HFFLP Arranges $400M JV in US Properties, NAM Update$

HFFLP400MEconomicReportDailyBusinessNewsMHProNews

 

Holliday Fenoglio Fowler LP (HFFLP) announced the arrangement of a programmatic joint venture between a real estate investment trust and an institutional investor for the acquisition of approximately $400 million of core industrial properties in the Western U.S.,” the company said Tuesday, per Law 360.

 

HFF has managed a number of deals involving the manufactured home and RV community spaces.

But what makes this non-MH project noteworthy for manufactured home pros and investors is that it’s yet another big signal that industrial production in the U.S. is experiencing a revival.

Industrial development mean more “good jobs,” which in turn are factors cited by publicly traded manufactured home operations that lead to more new factory-built home sales.

Since 1998, HFF LP’s website states they have closed some $450 billion in over 17,900 commercial real estate related transactions of all kinds, including deals involving numerous manufactured home communities.

 

Manufacturing in America – By the Numbers

More than 90 percent of the National Association of Manufacturers’ 9NAM) 14,000 members are small to medium-sized businesses,” says NAM’s website.

2.25.201810YearTreasuriesConstantMaturityRates2008-2018NAMDailyBusinessNewsMHProNews

In a recent news release, NAM’s Chief Economist Chad Moutray noted that the anticipated increases by the FED are being adapted to by traders, and are only brining rates back towards the level seen prior to 2008.

ChadMoutrayChiefEconomistNAMNationalAssociationManufacturersPhotoLogoMore importantly, the forward-looking measure of activity for the next six months soared from 29 to 38, an all-time high in the survey’s 17-year history.”  Additionally,

  • More than 60 percent of respondents anticipate higher new orders, production and shipments in the coming months,”
  • with 46 percent and 48 percent seeing more employment and capital spending, respectively.”

Meanwhile, existing home sales decelerated for the second straight month, down 3.2 percent in January. Sales of existing homes declined from 5.56 million units at the annual rate in December to 5.38 million units in January, the slowest pace since September,” per Moutray’s report.

Despite some easing in the past two months, the good news is that existing home sales remain not far from November’s rate, which was the fastest since February 2007. There were 3.4 months of supply in January, up from 3.2 months in December but down from 4.2 months in September. As such, supplies have trended generally lower, helping to raise list prices. The median existing home sales price was $240,500 in January, up 5.8 percent from one year ago,” said NAM.

What the NFFLP deal, NAM’s data and hundreds of billions in new capital reportedly coming into America, the economic outlook remains strong.

Recent surveys indicate the public mood towards the Trump Tax Cuts has swung in his favor.

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding

$100sBillionsComingUS2018ManufacturedModularPrefabHousingIndustryDailyBusinessNewsMHProNews
http://www.mhpronews.com/blogs/daily-business-news/100s-of-billions-will-pour-into-u-s-in-2018-how-much-of-that-capital-will-deploy-in-manufactured-prefab-housing/

The stage is set for a revival of manufactured housing.  The regulatory and industry/political issues are what need to be addressed to secure the future that other economic sectors in the U.S. are enjoying since the Trump Administration took the reigns.. ## (News, analysis, and commentary.)

EmailedMHProNewsHeadlineNewsDailyBusinessNewsDon’t be the last to know. Over 1,000 new subscribers in the past 2 months. Thousands More “Get It.”

Sign Up Today! Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates. You’ll see in the first issue or two why big, medium and ‘mom-and-pop’ professionals are reading these headline news items by the thousands. These are typically delivered twice weekly to your in box.

(Third party images, and cites are provided under fair use guidelines.)

Follow us on Twitter:
ManufacturedHomes
@mhmsmcom

 

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

 

 

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top
Glastrennwände
blumen verschicken Blumenversand
blumen verschicken Blumenversand
Reinigungsservice Reinigungsservice Berlin
küchenrenovierung küchenfronten renovieren küchenfront erneuern