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Action Needed -- Urge Representatives to Co-Sponsor the

Preserving Access to Manufactured Housing Finance Act (H.R. 3849)

This morning an MHI Action Alert was emailed to members urging each one to contact their U.S. Representatives and urge them to co-sponsor H.R. 3849 (Preserving Access to Manufactured Housing Act).

BACKGROUND:

On January 31st, Reps. Stephen Fincher (R-TN), Joe Donnelly (D-IN) and Gary Miller (R-CA) introduced the Preserving Access to Manufactured Housing Act (H.R. 3849) to reduce regulatory burdens that impede access to affordable manufactured housing financing. The bipartisan bill addresses two significant issues impacting consumers’ ability to obtain mortgage financing for manufactured homes:

Reducing the threshold by which small balance manufactured home personal property loans are considered High-Cost Mortgage Loans under provisions within the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203) which will thereby reduce the number of loans subject to punitive and onerous liabilities.

Clarifying that those selling manufactured homes—who are not fundamentally engaged in the business of originating mortgage loans—are not to be defined as mortgage originators under the federal SAFE Act which will thereby ensure they are better able to provide adequate technical assistance to consumers throughout the manufactured home buying process (similar to the SAFE Act treatment of real estate brokers).

The bill would amend these laws to minimize growing disincentives to serving the financing needs of low- and moderate-income manufactured home buyers. Often, it is these very consumers that are in greatest need of access to both affordable housing financing and technical assistance in the manufactured home buying process. Without revision, there would remain the very real unintended consequence of eliminating access to sustainable manufactured housing for millions of families. For more information, click here to view MHI’s issue brief.

ACTION NEEDED:

MHI is working to add as many co-sponsors to the bill as quickly as possible. The Consumer Financial Protection Bureau (CFPB) must have regulations for housing finance in final form by January 2013. This is also the same time the CFPB expects to begin fully monitoring and enforcing state SAFE Act laws.

The more co-sponsors to the bill, the stronger argument MHI can make to leaders of the House Financial Services Committee to move the bill quickly. In addition, the greater the level of bipartisan support the less controversial the measure will be perceived, which will allow for swifter action.

Assistance is needed from the entire manufactured housing industry to contact Members of Congress, and specifically request the following actions:

Contact your U.S. Representatives and urge them to co-sponsor H.R. 3849 (Preserving Access to Manufactured Housing Act). To co-sponsor, a company representative should contact Jim Hall in Rep. Stephen Fincher’s office at 202.225.4714 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it or Alissa Stamm in the office of Rep. Joe Donnelly at 202.225.3915 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

For more information, click here to view MHI’s issue brief, which includes a sample letter, talking points and background information. To find your U.S. Representative using your zip code, visit www.house.gov/. Please relay any commitments you receive from Representatives to co-sponsor HR 3849 to MHI staff. MHI can then follow up on these commitments in Washington, DC.

If you have Representatives that serve on the House Financial Services Committee (http://financialservices.house.gov/About/Members.htm), please reach out to them and urge them to co-sponsor HR 3849. If you have a close connection or relationship with congressional staff or a Member of Congress, direct communication (phone or email) is the most effective means of communication.

If you are a manufactured home community owner, retailer, lender, etc., please consider urging your customers/residents to send their own letters requesting their U.S. Representative co-sponsor H.R. 3849. MHI staff can assist in drafting a personalized letter and alert to your customer base.

Manufactured Housing Scores with Media Coverage

Two recent media “hits” have given manufactured housing some much-deserved visibility. On Friday, March 16th, USA TODAY ran a letter to the editor from MHI responding to a particularly negative article attacking “mobile home safety” as a result of powerful tornadoes that struck Kentucky and Indiana earlier in the month. MHI President & CEO Dick Jennison took the opportunity to stress that tornadoes do not discriminate as to which form of housing they destroy and that the article gave people a false sense of security about tornadoes’ destructive force. Jennison also stressed that no form of housing provides an absolute guarantee of safety during a tornado and what every family needs to know is that the only safe place to be during a tornado is in a proper shelter, preferably below ground. A copy of USA TODAY’s letter is available by clicking here.

The second media coverage was a very positive article in the March 20th issue of The Wall Street Journal entitled “Manufactured Housing Under Renovation” which pointed out the tremendous strides being made by the manufactured housing industry, both in terms of the quality of the homes and the growing appeal of our homes to more and more Americans looking for housing value. The article, written by Dawn Wotapka and A.D. Pruitt, provides a realistic and positive portrayal of our homes, our buyers and our industry’s future. Click here to view the article. Take this article to your local newspaper and encourage them to follow up on the storyline of how manufactured homes are meeting the need for quality housing in your area that people can afford.

