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Posts Tagged ‘Champion’

Modular Housing Suggested for 10,000 Affordable Housing Shortage

August 11th, 2016 Comments off

Idaho_Guerdon Modular Buildings_Star Apartments in Los Angeles_idahostatesman credit postedDailyBusinessNewsMHProNewsWriting in idahostatesman, Jerry Brady, a business man and member of Compassionate Boise, having once “snobbishly dismissed” manufactured and modular homes as flimsy and unworthy, now realizes with a shortage of some 10,000 affordable homes in south and south-central Idaho, says, “I can’t do that any longer. If you dream as I do of home ownership for Idahoans, many of whom spend as much as half their income on shelter, we must consider building many units in one place at a low cost.” MHProNews understands these homes cannot be built on the course we are on in the housing market.

He says there were once 14 off-site home builders in south and south-central Idaho, but that number has been reduced to five or six, including Champion, Fleetwood and Nashua. Three of the modular builders are producing workforce housing in the oil patch, but with the uncertainty in the oil trade, Brady suggests more companies should look homeward for more local opportunities.

As an example, he notes Guerdon Modular Buildings of Boise supplied the modules comprising the 102-unit apartment complex for the Skid Row Housing Trust Star Apartments in Los Angeles. The 350 sq ft apartments are for housing the neediest citizens of LA.

While he does not offer any financing solutions for would-be homeowners, Brady states there are 10,000 homeowners nationwide who own their own communities as cooperatives, including seven co-ops in neighboring Montana. Additionally, the Urban Land Institute reports there are 16 private national housing funds earning a decent return in the affordable housing space. ##

(Photo credit:idahostatesman-Guerdon Modular Buildings siting modules for the Star Apartments for homeless in Los Angeles)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

UMH Community Hosting Baseball Legend “Doc” Gooden ; UMH Chair to Present at NAREIT

June 1st, 2016 Comments off

Dwight_Doc_Gooden__pitcher__marcellus__creidtUMH Properties, Inc. (NYSE:UMH) announces it will host three-time champion World Series pitcher Dwight “Doc” Gooden on June 18, 2016 at the manufactured home community owner’s Kinnebrook Estates in Monticello, New York. Gooden will sign fans’ sports memorabilia or a free photo of the storied pitcher that attendees will receive after touring a UMH model home, according to marcellus.

Although his greatest impact was with the New York Mets and the New York Yankees during his 16-year career from 1984 to 2000, Gooden also pitched for the Cleveland Indians, Tampa Bay Devil Rays and the Houston Astros.

He played for the Mets during the team’s World Series victory in 1986, and he pitched the first no-hitter of his career with the Yankees in 1996. The youngest player to appear in an All Star game, Gooden won the prestigious Cy Young Award after only four seasons in the majors, and maintained a lifetime batting average of 318, unusual for a pitcher.

In other news, prnewswire reports UMH will present at REITWeek 2016: NAREIT’s Investor Forum on June 7, 2016 at the Waldorf Astoria New York. Opening remarks will be delivered by Chairman of the Board Eugene Landy, who will be celebrating his 50th year as Chairman in 2018.

MHProNews knows UMH owns and operates 98 manufactured home communities comprised of 17,800 home sites in seven states east of the Mississippi. The real estate investment trust (REIT) also owns a portfolio of REIT securities. ##

(Photo credit: marcellus–baseball great Dwight “Doc” Gooden)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J Silver to Daily Business News-MHProNews.

Sunday Recap March 29-April 4 2015

April 5th, 2015 Comments off

Sunday_morning_recapHUD Code production continues rising, China going modular, Cavco Acquisition, Affordable housing lags, New MHC in Arizona, Inmates Building Modular Homes, Champion Partners with Winnebago, MHCC Suggests Multifamily HUD Code Homes and more.

Mon., March 30

Rising Land Values Force Older Manufactured Home Communities Out

China Choosing Modular for Hotels, Housing

Housing Costs Skyrocket over 30 Years

Deer Valley Skyrockets +116.67 percent; MHCV up, Dow Surges

Cavco Industries Acquires RV and Manufactured Home Producer Chariot Eagle

Tue., March 31

Montana County Tightens Restriction on Manufactured Homes

Insider Sells $1.26 Million of Drew Stock

Affordable Housing not Keeping up with Demand

Pending Home Sales, First-time Homebuyers Rise in Feb.

