“Dead Presidents is a “street” term for cash money. Obviously, this is drawn from the images of the “dead” US Presidents found on most US Currency,” according to the Urban Dictionary. Investing Answers says: “In the finance world, dead presidents are slang for U.S. currency.” That second sources goes on to say the following. Following the “Dead Presidents” will be a look at RHP Properties, including two recent media releases that assert insights into dozens of manufactured home communities purchased by the firm that claims to be the largest privately held company in what some problematically call the ‘mobile home park’ investing space. This report will include Additional Information with More MHProNews Analysis and Commentary.
Dead Presidents
$1: George Washington
$2: Thomas Jefferson
$5: Abraham Lincoln
$10: Alexander Hamilton
$20: Andrew Jackson
$50: Ulysses S. Grant
$100: Benjamin Franklin (note: Benjamin Franklin was not a U.S. president)
$500: William McKinley
$1,000: Grover Cleveland
$5,000: James Madison
$10,000: Salmon P. Chase (note: Salmon P. Chase was not a U.S. president)
$100,000: Woodrow Wilson
More “Dead Presidents” are what numbers of manufactured housing deals are about.
RHP PROPERTIES ANNOUNCES PURCHASE OF 50 MANUFACTURED HOME COMMUNITIES IN MIDWEST TOTALING 5,232 HOME SITE
Additional new homes in Wisconsin will address lack of affordable housing
“This acquisition will make a difference for thousands of Midwest families, seniors, and others feeling the squeeze of today’s housing market,” said Ross Partrich, CEO, RHP Properties. “By growing our portfolio and delivering 500 new homes we are reinforcing a central part of our mission to offer homes people can afford in safe, community-focused, and well-managed environments.”
RHP plans to spend over $7.5 million in the first 18 months of ownership on utility upgrades, roadwork, and amenity upgrades, such as playgrounds and parks to improve infrastructure and lifestyle. The addition of 500 homes will enable more families to enjoy the privacy of a single-family home and the energy efficient features and design of today’s manufactured home.
“We recognize all that Wisconsin, Minnesota, and Michigan have to offer,” added Partrich. “Wisconsin’s commitment to economic development and its recent infrastructure investment positions cities across the state for a strong job market, and we’re excited to invest and participate in communities where residents have the opportunity to thrive.”
Founded in 1988, RHP Properties is the nation’s largest privately held owner and operator of manufactured home communities with managed assets of more than $6B, including 368 manufactured home communities nationwide, totaling about 79,585 homesites in 30 states. Headquartered in Farmington Hills, Michigan, RHP Properties employs more than 1,000 professionals. For more information visit www.rhp.com. … ##
Note that RHP is so large that they said “about” “79,585 homesites in 30 states.” Perhaps someone’s Excel spread sheet involved at the firm may be suspect of having a rounding or other error?
Just over 2 weeks prior to the above was this paid press release.
RHP PROPERTIES ANNOUNCES PURCHASE OF THREE MANUFACTURED HOME COMMUNITIES IN FOND du LAC, WISCONSIN WITH A TOTAL OF 455 HOME SITES
NEWS PROVIDED BY RHP Properties
Sep 01, 2022, 07:00 ET
The properties feature various amenities including a playground, picnic area, off street parking, RV storage, a fishing area with dock and fishing platform, and two lakes. There is nearby access to a variety of shopping, and proximity to Milwaukee, Appleton, and Green Bay provide for an easy commute to major cities.
“Our recent acquisitions in Fond du Lac add to our portfolio of affordable home communities in sought-after locations poised for job growth,” said Ross Partrich, CEO, RHP Properties. “We pride ourselves on creating well-maintained communities that fit the lifestyle and budget of residents and look forward to bringing our expertise here.”
RHP plans to invest in upgrades to the three communities, including clubhouse and playground improvements, as well as utility and road updates that will be completed over the first 18 months of ownership. RHP will also add new homes to the communities.
About RHP Properties
Part of the apparent motivation for RHP to issue these press releases is this tagged on paragraph that was near the end of both paid media statements.
