Posts Tagged ‘CA’

It’s Back and Better than Ever!

December 29th, 2011 Comments off

KentuckyExpositionCenter-Wikimedia Commons posted on

Everyone I talk to is very pleased the show is moving forward in 2012. This year’s show is in a growth mode and we expect the show to be bigger and better than last year. “ said Ron Thomas, active retailer, community owner and Louisville Show Chairman. While it may not be a surprise to hear a Show Chairman say something like that, the sentiment is echoed in the feedback from other attendees and exhibitors. Perhaps most important is the fact that pre-show registrations are up from the surprising totals of 2011. Lorayne Scott, with Show Ways Unlimited – the firm which organizes the Louisville Show – told MHProNews that:We had 970 retailers, builder/developers, community owner/operator, and installers.  As for the exhibitors we had a total of 442.  The total attendance was 1412.” That total of 1412 from all facets of factory built housing made it one of the top 2 attended events in the manufactured housing industry for 2011. Numerous positive comments have come in from 2011 show attendees who are excited about the shows 2012 plan. One example is from Darrell Boyd with Triad Financial, who said, “I was pleasantly surprised at our attendance at the 2011 Louisville Manufactured Housing Show last year. I knew the 50 year history of the show and the spirit of our industry would bring us back. I just wasn’t sure what to expect in 2011. The traffic at our exhibitor booth was brisk and it seemed the renewed positive attitude of the attendees was infectious and spilled over during the show. I talked to many other exhibitors and manufacturers and they agreed with my sentiment. With the 2012 show approaching, I’m eagerly looking forward to our continued renewed growth.” The 2012 Louisville Show line up includes a strong cross section of free business building workshops and seminars, a special appearance and address by Cavco CEO and MHI Chairman Joe Stegmayer as well as even more homes and exhibitors than 2011. Free online registration is scheduled to end January 3. You can pre-register at this link, or get more information at this link.

(Photo Credit: Wikimedia Commons)


Bill could make private loans in manufactured home land lease communities easier

September 28th, 2011 2 comments

Jean Fuller CA state senator credit aquafornia posted on Istockanalyst reports that a bill by CA state Senator Jean Fuller could make it easier for residents in land lease communities there to get private money loans. With professionals, buyers and sellers all pointing to a lack of commercial banks in the field, this is seen as important for all concerned. The bill would allow mobile and manufactured home community owners to make private seller’s loans without having to secure additional certification. It passed unanimously in the Senate and was recently tabled for the Assembly’s next session in early 2012. Fuller’s district include Barstow, CA, where a number of community owners have historically offered financing at their discretion, so long as they held a real estate broker license. Kathy Pirwitz, an assistant manager at Holiday Homes community said: “It’s always been an issue to get loans on mobile homes,” especially compared to conventional housing. Since the housing/finance crisis, federal and state regulations passed in 2008 and 2009 required the mobile and manufactured home community owners to get an additional finance lender license before giving out such loans. Senator Fuller’s office said the extra regulations overly burdensome on community owners, who tend to only occasionally give out a private loan. “Seller financing is one of the keys in financing markets,” Curtis O’Brien, a local broker and owner of Exit Strategy Realty said, adding that he thinks mobile home owners should have the choice to take the risk with a loan without extra restrictions. Fuller’s bill “restores some of the freedom they should have had all along,” O’Brien said.

(Phot credit: Aquafornia)

Mare Island deal puts Blu back in Modular News

August 29th, 2011 Comments off

TimesHerald reports the Architectural Heritage and Landmark Commission unanimously approved improvements to the nearly 10 story Lennar Mare Island-owned Building 680 in preparation for an anticipated lease with housing fabricator Blu Homes. “Obviously, (we are) very close to completing a transaction with (Blu Homes),” Tom Sheaff, vice president and general manager for developer Lennar Mare Island (CA) told the commission Thursday. Sheaf said solar and wind power companies expressed interest before Lennar settled on Blu Homes. Commission chairman Wendell Quigley said the modular home manufacturer is expected to initially employ 90 people on Mare Island, building up to as many as 190. Blu Homes vice president of Operations Rob Kranenburg told the panel he expected to bring only two or three employees to the new site, because a lease provision with Lennar Mare Island requires that more than 90 percent of the new workers would come from the greater Vallejo area. Blu Homes builds eco-friendly, energy efficient homes tailored to buyers’ desired floor plans. Their homes range from $100,000 to $400,000, Kranenburg told the commission.

