Business

Habitat Teams with Air Base to Replace Special Needs Caregiver’s Manufactured Home

By / / Business, Events, Manufactured and Modular Housing News, Manufactured Homes, People

A Tularosa, New Mexico man and recent cancer survivor who works as a caregiver for individuals with special needs will receive a new manufactured home compliments of a partnership between White Sands Habitat for Humanity and Holloman Air Force Base’s Big Give program. White Sands Habitat for Humanity Executive Director […]

Habitat Teams with Air Base to Replace Special Needs Caregiver’s Manufactured Home Read More

Sunday Morning Recap-Manufactured Housing Industry News July 17-July 24, 2016

By / / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com The Aha! Moment – Entertainer’s Delight LifeStyle Model Home Video Tour Proud to be American, God Bless the USA, Lee Greenwood Music Video, Interview What’s New in Manufactured Housing Industry Professional News Trump’s acceptance speech unexpectedly draws favorable response on CNN. New Jersey

Sunday Morning Recap-Manufactured Housing Industry News July 17-July 24, 2016 Read More

New Jersey Home Improvement Firm Accused of $1.1 Million Fraud in Modular Home Scam

By / / Announcements, Business, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Modular

A Manahawkin, New Jersey construction company and two of its owners have been accused of bilking the federal government and Superstorm Sandy victims out of more than $1.1 million for work either not done or not completed. According to a complaint filed by the New Jersey Department of Community Affairs

New Jersey Home Improvement Firm Accused of $1.1 Million Fraud in Modular Home Scam Read More

MH Component Supplier Drew to Discuss Q2 Financials

By / / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Drew Industries, Inc. of Elkhart, Indiana (NYSE:DW) will release its second quarter, 2016 financials before the market opens on Thurs., Aug. 4, 2016, according to prnewswire. A supplier of components to the manufactured home and recreational vehicle industries, Drew will hold a conference call later that same day at 11

MH Component Supplier Drew to Discuss Q2 Financials Read More

UK Hotel will be Modularly Built

By / / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

MHProNews has learned from constructionenquirer in the UK that Elements Europe has been chosen by Berkeley Homes to manufacture 130 modular rooms for Premier Inn’s hotel in Woolwich, south London. Elements Europe will also make the stair cores and linen rooms as it works closely with EPR architects to finalize

UK Hotel will be Modularly Built Read More

UFPI Gains 5.59 Percent; Dow Returns to Positive Territory

By / / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Yahoo sale nears end, Verizon in the lead. Skechers is having a terrible year. Will we get to see Mike Pense’s tax returns. Jeff Bezos richer than Warren Buffett. George Harrison estate angered the RNC used his music. Wonder Woman gets her own postage stamps.

UFPI Gains 5.59 Percent; Dow Returns to Positive Territory Read More

First Time Home Buyers Returned in June

By / / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

Marking the best month for existing home sales since Feb. 2007, the National Association of Realtors (NAR) reports homes sold at a seasonally-adjusted annual rate (SAAR) of 5.57 million homes in June, marking the fourth consecutive month of strong home sales. With an increase of over one percent from May,

First Time Home Buyers Returned in June Read More

Texas Commissioners Deny MHC App, Prompting DJ Pendleton to Come out Swinging

By / / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, Zoning

In Del Valle, Texas, near Austin, despite a zoning recommendation from city staff in favor of a new manufactured home community as requested by the applicant, members of the Zoning and Platting Commission voted against the zoning change. Neighbors complained of crime– “We don’t want that increased vandalism, that increased

Texas Commissioners Deny MHC App, Prompting DJ Pendleton to Come out Swinging Read More

Manufactured Home Community Changes Hands in Pennsylvania

By / / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from pennlive that Pine Terrace MHP LLC, of Atglen, PA has acquired a 75 home site manufactured home community (MHC), Strohecker MHP, in Halifax Township, just north of Harrisburg, Pennsylvania. Chuck Heller and Drew Bobincheck handled the transaction on behalf of the sellers, Curt and Janet Strohecker.