Quoting but not endorsing their release or claims: “RHP Properties specializes in, and continues to aggressively seek, acquisitions throughout the United States. Owners of manufactured home communities interested in selling to a highly experienced owner and operator should contact Joshua Mermell, senior vice president of acquisitions at 248-626-0737.”
Fred Neil’s Federal Comments Letter
Fred Neil is a manufactured home owner, an elected city official in Dover, Delaware and while a ‘senior’ he is active in manufactured home resident advocacy. For example, Neil periodically writes letters to editors and letters to public officials. In the report below is Neil’s take in which he rips RHP Properties by name as a firm that ‘gouges’ their own residents.
Are Neil’s allegations a one off? Hardly.
According to Americans For Financial Reform (AFR), they published the following that named RHP along with several other firms. Note that these firms often include Manufactured Housing Institute (MHI) members. RHP is also an MHI/National Communities Council (NCC) member operation. In the AFR article, the highlighting of RHP Properties was added by MHProNews so that readers could readily spot it.
Private Equity Threatens Manufactured Home Residents
New report details industry’s threat to communities needing low-cost housing
The report, titled Private Equity Giants Converge on Manufactured Homes, also details how Fannie Mae, the U.S. government-controlled mortgage backer, has provided more than $1.5 billion in mortgages to support private equity-backed acquisitions of manufactured home communities.
“Private equity companies and predatory real estate investors are buying up mobile home communities, raising rents, and getting richer off the backs of poor people,” said Sabrina Ramirez, manufactured home resident from Palo Alto, California.
“The growing reach and impact of private equity in many parts of the housing market, and of the U.S. and global economy calls out for attention from lawmakers and regulators,” said Linda Jun, senior policy counsel, Americans for Financial Reform.
…
In most communities, homeowners own their dwellings, but the ground is privately held. For most residents, it is nearly impossible to move their homes, even though manufactured homes are commonly known as “mobile homes.” Real estate investment groups seized on this vulnerability and built a highly profitable business model with devastating effects on low-income seniors and families.
“In my community, my corporate owner has upped my costs by charging for water separately, passing on other fees, and increasing lot rent. That means sometimes I can’t buy groceries or put gas in my car or go to the doctor because I don’t have the copay,” said Pat Bohlen, resident of a TPG Capital-owed community in Urbana, Illinois.
The world’s largest private equity firms are now piling into the sector. “These firms invest capital from institutional investors into businesses, increase cash flow in a short-period of time, and sell the businesses or take them public through an IPO after four to six years,” explains Jim Baker, a researcher with the Private Equity Stakeholder Group. “Private equity investors are relying on manufactured home residents’ limited mobility to dramatically increase rents and fees with bare minimum investments in the communities.”
The private equity and institutional investors in manufactured homes covered in this report include:
- YES! Communities – Stockbridge Capital, Government of Singapore Investment Co, Pennsylvania Public School Employees Retirement System
- RHP Properties – Brookfield Asset Management
- RV Horizons/ MHP Funds – TPG Capital
- Inspire Communities – Apollo Global Management
- Kingsley Management Company
- Horizon Land Company – Federal Capital Partners/ Texas Employees Retirement System
- Carlyle Group
- Treehouse Communities – Blackstone Group
- Carefree Communities – Centerbridge Capital
To demand action by corporate owners and government officials, residents of manufactured home communities across the country are organizing their neighbors, establishing resident associations, collaborating with tenants, and fighting to protect their homes and communities. ###
That AFR article was dated February 14, 2019. Within weeks, HBO’s Last Week Tonight with John Oliver reported inaccurately dubbed “Mobile Homes” aired and was posted on YouTube. That YouTube video went viral with millions of views. It is found at the link below which also unpacks the allegations and claims made.
That Mobile and Manufactured Home Living News (MHLivingNews) report and analysis documented the point that virtually every one of those firms Oliver named or showed on screen had ties to the Manufactured Housing Institute (MHI) and/or the MHI National Communities Council (NCC or MHI/NCC).
