Posts Tagged ‘business news’

Sunday Morning Weekly Recap Manufactured Housing Industry News July 30th to August 6th, 2017

August 6th, 2017 Comments off

WeekOfJuly302017toAug52017DailyBusinessNewsMHProNewsOur new August issue will go live tonight, Aug 6th.  Until then, our  theme for the month: July Justice 2017 – MH Billionaires, Millionaires, and You  Our featured articles will be available on the home page. Our May theme will be available mid-week this week.

 To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please click the link above.

Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling.

What the Daily Business News spotlights day-by-day are the tragedies, triumphs and struggles for acceptance of the obvious solution for millions for the growing affordable housing crisis in the U.S. and beyond.


When you read the lineup for the month found on the home page, you can reflect on another motto as you chart your own professional path ahead: “We Provide, You Decide.”  ©


What’s New On MHLivingNews

“Po-Dunk” Performer Kid Rock, Eyes Senate Run, Makes Manufactured Home Living Hip


August 5th, 2017


Ross Kinzler, top left. Sophia, top center and Right (credit, Phys) Kinzler credit, MHProNews.

August 4th, 2017


August 3rd, 2017


Image credits are as shown, text and collage credits,

August 2nd, 2017


Actively retired minister and factory built housing advocate, Donald Tye Jr. explains the complex web that can cause addiction. Loss of hope is one factor. In a prior report, linked here, Tye explained that public housing – an entitlement – often yields addiction. Ownership vs. renting or living in “projects” leads to integrity, a view similar to those of Dr. Martin Luther King, Jr.

August 1st, 2017



July 31st, 2017



July 30th, 2017

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

Texas Gains at CA, IL and NY Expense

August 23rd, 2013 Comments off
2004_tx_proof-credit-wikicommons-posted-daily-business-news-manufactured-housing-pro-news-mhpronews-com-Texas is not only the biggest state in the U.S. in terms of manufactured homes built and shipped, it is also ranked #1 for a pro-business environment by Chief Executive Magazine and now the Dallas Morning News reports it is one of the top 3 states in attracting people – and their incomes – from other parts of the U.S.. Florida gained $67.3 billion, Arizona $17.7 billion and Texas came in at 17.6 billion in adjusted gross income gained. Meanwhile, New York declined in net personal income the most, $45.6 billion. California ($29.4 billion) and Illinois ($20.4 billion) came in 2 and 3 in incoming lost by move outs. The latest U.S. census data shows Texas was the top destination for people from other states, with 140,888 net migrants for the year that ended in July 2012. Florida was No. 2, and Arizona was No. 3. A quarter of Texas’ net gain — $4.46 billion — came from California. That was followed by Louisiana ($2.63 billion), Illinois ($1.53 billion), New York ($1.13 billion) and Michigan ($1.04 billion). “There are hundreds of reasons,” including moving for a job, for family or because of the weather, Kasprak said. “Taxes are a factor when people are deciding where to live. At some point, states need to realize you can’t raise taxes too high or people will move away.” ##

(Image credit: WikiCommons)

Rent Control Victors Get Subdivision OK’d by city

August 22nd, 2013 Comments off

city-of-capitola-logo-posted-manufactured-housing-professional-daily-business-news-mhpronews-com-The battle over rent control in Capitola, CA’s Sand and Surf manufactured home community is one that MHProNews has tracked for industry readers over the years, in Daily Business News articles like the one linked here. HK&C Law has announced that Capitola has now “quietly” approved the long sought subdivision. Attorneys Mark Alpert and C. William Dahlin said: “The application (for the subdivision) sailed quickly through the City and the Vesting Tentative Tract Map was approved by the City Council…Good result for the Landlords. Great result for the City.” You can see more at the press release, linked here. ##

AMG Reports 2nd Quarter

September 27th, 2012 Comments off (1)Datamonitor tells MHProNews that asset management firm Affiliated Managers Group (AMG) has reported a net income of $60.9 million, or $0.12 per diluted share, for the second quarter ended June 30, 2012, compared to $101 million, or $0.85 per diluted share, for the second quarter ended June 30, 2011. Revenue was $429.6 million, for the second quarter of 2012, compared to $462.3 million, for the second quarter of 2011. Net income was $153.9 million, or $0.83 per diluted share, for the six months ended June 30, 2012, compared to $190.4 million, or $1.59 per diluted share, for the six months ended June 30, 2011. Revenue was $847.2 million, for the first six months of 2012, compared to $888.5 million, for the first six months of 2011. Sean Healey, Chairman and CEO of AMG, stated: “Against the backdrop of a challenging market environment, AMG reported strong results for the second quarter, reflecting continued outstanding organic growth, ongoing investment outperformance generated by our best-in-class boutiques, and the addition of two new Affiliates, Veritable and Yacktman Asset Management.” AMG is one of the stocks tracked in the Daily Business News market report. ##

And Now for the Rest of the Story……..

June 28th, 2012 Comments off

Following a Daily Business News post from June 18, 2012 about two MHCs in Carver, Massachusetts being snatched from the jaws of Equity Lifestyle Properties and becoming co-operatives, MHProNews has learned from boston, according to MA law, MHC residents have the first right of refusal if their community is being sold. Pine Tree Village (family, 186 homes) and Cranberry Village (55+, 280 homes) owner David Piper signed an agreement to sell the pair to ELS in Dec. 2011 for $22 million, a figure the residents had to match. The residents approached Piper with their offer the day before he was set to close with ELS. ROC (resident-owned communities) USA, a specialist in MHC co-operatives, arranged the 30 year mortgages for each community—6% for Pine Tree, 6.2% for Cranberry. Massachusetts-based Community Development Institute assisted ROC in developing budgets, finding a management team, and setting up operations.

(Photo credit: Amelia Kunhardt/The Patriot Ledger—Pine Tree residents Susan Roovers with daughter Whitford)