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Sunday Morning Weekly Recap – Manufactured Housing Industry News – September 19th through 24th

September 25th, 2016 Comments off
MHProNews_Sunday morning recap of week's stories postedDailyBusinessNewsMHProNews

Image credit, MHProNews.

This past week continues our theme of Superior September 2016 coverage of the news that matters for manufactured housing industry professionals, as well as all those interested in quality affordable housing and/or are engaged in the factory-built home industry.

The articles below will include a variety of news and special reports from respected guest writers Joe Dyton and RC Williams.

Let’s dive in to our headline news recap.

What’s New On MHLivingNews

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Two sides – Controversy at Cal-Am’s Heritage Village Manufactured Home Community in Beaverton, Oregon

 What’s New On MHProNews

Saturday September 24th

Manufactured/Modular Home Retailer Grabs Positive Local Media Coverage

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Friday September 23rd

Property Rights vs. Resident Rights – FoxNews Video, Manufactured Home Industry Voices sound off

Deer Valley Home Builders, Skyline Homes lead – all markets drop, Multi-Million Dollar Fraudster

electioncoverage45daysnov8-politicaleconomicheadlines-manufacturedhousingindustrydailybusinessnews-mhpronews

Election Coverage – 45 Days To Go – The Biggest Debate In History Looms Large – Political, Economic, Headline News

Bloomberg – Manufactured Home Industry is the Solution to the Affordable Housing Crisis 

Two sides of Protest, Controversy at Cal-Am’s Heritage Village, Beaverton, Oregon

Thursday September 22nd 

Mud 3D Homes? The BigDelta, One Year Later

Patrick and Drew Up, Record High-NASDAQ, Dow Climb Continues

 trentwilliamslovesufpizackholdinsidertrades-universalforestproducts-manufacturedhousingindustrydailybusinessnewsmhpronews

Trent Williams loves UFPI – Zacks says Hold on! – plus Insider Trades…

Clinton – ‘Why aren’t I 50 points ahead?’ Clinton gains in LA Times Poll, but Trump still leading

Northern NIMBY? Controversy, but New Manufactured Home Development Gets OK’d

Wednesday September 21st

Tiny Houses on Planning and Development director’s radar

Big Day for UFPI, ELS – MHCV rises; No Fed Rate Hike, Dow Jumps too

 

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Wells Fargo and the CFPB – Who are Feds Working for – Consumers? Business? Itself?

Inmates Learn Factory-Home Building Skills

Billion-Dollar Micro-Modular War – Housing Homeless, but Unions Balk Over Importing Units From Abroad

Tuesday, September 20th 

Scotiabank ups Killam Properties Price Target to C$13.25

Cavco and Third Ave and US Markets Rise, but MHCV falls

$6.7 Billion in Opportunities Bubbling Up?

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Outed! Hillary’s Bush! 7 Weeks to November 8th Voting – Trump Surges to lead

Another International Company Buying into U.S. Manufactured Home Communities

Monday, September 19th

Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers

onemonthlaterlousianafloodingfemamanufacturedhousingindustrydailybusinessnewsmhpronews

One Month Later… What’s Happening in Louisiana’s Post Flood Recovery?

Cooks Avoid normal Zoning Flap over “Mobile Home” placement

CFO Josh Boone accepts award for Patrick Industries

Sunday September 18th

Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 11 to Sept 18, 2016

(Image credits are as shown on the original page where the image is posted.)

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RC WIlliams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

 

 

 

Sunday Morning Recap – February 8, 2015, to February 13, 2015

February 15th, 2015 Comments off

sunday-morning-weekly-manufactured-home-pro-news-recap-1-4-to-1-10-2015-mhpronews-com-Welcome to the Sunday Morning Recap! We hope you will enjoy reading about the latest in the manufactured housing industry. There are some interesting articles regarding the sale of some manufactured housing communities and reopening of a manufactured housing plant that will provide 150 jobs. There are bills pending in state and national legislative bodies that will help more people to acquire manufactured homes of their own.  And, we celebrate with some dealers and manufacturers in the opening of new locations and awards for excellence.  So, fill up your coffee cup and read on!