Additional Information with More MHProNews Analysis and Commentary
According to Open Secrets, RHP Properties In fairness to RHP, they also paid for media releases that announced their latest ‘philanthropic’ venture. Per their release: “RHP PROPERTIES PARTNERS WITH ADOPTACLASSROOM.ORG TO SUPPORT ARTURO CAMBEIRO ELEMENTARY SCHOOL IN LAS VEGAS, NEVADA.” The donation made by the firm which said it has managed assets of some $6 billion dollars? Per their statement: “$10,000 Donation will provide needed resources to promote academic success.” That 10K might be a lot to one of the millions of marginal families in the nation, some of which may call an RHP Property the location for their home. This is the mathematical formula for calculating the percentage of their holdings that donation represents.
10000/6000000000 = 0.00000166666. That less than 2 millionths of their stated assets. If the press release cost their firm, say $1,000, each are tax deductible for most savvy operations. For some person or household with $12,000 in total net worth, and there are millions in the U.S. that have that or less, the RHP donation is the equivalent of donating 2 cents.
This video below may have cost the firm a similar some to produce and then promote, which could have also been used as a tax-deductible business expense. RHP had YouTube turn off the comments on the date this report was made. Were the public comments eliminated it because there would be so many people who live in an RHP communities praising the firm?
Or is it more likely because RHP Properties fits the description of what MHI award-winner Marty Lavin, J.D., who blasted those taking part in a “witch’s brew” of ‘predatory practices’ – which seems more likely?
To shed more light on those questions above are the next items.
The flip side of the glowing video about themselves is this graphic compiled from information on that date from the Better Business Bureau website.
As to what employees think of the firm, per Indeed is this sobering graphic compiled from the Indeed website with some observations added by MHProNews. NOTICE: on the images above and below, along with others found in this report and on other pages on MHProNews/MHLivingNews, you can often click on an image to increase its size. Depending on your browser/device you may need to click on the image, select “open in a new window” at the prompt and then click on that image in the new window to increase its size. Follow the prompts, use escape or “X” out to return to this page.
It is in that context that the following report comes into sharper focus about MHI, firms like RHP Properties, Havenpark Communities, and others that have been exposed by media reports and researchers as “predatory” brands or so called ‘vulture’ capitalists.
Publicly traded MHI member firm Cavco Industries (CVCO) recently admitted that there are ‘industry concerns’ (think MHI code words) about such allegations which they called ‘rare.’ Rare> Really? See the report linked below to get a sense of how un-rare (i.e.: commonplace) such allegations are in MHVille.
What helps explain the way the Dead Presidents system works at MHI?
According to Open Secrets, these are the individuals who contributed the most to the MHI PAC. Ross H Partrich with RHP properties has been highlighted to make it easier for readers and researchers to spot.
| Per Open Secrets | |||
| Contributor | Occupation | Date of Contribution | Amount |
| LANDY, SAMUEL A MR | UMH PROPERTIES, INC. | 3/22/2022 | $5,000 |
| FREEHOLD, NJ 07728 | |||
| HAMILTON, JOHN ERIC MR III | VANDERBILT MORTGAGE & FINANCE | 3/9/2022 | $5,000 |
| MARYVILLE, TN 37804 | |||
| HACKER, AMIE J MS | FREEDOM HOMES | 2/10/2022 | $5,000 |