MHI and Skyline Corporation Hosts Plant Tour for Housing Economists and Analysts with the U.S. Commerce Department and HUD

Representatives from the U.S. Department of Commerce and Housing and Urban Development were the guests of Skyline Corporation for a tour of a manufacturing facility and home display center in Pennsylvania this week.

During the hour long walk through Skyline's 170,000 square foot facility, the group observed several lines of manufactured homes and recreational park trailers in various stages of production. Although none were in production at the time, the facility also produces modular homes.

The group heard from Skyline’s Division General Manager, Mike Scheid and Division Sales Manager, Bryan Lehman about the production process, the history of Skyline, and several of Skyline’s production and sales initiatives that have enabled the company to stay competitive and meet the growing consumer demand for quality, value, and innovation. Mary Gaiski, Executive Director of the Pennsylvania Manufactured Housing Association, and MHI staff were on hand to answer questions and address several federal, state and local regulatory challenges facing the industry.

The tour was extremely helpful for staff at the Commerce Department’s Bureau of the Census who manage and produce several surveys, reports and data specifically about the manufactured housing industry. Links to these resources are below. The Census Bureau will be exhibiting at the Congress & Expo in Las Vegas for those who wish to learn more about the tools and resources it offers.

U.S. Census Bureau Manufactured Homes Survey

U.S. Census Bureau American Housing Survey

U.S. Census Bureau Residential Housing Survey

MHI/NCC Seeking Reform of EPA’s LRRP Rule

Senator Jim Inhofe (R-OK), Ranking Member of the Senate Committee on Environment & Public Works, has introduced the Lead Exposure Reduction Amendments Act of 2012 (S. 2148) making practical reforms to the EPA’s Lead Renovation, Repair and Painting (LRRP) rule. EPA’s final LRRP rule, which took effect on April 22, 2010, requires remodeling and renovation firms that perform work on pre-1978 housing and child-occupied facilities to be EPA certified and follow rigorous, costly work practices supervised by an EPA-certified renovator when painted surfaces will be disturbed. On July 6, 2010, EPA removed the "Opt-Out” provision from the rule which allowed homeowners without children under six or pregnant women residing in the home to allow their contractor to forego the use of lead-safe work practices. By removing the opt-out provision, EPA more than doubled the number of homes subject to the LRRP Rule to 78 million. EPA has also begun the process of extending the LRRP Rule to commercial and public buildings through an advance notice of proposed rulemaking.

There are several compliance issues associated with the EPA lead-based paint rule, the most problematic being EPA’s failure to recognize an accurate lead test kit. There is no current test kit available that meets EPA’s own requirements. Compliance with the EPA’s LRRP rule would be particularly impactful for a manufactured housing community owner of an older community (pre 1978) who is seeking to renovate buildings within the community.

MHI/NCC has joined with other associations representing builders, contractors, remodelers, manufacturers, retailers, building owners, and real estate professionals in seeking reform of the EPA’s LRRP rule to make compliance requirements more reasonable and less burdensome. The coalition strongly supports the “Lead Exposure Reduction Amendments Act of 2012” (S. 2148). S. 2148 would make the following changes to the LRRP rule:

• Restore the “Opt-Out” provision;

• Suspend the LRRP if EPA cannot approve one or more test kits that meet the regulation’s requirements;

• Prohibit EPA from expanding the LRRP to commercial and public buildings until EPA conducts a study demonstrating the need for such an action;

• Provide a de minimis exemption for first-time paperwork non-compliance by certified contractors; and

• Provide an exemption for renovations after a natural disaster.

MHI/NCC will continue to monitor this issue and work closely with its coalition partners in building support for S. 2148.

ADA Pool Standards

On Thursday, March 15th the Department of Justice issued an extension of the date for compliance with the 2010 Americans with Disabilities Act (ADA) Standards for Accessible Design as it relates to the provision of accessible entry and exit to existing swimming pools, wading pools, and spas. The new effective date is May 21, 2012. On the same day, the Justice Department released a Notice of Proposed Rulemaking (NPRM) seeking public comment on whether a 180-day extension of the deadline (until September 17, 2012) would be more appropriate to allow pool owners and operators to meet their compliance obligations.

In general, and for purposes of compliance, the definition of “public accommodations” would apply to buildings and/or facilities that are open to the public and affect commerce. As such, swimming pools in manufactured housing communities that are for the exclusive use of the residents do not generally fit the category of “public accommodations.” If, however, a manufactured housing community pool is open to the public (non-residents), then compliance with the new ADA pool accessibility guidelines would be necessary.

Comments on the NPRM will be accepted for 15 days after publication in the Federal Register or April 4, 2012.

