Author name: MHProNews

Manufactured Housing Institute announces Executive Committee election results

By / / Manufactured and Modular Housing News

The Manufactured Housing Institute (MHI) has announced the election of their new officers, which took place during their annual meeting at Scottsdale, AZ 9-15-2014.   The executive committee officers are; Nathan Smith (SSK Communities), Chairman.   Tim Williams (21st Mortgage), Vice Chairman.  Howard Walker (ELS), Treasurer.  Kevin Clayton (Clayton Homes), Secretary. […]

Manufactured Housing Institute announces Executive Committee election results Read More

The Big 5 Point 0 Rapidly Approaching

By / / Manufactured and Modular Housing News

 In anticipation of the 5th anniversary celebration of MHProNew’s service to the factory-built housing industry, Howard Walker, Vice-Chairman of Equity Lifestyle Properties (ELS), sent this message with his okay to quote: “The emergence of Tony Kovach’s group of publications has brought a new standard of professionalism to the industry. The

The Big 5 Point 0 Rapidly Approaching Read More

Hoarding along with dozens of cats found at home in MHC

By / / Manufactured and Modular Housing News

“Is there an unwritten rule that every third MHCommunity has someone who hoards and/or has a bunch of cats?” quipped manufactured home industry consultant and publisher, L. A. “Tony” Kovach. The comment flowed from the discovery of dozens of cats seized from the Niagara Mobile Home Park in Newfane, NY.

Hoarding along with dozens of cats found at home in MHC Read More

William ‘Bill’ Steenberg, Award winning Steenberg Homes founder, Passage

By / / Manufactured and Modular Housing News

William “Bill” Steenberg died Sunday, August 24, 2014, in Ft. Myers Beach, Florida, after a short, courageous battle with cancer. His fiance Wendy was by his side when he passed away. Bill’s children, Julie, Shelly, and Jeffrey and his granddaughter, Miranda, visited a couple weeks earlier in Florida.  Bill founded

William ‘Bill’ Steenberg, Award winning Steenberg Homes founder, Passage Read More

Equity LifeStyle’s stock hit record high as August ends

By / / Manufactured and Modular Housing News

The glow of investors and commentary for Equity LifeStyle Properties Inc. (NYSE:ELS) hit a peak as August drew to a close. ELS witnessed the stock hitting a record high on Friday. The stock traded as high as $45.81, up 39 cents from yesterday’s record closing price of $45.42. The Street, Trade-Ideas 

Equity LifeStyle’s stock hit record high as August ends Read More

INC names mancamp provider Reliant Asset Management 3rd fastest growing private business

By / / Manufactured and Modular Housing News

Barry Roman is the co-founder of Reliant Asset Management, a provider of mancamps in ND, Texas, Canada and other high demand housing markets. Roman says his modular building company’s revenues rose 55,000 percent in three years, to just over $85 million. Inc Magazine named Reliant to their annual list of high

INC names mancamp provider Reliant Asset Management 3rd fastest growing private business Read More

Manufactured Housing Stocks Rising before Labor Day Weekend

By / / Manufactured and Modular Housing News

The Dow slipped, while other U.S. exchanges rose and most tracked stocks went up in advance of the Labor Day weekend. Dow 17,063.88 -15.69 (-0.09%). Nasdaq 4,572.95 +15.25 (+0.33%). S&P 500 1,999.93 +3.19 (+0.16%). Yahoo! Finance’s Manufactured Housing Composite Value: 831.1. Today’s Change: +0.12%. Affiliated Managers Group (AMG) $210.97 +0.69

Manufactured Housing Stocks Rising before Labor Day Weekend Read More

Judge says MH class-action lawsuit heading for trial

By / / Manufactured and Modular Housing News

Following up on our previous report on Moscow, Idaho’s Syringa Mobile Home Park legal fracas, Latah County 2nd District Judge John R. Stegner has told attorney’s representing community owner Magar E. Magar and roughly 140 residents that the case is heading to trial to settle the claims and damages. Elizabeth

Judge says MH class-action lawsuit heading for trial Read More

Allegations of Flooded, Fixed, Flipped ‘Mobile Homes’ hit state, international news

By / / Manufactured and Modular Housing News

The City of Federal Heights is changing building inspection rules in response to a televised investigation in a manufactured home community by 9Wants to Know, exposing safety concerns when flooded “mobile homes are resold to unsuspecting families,” NassauNewsLives tells MHProNews. Hundreds of flood damaged homes were sold rather than scraped.