| LONDON, KY 40744 | |||
| BOOR, WILLIAM MR | CAVCO INDUSTRIES, INC. | 2/10/2022 | $5,000 |
| PHOENIX, AZ 85012 | |||
| YOUNG, ROBERT B MR | BLAIR GROUP, INC. | 12/7/2021 | $5,000 |
| LAKELAND, FL 33809 | |||
| PENDLETON, DJ MR | TX MANUFACTURED HOUSING ASSN. | 10/4/2021 | $5,000 |
| AUSTIN, TX 78731 | |||
| PARTRICH, ROSS H MR | RHP PROPERTIES | 8/14/2021 | $5,000 |
| FARMINGTON HILLS, MI 48334 | |||
| HODGES, THOMAS D MR | CLAYTON | 8/3/2021 | $5,000 |
| MARYVILLE, TN 37804 | |||
| CLAYTON, JAMES L MR SR | CLAYTON HC, INC. | 7/29/2021 | $5,000 |
| KNOXVILLE, TN 37902 | |||
| BREEN, JIM MR | FACTORY EXPO HOME CENTERS | 9/11/2021 | $5,000 |
| CHANDLER, AZ 85248 | |||
| BREEN, DAWN MRS | FACTORY EXPO HOME CENTERS | 9/11/2021 | $5,000 |
| CHANDLER, AZ 85248 | |||
| BLEVINS, BRAD MR | Blevins, Inc | 5/31/2022 | $5,000 |
| NASHVILLE, TN 37216 | |||
| HODGES, THOMAS D MR | Clayton | 6/6/2022 | $5,000 |
| MARYVILLE, TN 37804 | |||
| HOTCHKISS, RYAN B MR | Horizon Land Co, LLC | 5/26/2022 | $5,000 |
| CROFTON, MD 21114 | |||
| CLAYTON, KEVIN T MR | CLAYTON | 5/5/2022 | $5,000 |
| MARYVILLE, TN 37804 | |||
| LANDY, SAMUEL A MR | UMH PROPERTIES, INC. | 3/25/2021 | $5,000 |
| FREEHOLD, NJ 07728 | |||
| HOTCHKISS, RYAN B MR | HORIZON LAND CO., LLC | 5/28/2021 | $5,000 |
| CROFTON, MD 21114 | |||
| HOLDBROOKS, KEITH O MR | CLAYTON | 6/30/2021 | $5,000 |
| MARYVILLE, TN 37804 | |||
| HAMILTON, JOHN ERIC MR III | VANDERBILT MORTGAGE & FINANCE | 5/1/2021 | $5,000 |
| MARYVILLE, TN 37804 | |||
| HACKER, AMIE J MS | FREEDOM HOMES | 2/23/2021 | $5,000 |
| LONDON, KY 40744 | |||
| CLAYTON, KEVIN T MR | CLAYTON | 4/13/2021 | $5,000 |
| MARYVILLE, TN 37804 | |||
| BRAUN, STEPHEN H MR | HOMETOWN AMERICA COMMUNITIES | 6/21/2021 | $5,000 |
| CHICAGO, IL 60606 | |||
| BOOR, WILLIAM MR | CAVCO INDUSTRIES, INC. | 6/24/2021 | $5,000 |
| PHOENIX, AZ 85012 | |||
| MCKEE, KEVIN D MR | Manufactured Housing Institute | 5/31/2022 | $3,333 |
| ARLINGTON, VA 22209 | |||
| BLEVINS, BRAD MR | BLEVINS, INC. | 5/18/2021 | $3,000 |
| NASHVILLE, TN 37216 |
The Open Secrets list above appears to be the biggest donors for that period to the MHI PAC, which then trails off to $3333 and then 3K or pages of lower sums. Why doesn’t MHI apparently press their own so-called MHI/NCC “Code of Ethical Conduct” against RHP Properties or others like them? Isn’t the number of Dead Presidents involved part of the reason?
So, in looking at the bigger picture of how site-built housing has been sliding in recent months of 2022, and with affordable housing so much in demand, what explains the relative modest level of HUD Code manufactured home sales? While the causes are many, even MHInsider Darren Krolewski aptly summed up the issue.
Try to find that remark on MHInsider’s or MHVillage’s own website? Good luck with that. Per the screen capture of the search on this date (see images above) reveals “no result” for that search of a statement made by MHVillage/MHInsider’s own Darren Krolewski.
But try a search on the glories of RHP Properties and a different outcome may appear. But why is it that none of the negative things about RHP is apparent on MHInsider? Could Open Secret’s mantra of follow the money shed light on that question?
There are some 37 pages of largely glowing articles about the wonders of MHI and MHI’s stand-up members who are praised by an MHI linked trade publication with the apparent purpose of making MHI and their backers glow. As Chris Plante might frame it, It’s like a circle fest in a Las Vegas hot tub.
- Follow the money.
- Pay more attention to what people do rather than what they say. Who advocated that mantra in MHVille? Long time MHI member and award winner Marty Lavin.