• Notice of 60 day extension & Notice of Proposed Rulemaking from ADA Web site - www.ada.gov/regs2010/ADAregs2010.htm

• Submit comments to DOJ electronically by April 4, 2012 - www.regulations.gov/#!documentDetail;D=DOJ-CRT-2012-0006-0001

• Guidance on revised ADA requirements: Accessible Pools from ADA

Web site - www.ada.gov/pools_2010.htm

A new technical assistance document, “Accessible Pools -- Means of Entry and Exit,” has been added to the ADA’s website and is now available to the public. People interested in finding out more about the ADA can access the ADA website at www.ADA.gov or call the toll-free ADA Information Line at 800-514-0301 or 800-514-0383 (TTY).


Daily Business News Briefs

Sunday Morning Weekly Recap – Manufactured Housing Industry News – Septembe…

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

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...

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Manufactured/Modular Home Retailer Grabs Positive Local Media Coverage

Manufactured/Modular Home Retailer Grabs Positive Local Media Coverage

Ventura, California based Anacapa Homes received positive local media coverage by announcing that they are the new area representative for Skyline Homes. The company touted how the addition of Skyline Homes adds to a mix that also includes California and Arizona based producer Redman Homes. Anacapa Homes is owned and operated by Katherine and...

24 Sep 2016

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Property Rights vs. Resident Rights – FoxNews Video, Manufactured Home Indu…

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

“No one should be forced to carry on a business that they want to close,” said Pacific Legal Foundation Attorney Larry Salzman. “The city is treating the Jissers as an ATM to solve a problem they didn’t cause — the lack of affordable housing in Palo Alto. That’s not just wrong, it’s unconstitutional,” a Daily Business News […]...

23 Sep 2016

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Deer Valley Home Builders, Skyline Homes lead – all markets drop, Multi-Mil…

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

Noteworthy headlines on CNNMoney: Sin City’s multi-million dollar mail fraudster. You could have a Yahoo! account without knowing it. Wells Fargo CEO could walk away with $200 million. Samsung users say replacement devices overheating. Some bullets from MarketWatch – Yahoo hack fallout continues. How bank employees pose a risk to your money. Apple...

23 Sep 2016

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Bloomberg – Manufactured Home Industry is the Solution to the Affordable Ho…

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

An article in Bloomberg makes the case that manufactured homes – what they refered to as mobile homes (sic), are an obvious solution to the affordable housing crisis. It starts with a simple question: “Why Aren’t We Building More Mobile Homes?” While their terminology isn’t exactly accurate – and they admit that mobile homes aren’t very...

23 Sep 2016

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Election Coverage – 45 Days To Go – The Biggest Debate In History Looms Lar…

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

Between now and Election Day, Nov 8th, MHProNews will continue to bring busy professionals periodic ‘headline news items’ from various third party media sources, featuring issues at-a-glance in the coverage of the race for the Oval Office from other news sources. These will focus on subjects that may influence voters, and thus the outcome of [&#...

23 Sep 2016

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

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

The Oregonian and KATU News were among the area media covering the controversy surrounding Cal-Am Properties Heritage Village manufactured home community in Beaverton, OR. Congresswoman Suzanne Bonamici (D-OR1) sounded off on the matter.  Some of the media there did not promptly report that Cal-Am President Cory Sukert responded to Bonamici’s let...

23 Sep 2016

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Mud 3D Homes? The BigDelta, One Year Later

Mud 3D Homes? The BigDelta, One Year Later

3D printing of homes is an area getting global attention, as regular readers of the Daily Business News know. A recent 3D home report is linked here. Specifically, we covered the rollout of the BigDelta 3D printer one year ago, today. So, what’s happened? According to Futurism the world’s largest 3D printer, BigDelta, is close […]...

22 Sep 2016

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

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

Noteworthy headlines on CNNMoney: Massive crackdown on global mail fraud empire. Warren wants Wells Fargo firings investigated. Tesla files suit to open store in Michigan. Some bullets from MarketWatch – Yahoo hacked, 500M users information exposed. U.S. existing home sales stumble in August. Nasdaq hits record high. Gold up 3 quarters of a p...

22 Sep 2016

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

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

Universal Forest Products, Inc. (UFPI) was recently listed as one of four homebuilder stocks to buy, according to Zacks Equity Research. This month, the National Association of Home Builders and Wells Fargo said the builder sentiment increased to 65 from a reported 59 in August. September’s 65 sentiment rating is at its highest since last […]...

22 Sep 2016

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Clinton – ‘Why aren’t I 50 points ahead?’ Clinton gains in LA Times Poll, b…

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

Continuing our periodic series of headline news from around the web and various left-right-center news sources, leading up to the November 8, 2016 vote for the next president of the United States. Save time here: grab your campaign news at a glance, pick the topics you want to know more about. Wash Post, Clinton: ‘Why […]...

