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Posts Tagged ‘lincoln’

HFF Secures Loan for Kingsley Management

September 20th, 2013 Comments off

HFF (Holliday Fenoglio Fowler, L.P.) has secured a 25-year, fixed-rate, fully-amortizing loan through Lincoln Financial Group for $8.2 million in financing for Villa Cajon on behalf of Kingsley Management Corp (KMC). HFF will also service the loan. A 125 homesite manufactured housing community in El Cajon, California, Villa Cajon is a 100 percent occupied all ages community featuring a swimming pool, clubhouse, gameroom, picnic area and playground. As nreionline.com tells MHProNews, KMC is one of the nation’s largest privately-owned manufactured housing community owners with over 40 communities in eight western states.

(Photo credit: TriStar Estates)

Two California Land Lease Communities Obtain Financing

July 16th, 2013 Comments off

Working exclusively on behalf of Wynne Corporation to seek financing for two manufactured home communities (MHC) north of Los Angeles, HFF (Holliday Fenoglio Fowler, L.P.) secured acquisition financing for La Maria MHC in Santa Maria, Calif. and refinancing for Ojai Oaks Village in Ojai, Calif. La Maria is a 158-site senior MHC which received a ten-year, $8.5 million fixed-rate loan from Aegon USA Realty Advisors, LLC. HFF arranged an $8.3 million fixed-rate loan from Lincoln Financial Group for Ojai, a 125-site, 96 percent occupied all-age community 25 miles east of Santa Barbara. La Maria is 98.1 percent occupied. As nreionline informs MHProNews, HFF will also service the loans.

(Photo credit: Arnaldo Abba/psmag–Pismo Dunes MHC in Calif.)

RV/MH Museum part of Lincoln Highway Celebration

June 21st, 2013 Comments off

Honoring the centennial of America’s first paved transcontinental road, the Lincoln Highway, convoys representing a variety and age of motorized vehicles will set out both from Times Square in NYC and San Francisco to meet at the Great Platte River Arch Museum in Kearney, Nebraska. Joining the trek will be a caravan of 25 vintage recreational vehicles that will stop at the RV/MH Hall of Fame in Elkhart, Ind. on June 24, and spend the night with the museum’s historic collection. As rvbusiness informs MHProNews, the Tin Can Tourists, as the early models are called, will be on display from 6 to 8 p.m. that evening. The Hall will host as many as 100 antique automobiles that are also part of the highway’s 100th birthday that same afternoon at 4 p.m.

(Photo credit: RV/MH Hall of Fame Museum–classic RV)

Modular Complex will Complete in 24 Weeks

May 28th, 2013 Comments off

MHProNews has learned from lincolnite.co.uk JR Pickstock Group and Elements Europe are building a 120 room modular student housing complex in Lincoln, United Kingdom, north of London. The seven-floored project will include studio apartments, cluster rooms and “buddy rooms” as well as a coffee shop on the ground floor. Modular construction will allow the work to be completed in 24 weeks, ahead of the September, 2013 opening of school, and much sooner than traditional construction methods could complete the build.

(Image credit: thelincolnite–UK modular student apartments, Lincoln, UK)

State Home Show Features Factory-built

January 15th, 2013 Comments off

Iowa Manufactured Housing Association (IMHA)’s Joe Kelly has informed MHProNews that Lincoln Homes of Ogden, Iowa brought a Redman manufactured home and a Skyline modular home to the Iowa Home Show in Des Moines this past weekend. While other manufacturers were there, only Lincoln brought homes. Held at the Varied Industries building at the state fairgrounds, Joe quite rightly remarks, “No marketing program beats giving consumers a chance to walk through our homes.”

(Photo credit: Joe Kelly, IMHA)