- Despite MHI’s bold claim of working for ‘all segments’ of manufactured housing, consider Lavin’s pointed remark that MHI is an organization run by the ‘big boys’ and works for ‘the big boys.’
Now, is it more apparent some of the reasons why manufactured housing connected equities, including REITs, broadly dropped yesterday? In times past, when conventional housing sales took a slid, manufactured housing sales often rose.
To borrow from the late great radio star Paul Harvey – applying it to the insights above…”…and now you know the rest of the story.”
Daily Business News on MHProNews Markets Segment
NOTICE: Based on feedback, a modification of our Daily Business News on MHProNews recap of yesterday evening’s market report is provided. It will still include our left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.
Reminder: several of the graphics on MHProNews can be opened into a larger size. Click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the escape or back key to return.
Headlines from left-of-center CNN Business – from the evening of 9.21.2022
- Fed goes big again
- WASHINGTON, DC – JULY 27: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve, July 27, 2022 in Washington, DC. Powell announced that the Federal Reserve is raising interest rates by three-quarters of a percentage point. (Photo by Drew Angerer/Getty Images)
- Central bank announces the third-straight three-quarter point rate hike
- What rising interest rates mean for you
- LIVE UPDATES Fed slashes growth rate forecast and prepares for more rate hikes
- LIVE UPDATES Stocks slide after Fed decision
- IMF chief warns there will be ‘people on the street’ globally unless steps taken to ease inflation
- Fed makes history with supersized rate hike
- TikTok to require verification of political accounts and ban fundraising
- What to know about the new Windows 11 update
- Home sales dropped 20% in August from a year ago
- US dollar hits new 20-year high as Russia calls up reservists
- Germany nationalizes its biggest natural gas importer
- NYC faces a potential fiscal cliff with a nearly $10 billion deficit by 2026
- Alex Jones says he wasn’t wrong about the Sandy Hook shooting on purpose
- Content by The Ascent
- It’s official: now avoid credit card interest into 2024
- High-rise condominiums along Sarasota Bay in Sarasota, Florida, U.S., on Thursday, Sept. 30, 2021. Many older Americans have reaped an unexpected pandemic bonanza, thanks to a combination of a stock market surge and rising home prices.
- America gained 2.5 million new millionaires last year
- A motorist hold a gasoline nozzle at a service station in the Queens borough of New York City, NY, August 11, 2022. The national average price for a gallon of gas fell below $4.00 a gallon to its lowest level since March of 2022.
- The historic streak of falling US gas prices is over
- Pre-production vehicles shown. Closed course. Professional driver.
- Ford: Gas cars are a growth business for us
- GETTING AROUND
- A Ford F-150 Lightning on a production line of the Ford Motor Co. Rouge Electric Vehicle Center (REVC) in Dearborn, Michigan, US, on Thursday, Sept. 8, 2022. Treasury Secretary Yellen outlined some of the Biden administration’s unfinished economic business in a speech today calling for higher tax rates on the rich and on companies to help pay for social spending.
- As many as 45,000 Fords can’t be sold due to missing parts
- BMW unveils electric racer in one-off project
- New Chrysler 300 is missing a supercharged V8
- Nissan recalls more than 200,000 pickup trucks
- Ford’s new Mustang sticks with pure gasoline
- CRYPTO
- cybercrime, hacking and technology concept – hands of hacker in dark room writing code or using computer virus program for cyber attack.
- Crypto firm Wintermute hit by $160 million theft
- Biden wants to regulate crypto, citing fraud risk
- South Korea issues arrest warrant for Luna developer
- US seizes $30 million in stolen crypto from hackers
- What to know about the ethereum ‘merge’
- SUCCESS
- What rising interest rates mean for you
- A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022. If you’re settling into a new home, you might be looking to fill it with furniture. But after your rent or mortgage, security deposit and moving expenses, there might not be much left over for your dream couch or dining room set.
- Home sales dropped 20% in August from a year ago
- New homes under construction in Arcola, Texas, US, on Tuesday, July 12, 2022. In an American housing market that for years has been plagued by too little inventory, builders are suddenly finding themselves with a glut of unsold homes.
