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Daily Business News Briefs

Carlyle Posts Q4 2015 Financials, as it Invests in Northern Calif. MHC

Carlyle Posts Q4 2015 Financials, as it Invests in Northern Calif. MHC

The board of directors of The Carlyle Group announced financial results for Q4 2015 as cnn.money tells MHProNews regarding this global asset management firm with $183 billion under asset management. With total assets on the balance sheet for Carlyle of $32 billion as of 12-31 2015, by U. S. GAAP (Generally Accepted Accounting Principles) numbers,...

11 Feb 2016

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SSK Acquires Hickory Hills MHC in Kentucky

SSK Acquires Hickory Hills MHC in Kentucky

MHProNews has learned from bizjournals that Erlanger, Kentucky-based SSK Communities has acquired Hickory Hills manufactured home community in Florence, Kentucky, marking SSK’s third acquisition this year. The community is adjacent to SSK’s Mosby Pointe, and residents of Hickory Hills will have access to amenities at Mosby, including...

10 Feb 2016

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Patrick Advances +2.70%, as Most Stocks are Quiet

Patrick Advances +2.70%, as Most Stocks are Quiet

In the news from CNNMoney: China is on a massive gold buying spree. Airline flights getting cheaper. Fed Chair Yellen expresses caution about economy, not sure of another rate hike. Yelp is struggling. Twitter is losing customers as stock falls. Whole Foods may be over its downward spiral. Happy Birthday song now in the public […]...

10 Feb 2016

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William Sheffer takes Helm of Michigan Association

William Sheffer takes Helm of Michigan Association

MHProNews has learned from einnews that William Sheffer will assume the helm of the Michigan Manufactured Housing, Recreation Vehicle and Campground Association (MMHRVCA) in the wake of the retirement of 38-year Executive Director veteran Tim DeWitt. Sheffer has been director of the MMHRVCA since 1995, and will assume the new post July 1, 2016....

10 Feb 2016

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CFPB Corrects Typo in the TILA-RESPA Rule

CFPB Corrects Typo in the TILA-RESPA Rule

The Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosures rule, or TRID, that went into effect in Oct. has a slight typographical error in the supplementary information, as housingwire tells MHProNews. The section in question deals with the application of tolerances to property insurance premiums and taxes, h...

10 Feb 2016

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Homeless Residents Occupying Modular Container Homes in Honolulu

Homeless Residents Occupying Modular Container Homes in Honolulu

Following a story MHProNews last reported Oct. 19, 2015 regarding housing the homeless in converted modular shipping containers in Honolulu, Hawaii, the last of the 25 units has arrived at Hale Mauliola on a patch of Sand Island. Each home has a programmable combination lock, screen doors and windows, and insulation. Families pay rent of […]...

10 Feb 2016

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Producer of High Tech Manufactured Homes Obtains Loan to Buy Facility

Producer of High Tech Manufactured Homes Obtains Loan to Buy Facility

The Vermont Economic Development Authority (VEDA) has approved $14.4 million in loan and bond financing for a variety of projects throughout Vermont, according to what MHProNews has been informed by vermontbiz. Funding of $300,000 was approved to assist Vermod High Performance Manufactured Housing, LLC, a producer of energy-efficient modular homes...

09 Feb 2016

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Trump Thumps Rs, Hill feels the Bern in NH Primary

Trump Thumps Rs, Hill feels the Bern in NH Primary

Among the issues important to manufactured housing industry, the Democrats do not want changes to Dodd Frank, which harms MH owners and industry pros, while the Republicans are more open to changes to Dodd-Frank and the Consumer Financial Protection Bureau (CFPB). According to the New Hampshire exit polls, a full 66 percent of Republican voters...

09 Feb 2016

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Labor and Lot Shortage could Hinder Housing Market Recovery

Labor and Lot Shortage could Hinder Housing Market Recovery

The monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reveals the cost and availability of labor remains the biggest hurdle for builders, and is expected to continue as a problem throughout this year. During the Great Recession tradespeople left the industry by the thousands because jobs were not...

09 Feb 2016

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Patrick Falls over Nine Percent as Oil Drops below $28/bbl

Patrick Falls over Nine Percent as Oil Drops below $28/bbl

In the news from CNNMoney: U. S. has near record 5.6 million jobs open. Sears is closing 50 stores. Only seven stocks in the NASDAQ 100 are up this year. World’s second largest diamond, 1,111 carat stone found in Botswana, now named Lesedi La Rona, “Our Light” in Setswana, the country’s national language. Oil lands […]...

09 Feb 2016

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Manufactured Home Community Planned in Alberta, Canada

Manufactured Home Community Planned in Alberta, Canada

In order to offer its citizens a more affordable housing option, the town of Penhold in Alberta, Canada is proposing a 200+ site manufactured home community, as innisfailprovince.ca tells MHProNews. Kristina Schmidt, Penhold’s planning and development officer, recommends amending the Land Use Bylaw zoning to allow for increased density on...

