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.
Kingsley management, which had undercharged hundreds of residents for rent and water at three manufactured home communities (MHC) in three Colorado cities, initially offered payment options, but then threatened eviction, according to thedenverchannel. The company’s lawyer had told the residents in the Front Range MHC not to pay the back […]
MHC Management Sets Payment Plan for Miscalculated Charges Read More
Continuing a tradition, as MHProNews reported Dec 12, 2014, the Delaware Manufactured Homeowners Association and the First State Manufactured Housing Association teamed up with other organizations, schools and businesses in Sussex County to sponsor the 32nd annual Caroling on the Circle in Georgetown. Over 400 carolers gathered in the downtown
Manufactured Home Organizations help Sponsor Annual Food Drive Read More
Following the continuing story of Jeffrey L. Et Al Gendell’s dumping of Patrick Industries’ stock since Nov. 2014, dakotafinancialnews reports he sold another 57,399 shares of Patrick on Fri., Dec. 4 at an average price of $42.49 for a net transaction of $2,438,883.51, as disclosed in a legal filing with
Jeffrey L. Gendell Continues Unloading Patrick Stock Read More
In the news from CNNMoney: Morgan Stanley slashes 1,200 jobs around the globe. Smith & Wesson gun sales up 32 percent this year. Following weak trade data from China, Dow falls nearly one percent. Oil drops below $37/bbl. Global mining giant Anglo American to cut 65,000 jobs in next few
Sun Stock Rises Alone as Third Avenue Value Fund, UFPI Drop Sharply Read More
Long-time manufactured home retailer and community owner Mary “Irene” Younkin, 95, passed away in Columbus, Ohio, Dec. 5, 2015. She was chairwoman of Greenlawn Realty, and co-founder of Greenlawn Mobile Home Sales as well as Greenlawn RV Center, and several land lease communities. Inducted into the RV/MH Hall of Fame
Passages: Mary “Irene” Younkin Read More
From Southfield, Michigan, the board of directors for real estate investment trust (REI)T Sun Communities, Inc. (NYSE:SUI) announces quarterly dividends on three different stocks, according to euroinvestor: $0.65 per share of common stock payable Jan. 15, 2016 to shareholders of record Dec. 31, 2015; $0.4453125per share on the Company’s 7.125%
Sun Lights Up with Distributions Read More
The Texas Manufactured Housing Association (TMHA) informs MHProNews that long-time TMHA member Darla Blanchard of Lumberton, TX passed away Dec. 6 at age 54 after a long battle with cancer. She and her husband, Tommy, own and operate World Wide Homes in Lumberton. MHProNews sends its deepest sympathies to her
Passages: Darla Blanchard Read More
In response to a reader’s question about siting manufactured homes (MH)on private property in specific east central Iowa locales, Tim Huey, Scott County Planning Director replies to qctimes that in rural areas, “We do not treat manufactured housing any differently than site-built homes. If a property retains a development right
Rural Scott County Iowa only Allows Multi-Section Manufactured Homes Read More
Following a story MHProNews last posted March 14, 2015 about a couple in Lewis Center, Ohio whose manufactured home was sliding into a creek next to their home, after numerous inspections and visits from commissioners, the state helped fix the situation, according to wbns10tv. The fix involved installing a retaining
Manufactured Home finally Saved from Creek Read More
In the news from CNNMoney: U. S. tries to prevent Office Depot/Staples merger. Gun stocks surge after Obama speech. Oil ends at $37.65/bbl, lowest in almost seven years. Twelve million jobs added since the recession. Trump says Washington Post is Amazon tax shelter. Finland wants to give every adult $10,000.
More MH-related Stocks Slip than Rise Read More
According to gov.texas that Gov. Greg Abbott has appointed Ronald M. “Ronnie” Richards, long-time vice-president of marketing for manufactured and modular home builder American Homestar Corporation, now retired, to the Texas Manufactured Housing (MH) Board. The board regulates the MH industry in Texas. Currently part-owner of a wedding and reception
Texas Gov. Appoints Richards to MH Board Read More
The sell off of Drew Industries, Inc. stock by principals of the company continues as Chief Financial Officer (CFO) Joseph S. Giordano III sold 8,000 shares of the company at an average price of $61.00 for a net transaction of $488,000.00, dated Fri., Nov. 27, according to midsouthnewz. He now
Drew Principals Sell over 40k Shares of Stock Read More
What’s New in public focused Manufactured HomeLivingNews.com Personalizing Your Custom Home – at Half the Cost Sneak a Peek! What Millions Knows – Hiding in Plain Sight – The Home of the Future What’s New in Manufactured Housing Industry Professional News HUD Code Home Production Continues Ascending. Multiple Insider Trades
Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015 Read More
If Kim Mele has her way, next summer she will have a campground near Methow, Washington, renting out 12 vintage travel trailers to campers who want to spend a few days in the woods on riverfront property, according to what methowvalleynews tells MHProNews. Each unit is being refurbished with a
Old Travel Trailers Renovated for Camping Grounds Read More
As MHProNews reported Nov. 26, 2015, Drew Industries, Inc.’s Chief Administrative Officer Jamie Schnur sold 1,626 shares of Drew stock at $59.41 per share for a transaction valued at $96,600.66. On Nov. 16, 2015 he sold 1,720 shares of company stock for $100,620.00. He continues to be involved in insider
Insider Trading Continues at Drew Industries Read More
In the news from CNNMoney: Amazon destroying Banes & Noble. Economy adds 211,000 jobs in October, unemployment remains at 5 percent. OPEC cannot agree about oil output. Volkswagen’s sales slipping. Australian brewer recalling one million bottles of beer. Silicon Valley nonprofit receiving funds from China. Meanwhile, the Yahoo Manufactured Housing
211,000 New Jobs push Dow up 369 points; MHCV Advances 1.58 Percent Read More
MHProNews has received word from Capital One that it has arranged an $11 million Fannie Mae fixed-rate loan to refinance Old Plantation manufactured home community (MHC) in Riverside, California. Damon Reed, Senior Vice President and Capital One Multifamily’s Director of MHC Finance, originated the transaction for the 223, all-age home
$11M Fannie Mae MHC Loan comes through Capital One Read More
MHProNews has learned from abladvisor that Damon Reed, Senior Vice President and Capital One’s Director of MHC Finance, arranged a $7.7 million refinance Fannie Mae loan for Casa de Flores manufactured home community (MHC) in Chico, California. The owner intends to retire higher-rate interest debt and make improvements to the
Capital One Arranges $7.7M Loan for Manufactured Home Community Read More
Baby Boomers are not downsizing fast enough, and by not putting their homes on the market, they are creating the inventory shortage that is driving up prices, making it tougher on would-be first-time homebuyers. This is clogging up the “whole chain of homes sales,” according to Sean Becketti, a chief
Baby Boomers Take it on the Chin for High Home Prices Read More
“New materials and technology have taken modular housing light years away from the transportable homes of the 1970s, offering a sophisticated product with drastically reduced build times,” says au.news.yahoo. Modular housing has become a more viable alternative in the past decade with the introduction of new lightweight and thermally efficient
Modular Methods Continue Blooming Down Under Read More
