News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
In the news from CNNMoney: Trump’s 500 businesses would provide monumental ethical dilemma should he become president. UK to charge soda tax on sugary drinks. College student 3D printed his own braces. Americans fear dead-end jobs leading to lousy wages. Fed holds off on raising interest rates amid fears of […]
Skyline Gains 9.32%, MHCV Moves up 1.97% Read More
MHProNews has learned from financial-market-news that Dimensional Fund Advisers LP raised its stake in manufactured and modular home builder Cavco Industries, Inc.(NASDAQ:CVCO) by 8.8 percent during Q4 2015. After purchasing an additional 29,519 shares, the firm now owns 366,796 shares of Cavco stock. Dimensional now owns 4.12 percent of Cavco
Institutional Investors Increase Stake in Cavco Industries Read More
Franklin Homes of Russellville, Alabama has informed MHProNews that Joel S. Logan II has been tapped to serve as General Manager of Franklin, a post he assumed March 14, 2016. With over 20 years in the manufactured housing industry, Logan led the founding of Pinnacle Homes of Alabama in 1996,
New Staff Appointments at Franklin Homes Read More
Commercial real estate investment services firm Marcus & Millichap informs MHProNews that Dan Mulkey of M&M’s Tampa office represented the seller and the buyer in the sale of two adjoining manufactured home communities (MHC) in Tampa, Fla. The buyer, a private investor who owns several MHCs in the area, paid
Marcus & Millichap Arrange Sale of Florida MH Communities Read More
Habitat for Humanity unveiled a plan for rehabbing and/or replacing factory-built homes in the West Boca Watergate Estates manufactured home community (MHC) in Palm Beach County, Fla. In outlining their presentation to residents to work together, Habitat’s Mike Campbell and Ana Neira said a text change in county regulations now
Habitat Program will Involve Residents in Updating their Manufactured Home Community Read More
In the news from CNNMoney: Campari buying Grand Marnier. Trump says fix U. S. trade. Unpaid subprime car loans hit 20-year high. Harrison Ford doing 5th Indiana Jones. Volkswagen investors file $3.6 billion lawsuit. Sony buys Beatles catalog for $750 million from Michael Jackson’s estate. Closest habitable planet to Earth
Deer Valley Plummets -42.03 percent Read More
UMH Properties, Inc. is in the final stages of extensively rebuilding the Memphis Blues manufactured home community, including re-engineered flood protection, at the former site of the Memphis Mobile Community (MMC), severely damaged by flooding. The new community is gated, and features a playground and 24-hour on-site management, as MHProNews
Memphis Blues MHC near Completion by UMH Properties Read More
Tim Williams, Executive Director of the Ohio Manufactured Homes Association (OMHA), will be the featured speaker tonight, March 15 at 6:00 PM at the Spring Joint Chapter Meeting of the OMHA in Kent, Ohio. He will discuss industry updates, as MHProNews has learned from OMHA. Back by popular demand this
MH Industry Updates to be Offered by OMHA Executive Director Tim Williams Read More
MHPronews has learned from marketwired that sales for Nobility Homes, Inc.(OTC:NOBH) rose 32 percent in the first quarter of 2016 ending Jan. 30, 2016, while income from operations (IFO) rose an astounding 130 percent over last Jan. Sales hit $7,374,050 Q1 2016 versus $5,576,800 last year; IFO rose from $424,820
Nobility Homes Reports Substantial Quarterly Increases in Revenue, Income Read More
A discussion at a meeting of the Preston (Minnesota) City Council centered around the height, placement and definition of “green belt” and “periphery” as it relates to manufactured housing (MH). Tim Johnston owns one of the two MHCs in town, as fillmorecountyjournal informs MHProNews. He planted a green belt several
City Seeks New Ordinance for Screening Manufactured Home Communities Read More
Ronnie Soffee’s family had owned and operated Rudd’s Trailer Park since it first opened in 1936, but after it sold at auction, Mr. Soffee was reduced to tears to tears as he said goodbye to some of the residents, according to what richmondfreepress in Virginia tells MHProNews. Although assessed by
Manufactured Home Community in VA sold at Auction Read More
In the news from CNNMoney: Hillary Clinton cannot kill coal because it is already dying. Iran would welcome American money to upgrade its aging oil and gas infrastructure. Macau, a special administrative region of China, saw its economy fall 20 percent last year. Canada’s unemployment hits three-year high, 7.3 percent,
Patrick Ind., Third Avenue Value Fund and Skyline Register Solid Gains Read More
MHProNews has learned from finance-commerce that Birmingham, Michigan-based Uniprop, a private, forty-year-old real estate and private equity firm has sold the Ardmore Village manufactured home community (MHC) in Lakeville, Minnesota for $7.6 million to an unnamed Illinois buyer. According to MHVillage, the community, built in 1972, has 339 home sites,
Ardmore Village in Minnesota Sells for $7.6M Read More
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ What’s New in Manufactured Housing Industry Professional News New manufactured home community planned Down Under. Legacy Homes assumes building abandoned byRV/MH Hall home builder. Home show features MH. Ordinance to site
Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016 Read More
MHProNews has learned from hilltopmhc that Chief Operating Officer (COO) of Patrick Industries, Inc. (NASDAD:PATK) Jeff Rodino sold 20,000 shares of company stock, as disclosed in a filing with the Securities and Exchange Commission (SEC). Sold at an average price of $43.94, the transaction was valued at $878,000.00. The COO
Patrick COO Rodino Sells 20k Shares of Stock Read More
The DOYALSON-Wyee RSL Club intends to develop a 139-site manufactured home community (MHC) on two lots north of the club, including the the site of the current Raw Challenge fitness course, according to what lakesmail.com.au tells MHProNews. The club has filed to rezone the land from RU6 Transition to RE2 Private
New Manufactured Home Community Planned in Australia Read More
MHProNews has learned from financialnewsnetwork that Russell Frank Co. boosted its stake in Equity LifeStyle Properties, Inc. (NYSE:ELS) during Q4 2015 by 4.5 percent following its acquisition of 14,228 additional shares. According to a filing with the Securities and Exchange Commission (SEC), the firm now owns 350,055 shares of the
Russell Frank buys more Shares of Equity LifeStyle Properties Read More
Adding to the list of home shows that will feature off-site built houses, the Stark County Home and Garden Show is being held this weekend at the Stark County (Ohio) Fairgrounds, as starkcountyhomeandgardenshow tells MHProNews. Sponsored by The Repository and the Building Industry Association of Stark County, Marci Saling-Lesho, vice
Home Show to Feature Manufactured Home Read More
In the news from CNNMoney: Lane Bryant upset that networks will not air ads. Gulf of Mexico pumping oil like never before. Woman who sued Trump University six years ago wants to drop case. U. S. oil and gas rigs fall to 70-year lows. Rich mens’ wallets getting fatter while
All but One MH-related Stocks Gain Read More
Legacy Homes has taken over production of manufactured homes (MH) in a facility in Eatonton, Georgia that had been occupied by Horton Homes, according to what wmaztv tells MHProNews. Seventy employees have begun working there, and the CEO says they can handle up to 250 to 300 workers on one side,
Legacy Homes Assumes Production in Facility Abandoned by Horton Homes Read More