Friday, February 13, 2015

Residents of Closing Manufactured Home Park Receiving Relocation Help

Factory Expo Home Centers Celebrate Opening of New Sales Center in Pennsylvania

Dow Goes Up 0.26%; MHCV Values Go Down 2.38%

Wisconsin Resident’s Manufactured Home Destroyed by Semi-Truck Crash

Fisherman’s Biggest Catch is Property He Purchased in 1956

Bradenton Manufactured Home Community Sells for $6.3M

Upgrades in Process!

Thursday, February 12, 2015

Improvements for Manufactured Homes Included in Minnesota Aid Program

U.S. Stocks Approach New Record; MHCV Values Go Up

Who Will Be the Democratic Candidate for President in 2016?

HUD Secretary Julian Castro Speaks to Congress About Recent FHA Actions

Brian Walker Joins Universal Forest Products Board

CFPB Director Cordray Explains Changes to QM Rules and How He Obtained a Black Eye

Wednesday, February 11, 2015

Iowa Senate Bill Seeks to Help First-time Homebuyers

U.S. Stocks Flat in Choppy Trade; MHCV Values Dip Again

“Momentum!” for HR 650, the Preserving Access to Manufactured Housing Act 2015, Is Increasing

Clayton Homes Dealership Named 2014 Best Retail Sales Center in Alabama

Scarce Affordable Housing in Canadian City Is Intensified by Closing of Manufactured Home Community

Canadian American Homes Purchases Assets of Liberty Homes

February 10, 2015

Rebuilding Together Donates Champion Modular Home to Veteran

U.S. Stocks Close at Highest Level This Year on Greece Hopes; MHCV Values Were Static

Arkansas Mortgage Recording Bill Stirs Up Criticism

New Zealand Factory Opens to Turn Out Prefab Homes

More Hurricane Sandy Assistance for New Jersey Manufactured Home Owners

Trade Groups Seek More Compensation for HFA Loans

February 9, 2015

Washington Snowbirds Cheer on Seahawks from Their Own MH Community in Arizona

Dow and MHCV Values Dip Again, Oil Goes Up

State of Georgia buys more than 100 homes to demolish near Robins AFB

Land Lease on Arizona Manufactured Home and RV Resort Goes For $30.2M

Maryland Owner Refinances 187-Unit Manufactured Home Community

Habitat for Humanity Comes to the Aid of Ranch Mobile Home Park

February 8, 2015

Sunday Morning Recap – February 1, 2015, to February 6, 2015

 

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Article submitted by Sandra Lane to – Daily Business News – MHProNews.

 

Sunday Morning Weekly Recap – January 4, 2014, to January 10, 2014

January 11th, 2015 Comments off

sunday-morning-weekly-manufactured-home-pro-news-recap-1-4-to-1-10-2015-mhpronews-com-The first full week of January started off a bang, and the news that touches the manufactured housing world is found in all of its headline glory in the daily recaps that follow.

Your previous weekly recap for Sunday January 4th, is found linked here. In the headlines that follow, you’ll find legal news, MH stock reports, the latest word on super-energy saving manufactured homes, purchases/problems/pleasant events with MHCs and much more.  Every headline is a link to that story. Grab that coffee, tea or other drink and dive in…

Monday, January 5, 2014

Nadeen Green says Disparate Impact case could rock MH & MHC owners, managers’ world

Death of Child in Factory Built House Fire Inspires Increased Education on Fire Safety

Caddis Capital Closes on $10.8 Million Purchase of two 55+ Manufactured Home Communities

Tuesday, January 6, 2014

ELS, SUI with slight gains; S&P Falls Fifth Straight Session

MH Community Owners Class Action suit seeks damages from state agency

Senator Edward Brooke (R-MA), Fair Housing Law Champion, Dies at 95

Wednesday, January 7, 2014

MHCV rises, S&P 500 musters first gain of 2015, snaps 5-day losing streak

Water Problems Persist at Ohio Manufactured Home Community

Balanced Reporting? MS Tornadoes, Stick Built and Manufactured Homes

The Tiny House Trend – Possible New Market for Manufactured Housing?

Deer Valley – Manufactured and Modular Homebuilder – CEO Retires

Thursday, January 8, 2014

MH stocks rise, Dow soars 323 points today, rekindling investors’ hopes

Lesli McCollum to Fill Jason Boehlert Vacancy at MHI

Manufactured Home Shipments Dip in November

David Einhorn – Is American Business as big a gamble as Poker?