- New home building picked up last month, but builder sentiment remains low
- MIAMI, FLORIDA – MAY 10: In an aerial view, single family homes are shown in a residential neighborhood on May 10, 2022 in Miami, Florida. New published data has hinted at improvement in the supply of homes for sale as April's numbers show inventory down 12 percent from the same month last year, the smallests yearly decline since the end of 2019.
- Mortgage rates top 6% for the first time since 2008
Headlines from right-of-center Newsmax 9.21.2022
- NY. Sues Donald Trump, Company, 3 Adult Children; Claims Business Fraud
- From left, Donald Trump Jr. and his brother Eric, Don Jr., Eric Slam
- NY. AG’s Fraud Suit Via Social Media
- Donald Trump Jr. and Eric Trump, the elder sons of former President Donald Trump, crafted their own social-media responses to the Wednesday news of the New York Attorney General office’s fraud lawsuit against Donald Trump, the Trump Organization, and the adult Trump children — including Ivanka.
- Related Stories
- Trump: ‘Racist’ AG James’ Lawsuit ‘Another Witch Hunt’
- Trump Lawyer: Lawsuit Not Focused on Facts, Law
- Y. AG Files $250M Fraud Suit Against Trump, Children, Company
- Newsmax TV
- Dershowitz: Trump’s Team Should Push to Remove AG James | video
- Oz: Fetterman ‘Most Pro-murderer Candidate in America’ | video
- KT McFarland: Putin in ‘Big Trouble’ Over Ukraine
- Guy Reschenthaler: ‘Stricter Penalties’ for Fentanyl Dealers | video
- Gonzales: ‘Democrats Have Failed America’ | video
- Alina Habba: DOJ Is Panicking, Wants ‘October Surprise’ | video
- Ukraine MP Rudik: Cut Russia From UN | video
- Newsfront
- Biden: Russia ‘Shamelessly Violated’ UN Charter in Ukraine
- President Joe Biden declared at the United Nations Wednesday that Russia has “shamelessly violated the core tenets” of the U.N with its “brutal, needless war” in Ukraine. … [Full Story]
- Related Stories
- Trump: Biden, Putin Have World on Brink of Nuclear World War
- Turkey’s Erdogan: Putin Wants to End Ukraine War ASAP
- US Amb. to Ukraine: Putin’s Mobilization Announcement a ‘Sign of Weakness’
- Family: 2 American Veterans Captured in Ukraine Released
- Video Report: Putin Makes New Nuclear Threat Against West
- Pope Speaks of ‘Monstrosities, Tortured Corpses’ in Ukraine
- Russians Rush for Flights Out Amid Partial Reservist Call-Up
- Serbian President Vucic to Newsmax: Putin Not ‘Bluffing’
- Putin Threatens Nukes as He Mobilizes Military Reservists
- Police: North Dakota Man Kills Teen He Called a Republican ‘Extremist’
- A North Dakota man has been arrested and charged with vehicular [Full Story]
- Donald Trump Jr., Eric Trump Slam N.Y. AG’s Fraud Suit on Social Media
- Donald Trump Jr. and Eric Trump, the elder sons of former President [Full Story]
- FBI Reverting to ‘J. Edgar Hoover Days,’ Expert Says
- The FBI reportedly has been collecting private messages between [Full Story] | Platinum Article
- Report: More Than 600 Antiwar Protesters Arrested in Russia
- More than 600antiwar protesters were detained in Russiahours after [Full Story]
- The 8 Most Deceptively Titled Bills in Congress
- What’s in a name? For bills before Congress, names have taken on an [Full Story] | Platinum Article
- Video Report: Macron Meets With Iran to Talk Nuke Deal
- French President Emmanuel Macron met with Iranian President Ebrahim [Full Story] | video
- Fed Escalates Inflation Fight With Another 0.75% Increase
- Intensifying its fight against chronically high inflation, the [Full Story]
- Video Report: Migrants Sue Florida GOP Gov. DeSantis
- Migrants are taking legal action against Florida GOP Gov. Ron [Full Story] | video
- Dick Morris’ ‘The Return’ Hits WSJ Bestseller List, but NY Times Censors Book
- Newsmax host Dick Morris “The Return: Trump’s Big 2024 Comeback” [Full Story]
- GOP AGs File Amicus Brief to Back Trump in FBI Raid
- Eleven Republican attorneys general denounced the FBI raid of former [Full Story] | video
