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Posts Tagged ‘recreational vehicles’

City Decision Sparks Discussion, Should Manufactured Home Communities be Allowed to Lease Sites to RVs?

August 25th, 2017 Comments off
MHCsandRVsCreditsRVLemonLawRenrenpengDailyBusinessNews

Featured image credits, RVLemonLaw, Renrenpeng, MHProNews.

Should Recreational Vehicles (RVs) be allowed to use vacant lots in a manufactured home community?

That question sparked a debate in the state of Ohio, and elsewhere.

Some manufactured home communities that have a vacancy issue would happily rent vacant lots to towable or motorized RVs, to bring in additional revenue.

Others – generally the more upscale, ‘4 to 5 star’ communities – are often less receptive to leasing a home site in their communities to any RV.

In Bucyrus, Ohio, some communities are looking to be able to share their land with RVs.  But they are running into zoning issues.  Per sources in Ohio to MHProNews, that may or may not even be up to the city council do determine.

JohnRostashBucyrusZoningAdministratorCreditCityofBucyrusDailyBusinessNews

John Rostash, the Buycrus Zoning Administrator. Credit, City of Bucyrus.

Genesis of a Controversy

The issue arose due to an influx in temporary workers in the gas and oil industry.  A number of them bought RVs, or they seek  other short-term housing arrangements other than living out of a hotel room.

That’s where the whole thing started, was with the pipeline guys,” John Rostash, the city’s zoning administrator.

According to the Bucyrus Telegraph-Forum, communities that want to lease sites to RVers are located in the city’s manufactured home residential zoning district.  The city does not clearly allow RVs, campers, or any housing other than HUD Code manufactured homes in a land-lease community (LLC).

The city council considered the possible disruption in those areas caused by leasing MHC (LLC) sites to RVs.

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CouncilmanStevePiferCreditCityofBucyrusDailyBusinessNews

Councilman Steve Pifer. Credit, City of Bucyrus.

I can’t fault these guys [manufactured home community owner/operators] for what they’re doing,” Councilman Steve Pifer.

I can understand if we were talking about turning the art park into a campground, but we’re not,” Pifer said. “I’m not sure this is such a horrible thing.”

Pifer said he sees how this could be beneficial to those communities that wish to do so.

But some other council members have raised concerns that the RVs will be vacant over the winter, becoming an eyesore of sorts. Rostash countered that doing so wouldn’t be allowed in the first place.

They’re asking for it to be used as a campground, not as a storage facility,” Rostash said.

OMHC Ought to Regulate?

While the city council debates over whether or not these communities should be allowed to let RVs into their parks, a source in Ohio tells MHProNews that it is the Ohio Manufactured Homes Commission (OMHC) that should have the final say on the matter.

The Ohio Manufactured Homes Commission determines what is appropriate or not for MH Parks by law. Zoning a park does fall under local authorities but they do not have jurisdiction within the park to determine what may or may not be allowed in park lots,” per an informed source in Ohio.

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Ohio Manufactured Homes Commission. Credit, OMHC.

The Daily Business News has previously reported on Ohio Governor John Kasich’s elimination of the Ohio Manufactured Homes Commission. However, as it stands now, the OMHC still has the last say as to what happens within communities until the transfer to the Ohio Department of Commerce (DOC) is complete.

MHProNews is told that will be the case until “the transfer to the Ohio Department of Commerce will take place January 21, 2018.”

RVs Create Controversy for MH Parks Abound

Bucyrus isn’t the only place having trouble when it comes to allowing RVs in manufactured home communities.

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Richard Nodel, owner, Nodel Parks, photo credit, LinkedIn.

We have several communities that include RV sites. So long as RV’s are in a segregated area, we have never had any complaints or problems,” said Richard Nodel, owner of Nodel Parks.

We faced a similar situation in Wyoming where the city of Gillette wanted to restrict Rvs which typically were used by construction and coal mine workers. Our argument was that these RV’ers wanted to live in a residential environment rather than the typical local RV Park that catered to overnighters,” Nodel told MHProNews.

SpencerRoanePentagonPropertiesCreditsPostedDailyBusinessNewsResearchDataReportsMHProNewsWe allow them in communities where the local regulators don’t object.  Some regulators, however, differentiate between HUD & RV, and won’t allow the latter in LLCs,” [land lease communities] said Spencer Roane, of Pentagon Properties in an email to MHProNews.

Another Association with Numerous Communities Viewpoint

According to a statement from the Minnesota Manufactured Housing Association, several Minnesota community owners were approached by an entity based in a neighboring state, offering for sale, surplus recreational park trailers or park models, no longer needed to house transient workers. They were marketed to communities as a fast and economical way fill vacant home sites, by either selling or renting the units.”

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Minnesota Manufactured Housing Association logo. Credit, MMHA.

