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At the request of Members of Congress, the Federal Trade Commission is delaying enforcement of the "Red Flags" Rule until June 1, 2010, for financial institutions and creditors subject to enforcement by the FTC.

The Rule was promulgated under the Fair and Accurate Credit Transactions Act, in which Congress directed the Commission and other agencies to develop regulations requiring "creditors" and "financial institutions" to address the risk of identity theft. The resulting Red Flags Rule requires all such entities that have "covered accounts" to develop and implement written identity theft prevention programs to help identify, detect, and respond to patterns, practices, or specific activities - known as "red flags" - that could indicate identity theft. MHI believes the rule applies to retail sales centers and land-lease communities with home sales operations.

The Commission previously delayed the enforcement of the Rule for entities under its jurisdiction until November 1, 2009. The Commission staff has continued to provide guidance to entities within its jurisdiction, both through materials posted on the dedicated Red Flags Rule Web site (www.ftc.gov/redflagsrule), and in speeches and participation in seminars, conferences and other training events to numerous groups. The Commission also published a compliance guide for business, and created a template that enables low risk entities to create an identity theft program with an easy-to-use online form. FTC staff has published numerous general and industry-specific articles, released a video explaining the Rule, and continues to respond to inquiries from the public. To assist further with compliance, FTC staff has worked with a number of trade associations that have chosen to develop model policies or specialized guidance for their members.

On October 30, 2009, the U.S. District Court for the District of Columbia ruled that the FTC may not apply the Red Flags Rule to attorneys. Today's announcement that the Commission will delay enforcement of the Rule until June 1, 2010, does not affect the separate timeline of that proceeding and any possible appeals. Nor does it affect other federal agencies' ongoing enforcement for financial institutions and creditors subject to their oversight.

Manufactured Housing Institute
2101 Wilson Blvd., Suite 610, Arlington, VA 22201-3040
Tel: (703) 558-0400

Source: MHI Newswire

Daily Business News Briefs

Investor Makes Big Moves on Skyline Homes

Investor Makes Big Moves on Skyline Homes

Venator Capital Management increased its stake in Skyline Corp (NYSE: SKY) by 805 percent in Q2 based on its latest regulatory filing with the SEC. Venator purchased 466,541 shares as the company’s stock, and now holds 524,492 total shares valued at $4.93 million. The move follows Skyline’s recent earnings results, where the company reported a 26 p...

03 Dec 2016

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Harvard Clinton-Trump Campaign Debate Trump Thank You Tour-Videos

Harvard Clinton-Trump Campaign Debate Trump Thank You Tour-Videos

Americans just experienced a truly unique election and are now living through a historic transition.  “News” has been called the first draft of history. The recent election has and will impact everyone and every industry – including ours – as we track here on the Daily Business News and daily industry-connected market report. Economic growth...

03 Dec 2016

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Is Ben Carson the Right Choice for HUD Secretary? Depends On Who You Ask

Is Ben Carson the Right Choice for HUD Secretary? Depends On Who You Ask

Since the buzz began about President-elect Donald Trump “seriously considering” Carson for the top job at the Department of Housing and Urban Development (HUD) and Carson’s apparent interest in the job, things have been quiet. “We have much work to do in strengthening every aspect of our nation and ensuring that both our physical & […]...

02 Dec 2016

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Louisiana-Pacific Leads Up Day For Manufactured Housing Comp, Broader Marke…

Louisiana-Pacific Leads Up Day For Manufactured Housing Comp, Broader Markets Mixed

Noteworthy headlines on CNNMoney – Hackers steal 2 billion rubles at Russia’s central bank. Italy’s referendum risks pushing banks over the edge. U.S. health spending rose nearly 6%, fastest since 2007. Unemployment drops to 4.6%, lowest since 2007. Some bullets from MarketWatch – Oil scores weekly gain of over 12% on back of O...

02 Dec 2016

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Manufactured Home Owners Face Unique Crisis, Community Response

Manufactured Home Owners Face Unique Crisis, Community Response

In many instances, discussions around the land below a manufactured home can be moving. In this instance, it may be literally. Harvey and Jean Kloos invested in their manufactured home in the Knoll Terrace community, located in Canyonville, Oregon, as it provided them the chance to own a home on their fixed income.   Per […]...

