Elkhart, Indiana based Drew Industries (NYSE:DW), a leading supplier of RV and manufactured housing industries components, has announced their second quarter results. According to their August 9th, 2016 SEC filing by Chief Financial Office (CFO) David Smith, their Board of Directors approved a regular quarterly cash dividend of $0.30 per […]
Drew’s Q2 – Dividends and Insider Trading Read More
Schroder Investment Management Group acquired an additional $2,017,000 worth of Equity LifeStyle Properties (ELS) shares for the quarter ending July 30th, 2016. Finance Daily tells MHProNews that the purchase results in a 2.2% increase over its previous holdings in the REIT (NYSE: ELS) bringing total investment figures up to $15,875,000.
Management Group Increases Holdings in Equity LifeStyle Properties (ELS) Read More
Jim Weiker at the Columbus Dispatch recently told MHLivingNews about their take on the growing popularity of “Tiny Houses,” and compared them to the manufactured home (MH) market. Factory-built home industry professionals have been aware for years of the trend. Some – like Fairmont’s President Brian Cira – have wondered
Mainstream newspaper shares the love for MH, compares favorably to trendy Tiny Houses Read More
MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end
UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More
MHProNews was privy to the August 5th conference call conducted by UMH Properties, Inc. Participants included corporate management, members from UMH’s Board, as well as analysts, advisors and investors familiar with the community and retail segments of the MH Industry. Nelli Madden, Director of Investor Relations hosted the call, as key
MarketWatch informs MHProNews that the Fed’s job-market index has the first gain of year in July. Consumer spending and income expectations rise. Wal-Mart announces $3.3 billion acquisition of Jet.com. Dow tripped downward, as did the S&P 500 and the NASDAQ. The Dow Jones Industrial Average receded -0.08 percent with a loss of -14.24
Skyline 4Q Leaps Skyward, MH Composite Index rallies despite Dow’s slide Read More
The new featured articles for MHProNews will begin to go live later today, on August 1. Because of the size of this issue, new articles will continue to be added to the featured articles module until completed, which is expected to be August 2, 2016. A new Cup of Coffee with…
An American August in MHVille – New Feature Articles Alert Read More
MHProNews has learned from fidaily that GW&K Investment Management LLC purchased 15,805 shares of common stock of manufactured home community owner, Sun Communities, Inc. (NYSE:SUI) for the quarter ending June 30, 2016, increasing its stake to 2.3 percent. According to the filing with the Securities and Exchange Commission (SEC), GW&K’s investment is now
Hedge Funds Trading in Shares of Sun Communities Read More
Mayor Jim Watts of Fort Meade, Florida was surprised when only one management firm responded to a request to operate the city’s manufactured home community, theLedger tells MHProNews. Newby Management was the only respondent. While the city has managed the 250-home site MHC over the years, city commissioners thought
Newby Management considered for Fort Meade’s MH Community Read More
Filipino real estate developer “Robbie Antonio defines the art of living by living with art,” writes Keren Blankfeld in Forbes. Antonio launched Revolution Pre-crafted Properties with the aim of offering designer class to his nation’s middle class. “I want the homes to be perceived as art pieces,” Antonio says of
Revolution Pre-Crafted Properties launched Classy Modular Homes for Masses Read More
Marketwatch’s Joseph Adinolfi points out that as new highs are hit on the Dow, that investors have actually been selling for months. “Investors have pulled the equivalent of $133 billion from global equity funds so far this year, according to a weekly fund flows report from Bank of America Merrill
Manufactured Housing Composite Value passes 1525, but Investors Keep selling Read More
Following a recent and successful hip replacement procedure, veteran speaker and writer Tim Connor faces what doctors are calling a “very serious” heart procedure in the next 24 to 48 hours. The procedure will be performed at Charlotte NC’s Novant Hospital branch, in their ICU specialty unit. At one point,
Tim Connor’s heart procedure looms, prayers requested Read More
The stock markets are closed today, in celebration of Independence Day. This year marks 240 years since the 13 colonies declared their independence from England. For a reflection on independence then and now, click here. (Image credit, History.com)
Happy 240th Birthday America – Markets Closed for 4th of July holiday Read More
At the depth of the Obama-era great recession, Ron Thomas Sr. – MMHF Chairman and RV MH Hall of Fame founder of Rona Homes – said that the industry needed to stop comparing its performance to the peak of 1998; rather, Thomas suggested that MH Professionals must look at 2009-2010
July 2, 2016 – the Manufactured Housing rEvolution! Read More
With Dodd-Frank, financing and CFPB related issues routinely on the minds of manufactured housing industry professionals, The Daily Business News has learned from American Banking News the following report on the Manufactured Housing Institute (MHI), which is made available below. “The Manufactured Housing Institute has been leading the campaign to bring more
American Banking News – Key MHI Staff “Excoriated” for Failing Their Mission, Members Read More
June 15, 1976 marks the formal start for the first manufactured homes built to the Federal Manufactured Home Construction and Safety Standards passed in 1974. Administered by the U.S. Department of Housing and Urban Development, the manufactured home standards are thus commonly called the HUD Code. Here on MHProNews and
40th Anniversary of HUD Code Manufactured Housing Read More
MHLivingNews.com will be doing a celebration feature to commemorate the 40th Anniversary of the first factory-built homes constructed to the HUD Code for Manufactured Housing. The “big 4-0” is on June 15, 1976. MHLivingNews.com already has a new video that features a ‘walk down memory lane,’ reflecting the advances from
40th Anniversary of Manufactured Housing Approaches Read More
MHProNews has been fielding industry responses via email, phone and text to the report and analysis linked below. Why did 4-9-2016 MHI Housing Alert mislead Association and industry members? Based upon early feedback, MHProNews sent the following inquiry to MHI members for their response. The inquiry included the link above,
Manufactured Housing Institute members react-Allegations of Misleading MHI Housing Alert Read More
The June 2016 Featured Articles for MHProNews are scheduled to go live on Thursday, June 2nd. The new issue will feature interviews, special reports, videos, financing, Fair Housing, Legal business building and that compliment our industry leading array of topics and issues that impact your bottom line. Its the Industry
June Featured Articles Scheduled to Go Live Thursday Read More
The Manufactured Housing Institute’s (MHI) 2016 Congress and Expo held at Caesar’s Palace Conference Center in Las Vegas Nevada is now in the rear view mirror. For a pictorial ‘flash report’ of some of the people and sights, please click here. ## (Image credit, MHProNews)
Manufactured Housing Institute (MHI) 2016 Congress and Expo Flash Report Read More
