing community asset.” MHProNews  has learned from Marketwired  that the non-recourse loans use Structured Pass-Through Certificates (“K Certificates”), multifamily mortgage-backed securities. The …

Freddie Mac securitized financing for Manufactured Home Communities Read More

DRM Investments use technology for enhanced Commercial Modulars

By / December 2, 2014 / Manufactured and Modular Housing News

  Commercial modular structures are non-residential buildings pre-fabricated in a production facility and then assembled on location for permanent installation. As in the case of residential modulars, commercial modulars use the same building materials that are used in conventional construction. So there is no loss of quality, in fact, both …

DRM Investments use technology for enhanced Commercial Modulars Read More

Think Loan Steering is no big deal? Wells Fargo Settles $175 Million case

By / December 1, 2014 / Manufactured and Modular Housing News

Wells Fargo will pay $175 million in compensation to more than 30,000 minority borrowers who allegedly were steered into riskier, more expensive loans during the housing boom. US News  tells MHProNews  that the Deparment of Justice (DOJ) alleged the nation’s biggest residential home lender charged African-Americans and Latino borrowers higher rates …

Think Loan Steering is no big deal? Wells Fargo Settles $175 Million case Read More

Pick Three – Manufactured Housing Stock Summary – Skyline, Cavco, Patrick – Dec 1, 2014

By / December 1, 2014 / Manufactured and Modular Housing News

The ‘Pick 3’ will be a new, periodic feature here on the Daily Business News. The idea is to give you a snapshot of a stock, based on public information. But there is more… Many investors “discovering” the Walmart of quality, affordable manufactured housing are finding some surprises. In an …

Pick Three – Manufactured Housing Stock Summary – Skyline, Cavco, Patrick – Dec 1, 2014 Read More

Manufactured Housing Composite slips, Black Friday and Dow Dips, big Oil drips

By / December 1, 2014 / Manufactured and Modular Housing News

Black Friday sales slipped, which retailers say was actually a good sign, because buyers aren’t pressured to get the best deals. While the drop in crude oil has helped consumers to the tune of about $1,100 a year, OPEC pressure on North American shale production could hurt job creation too. …

Manufactured Housing Composite slips, Black Friday and Dow Dips, big Oil drips Read More

Jim Pakulis proclaims bold growth plan for manufactured housing retailing

By / December 1, 2014 / Manufactured and Modular Housing News

Jim Pakulis, CEO of SearchCore, the parent company of manufactured housing retailer Wisdom Homes of America, announced today what one industry commentator called a “bold growth” vision.. Globewire carried Pakulis’ open letter, which says that after they spun-off the technology sides of their operations earlier this year, they made the …

Jim Pakulis proclaims bold growth plan for manufactured housing retailing Read More

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