02 Dec 2016

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As Winter Approaches, Fire Safety Facts and Myths Take Center Stage

As Winter Approaches, Fire Safety Facts and Myths Take Center Stage

As another winter arrives and the weather cools, people make a mad dash for heaters and fireplaces. This of course can be dangerous if those options are not used or maintained properly. According to News-Press Now, an example of that danger occurred early Wednesday morning In St. Joseph, Missouri when firefighters responded to a blaze […]...

02 Dec 2016

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Dreaming of a Free Home at Christmas – Ava Wood’s True Story

Dreaming of a Free Home at Christmas – Ava Wood’s True Story

Thanksgiving has just passed, and Christmas is coming. “Down on her luck” Ava Woods, living in very difficult conditions, but known for her giving spirit, has just been given her dream come true. Clayton home building group, Clayton Homes of Pelham and Jesus Works Ministry, teamed up with others to make this giveaway possible. Please s...

02 Dec 2016

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Equity Lifestyle Properties Sees Volume Spike in Stock, Updates Earnings Gu…

Equity Lifestyle Properties Sees Volume Spike in Stock, Updates Earnings Guidance

Equity Lifestyle Properties Inc. (NYSE: ELS) saw a volume spike on its stock on November 29th. On the day, ELS saw 699,263 shares trade hands on 6,059 trades. The stock averages a daily volume of 444,616 shares a day over the last month, and the difference represents a significant bump in volume. According to Equities, […]...

02 Dec 2016

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Berkshire Hathaway, Skyline lead Manufactured Housing Comp, Broader Markets…

Berkshire Hathaway, Skyline lead Manufactured Housing Comp, Broader Markets Mixed, Dow New Record High

Noteworthy headlines on CNNMoney – Starbucks CEO Howard Schultz to step down. Trump: Companies to be punished for leaving U.S. 6 million borrowers are 90 days late on their car loans. Marijuana stock IPO goes up in smoke. Some bullets from MarketWatch – Dow closes at record high, Nasdaq slumps with tech stocks weak. Smith […]...

01 Dec 2016

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Economic Boom Causing Manufactured Home Community Evictions?

Economic Boom Causing Manufactured Home Community Evictions?

Residents throughout southwest Louisiana are beginning to wonder if the recent economic boom for the area is the reason several manufactured home communities are becoming RV parks, and why those living in them may be facing eviction. “It’s a landlord’s market and it’s going to continue that way until after this expansion...

01 Dec 2016

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Explosion at Manufactured Home Community Injures Resident

Explosion at Manufactured Home Community Injures Resident

Dorothy Czerniak, a resident of Sun Leisure Mobile Home Park in Penticiton, British Columbia is a lucky woman. Czerniak narrowly escaped serious injury when what is believed to be an explosive device wrapped as a Christmas present exploded as she was opening it Wednesday morning. She suffered minor burns and singed hair, but was not […]...

01 Dec 2016

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New Sponsors

Featured Articles and Reports - December 2016 Vol. 8 No. 3

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During a Busy Week, How to Catch Up on Industry News, FAST!

During a Busy Week, How to Catch Up on Industry News, FAST!

by Soheyla Kovach Many readers have told us over the years how useful they find the news articles on the industry first and still only Daily Business News, here on MHProNews.com. ... NSP_READMORE

MARKETING

Report: What’s the Most Partisan Federal Agency?

Report: What’s the Most Partisan Federal Agency?

by RC Williams The Consumer Financial Protection Bureau (CFPB) has been deep in the crosshairs of various groups, including industry associations, members of Congress and most recently the incoming Donald J. Trump... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

A Radical New Solution to the U.K. Housing Crisis

A Radical New Solution to the U.K. Housing Crisis

by RC Williams  Supermarket giant Tesco, along with other chains, are exploring a bold new solution to the housing crisis… and offsetting their costs. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Judge Rules for Manufactured Home Owners In Christmas Court Case

Judge Rules for Manufactured Home Owners In Christmas Court Case

by RC Williams In a case that stretches back to July 2015, a Columbia County, Wisconsin circuit court judge ruled in favor of manufactured home owners in the Christmas Mountain Campground. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

After Land Deal, Tiny Manufactured Homes to the Rescue for the Homeless

After Land Deal, Tiny Manufactured Homes to the Rescue for the Homeless

by RC Williams Linda and David Brown are founders of The Gathering Tree, a nonprofit organization that operates an evening drop-in center for homeless people in Springfield, Missouri. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

American Dream, Dead or Reborn?