(Element unfolding home video credit: BluHomes)

Proposal to sell city own manufactured home community defeated

August 25th, 2011 Comments off

Laguna_Vista_photo_credit_SeniorRetirementLivingNCTimes reports that the proposal to consider selling city owned Laguna Vista Mobile Home Park in Oceanside, CA has died. The Financing Authority in February voted 4-0 to instruct city staffers to explore the idea of selling the manufactured home community. The city panel that oversees the land lease community’s financing were deadlocked on the proposal. City Councilmen Jerry Kern, Gary Felien and Jack Feller, sitting as members of the Oceanside Mobile Home Park Financing Authority, wanted to call for proposals from private investors, park residents or nonprofit agencies to buy the park at 276 N. El Camino Real. The plan was blocked by Mayor Jim Wood, Councilwoman Esther Sanchez and Frances Thoene, the park residents’ representative on the authority, who voted against it. Authority member Bob Neal was absent. “I think it’s wise that we keep it.” Wood said. Mayor Wood said “the timing is terrible” due to the economy and housing prices. Sanchez said “This is not a financial burden to the city.” Kern said the city should not own the community and should at least ask for proposals for purchasing it. Kern believes park residents could create a nonprofit organization of their own to buy the location. “That’s probably the best long-term solution,” Kern said. Alternatives Kern favors are a non-profit or finally a private firm purchasing the community. Laguna Vista is run by Haven Management, under contract to the city. The land belongs to the Ishi Family Trust which the city has a long-term lease on through 2052. Larry Ishi, who is a non-voting member of the Financing Authority, said his family has had “a very nice relationship” with the city. “We certainly would have no objection if it went on but the city has to make the best business decision, we understand that,” Ishi told authority members.

(photo credit: Senior Retirement Living)

RV/MH Hall of Fame inducts 10 in ceremony

August 3rd, 2011 Comments off

RV_MH_Hall_of_Fame_TripAdvisor_posted_on_MHMSM.com_MHProNews.pngSome 350 leaders from the RV and Manufactured Housing industries gathered at the RV/MH Hall of Fame in Elkhart to dine on surf and turf while honoring the class of 2011 inductees. Hodge Patel from U.S. Congressman Joe Donnelly office said: “Each year about 45 million vehicles travel the Indiana Toll Road. We need to work to capture these travelers so that they too can experience the RV/MH museum and hall of fame…The wow-factor is inside this building and we all need to re-double our efforts, just as Go RVing and many others have done financially and through other commitments.” The Spirit award went to retiring board member Jerry Pickrell, in recognition of 20 years of service. Inductees included: George Allen, GFA Management, Greenwood, IN. Robert Azevedo, Alpine RV, San Francisco, CA. MH Retailer Leonard O. Brown, West Valley View, Inc. Allegany, NY. Both Harold ‘Hal’ Gerring, (deceased), Gerring Industries, Shipshewana, IN. Larry Huttle, Airstream, Jackson Center, OH. James Knott, J & B Homes, Carlsbad, NM. John Martin, TCA and MHI, Locust Grove , VA. Mike Schneider, Affinity Group, Ventura, CA. MHARR co-Founder James F. Shea, Jr, Fairmont Homes, Nappanee, IN was also among the inductees. The Hall of Fame tells that photos from the event will be available in the next few days.

(photo credit of RV/MH Hall of Fame: TripAdvisor)