09 Feb 2016

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Featured Articles and Reports - February 2016 Vol. 7 No. 5

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You Have A Bad Review!

You Have A Bad Review!

by Wayne Coakley “Just go elsewhere! These people are horrible to deal with. NSP_READMORE

MARKETING

Fair Housing Hunt!

Fair Housing Hunt!

by Nadeen Green, JD What is an author to do when she has monthly written articles about Fair Housing issues for L. A. “Tony” Kovach on MHProNews for more than 6... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

MHPark Safety Inspections and Pride of Ownership

MHPark Safety Inspections and Pride of Ownership

by Kurt Kelley, JD and Frank Rolfe Safety inspections are a valuable part of our specialty manufactured home community (aka mobile home park) insurance programs. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Louisville Hits a Home Run

Louisville Hits a Home Run

by Tifanee McCall WOW! What an ending to the 2016 Louisville Show. I have only participated in this show for 15 years, so I might be considered a newbie, but this... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Community (aka 'mobile home parks) Buying, Selling, Inves…

Manufactured Home Community (aka 'mobile home parks) Buying, Selling, Investing - Chris Nortley, MHRE video interview 

by L. A. 'Tony' Kovach The manufactured home community sector is hot, some say, red hot! What some call “mobile home parks” is in demand, because affordable quality living is in... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

HUD Action Would Directly Benefit Manufactured Housing Competitors

HUD Action Would Directly Benefit Manufactured Housing Competitors

by M. Mark Weiss, JD An Outrageous HUD Rule Would Destroy Significant New Markets For Affordable Manufactured Housing. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Kristian “Kris” Jensen III

A Cup of Coffee with…Kristian “Kris” Jensen III

1) Who, What and Where: (Your name and your formal title at Jensen Communities). Kristian “Kris” Jensen III, President, CEO & Chairman, Jensen Communities. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

THIS IS WHY - The Tunica Manufactured Housing Show - WILL always be there…

THIS IS WHY - The Tunica Manufactured Housing Show - WILL always be there…

by Dennis Hill Because… The Tradition Is Solid and Dependable NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Sights and Sounds – Videos - from the 2016 Louisville Manufactured Housing …

Sights and Sounds – Videos - from the 2016 Louisville Manufactured Housing Show

by L. A. 'Tony' Kovach The 2016 Louisville Show is in the history books. Snow and the cancellation of the final ½ day (Friday) were contributing factors that slowed the previous... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Trade Journalism meets Mainstream Journalism – How the MHIndustry Benefits

Trade Journalism meets Mainstream Journalism – How the MHIndustry Benefits

by L. A. 'Tony' Kovach For years, part of our mantra has been that good independent trade journalism can be part of the solution for what ails manufactured housing in the... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Rachel Young Joins Western Region CU Factory Built Lending Team

Rachel Young Joins Western Region CU Factory Built Lending Team

by John Walters CU Factory Built Lending Western Region Sales and Marketing team has a new member, Rachel Young. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Don Glisson Jr & Darrell Boyd, Triad Financial Services – Manufactured Home…

Don Glisson Jr & Darrell Boyd, Triad Financial Services – Manufactured Home Loans – Inside MH Video Interviews

by L. A. 'Tony' Kovach Triad Financial Services closed some $400 million in new manufactured home (MH) loans in 2015. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…John Bostick

A Cup of Coffee with…John Bostick

1)Who, What and Where: (Your name and your formal title at Sunshine Homes and where your company is based). John Bostick, President, Sunshine Homes, Red Bay, Al. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Terrific Tunica Manufactured Housing Show, March 22-25, 2016

The Terrific Tunica Manufactured Housing Show, March 22-25, 2016

by Andy Gallagher TUNICA, Miss. – Seventeen manufacturers and 62 services and supplier exhibitors are signed up to present at The Tunica Manufactured Housing Show March 22-25, 2016 at Tunica, Mississippi,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Tantalize Your Taste-buds with the Video Tunica Manufactured Housing Show, …

Tantalize Your Taste-buds with the Video Tunica Manufactured Housing Show, March 22nd-25, 2016!

by L. A. 'Tony' Kovach There are plenty of details in Andy Gallagher's and Dennis Hill's pre-show write up this month, so let me share a VISUAL perspective – a fast-paced... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Success isn't an independent journey

Success isn't an independent journey

by Tim Connor, CSP Let me be clear as I approach this topic - yes, it takes - effort, passion, courage, wisdom, time, creativity, discipline and self-esteem and more to be... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

ZigOn The Succession of a Philosophy

ZigOn The Succession of a Philosophy

by Zig Ziglar On a trip to India, I had the opportunity to address corporate executives on the truths I have been sharing for more than 50 years. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Upcoming Events