Nobility Homes Surges; MHCV, most Tracked Stocks Drop

Arizona Proposal will Include Manufactured Homes

Wed., April 1

Modular Homes to be Built by Inmates

Twisting Terminology about Manufactured Home Financing

Article on Manufactured Homes and High Winds Gets it Wrong

RV/MH Hall of Fame Issues call for Class of 2016

UMH Gains, Cavco Slips, MHCV loses 3.00 Percent

Champion to Partner with Winnebago for RV Park Models

Thurs., April 2

Site Rent Increase Denied at Manufactured Home Community

Finnish Modular Apartments are Rent to Own

Residents have Garnered Signatures Opposing Manufactured Home Community

Sun Closes on Orlando area Manufactured Home Communities

MHCV Outperforms Dow; Consumers Saving their Gasoline Savings

UMH Selects Vice Presidents, Declares Cash Dividends

Friday, April 3

Consumer Sentiment Rises in March

North Carolina Bill would Clarify Retitling of Manufactured Homes

Modular Container Homes Bringing People back to Downtown Phoenix

Manufactured Home Production Continues its Ascendancy

Multifamily HUD Code Homes Recommended by MHCC

Stock Market Closed in Observance of Good Friday

Sat., April 4

Skyline’s Q3 Balance Sheet Improves ##

(Image credit: MHProNews)

matthew-silver-daily-business-news-mhpronews-com  Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

Private, Public Alliance Provides Efficient Factory-built Homes to Low Income Americans

May 2nd, 2014 Comments off

Next Step Homes is the factory-built home distribution channel for parent company Next Step Network, which mobilizes nonprofit resources to provide affordable and ENERGY STAR homes for low income residents across the nation. Next Step couples its 25 nonprofit community housing development organizations with heavy hitters in the factory-built housing industry—Cavco Industries, Inc., Champion Homes, Clayton Homes and Kit HomeBuilders West. Champion built and installed 17 new manufactured homes in five months at the Pine Tree Manufactured Home Park in Monmouth, New Jersey following Hurricane Sandy, working with the Affordable Housing Alliance, a Next Step member.

Community Frameworks, a Next Step member in Washington, has ordered homes from Cavco’s Palm Harbor Homes plant in Millersburg, Oregon. Mark Wilson of Community Frameworks, says, “We have been extremely pleased with Palm Harbor Homes, not only with the quality of their work and their state-of-the-art facility, but more importantly with their staff.” MHProNews has learned Clayton and KIT are the two newest members of the Next Step Network, as the profit and nonprofit worlds meet in empowering those of modest means to achieve the American dream of homeownership and independence from the cycle of poverty. For more about NextStep, click here.##

(Image credit: nationalmortgagenews.com)

2013 Tunica Manufactured Housing Show – by the Numbers

April 1st, 2013 Comments off

attracting-more-customers-with-cash-good-credit-seminar-2013tunica-show-posted-mhpronews-com-Increased optimism, higher attendance and more sales by factory-builders were reported by those who attended the 2013 Tunica Manufactured Housing Show. Kevin Flaherty, Vice President of Marketing at Champion Enterprises, told MHProNews that “Champion had a very successful show with most retailers citing a significant increase in lot traffic starting 60 days ago.  While appraisals and financing still exist as hurdles, there is a definite feeling that this year will outpace 2012.  It appeared that all manufacturers placed a greater emphasis on interior design components with exciting applications found throughout the show.  The number of supplier displays and the activity at their booths is further evidence that confidence in manufactured housing is returning!” Dennis Hill, Show Coordinator for the Tunica Show confirmed that statement, saying, “All of the factories I spoke with reported this was a selling show.”

Others made similar comments.

By the numbers, attendance at the Show was up in every category in 2013 over 2012.

2012 vs. 2013

37 – 62 = Builder/Developers (167% increase over 2012)

48 – 82 =  MH Community owners/managers (170% increase over 2012).

39 – 45 = Installers (115% increase over 2012)

899 – 1,045 = MH Retailers (116% increase over 2012)

Compared to 2012 when 2,028 attendees and exhibitors came to the Tunica Show, 2013’s final report reflected a grand total of 2,204 attendees and exhibitors.