American Dream, Dead or Reborn?

by L. A. ‘Tony’ Kovach The “Trump Victory [is] a boost for affordable housing and consumers,” says M. Mark Weiss, CEO of the Manufactured Housing Association for Regulatory Reform in a new article,... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

MHARR Calls for Federal Moratorium On Critical Regulations

MHARR Calls for Federal Moratorium On Critical Regulations

by RC Williams The Manufactured Housing Association for Regulatory Reform (MHARR) has joined with President-elect Trump and leaders in Congress in calling for federal agencies to place a moratorium on pending... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“Trailer Haven” Protest

“Trailer Haven” Protest

by RC Williams In what community residents are calling an effort to push them out, the new ownership of the Trailer Haven RV and Mobile Home Park in San Leandro, California is... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Multi-Story Modular – The Answer to Rising Costs?

Multi-Story Modular – The Answer to Rising Costs?

by RC Williams For Trentham, New Zealand-based Matrix Homes, they believe the answer is yes. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

ROC Leaders Meet at Texas Conference

ROC Leaders Meet at Texas Conference

by RC Williams Esthela Garza, president of the Pasadena Trails resident-owned community (ROC), and new member Paula Maldonado, were featured on a panel discussing the basics of manufactured housing at the... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Cardboard Modular Homes?!

Cardboard Modular Homes?!

by RC Williams Fiction Factory, a Holland-based builder, has unveiled its new modular home, which is made of layered cardboard. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Investors Increase Stakes In Sun Communities

Investors Increase Stakes In Sun Communities

By RC Williams Sun Communities Inc. (NYSE:SUI) has seen a number of investors either increase or take new positions in the company recently. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Investor Sentiment Better than Expected for UMH Properties

Investor Sentiment Better than Expected for UMH Properties

by RC Williams Institutional investors appear to be pleased with UMH Properties Inc. (NYSE: UMH), with 44 managers opening or increasing stock positions. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Investors, Analysts Weigh in on Equity LifeStyle Properties

Investors, Analysts Weigh in on Equity LifeStyle Properties

by RC Williams Coming off of their most recent earnings report on October 18th, which included a 7.7 percent increase in revenue, Equity LifeStyle Properties, Inc. (NYSE:ELS) saw one investment firm... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Cavco Industries Reports Q2 Results

Cavco Industries Reports Q2 Results

by RC Williams Cavco Industries (NASDAQ: CVCO) reported financial results for Q2 2016 on November 8th. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Champion Homes Purchases Former Excel Homes Facility

Champion Homes Purchases Former Excel Homes Facility

by RC Williams Champion Homes has announced that it will purchase and reopen a recently vacated manufacturing facility formerly operated by Excel Homes in Susquehanna Township, Penn. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Sun Communities Announces Q3 Results

Sun Communities Announces Q3 Results

by RC Williams Sun Communities, Inc. (NYSE: SUI) reported its Q3 2016 results on November 1, 2016. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Clayton Homes Makes Key Acquisition

Clayton Homes Makes Key Acquisition

by RC Williams Clayton Homes, a subsidiary of Berkshire Hathaway, has acquired Lee’s Summit, Missouri-based Summit Custom Homes, according to the Kansas City Business Journal. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Revolution Precrafted Properties Debuts Three New Designs

Revolution Precrafted Properties Debuts Three New Designs

by RC Williams Revolution Precrafted Properties, a company that brings together over 30 of the world’s preeminent architects, artists and designers to create an exclusive series of prefab, livable spaces, has announced... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Extreme Makeover: “Mobile Home Edition”

Extreme Makeover: “Mobile Home Edition”

by Joe Dyton Manufactured housing professionals know the benefits of living in a manufactured home.  But tens of millions in the public have little or no clue. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Saginaw Valley | 179 Sites MHC | Saginaw, Michigan

Saginaw Valley | 179 Sites MHC | Saginaw, Michigan

by Christopher Nortley MHRE Inc. as the exclusive broker is please to present the opportunity to acquire Saginaw Valley MHC. located in Saginaw, MI. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

MHWC will attend the Louisville Manufactured Housing Show

MHWC will attend the Louisville Manufactured Housing Show

by Victoria Sontheimer MHWC will be attending the Louisville Manufactured Housing Show January 18-20, 2017 at the Kentucky Exposition Center in Louisville, KY. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Another Look at the Meaning of the Trump Victory for Manufactured Housing

Another Look at the Meaning of the Trump Victory for Manufactured Housing

by Paul Bradley Based on what’s been promised, my macroeconomic concerns are higher inflation, higher interest rates and higher deficits in the medium-term.  NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Be Surprised! Countdown to Louisville - Getting "The Total Package!"

