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Posts Tagged ‘Gary McDaniels’

Yes! Communities Closes on Major Deal, Added Insights Not in Media Release

May 9th, 2018 Comments off

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YES! Communities (“YES!”), one of the nation’s largest owners and operators of manufactured home communities, today announced that it had acquired a portfolio of 24 manufactured home communities, comprising over 6,800 residential home sites in the states of Michigan, Indiana, Illinois and Texas, from affiliates of Four Leaf Properties,” said the company in a release to the Daily Business News.

 

As a result of the acquisition, YES!’s portfolio now includes 213 manufactured home communities, comprising over 54,000 home sites, in 18 states.  While terms of the acquisition were not disclosed, YES! announced that it has completed a total of approximately $450 million in acquisitions so far in 2018, and is continuing to seek opportunities across the nation.”

Yes! has been named the Manufactured Housing Institute (MHI) “Operator of the Year” award for the last 9 out of 10 years.

Just two months ago, Yes! announced “that Steven J. Schaub, the company’s Chief Operating Officer, has been promoted to the position of Chief Executive Officer, replacing Gary P. McDaniel.  Mr. McDaniel will remain as a Senior Advisor to the Company.  YES! further announced the promotion of Karen E. Hamilton to the position of Chief Operating Officer, replacing Mr. Schaub.”

In his statement about the Four Leaf acquisition, CEO Steven Schaub said, “This acquisition of family-oriented properties in solid Midwest markets fits exceptionally well into our portfolio and offers considerable upside potential through the leasing of presently vacant home sites.  Consistent with our operating strategy, we intend to add new homes on open sites across the portfolio and invite new residents, both prospective homeowners and home renters, to enjoy the community and resident-focused YES! experience.”

COO Hamilton said, “We are proud of our YES! team members nationwide, who have once again been honored by their peers for the exceptional service they provide.  Their commitment to resident satisfaction and true community building are what make YES! special and we congratulate them on another successful year.”

About Four Leaf Properties:

In 2011, business partners Kevin Shaughnessy and Mike Callaghan — after selling their $12M data analytics/tech company — moved into the burgeoning manufactured home (MH) industry. Founding Four Leaf Properties, the team facilitates MH ownership, property management, home retailing, insurance, mortgage loans, community growth, and resident satisfaction. Their national portfolio has 7000+ sites,” per Business Wire.

The ranking of Yes! Communities in the National Community Council’s (NCC) top 50 operators as of the time of their report is found below. The move continues to the trend towards consolidation within the manufactured home communities sector, and the industry in general. ## (News, analysis, and commentary.)

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Related Reports:

 

 

 

 

 

Hundreds of New Manufactured Home Communities Opened, But How Many Have Closed? Industry Research Result$

 

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

 

Barry Shein, Gary McDaniels, the Mission of Filling Manufactured Housing GAPs

February 8th, 2018 Comments off

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Interviews with industry success stories – such as Barry Shein, of the Commodore Corporation, Gary P. McDaniel, CEO of Yes Communities – reveal professional perspectives that others need to consider.  Those interviews and other featured reports are found from this  link here

 

Perhaps even more insightful is or our version 2.0 of the Kevin Clayton video conversation, linked here.

The old management mantra that ‘you can’t manage what you can’t measure’ is part of the reason MHProNews brings you a wide array of reports that deal with manufactured housing, and the broader housing industry, ‘by the numbers.’

HUD Code Production Beats 2017 Expectations December 2017 Annual New Manufactured Home Shipment Totals Released

The Daily Business News tracks factory built housing developments, primarily domestic and in Canada, but also international when it may have relevance for the industry in the U.S.

Reports done by third-parties reveal what others outside of manufactured housing are spotlighting. Our fact checks, analysis and commentary can be useful in setting the record straight when errors are made by others about the modern realities of manufactured homes.

 

Expert’s NWS Statement Reveals Serious Problems in Tornado WARNINGS & Manufactured Housing Safety Data

Housing trends can help investors and industry pros – particularly independents – better understand the truth about the opportunities to serve Americans, who need an estimated 8 plus million affordable housing units, right now.

Home Sales slide in December, But Rose Overall in 2017, Import for Manufactured Housing

 

On a typical week, MHProNews brings readers as much or more “Industry News, Tips and Views Pros Can Use© than all other trade publishers combined do in a month.

We don’t shy away from critical issues. We aren’t the yes man, even for the big boys.

 

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From Tim Williams to Industry Voices on MHProNews. 

Maybe that’s why from big, medium to ‘mom and pop’ businesses are on our website by the thousands daily.

Tony, if MHProNews is writing about it, I want to know about it.” – MH Industry Executive.

Or as an independent recently said:

 

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February 2018 monthly featured articles, and interviews are live on the home page, at this link here.

As you consider the daily drum beat brought by

  • the Daily Business News,
  • or consider the biggest collection online of the national independent producers MHARR News,
  • spotlight good industry news…

 

  • …or ponder exclusives that spotlight revelations that ought to be front page news everywhere there an affordable housing challenge,

you should then wonder; why hasn’t MHI issued a ‘housing alert’ to share the same good news?  Why are threats made to state executives or others, when the truth well told and incentives should do?

 

The Industry’s GAPs

The Urban Institute (UI) recent report on manufactured housing does have several problematic aspects to it.

But it does the industry an unusual favor by asking a question that ever single career pro, investor, public official, manager or owner should ask.

Manufactured homes could ease the affordable housing crisis. So why are so few being made?”

“Follow the Money” – Controversial Urban Institute Report on Manufactured Housing

 

As their headline neatly summed it up, why isn’t the factory built home industry doing far better?

Reviewing The Mission

We first launched MHProNews, and then MHLivingNews, with a simple mission.

That is to help the MH Industry and others discover what’s the truth about our misunderstood but nevertheless amazing homes and services. To spotlight what works, what’s overlooked, and to show what’s holding the industry back from achieving its potential.

That could be described as a day-by-day GAP Analysis.

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To rephrase, our trade media mission is much like a GAPs analysis.  The understanding of what makes up the factors influencing the GAP will change over time.

But it begins with what Zig Ziglar said in the quote below.

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Some of those fact checks, analysis, and commentary run counter to the interests of a few.  Of course, there will be some push-back.  But without sharing those revelations as they become better known and understood, how can the industry achieve its potential?

We routinely provide those we fact check with the opportunity to clarify, or correct if needed.  We provide the context for quotes and facts.  Thus, the Daily Business News can look readers in the eye at evens like the recent Louisville show as say “We Provide, You Decide.” ©

And you – along with thousands of others today – respond by sharing your time, news tips, and read more here than any other resources of its kind in the history of manufactured housing. Thank you. ## (News, analysis, and commentary.)

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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.