Tunica2016ManufacturedHousingShow-Ani-newgif-500x200

MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

Sunshine Home's 2016 Business Building P…

Sunshine Home's 2016 Business Building Program for Independent Retailers and Communities

At the end of the day, manufactured home retailers, MH Communities and HUD or modular code manufacturers have something important in common. Each wants to attract more qualified buyers and sell more homes. We should all want to have happy buyers, which results in referrals that leads us all to more sales and still more happy factory-built home owners. The multi-million dollar question is, how do you achieve that result?  An important part of the answer is good marketing and sales.  For 2016, Sunshine Homes is going to provide a complimentary service to its independent retailers and communities (aka, 'mobile home parks').  We've created a strategic alliance with L. A. 'Tony' Kovach, widely known as the industry's leading MHLivingNews.com and MHProNews.com publisher.  Tony's other hat is marketing and sales consulting and related business development services.  Here are examples of...

the MHMSM Team 04 Feb 2016 Corporate Press Releases

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MHWC Will Attend the Tunica Manufactured…

MHWC Will Attend the Tunica Manufactured Housing Show, March 23-25, 2016

MHWC, the national leader in new HUD-Code home manufactured warranties, will be exhibiting at the Tunica Manufactured Housing Show, March 23-25, 2016. Held at the Resorts/Hollywood Casino in Tunica, Mississippi, this housing show is an excellent opportunity to showcase products and services and network with those in the industry. The show regularly features over 80 HUD-Code homes and draws almost 2,000 retailers, builder/developers, community owners and installers. MHWC is affiliated with Residential Warranty Company, LLC and offers both builder/dealer HUD-Code warranties as well as manufacturer HUD-code warranties. Affordable competitive rates, FREE marketing materials and the opportunity to join an exclusive incentive program are just some of the benefits you’ll receive from MHWC & Affiliates. MHWC Account Executive, Tifanee McCall, will be available in booth #3 to field questions from interested HUD-Code manufactured home builders and manufacturers. The...

the MHMSM Team 04 Feb 2016 Corporate Press Releases

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New Michigan MHP Opportunity!

New Michigan MHP Opportunity!

Property Overview MHRE Inc. is pleased to present Pleasant Valley MHP located in Clare, Michigan. Built in 1957, the investment opportunity consists of a 57 site mobile home park, developed on 4.5 acres. Pleasant Valley has all site rent residents with no home rentals. There are currently 18 vacant sites providing a substantial value add by filling the vacant sites with home rentals or home sales. The investment currently has in place leveraged cash on cash return of 25.53%, with a 42.10% 7 year IRR. Enon Winkler 407-616-0250 enon@mhreinc.com Ryan Opatich 586-884-8417 ryan@mhreinc.com www.mhreinc.com

the MHMSM Team 31 Jan 2016 Corporate Press Releases

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Rachel Young Joins Western Region CU Fac…

Rachel Young Joins Western Region CU Factory Built Lending Team

CU Factory Built Lending Western Region Sales and Marketing team has a new member, Rachel Young. She assumed the role of Marketing and Sales Support Manager Oct. 30. Anthony Silcox, who previously held the role, is now the Business Development Executive for the Southern Territory of the region. Rachel has recently completed her on boarding and initial training and has already begun to contribute to the team. Rachel comes to CUFBL from Cascade Regional Blood Services, a nonprofit that serves hospitals in the Puget Sound area, where she worked at the marketing and communications supervisor. She has a decade of marketing and communication experience, mostly in nonprofit and government organizations. She also has experience as a licensed real estate agent in her hometown of Portland, Ore. She holds an MBA and...

the MHMSM Team 29 Jan 2016 Corporate Press Releases

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Tunica Manufactured Housing Show March 2…

Tunica Manufactured Housing Show March 23-March 25, 2016

The Tradition . . . During its long history the “Tunica Show” has grown to include virtually every supplier and manufacturer who has wanted to capture the southeast market. As home designs changed, as they became more complex and more beautiful, as they incorporated state-of-the-art features that appealed to every segment of consumers, our exhibitors recognized that the showcase represented by The Tunica Show was valuable as a marketing medium. Exhibiting at Tunica offers you one of the best ways to get in front of your customers and prospects in a relatively short amount of time. Tunica gives you the opportunity to not only show your homes, products, or services, but also creates that all important first impression. The Tunica Show is worth the effort! The Marketplace . . . In 2015 The Tunica...

the MHMSM Team 25 Jan 2016 Corporate Press Releases

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Buying or Selling a Manufactured Home Co…

Buying or Selling a Manufactured Home Community in 2016?

See us at the Louisville Show, in booth #314.

the MHMSM Team 15 Jan 2016 Corporate Press Releases

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