Be Surprised! Countdown to Louisville - Getting

by Stan Posey Manufactured home retailers, developers and community professionals want to attract and sell as many qualified customers as possible. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Marketing Commandments, ADA Compliant Websites and Fair Housing

Marketing Commandments, ADA Compliant Websites and Fair Housing

by Nadeen Green, JD While I am often bossy, I am also not often heeded.  But because of the satisfaction of being able to say “I told you so” from time... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Having a Successful, Profitable 2017 - and Beyond - in Manufactured Housing…

Having a Successful, Profitable 2017 - and Beyond - in Manufactured Housing

by Soheyla Kovach Years before we first began publishing MHProNews.com and later MHLivingNews.com, Tony and I worked and lived in Manufactured Home (MH) Communities (MHCs) and did MH Retail management, marketing,... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Triad Financial Services Announces Record Loan Origination Volume

Triad Financial Services Announces Record Loan Origination Volume

by RC Williams Triad Financial Services, Inc. (Triad) today announced loan origination data for the first 9 months of 2016. A total of 5,684 loans have been funded by Triad for... NSP_READMORE

FINANCING

U.S. Homebuilder Confidence, November Report

U.S. Homebuilder Confidence, November Report

By RC Williams The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index was released on November 16th and remained unchanged at 63. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Warren Buffett Billions Richer, Check His Huge Gains After Trump Win

Warren Buffett Billions Richer, Check His Huge Gains After Trump Win

by RC Williams Even though the candidate that he backed lost the election, Warren Buffett has still made out in a major way. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

UFPI Q3 Results

UFPI Q3 Results

By RC Williams Universal Forest Products Inc. (NASDAQ:UFPI) has announced its Q3 2016 earnings results, including record revenues. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Clayton, Landy on Incoming Trump Administration Impact on Manufactured Hous…

Clayton, Landy on Incoming Trump Administration Impact on Manufactured Housing; Trump Video

by Matthew Silver “Dodd-Frank was never meant to and never should have been applied to manufactured homes in manufactured home communities,” says Sam Landy, CEO of UMH Properties. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Economic Development - Break for Prefab Builder

Economic Development - Break for Prefab Builder

by Matthew Silver The Kentucky Economic Development Finance Authority (KEDFA) has awarded tax incentives to two businesses, including $20,000 for a $1.2 million operation that would utilize prefab to provide homes... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Patch and MH Industry Post-Election Voices

The Patch and MH Industry Post-Election Voices

By Matthew Silver The Patch is a national network of news outlets, which includes the state of Florida. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Dodd-Frank, CFPB Deep in Trump Administration Cross Hairs

Dodd-Frank, CFPB Deep in Trump Administration Cross Hairs

by RC Williams The goal of the incoming Trump administration with regard to Dodd-Frank has been made clear. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Freddie Mac Forms Partnership, Rolls Out MH Education Curriculum

Freddie Mac Forms Partnership, Rolls Out MH Education Curriculum

by RC Williams Government lender Freddie Mac has formed a partnership with Next Step Network, Inc., a Louisville, Kentucky-based non-profit housing intermediary, to roll out consumer education curriculum for manufactured home... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Trump/Congress Call on Federal Agencies to Defer Action on all Pending Regu…

Trump/Congress Call on Federal Agencies to Defer Action on all Pending Regulations

by RC Williams The Manufactured Housing Association for Regulatory Reform (MHARR) has made a major announcement regarding a request from President-elect Donald Trump and Congress. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Sam Zell on Trump Election Impact

Sam Zell on Trump Election Impact

by RC Williams Investor and real estate billionaire Sam Zell was on CNBC’s Squawk Box yesterday to discuss the impact of Donald Trump’s election. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

