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Posts Tagged ‘Scott MacFarlane’

HAS Hires MacFarlane for New Manufactured Housing Position

May 1st, 2015 Comments off

MH two story for sale   greg vote getty images creditWe believe that the manufactured housing mortgage space is poised to make a comeback in the capital markets,” says Stephan Wheeler, managing director and chairman of HAS Capital, LLC. HAS has just appointed Scott MacFarlane to manage the company’s manufactured housing (MH) funding programs and develop their national originations platform, a newly-created position, according to globest.

MacFarlane had been with US Bank, but that company left the indirect manufactured housing lending program last year, as MHProNews reported here Nov. 12, 2014. The larger draw is the role of MH in providing affordable housing especially for retirees in the Sun Belt states. In addition, as the gap between MH and site-built homes widens, and the population ages, the demand for affordable housing will increase, making this a growing asset class.

We’re already seeing record returns for companies that own manufactured housing communities,” added Wheeler, referencing the return of 44 percent by three real estate investment trusts (REITs)– Equity LifeStyle Properties, UMH Properties, Inc. and Sun Communities, Inc.–as MHProNews reported April 22.

Not mentioned in the article is the passage of House Bill 650, indicating the importance attached to MH by the U. S. Congress, which will provide more consumer access to purchasing and selling manufactured homes.

MacFarlane began his career in 1984 in the manufactured housing industry as a collection manager in Arkansas. Says Wheeler: We think we’re in the right place at the right time and Scott is the right person to help get this asset class back to the capital markets.” ##

(Photo credit: Getty Images–Greg Vote–two story manufactured home)

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

Arkansas MHA Chooses Board

November 21st, 2011 Comments off

LogCabinDemocrat reports Kevin Hawks, recently honored for twenty years of membership in the Arkansas Manufactured Housing Association (AMHA), was re-elected to the AMHA’s Board of Directors at the organization’s 40th annual meeting recently. Board leadership positions include: Lloyd Watson of Roy Borden Agency in Little Rock, Chairman; Sherman Price, Price Mobile Homes in Mena, AR Vice-Chairman; Neal Bodenstein, Blevins Inc., Nashville TN, Secretary; and Scott MacFarlane of US Bank—Manufactured Home Finance Division, Little Rock, Treasurer. In addition to Hawks, other board members are: Brent Cappaert, Cappaert Manufactured Housing, Vicksburg MS; Ricky Davis, Eldorado Mobile Homes, Eldorado AR; James Duncan, Hanover Insurance, Fort Smith AR; Ken Ross, Triad Financial Services, Sherwood AR; and Matt White, Russellville Homes, Russellville AR.

(Graphic credit: AMHA)

Triad, US Bank and Digital Leveling praise MMHF’s Show

September 30th, 2011 Comments off

purple cow show home credit patriothomesblogMHProNews.com has learned that praise for the Midwest Manaufactured Housing Federation’s show continues. “I was pleasantly surprised at our attendance at the 2011 Louisville Manufactured Housing Show…I knew the 50 year history of the show and the spirit of our industry would bring us back.” said Darrell Boyd, with Triad Financial Services. “The traffic at our exhibitor booth was brisk and it seemed the renewed positive attitude of the attendees was infectious and spilled over during the show. I talked to many other exhibitors and manufacturers and they agreed with my sentiment. With the 2012 show approaching, I’m eagerly looking forward to our continued renewed growth.” Boyd stated.  Scott MacFarlane, Vice President of National Sales Operations for U.S. Bank Manufactured Housing Services echoed the sentiment by saying,  “In 2011, we were very pleased with the results we achieved at the Louisville Show and all my account executives who attended in 2011 responded on how happy they were with the retailers they were able to talk to at the show. We are very excited about attending the 2012 Show.”  Triad and U.S. Bank will both be part of a free workshop planned for manufactured housing community operators, developers and retailers on new and updated finance programs that will take place during the 2012 Louisville Manufactured Housing Show.  “The drive and resourceful nature of Dennis Hill (at Showways Unlimited) and the MMHF once again amazed and inspired everyone with the success of the 2011 Louisville Manufactured Housing Show.” said Mike East, with Digital Leveling Systems.  The Louisville Show “…is simply the official “kickoff” of the new year each season. It’s like opening the door and turning the lights on for the new year and saying “OK, We’re Open For Business-Let’s Get Going.” East explained, adding: “To miss the Louisville Show is like forgetting to flip the “OPEN” sign over in the front window. It’s just not right and leaves you with that gut feeling you missed something. So don’t miss a thing in 2012!”

(Editor’s Note: More information about the 2012 return for the Louisville Manufactured Housing Show at the indoor Kentucky Exhibition Center is found at the link above.)

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(Photo credit: PatriotHomeBlog)