Manufactured Home Community Changes Hands in Pennsylvania Read More

The Dodd-Frank Legacy: Billions Spent, More Designated, Questionable Gains

By / / Advocacy, Business, Economy, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

Six years after passing the Dodd-Frank Act, which was designed to avert another financial crisis, the American Action Forum (AAF) asserts Dodd-Frank has imposed over $36 billion in final rule costs plus 73 million paperwork hours. That is an increase from last year’s $24 billion in final rule costs and

The Dodd-Frank Legacy: Billions Spent, More Designated, Questionable Gains Read More

Dow Jones Ends Run-up; UFPI Falls -2.31 Points

By / / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Roger Ailes leaves Fox News. Chinese immigrant cleaned houses, walked dogs, and is now head of Stanford U.’s artificial intelligence lab. Feds try to seize Wall Street Journal reporter’s phones at LAX. Facebook valued at $1 trillion? Starbucks sales are slowing: stock sinks. America’s biggest

Dow Jones Ends Run-up; UFPI Falls -2.31 Points Read More

UMH Properties, Inc. Stock being Pursued

By / / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, Stocks

As of the close of the second quarter, 2016, Boulegeris Investments bought 248,865 shares of manufactured home community owner UMH Properties, Inc. (NYSE:UMH), according to tradecalls, and now owns 1,285,191 shares valued at $15,833,553. UMH comprises 10.47 percent of Boulegeris’ portfolio. Another hedge fund, Creative Planning, upped its stake in

UMH Properties, Inc. Stock being Pursued Read More

22 Million Tune into GOP Convention; the Media Rundown 

By / / Business, Company News, Events, Manufactured and Modular Housing News, Manufactured Homes, People

Nielsen Ratings reports during the 10 PM eastern time slot when Donald Trump’s wife Melania and former NYC Mayor Rudy Giuliani were addressing the first night of the Republican National Convention, several cable news outlets raised their viewer audience substantially over four years ago, while one slipped in the ratings.

22 Million Tune into GOP Convention; the Media Rundown  Read More

Patrick Industries Subsidiary Creating 60 Jobs in Mississippi

By / / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

A division of Patrick Industries, Inc.,a component supplier to the manufactured home and recreational vehicle industries, is investing $600,000 and creating 60 jobs, building a facility to produce countertops in Baldwyn, Mississippi, according to bizjournals. With a scheduled beginning of operations in Sept., 2016, AIA Countertops is a large, natural

Patrick Industries Subsidiary Creating 60 Jobs in Mississippi Read More

Hedge Funds Upping Stake in Drew Industries, Inc.

By / / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, Stocks

MHProNews has been informed by baseballnewssource that BlackRock Institutional Trust Company N.A. upped its stake in shares of Drew Industries Inc. (NYSE:DW) during the first quarter, adding 7.5 percent, according to its most recent disclosure with the Securities and Exchange Commission. The firm now owns 661,687 shares of Drew Industries,

Hedge Funds Upping Stake in Drew Industries, Inc. Read More

Dow Jones Continues Upward; Louisiana-Pacific Tops MH-related Stocks

By / / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Dow rises for ninth consecutive day. Half of Brazilians are against the Olympics. Air BNB hires Eric Holder to address discrimination. Roger Ailes, dominant founder of Fox News, on the way out. HSBC banker arrested at JFK in trader scheme. Drone made by 18 year-old

Dow Jones Continues Upward; Louisiana-Pacific Tops MH-related Stocks Read More

Housing Starts, Single-family Home Construction Shows Promise in June

By / / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The Commerce Department tells MHProNews that housing starts rose 4.8 percent in June to a seasonally-adjusted annual rate of 1.19 million. While the June rate was the highest since Feb., it was down from 1.21 million a year ago, according to philly. Meanwhile, construction of single-family homes increased 4.4 percent

Housing Starts, Single-family Home Construction Shows Promise in June Read More

Builder Confidence Index Slips in July, but Still in Positive Territory

By / / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Home Builders (NAHB) tells MHProNews builder sentiment slipped from 60 to 59 in July, although economists had predicted it would remain at 60, the highest number it has hit so far this year. All three components of the index—current and future sales expectations and buyer traffic—slipped.

Builder Confidence Index Slips in July, but Still in Positive Territory Read More

ELS Q2 2016 Indicates Revenue, Income and Community Growth

By / / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

Equity LifeStyle Properties (NYSE:ELS) reports for the second quarter ending June 30, 2016 total revenues rose $8.6 million, or 4.3 percent, to $210.1 million, as compared to $201.5 million for the same period in 2015. Net income available for common share stockholders increased $3.7 million, or $0.04 per diluted common

ELS Q2 2016 Indicates Revenue, Income and Community Growth Read More

MHCV Falls -5.78 Percent; Dow Jones Continues Flying Higher

By / / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Because it’s a scary world, it’s a good time be in the war business, as defense contractors’ stocks outpace the broader markets. Ford teaming up with Jose Cuervo—will use agave plant to make bioplastic auto parts. Trump’s GOP wants to break up big banks. Goldman

MHCV Falls -5.78 Percent; Dow Jones Continues Flying Higher Read More

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