British Giant Eyes Cavco Industries Holdings

British Giant Eyes Cavco Industries Holdings

by RC Williams Legal & General Group PLC, which has made significant moves recently in the manufactured and modular housing segments, held its stake in Cavco Industries Inc. (NASDAQ:CVCO)during the second quarter... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Warren Buffett On Trump’s Election – Video

Warren Buffett On Trump’s Election – Video

by RC Williams Even though he supported Hillary Clinton in this years’ presidential election, Berkshire Hathaway CEO Warren Buffett says that the nation needs to unite. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

CBS and Full Measure Trump Videos, Transition Advances, Protests and Democr…

CBS and Full Measure Trump Videos, Transition Advances, Protests and Democratic Snafus

By L. A. ‘Tony’ Kovach Leftist billionaire and Secretary Hillary Clinton campaign supporter, George Soros has been reportedly funding anti-President-elect Donald Trump protests, reports Politico. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Money Missing from MH Cooperative, President Arrested

Money Missing from MH Cooperative, President Arrested

by RC Williams State officials continue to investigate what happened at a Richmond, Rhode Island manufactured home cooperative. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Drew Industries to Announce Q3 Earnings; Analysts, Big Banks Bullish

Drew Industries to Announce Q3 Earnings; Analysts, Big Banks Bullish

by RC Williams Drew Industries Inc. (NYSE:DW) is scheduled to release its Q3 2016 earnings data this morning at 8:30 a.m. ET. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Champion Homes Opens Manufactured Home Plant in Kentucky

Champion Homes Opens Manufactured Home Plant in Kentucky

by RC Williams Troy, Michigan-based Champion Homes has opened a 100,000-square-foot facility in Benton, Ky. The facility represents a $6.3 million investment for Champion and is expected to create 150 new... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Learn More About 2017 Tunica Manufactured Housing Show

Learn More About 2017 Tunica Manufactured Housing Show

 by Show Tunica A River Cuts Through a Rock Not Because Of Its Power, But Its Persistence… THE TUNICA SHOW has been in existence for over 19 years. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

2017 Louisville Show – Be Ready for Special Opportunities!

2017 Louisville Show – Be Ready for Special Opportunities!

by Dennis Hill Being ready and fully prepared is one of the critical things you can do to get the “jump” on your competition! Luckily, there’s one unique and easy-to-participate forum... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Jim Visser, Journal of Manufactured Housing say “Thank You!” and Good-bye

Jim Visser, Journal of Manufactured Housing say “Thank You!” and Good-bye

by by L. A. “Tony” Kovach  The phone at MHProNewsrang this morning, and after a brief bit of phone tag, Jim Visser, publisher of the Journal of Manufactured Housingand this writer were on... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Thirty Minutes and Success and Happiness are Yours in 2017

Thirty Minutes and Success and Happiness are Yours in 2017

by Tim Connor, CSP 30 minutes to success and happiness in 2017? Don't believe me - read on. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

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MHWC will attend the Louisville Manufact…

MHWC will attend the Louisville Manufactured Housing Show

MHWC will be attending the Louisville Manufactured Housing Show January 18-20, 2017 at the Kentucky Exposition Center in Louisville, KY. For 5 decades, The Louisville Show has proudly distinguished itself as the mid-west’s premier event for manufactured housing professionals. This show is the industry’s largest indoor manufactured housing show, boasting the latest homes, products & services. The show provides attendees the opportunity to learn about the manufactured home industry from experts in a wide range of fields. Whether you are a community owner or operator, retailer, builder/developer, supplier, or other industry professional, this is the place to be to get the inside track on upcoming trends, brand new products and to network with industry professionals. Tifanee McCall, Account Executive from MHWC, will be on hand in booth #216 to educate attendees on the value...

the MHMSM Team 01 Dec 2016 Corporate Press Releases

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Call for Offers Due 12-2-2016 | Sahasa M…

Call for Offers Due 12-2-2016 | Sahasa MHC Portfolio | 859 Sites | Saginaw, Michigan