In response “the MMHA reminded its community members that recreational park trailers and park models were not a permitted use in manufactured home communities.”

However, Minnesota’s laws do have a solution for parks who wish to accommodate both manufactured homes and RVs.

Minnesota Statute allows for holding a dual license as a manufactured home community and a seasonal recreational campground, with designated sites and requirements for each. There is no reported effort underway in the State of Minnesota to allow recreational park trailers or park models for use in manufactured home communities.”

 

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Bucyrus City Hall and Police Department. Credit, Wikimapia.

Back in Ohio, according to the Bucyrus Telegraph-Forum, members of the Bucyrus city council decided to send the issue to the county’s Planning Commission.  They could put together a list of suggested guidelines allowing the communities to have “conditional use” to rent their vacant lots as an RV “campgrounds” site.

This discussion has been an ongoing one in community and zoning circles for years, and is likely to continue in areas where vacancy issues for manufactured home community operators continue. ## (News, analysis.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

JuliaGranowiczManufacturedHomeLivingNewsMHProNews-comSubmitted by Julia Granowicz to the Daily Business News for MHProNews

 

 

 

Former Sugar Plantation Sees Reallocation of Manufactured Homes

April 19th, 2017 Comments off

(Manufactured Home, Bulow Plantation MHC, credit: MHVillage)

In 1821 Charles Bulow purchased nearly 5,000 acres of land in northeast Florida, in what is now Flagler County. According to Florida Today, local historian Al Hadeed said, “The Bulow Plantation was one of the largest plantation enterprises in territorial Florida. It was very successful because its major crop was sugar. Sugar was very, very expensive and very prized. Sugar was also used to make rum, so it had a lot of different uses.

He was very successful, but unfortunately, that success suffered the fate of the Seminole Indian Wars. His plantation, like many of the others in northeast Florida, was burned by the Seminoles.” The Seminoles were in fact retaliating against the federal government, not the Bulow family.

Now, as the Palm Coast Observer informs MHProNews, 323 acres of that land has 276 homesites for manufactured homes and 352 sites for recreational vehicles, as well as 11,300 square feet of commercial space. But that distribution of sites at the Bulow Plantation is about to change.

(Bulow Plantation MHC, credit: MHVillage)

When it was established in 2000, it had been approved for up to 1,020 manufactured home sites and 350 RV sites, but a developer has received county commission approval to reallocate the acreage with 750 RV sites and only 600 MH sites.

Flagler County Planner Adam Mengel said at an April 17 county commission meeting that the developers of the Bulow Plantation Development “have these campgrounds all over the United States. They’re seeing this as a great tool to be able to bring visitors to our county. We’re hoping to encourage that.”

The change would see an increase in traffic on area roads but in line with what the county staff see as an acceptable level of service. In addition, Bulow Plantation Development has been ordered to establish a 20-foot landscape buffer between the Bulow property and the Flagler Beach Polo Club West. ##

 

(Image credits are as shown above.)

Submitted by Matthew J. Silver to Daily Business News for MHProNews.

Drew Reports Net Sales 22% Above Last Year’s Comparable Quarter

August 5th, 2016 Comments off

Drew_Ind_2_logo posteedDailyBusinessNewsMHProNewsElkhart, Indiana-based Drew Industries, Inc. reported consolidated net sales for the second quarter of 2016 increased to $441 million, 22 percent higher than the same period in 2015. “Our operating profit in the second quarter of 2016 improved to more than $59 million, compared to nearly $34 million in the second quarter of 2015,” said Scott Mereness, Drew’s President.

Net income was $37.6 million, or $1.51 per diluted share, for Q2 2016, compared to net income of $20.9 million, or $0.85 per diluted share, for the second quarter ending June 30, 2015, according to prnewswire.

Drew(NYSE:DW) has modified its internal structure, with the OEM division focused on the products sold to OEMs, and the burgeoning afermarket division supplying repair and replacement products through distribution channels, a market Drew is actively pursuing. For Q2 2016 the company increased net sales to the aftermarket by over 32 percent, adding $34 million.

As of June 30, 2016, the Company had a net cash position of $29 million, an improvement of $66 million from a net debt position of $38 million at the beginning of the year, even after $15 million of dividend payments in the first half of 2016,” said David Smith, Chief Financial Officer. “This cash generation was the result of our operational performance and was strongly aided by inventory reductions of $26 million.”

As MHProNews knows, while Drew is heavy into recreational vehicle products, it also is a component supplier to the manufactured home industry.

A replay of the company’s webcast discussing the second quarter is available at Drew’s website. ##

(Logo credit: Drew Industries, Inc.)