- CDC: Omicron COVID Boosters for Kids to Be Available Mid-October
- The U.S. Centers for Disease Control and Prevention expects COVID-19 [Full Story]
- Trump: ‘Racist’ AG James’ Lawsuit ‘Another Witch Hunt’
- Former President Donald Trump on Wednesday labeled New York Attorney [Full Story] | video
- ‘Leadership With a Backbone’ Lures Florida Hispanic Voters
- Democrats for years counted on victories in Florida, but that support [Full Story]
- Suspended Sarver Says He’s Decided to Sell Suns, Mercury
- Robert Sarver says he has started the process of selling the Phoenix [Full Story]
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- The Biden administration said Wednesday that the U.S. Embassy in Cuba [Full Story]
- DeSantis’ Move Brings New Scrutiny to Biden Admin’s Migrant Flights
- The move by Florida GOP Gov. Ron DeSantis last week to transport [Full Story]
- Video Report: Putin Issues Nuclear Threat Against West
- Russian President Vladimir Putin has made new nuclear threats against [Full Story] | video
- DeSantis Rips Lawsuit: Biden Treats Migrants ‘Horribly’
- After being served with a class-action lawsuit by migrants he flew to [Full Story] | video
- Y. Attorney General Sues Donald Trump, Children, Company for Fraud
- New York’s attorney general sued former President Donald Trump and [Full Story]
- FEMA to Puerto Rico: Hurricane Fiona Response Won’t Repeat Maria Errors
- Federal Emergency Management Agency (FEMA) officials insist the [Full Story]
- After 99 Days in Decline, Price for Gasoline up a Penny
- After 99 consecutive days of declining gasoline prices, the cost for [Full Story]
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- Liberal activist and Parkland, Florida, shooting survivor David Hogg [Full Story] | video
- Ex-cop Lane Gets 3 Years in Plea Deal for Aiding Floyd Death
- A former Minneapolis police officer who pleaded guilty to a state [Full Story]
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- New Jersey’s Department of Education impliedthat districts that [Full Story]
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- Hurricane Fiona strengthened into a Category 4 storm Wednesday after [Full Story]
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- Former President Donald Trump and his allies seized on the drawn-out [Full Story]
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- Dems Using Abortion Issue to Defend Their Majority Control
- North Carolina’s Democrat Gov. Roy Cooper is the head of the [Full Story]
- Juul Sues FDA Over Undisclosed Files on Vape Product Ban
- Juul filed a lawsuit on Tuesday against the Food and Drug [Full Story]
- Finance
- Fed Escalates Inflation Fight With Another Jumbo 0.75 Percent Hike
- Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession…. [Full Story]
- Michael Busler: Fed Must Get Even More Aggressive. Immediately.
- Bank CEOs Warn of ‘Daunting’ Inflation Hazards
- Stocks Stumble, Yields Rise as Fed Steps Up Inflation Fight
- Warner Music Taps YouTube Business Head as CEO
- More Finance
- Health
- COVID-19 Will Remain a Leading Cause of Death in the US
- President Biden said that the pandemic was over during an interview last Saturday, but COVID-19 remains a leading cause of death in the U.S. An average of 500 Americans die daily from the virus and experts predict that the disease will remain a leading cause of death… [Full Story]
- Night Owls at Greater Risk for Diabetes, Heart Trouble
- What to Expect From the New Bivalent COVID Booster Shot
- Deer Encroaching on Suburban Backyards Are Spreading Lyme Ticks
- FDA: Don’t Cook Chicken in NyQuil, Latest TikTok Challenge
===================================
- NOTE 1: The 3rd chart above includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
- Note 4: some recent or related reports to the equities named above follow.
2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.