  Portfolio Overview MHRE Inc., as the exclusive broker, is pleased to present the Sahasa MHC Portfolio, consisting of two communities, located in Saginaw, Michigan. Lawndale Estates, built in 1973, is a 5 star community and consists of 672 sites which includes 60 leased homes, 26 installment contracts, and 40 inventory homes. The current economic occupancy is 89%. Lakeview Estates, built in 2004, is a premier 5 star, gated, 55+ community and consists of 187 sites (97 sites are new construction sites). Lakeview homes are of the highest quality with exceptional designs, attached car ports, and professionally landscaped yards. 100% of the homes are resident owned. The current economic occupancy is 100% (excludes 97 new construction sites). Residents of Lawndale and Lakeview enjoy a peaceful, rural atmosphere of country living, yet every possible...

the MHMSM Team 30 Nov 2016 Corporate Press Releases

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Will you be ready to take full advantage…

Will you be ready to take full advantage of special market opportunities when they come your way?

Being ready and fully prepared is one of the critical things you can do to get the “jump” on your competition! Luckily, there’s one unique and easy-to-participate forum where you can gather all your opportunities and combine them with timely insights to create the ultimately successful business strategies for your company. The Louisville Manufactured Housing Show is now recognized as the industry’s PREMIER INDOOR MANUFACTURED HOUSING SHOW in the world! In existence for over 50 years, this annual show brings out an array of new home designs, the latest in technology, the best in suppliers’ offerings and a look at all the newest amenities and system-built options the industry offers. There is no other industry forum where you can pull together such a wealth of information in one place to build...

the MHMSM Team 30 Nov 2016 Corporate Press Releases

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Triad Financial Services, Inc. announces…

Triad Financial Services, Inc. announces record loan origination volume for first 9 months of 2016

Triad Financial Services, Inc. (Triad) today announced loan origination data for the first 9 months of 2016. A total of 5,684 loans have been funded by Triad for the 9 months ending 9/30/16, a 35% increase over the same period in 2015. Commenting on the news, Don Glisson, Jr., CEO had the following comments: “I am very proud of the entire team at Triad, as growing 35% in one year is no easy task but our team answered the challenge and exceeded expectations. Our growth has outperformed the industry the past several years and we believe our superior products and best in class customer service will be the reasons we continue this trend. All indications point to a strong finish to the year as we funded over 700 loans in October...

the MHMSM Team 15 Nov 2016 Corporate Press Releases

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Call for Offers Due 12-2-2016 | Sahasa M…

Call for Offers Due 12-2-2016 | Sahasa MHC Portfolio | 859 Sites | Saginaw, Michigan

Portfolio Highlights The opportunity to acquire two 5 star communities Both communities have municipal sewer and water that is submetered Lakeview is 55+, while Lawndale is comprised of 80% seniors Located just minutes from big box retail Convenient access to I-75, I-475, I-69 and Highway 46 Upside in filling the vacant inventory homes & sites  Portfolio Summary Total Sites:                               859 Total Land (+/- acres):              370.53 Year Built:                                1973 & 2004 Occupancy:                              91%* Average Site Rent:                   $323** MHRE 2017 NOI:                     $1,817,407 * Occupancy excludes 97 new construction...

the MHMSM Team 15 Nov 2016 Corporate Press Releases

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Pacific Northwest JLT Market Reports Now…

Pacific Northwest JLT Market Reports Now Available

2016 JLT Market Reports Now Available for Pacific Northwest Markets and Minneapolis/St. Paul atacomp, publisher of JLT Market Reports, is pleased to announce that our comprehensive manufactured home community rent and occupancy reports are now available for major markets in the Midwest: OREGONEugeneMedfordPortlandSalem WASHINGTONSeattleGreater Spokane (NEW) MINNESOTAMinneapolis/St. Paul These November 2016 reports include detailed information about investment grade communities including: # of Homesites Occupancy % Rents and Increases including Next Increase Amenties Vacant Sites Repossessed and Inventory Homes and More! Plus… valuable Management Insights ranked by the Number of Homesites, Occupancy and Highest to Lowest Rents. To show trends in each market, we also include a report that compares November 2016 occupancy and rents to November 2015. Use these reports to learn more about these markets, earn greater profits, identify potential acquisitions and stay competitive.  Ordering Is Easy! Call us TOLL FREE at 800-588-5426, email reports@datacompusa.com or visit our secure website at www.datacompusa.com/JLT to download reports immediately.

the MHMSM Team 08 Nov 2016 Corporate Press Releases

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