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

Laramie, WY Updating 50-year old Manufactured Home Regulations

July 19th, 2016 Comments off

Wyoming__Laramie__seven_acres__mhc__mhvillage__credit postedDailyBusinessNews-MHProNewsAs kowb1290 in Laramie, Wyoming tells MHProNews, licensing of manufactured home communities (MHC) began in the 1950s, before zoning even existed, and has remained mostly unchanged as part of the zoning code since.

The city council will consider the third and final reading of updated standards for MHCs on Tuesday, July 19 at the regular meeting.

Ordinance 1922A is designed “to protect and promote the public health, morale, convenience, safety and welfare” of MHCs, as well as to license and regulate them and to issue permits for their location. Any unlicensed MHC, recreational vehicle (RV) community or campgrounds would be illegal. Licenses have to be renewed every two years.

Under the ordinance, RVs and travel trailers cannot be used as homes in MHCs, and sojourns in RV parks would be limited to 180 days. The ordinance defines the conversion of any portion of an MHC to an RV community, and requires the owner of an MHC to remove or repair damaged homes before a license can be issued.

Streets within the community need to have signage and manufactured homes need to have addresses. A general modernizing of licensing regulations is also part of the ordinance. ##

(Photo credit: MHVillage-Seven Acres MHC in Laramie, Wyoming)

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

Patrick Stock has Risen +58.35 Percent in Seven Months

July 15th, 2016 Comments off

Patrick_Industries__insideindianabusiness__credit postedDailyBusinessNews-MHProNewsMHProNews has learned from consumereagle that Gendell Jeffrey L has decreased its stake in Patrick Industries, Inc. (NASDAQ:PATK) by 6.22 percent, based on its latest Q1 2016 regulatory filing, selling 86,165 shares. Gendell has been peeling off Patrick stock in periodic layers since Nov. 2014, no doubt earning a pretty penny as the stock rises.

At the end of the first quarter of 2016 Gendell owned 1.30 million shares of PATK valued at $58.98 million, a drop from the 1.39 million Gendell owned at the end of the previous quarter.

As MHProNews reported in its daily stock report today, July 15, Patrick slipped -0.05 percent to end the week at $65.00. Patrick’s stock has risen 58.35 percent since Dec. 7, 2015, outperforming the S&P500 by 54.72 percent.

Other hedge funds that have stakes in Patrick include Pacific Ridge Capital Partners LLC which has 73,220 shares, while Tygh Capital Management Inc. holds 60,698 shares. Eam investors of California has a stake of 70,845 shares, and Mesirow Financial Investment Management Us Value Equity owns 32,340 shares in PATK. The company, based in Elkhart, Indiana has a market cap of $984.20 million.

Patrick, based in Elkhart, Indiana, manufactures component products and distributes building materials to the manufactured home and recreational vehicle industries. Its manufacture of lamination includes bonding lauan, medium density fiberboard (MDF), gypsum and particleboard to cover materials such as foil, vinyl, paper and high pressure laminates. ##

(Photo credit:insideindianabusiness)

Sun Communities Closes on Acquisition of Centerbridge’s Carefree Communities

June 10th, 2016 Comments off

sun homes coming soon signUpdating a story MHProNews last posted March 22, 2016 regarding the acquisition of Carefree Communities, Inc. from Centerbridge Capital Partners II, LP for $1.68 billion, Sun Communities, Inc. (NYSE:SUI) announces it has closed on the transaction.

Sun issued Centerbridge $225 million in shares of common stock priced at $67.57 per share, and $1.455 billion in cash, one billion of which was immediately applied to the seller’s outstanding debt to make the transaction totally debt-free.

With the acquisition, according to nasdaq, Sun adds a total of 103 manufactured home (MH) and recreational vehicle (RV) communities to its portfolio, 27,554 home sites comprised of 9,829 developed MH sites and 17,725 RV sites. Additionally, there are 396 MH sites and 2,586 RV sites suitable for development. Most of the communities are in Florida and California.

Based in Southfield, Michigan, Sun now owns and operates 337 communities with 117,000 home sites in 29 states and Ontario, Canada. ##

(Image credit: Sun Communities, Inc.)

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

City Council to Consider Checkerboarding of Manufactured Homes and RVs

May 17th, 2016 Comments off

wyoming__laramie__seven_acres__mhp__mhvillage__creditIn March, the Laramie (WY) City Council lifted the ban on the sale or transfer of mobile homes built prior to standards of the Department of Housing and Urban Development in 1976, as laramieboomerang informs MHProNews.

In Dec. 2015 at issue was an ordinance restricting recreational vehicles (RVs) to no more than 180 days presence in a manufactured housing community (MHC) or an RV park, raising concerns from some RVers that they would have to relocate. If adopted, community management would have to segregate the MH from the RVs, a topic that is on the agenda for this week’s meeting.