All attendees who took part in the educational seminars were asked to give a written evaluation of their experience. On a scale of 1 being the poorest and 5 being the best, all presenters and/or panels were ranked by attendees as a 4.0 (“good”) or better. When asked “Is having business building seminars a positive, appealing attraction for coming to the Tunica MH Show?” with 1 = no attraction to 5 = a “strong attraction,” attendees rated the seminars as a 4.82 overall attraction (good to strong). ##

(Photo Credit: Lisa Tyler for MHProNews)

 

Modular Mixed with Stick-built

March 18th, 2013 Comments off

MHProNews has learned from grandforksherald Genco Bakken Development is planning 200 affordable housing units in Grand Forks, ND in the northeast corner of the state. Genco finalized the purchased of 71 lots, named Thames Court, from the Grand Forks Housing Authority this month and intends to begin as soon as the ground thaws. The development will be a mix of modular homes from Champion Homes and stick-built, with 10 single-family, 16 twin, and 45 townhome lots. Single-family homes will range from $140,000 to $230,000. Genco previously built similar developments in Williston and Minot, ND nearer the oil fields where the demand for housing is very strong.

(Photo credit: Champion Homes–modular)

MH Component Supplier to take over former MH Plant

February 27th, 2013 Comments off

As statesmanjournal informs MHProNews, the Silverton (Ore.) Planning Commission voted to approve an application by Universal Forest Products, Inc. (UFPI) to move into the former Champion Homes’ Redman Housing facility in the city’s industrial park. The wood-product manufacturing plant would consolidate operations now being conducted at nearby Woodburn and McMinnville, and would employ 100 people once the plant is readied for production, likely by the fall. Based in Grand Rapids, Mich., UFPI met with nearby residents and city staff members in Dec. 2012 before submitting its application Jan. 18. The building has sat empty for five years. Universal is a component supplier to the manufactured housing industry.

(Photo credit: Universal Forest Products, Inc.)

Drilling is Good for Factory-built

January 29th, 2013 Comments off

The timesunion reports 40 housing modules are on their way from the Port of Albany, in New York, to St. John’s, Newfoundland, Canada for housing offshore drilling workers. Manufactured by a Champion Homes plant in Sangerfield, NY, the modular homes are destined for Exxon/Mobil’s Hebron Project that seeks to recover 660 million barrels of oil. As a side note, the Port of Albany receives crude oil from the Bakken Field in western north Dakota, another bright spot for the factory-built housing industry, as MHProNews has reported numerous times.

(Photo credit: Skip Dickstein/timesunion)

 

Greenstar Expands into Idaho

September 20th, 2012 Comments off

IdahoBusinessReview reports Mesa, Arizona-based Greenstar Building Systems has purchased a building in Weiser, Idaho to make modular housing for workers at oil and mining camps. The 67,000 square-foot building was previously owned by Champion Homes, which consolidated its work force into another building during the housing turndown. Greenstar anticipates hiring over 75 production workers, including carpenters, painters, electricians, plumbers and assemblers, likely drawing on former Champion employees. In addition to producing modular homes for work camps in Texas, North Dakota, Montana, Nevada and Canada, the company also provides septic, utility, power, security and food services at the work sites. MHProNews has learned hiring will begin by mid-October. The facility will also include a sales force.

(Image credit: Global Regina)

Bakken Shale Gives MH a Boost

January 20th, 2012 Comments off

From Hoover’s Bizmology comes an article about the North Dakota Oil boom and a related spike in manufactured hosuing shipments. Writer James Bryant says in the article that the oil boom in the Bakken shale formation in North Dakota has manufactured home companies scrambling to meet demand. The recent declines in shipments began to reverse around August of 2011 and by November shipments grew more than 50 percent compared to November, 2010. According to the article a Nebraska Champion plant is adding workers and increasing production. Sales have also improved for Cavco. 2012, Bryant says, may be the kind of year manufactured home builders have been waiting for. Bryant also concludes that with a shift in the U.S. housing market toward multi-family units, manufactured housing may be a more affordable option over site-built homes for those opting to buy rather than rent.

(Image Credit: greenwichmeantime.com)