Friday, January 9, 2014

President Obama and Julian Castro tout lower FHA premium

Communities mixed, MHCV slips, Shakin’ Paris Shakes the Markets, Majors drop

Authorities Prevent Residents’ Association From Raising Their Own Site Rent

Wall Street Scopes out ELS’ strong performance this week

San Antonio Mission Trails MH Park Closure deadline looms

Saturday, January 10, 2014

Latest Daily Business News Redesigned 21st Century Manufactured Homes Maximize Energy Savings

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(Photo Credit: MHProNews)

sandra-lane-daily-business-news-mhpronews-com-75x75-Article Submitted by Sandra Lane to – Daily Business News- MHProNews.

 

UMH Properties, Inc. Announces New Acquisition

November 3rd, 2011 Comments off

UMH_Properties_Logo posted on MHMarketingSalesManagmentMHProNews.com learned that UMH has recently announced it has closed on the acquisition of Clinton Mobile Home Resort, a 116-site manufactured home community situated on 24 acres, located in the City of Tiffin, County of Seneca, in the State of Ohio, for a purchase price of $3,450,000.  UMH is a publicly traded Real Estate Investment Trust (REIT). With this purchase, UMH now owns thirty-nine manufactured home communities consisting of approximately 8,860 land lease home sites, located in New Jersey, New York, Pennsylvania, Ohio and Tennessee. UMH owns over 500 acres of land for the development of new sites.

UMH has a wholly owned subsidiary, UMH Sales and Finance, which sells manufactured homes into its communities, which is licensed by the Pennsylvania Department of Banking, NMLS 200331. Samuel A. Landy, President, stated, “We are pleased to announce the acquisition of this 98% occupied community.  The operation of Clinton Mobile Home Resort will fit in nicely with our existing Ohio communities.  This well-located, age 55 and older community is a welcome addition to our growing portfolio.” In our Daily Business News market report for Wednesday, the Freehold, N.J. based firm lead gainers for the day, closing up sharply at 10.02, +0.82 (+8.91%).

(Graphic Credit: UMH Logo)

 

Bender MH community sells to developer

September 27th, 2011 Comments off

Bender_MH_community_location,_Ft_Collins_CO_google_mapsColorodoan reports that Bender Mobile Home Park has sold to a developer who plans to redevelop the location as single family housing. Located at 912 Wood Street in Fort Collins, CO, the property has 16.7 acres, some two dozen factory built homes and some site built housing structures on it already. Developer Gino Campana traded other property he owns to the Howard E. Bender Revocable Trust, owner of the Bender MHP. Campana said he is working with the city and their resources to help relocate the residents, many of whom have lived their for decades. Residents have been notified they have roughly six months to move.

(Graphic credit: Google Maps)

Baywatch’s Pam Anderson as your “upwardly mobile” neighbor, 2+2MH Sells for 2 Million Cash

September 27th, 2011 Comments off

2Mil MH in Malibu next door to Pam Anderson3in1 Wikimedia and AOL RE, photo collage by MHProNews.comCurbed, AOLRE and MyWestTexas are among the many to report that the most expensive manufactured home sale of the year has closed in Paradise Cove manufactured home community in Malibu, CA.  The home listed for some 2.5 million and was sold for 2 million dollars –  ‘all cash.’  It is a two bedroom, two bath multi-sectional with garage.  It boasts Baywatch star Pam Anderson as a neighbor, along with stunning views of the Pacific Ocean from the bluff it is perched upon.   The story is related to one MHProNews.com reported on previously – Malibu and Maxey remind us that some mobiles are worth millions – here in the Daily Business News.  Sources report that this is not the price record here, as some manufactured homes have sold in the 2.5 million dollar price range prior to the real estate downturn.

(Photo Credits: AOL RE and Wikimedia Commons)

Crime Free Training offered by City and County

September 15th, 2011 Comments off

drug free crime free wikimedia commonsTahoeDailyTribuine reports that the Douglas County Sheriff’s Office and South Lake Tahoe Police Department will offer a free Crime Free Multi-Housing Program.   The training program is geared to local multi-family (apartment) housing, manufactured home communities, vacation rental owners or managers, and property management companies. This innovative, law-enforcement-based crime prevention solution, was developed in 1992 by Tim Zehring.  Zehring retired as a 22-year veteran of the Mesa Arizona Police Department and Executive Director of the International Crime Free Association.  The training will be offered from 8 a.m. to 5 p.m., Oct. 11, at the Lake Tahoe South Shore Chamber of Commerce at 169 Highway 50, 1st Floor Conference Room in Stateline.  Pre-Registration email Melanie Raulston-Arnold at laketahoecrimefreeprograms@msn.com or call 775-790-6694.