While the city staff recommends the ordinance be adopted as written, Community Development Director Randy Hunt suggested allowing RVs and MH to intermingle in what he called a checkerboard pattern. “If they (city staff) give us clear direction and say they decide to do checkerboarding, to allow for interspersing, that’s not a hard amendment. I would say we’d need one month for postponement,” he said.

He added that any postponement would require park and community owners’ licenses be automatically extended for 12 months. “It’s not a critical issue for the city to have those licenses in place, but park owners have told us it’s critical for their purposes, for their bankers to know they’re licensed in the community,” Hunt said.

Much of the discussion in December centered around the safety of modern RVs versus the older ones the city staff is concerned about.

Mayor Dave Paulekas wants the issue settled. He said: “I think we’ve had plenty of opportunity to vet this whole subject, plenty of opportunity to research and hear public comment — it’s time to give direction, whatever that may look like.” ##

(Photo credit: MHVillage–Seven Acres MHC, Laramie, Wyoming)

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

Drew Drawing a Bead on Overseas Markets?

April 29th, 2016 Comments off

drew_industMHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200 million, led by JPMorgan and Wells Fargo. The company had nothing outstanding against the $100 million at the close of the refi.

Drew intends to use the funds to grow organically and for possible acquisitions, including a feature that allows it to draw up to $50 million in approved foreign currencies including Canadian and Australian dollars, Euros and Pound Sterling.

Another feature: lending can be increased by $125 million. Bank of America Merrill Lynch and 1st Source Bank are also participating in this refinancing, according to prnewswire.

Said David M. Smith, Chief Financial Officer: “This new agreement, with its expanded capacity, multi-currency feature and improved financial terms provides the Company with a platform to use its financial strength to continue to seek out and capitalize on growth opportunities.” The company is no doubt taking advantage of low interest rates.

As MHProNews knows, through 44 manufacturing and distribution sites in the U. S. and Canada, Drew supplies components to the manufactured home and recreational vehicle industries, and to many other industrial markets as well. ##

(Image credit: Drew Industries, Inc.)

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

Patrick Ind. Reports Revenue Increase of 25 percent for Q1

April 28th, 2016 Comments off

patrick_industries__insideindianabusiness__creditFor the first quarter of 2016, manufactured home (MH) and recreational vehicle (RV) component supplier Patrick Industries, Inc. (NASDAQ:PATK) reports sales increased $55.2 million, 25 percent, from $223.4 million to $278.6 million, largely attributable to a 25 percent increase in revenue from the RV industry.

Revenue from the MH industry rose 23 percent, representing eleven percent of the first quarter’s 2016 sales, estimating that wholesale unit shipments increased 18 percent in Q1 2016 as compared to the first quarter in 2015.

Patrick reported operating income of $20.6 million for the quarter, an increase of $5 million, or 32 percent, from the $15.6 million for the comparable quarter of 2015. As prnewswire informs MHProNews, net income in Q1 of 2016 rose 32 percent to $12 million from $9.2 million in Q1 2015. Earnings per diluted share increased 36 percent from $0.59 to $0.80

On a trailing twelve-month basis, MH content per unit rose roughly five percent for the first quarter of 2016 to an estimated $1,808 from $1,718 for Q1 2015.

The company’s total assets grew $72.9 million to $454.3 at March 27, 2013, as compared to $381.4 million as of Dec. 31, 2015, in large part due to acquisitions, seasonality and overall growth.

In today’s trading, Patrick closed down -4.55 percent at $46.73. ##

(Photo credit: insideindianabusiness)

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

Puyallup RV Show will Include several Manufactured Homes

April 21st, 2016 Comments off

Washington__puyallup_RV_show__MHRV__creditWhile the emphasis is clearly on recreational vehicles at the 42nd annual Puyallup (Wash.) RV Show, April 28 thru May 1 at the Washington State Fair Event Center, several manufactured homes will also be on display, as pressreleaserocket informs MHProNews.

A product of the MHRV Show Association, opening day will be Manufactured Housing Day sponsored by DeTray’s , Lakeview Meadows, Palm Harbor Homes and Skyline Homes.

DeTray’s Custom Housing of Puyallup will exhibit Skyline Corp.’s “Ramada” home and Kit Homebuilders West’s “Cedar Canyon” home, two rustic homes very suitable for waterfront vacation property.

DeTray’s Manufactured Housing of Olympia, WA will display two Palm Harbor Homes: a 1473 square foot home with the latest cutting edge features, and a 586 square foot tiny home.

Lakeview Meadows is a 55+ manufactured home community in Lacey, WA with RV storage facilities.

Sixteen RV dealers will be displaying all the latest models in the RV world. A special area will display a smattering of pre-owned RVs for sale.

The MHRV Show Association was formed in 1966 for the express purpose of promoting the RV and manufactured home industries. ##

Photo credit: MHRV Show Association)

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