Allegations of Flooded, Fixed, Flipped ‘Mobile Homes’ hit state, international news Read More

Freddie Mac’s new Manufactured Housing finance program orignated by Walker & Dunlop

By / / Manufactured and Modular Housing News

The new Freddie Mac manufactured housing community (MHC) finance program announced last spring has been originated by Walker & Dunlop (W&D). The loan was for $10.5 million on Longhaven Estates, an MHC in Phoenix, AZ. The financing was secured for Cobblestone Real Estate, LLC, based in Oak Brook, IL, and

Freddie Mac’s new Manufactured Housing finance program orignated by Walker & Dunlop Read More

Canadians Investing Large in U.S. Housing Markets

By / / Manufactured and Modular Housing News

“In the U.S., given the affordability and the fact that prices in the suburbs went down more significantly than in the cities you will see more and more options and opportunities outside big cities,” said Benjamin Tal, Canadian Imperial Bank of Commerce (CIBC) analyst. With Canadian markets hot – and

Canadians Investing Large in U.S. Housing Markets Read More

Manufactured Home Community Rent Control on Public Meeting agenda

By / / Manufactured and Modular Housing News

The City of Santa Clarita, CA, will host three public comment meetings to discuss draft updates to Santa Clarita Municipal Code 6.02, the Manufactured Home Park Rent Adjustment Procedures. Meetings are open to the public, as well as to residents of manufactured home communities, business owners and managers. The City

Manufactured Home Community Rent Control on Public Meeting agenda Read More

“The Big One” Cyber Attack coming? Markets and MH Composite all slide

By / / Manufactured and Modular Housing News

Big banks are poised to earn even more, cyber security experts say the ‘Big One’ is coming and fears from the Ukraine were among the factors cited by MarketWatch  moving investors. The three major indexes all lost ground today. Dow 17,078.87 -43.14 (-0.25%). Nasdaq 4,557.70 -11.92 (-0.26%). S&P 500 1,996.76

“The Big One” Cyber Attack coming? Markets and MH Composite all slide Read More

New York Times reports Long Island “Mobile Home Park” resales command $1 Million

By / / Manufactured and Modular Housing News

It isn’t just Aspen, Colorado or Malibu, California that one sees 7 figure sales involving manufactured homes in ‘mobile home parks.’ The New York Times  reports to MHProNews  that living-in or getaways-to Montauk Shores manufactured home community on the East End of Long Island has been enjoyed by celebrities such as Andy Warhol and Dick Cavett. Montauk Shores’ Mr. Alpha Doughan

New York Times reports Long Island “Mobile Home Park” resales command $1 Million Read More

TV ad buys down, Online Digital Media Up, Marketers say

By / / Manufactured and Modular Housing News

In a trend with implications for manufactured homes and other housing marketers, the U.S. TV industry has seen its first big drop in ad buys since the great recession of 2009. More is being allocated to internet based strategies, FT  tells MHProNews. The Wall Street Journal has previously reported on this

TV ad buys down, Online Digital Media Up, Marketers say Read More

“What Recovery?” Unemployed ask Federal Reserve at posh Jackson Hole conference

By / / Manufactured and Modular Housing News

  Unemployment is a factor in home purchases that industry leaders such as Cavco Industries Chairman and CEO, Joe Stegmayer, cites as a reason for the current level of home buying. While millions have reportedly given up on finding work, others have taken their case public, with a recent example

“What Recovery?” Unemployed ask Federal Reserve at posh Jackson Hole conference Read More

Nimby Leading Loss of Affordable Housing? County buys MHC to close it

By / / Manufactured and Modular Housing News

De Kalb County, Illinois purchased to close “flood prone” Evergreen Village Mobile Home Park in Sycamore, the Daily Chronicle tells MHProNews. “I don’t have much of a choice, because we’re in a flood plain and I can’t fix houses,” the property owner, Frank Santoro said. “I have to accept what

Nimby Leading Loss of Affordable Housing? County buys MHC to close it Read More

Heckaman Homes – A+ with BBB – celebrates 45 years and 20,000+ systems built homes

By / / Manufactured and Modular Housing News

Founded in 1969, Nappanee, Indiana based systems builder, Heckaman Homes has surpassed the 20,000 homes produced milestone. Rated A+ by the local Better Business Bureau (BBB), Heckaman was purchased by Craftech Building Systems Inc. in 1986. President John Mahnken “Started on the production line 25 years ago,” says Jeff Tanner,

Heckaman Homes – A+ with BBB – celebrates 45 years and 20,000+ systems built homes Read More

U.S. Markets Down, Skyline leads gainers while MH Composite slides

By / / Manufactured and Modular Housing News

Twitter’s CEO sounded off on Snapchat’s 10 billion dollar valuation not being “absurd,” on a day that saw a modest retreat in U.S. exchanges. Dow 17,102.31 -4.39 (-0.03%). Nasdaq 4,564.85 -5.79 (-0.13%). S&P 500 1,997.83 -2.19 (-0.11%). Yahoo! Finance’s Manufactured Housing Composite Value: 848.7, today’s change: -0.63%. Affiliated Managers Group

U.S. Markets Down, Skyline leads gainers while MH Composite slides Read More

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