(File photo credit: Wikimedia Commons)

Wells Fargo closes loans for 6 communities for $50 Million

September 12th, 2011 Comments off

Tony Petosa Wells Fargo Nick Bertino 123 people and Wells Fargo LogoMHProNews.com has learned that Wells Fargo Multifamily Capital’s Tony Petosa and Nick Bertino have reportedly closed 50 million in loans on 6 manufactured home community properties in the last 90 days.   The six properties are located in four states across the country and total 1,661 sites.  These included, Club Marina, a 171-site MHC located in Bay Point, California, with a loan amount of $9,200,000. Pleasant Valley, a 300-site MHC located in Las Vegas, Nevada, with a loan amount of $7,100,000.  Orange Village, a 150-site MHC located in Orange, California, with a loan amount of $7,500,000. “With our Fannie Mae, conduit, and balance sheet lending products, we offer a range of dependable financing programs. In recent years we have shown our commitment to commercial real estate and our clients by being a dependable lender that can execute during volatile periods in the financial markets” said Nick Petosa.  Wells Fargo has originated nearly $5 billion in manufactured home community loans since 2004.  Wells Fargo has $1.3 trillion in assets and some 275,000 team members across their 80+ businesses.

(Editor’s note: MHProNews internal site statistics reveals that Wells Fargo employees are among the heavier users of our online trade media platform.)

(Photo credit: Tony Petosa (r) Nick Bertino (l) 123people and Wells Fargo Logo)

AG gets injunction against manufactured home community owner

September 12th, 2011 2 comments

G:\MH Merchandiser.com\Daily Business News\Massachusetts_Attorney_General_Martha_Coakley_Wikimedia_Commons.pngLegalNewsline reports an update on a story previously covered by MHProNews.com, that  Massachusetts Attorney General Martha Coakley announced she had obtained a preliminary injunction prohibiting the owners of a manufactured housing community from continuing alleged intimidating sales tactics. Morgan RV Resorts LLC and its sales team allegedly used intimidating tactics to charge homeowners excessive fees for a questionable membership club in order to stay in their homes at the Peters Pond housing community. Suffolk Superior Court Judge Paul E. Troy found that the state’s allegations that the defendants violated the Consumer Protection Act held merit and granted the preliminary injunction. Last month, Coakley filed an enforcement action against Morgan and its sales team for allegedly violating the Massachusetts Manufactured Housing Act and the Consumer Protection Act.

(Editor’s Note: Your link to the previous story for added details is here.)

(Stock photo credit: Wikimedia Commons)

New March date attracting strong support for MH Show

September 7th, 2011 3 comments

Great Southwest Home Show 2012  QuikTrip Center GSWHS Golden Oil Man Expo Square Tulsa OKSources tell MHProNews.com that momentum is building for the return of the 2012 Great Southwest Home Show.   “The Great Southwest Home Show gave us a great platform to introduce and sell our Rocky Mountain Series.” said Howard McGirt, General Manager  of Southern Energy Homes of Texas.  Kurt Kelly of Mobile Insurance said, “At the Great Southwest Home Show, we have a chance to see and visit with many of our clients, as well as meet with other industry leaders from across the country.”  Deanna Fields, Executive Director for the MHAO stated: “The Great Southwest Home Show is excited once again to have MHMSM.com (MHProNews.com) help promote the largest inside home show in the Southwest.  MHMSM.com is a  valuable tool to get the message out about our show and new show dates, March 1-2 (Trade Days) and March 3-4 (Public Days). 2012 “  When asked by MHMSM about commitments for show spaces, Field’s replied: “Already we have  Legacy Housing, Oak Creek, American Homestar, Palm Harbor, Sunshine, Southern Energy of Texas, Fleetwood Homes, Skyline Homes and Southern Homes eager to participate. “  Retail attendees have said that the date earlier in the season helps them select the right homes for the Spring/Summer selling season.

(Editor’s Note: More information on the 2012 Great Southwest Home Show can be found at a press release to MHMSM.com at this link.)

(Photo Credit: MHProNews.com)