22 Sep 2016

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New Sponsors

Featured Articles and Reports - September 2016 Vol. 7 No. 12

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Building A Good Reputation Is Hard!

Building A Good Reputation Is Hard!

by Wayne Coakley Well, maybe not so hard. Surprisingly, building a good reputation is pretty easy if you built your business around trust from the get-go. NSP_READMORE

MARKETING

AMHA Announces 3 New Videos Designed to Promote Manufactured Housing, Disp…

AMHA Announces 3 New Videos Designed to  Promote Manufactured Housing, Dispel Myths

by J. D. Harper The Arkansas Manufactured Housing Association (AMHA) has completed a series of short videos aimed at addressing and dispelling myths, misconceptions and stereotypes about today’s manufactured housing. NSP_READMORE

MARKETING

Carlyle Group (CG) Urged To Invest Multi-Billion$ In “Dry Powder,” says Blo…

Carlyle Group (CG) Urged To Invest Multi-Billion$ In “Dry Powder,” says Bloomberg’s Tan

by L. A. ‘Tony’ Kovach  The Carlyle Group (CG) is reportedly one of the top 100 largest manufactured home community operators in the U.S..  Its big hedge fund business is said... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Management Group Increases Holdings in Equity LifeStyle Properties (ELS)

Management Group Increases Holdings in Equity LifeStyle Properties (ELS)

by Frank Griffin Schroder Investment Management Group acquired an additional $2,017,000 worth of Equity LifeStyle Properties (ELS) shares for the quarter ending July 30th, 2016. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Comparing Mid-America Apartment Communities vs. Sun Communities, Head-to-He…

Comparing Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Analysis

By Joe Dyton CML News recently took a deep dive into a head-to-head comparison between Memphis, TN-based Mid-America Communities, Inc. (NYSE: MAA) and Southfield, MI-based Sun Communities, Inc. (NYSE: SUI). NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Two Faces of Manufactured Home Community Closures – Urban Institute’s Prese…

Two Faces of Manufactured Home Community Closures – Urban Institute’s Preservation Approach Vs. Little Farm Trailer Park Outcome

by Joe Dyton Affordable housing options are becoming less plentiful around the country, but according to Urban Institute researchers, there are ways to sidestep what has become an outright crisis. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

UMH Properties Closes on 2 Manufactured Home Communities, more Closings Pen…

UMH Properties Closes on 2 Manufactured Home Communities, more Closings Pending

by L. A. ‘Tony’ Kovach Freehold NJ based UMH Properties, Inc. (NYSE: UMH) announced that it has closed on the acquisition of two communities located in Ohio for a total purchase... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Another 2016 Manufactured Housing Legal Update – Where Business & Law Inter…

Another 2016 Manufactured Housing Legal Update – Where Business & Law Intersect

by Marc Lifeset, JD McGlinchey Stafford is proud to provide the Manufactured Housing Update to the manufactured housing industry.  NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Man Shot in “Trailer Park” (sic) says ABC TV’s Marla Carter, MH Pros React

Man Shot in “Trailer Park” (sic) says ABC TV’s Marla Carter, MH Pros React

by L. A. ‘Tony’ Kovach Tragedy and violence occurs in neighborhoods across America. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

MHC Pro/Owner – “Highly Conflicted” over Manufactured Home Community Closur…

MHC Pro/Owner – “Highly Conflicted” over Manufactured Home Community Closures

by Marty Lavin, JD Tony, I am highly conflicted by the closing and eviction of the El Portal MH community. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

MH Community Owner’s Reaction to Baytown, TX “trashy mobile home park” stor…

MH Community Owner’s Reaction to Baytown, TX “trashy mobile home park” story

by Richard Nodel I become incensed when I see examples of the absolute worse type of landlord. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Zoning, Opening up Urban Infill and Making Sure Citizens who want Manufactu…

Zoning, Opening up Urban Infill and Making Sure Citizens who want Manufactured Homes are Heard

by Ed Schafer For the last three or four years, the South Carolina association’s focus is to move beyond killing bad zoning proposals and working to reopen areas that have been... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Discrimination, Zoning and Disparate Impact on Manufactured Homes, Owners, …

Discrimination, Zoning and Disparate Impact on Manufactured Homes, Owners, Prospects

by Mark Weiss The discriminatory exclusion of manufactured homes by local governments is a major problem for the industry and consumers. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Say No Socialist Driven Economy, Praise for Revolution PreFab Homes

Say No Socialist Driven Economy, Praise for Revolution PreFab Homes

by Jay Hamilton Tony, I have no plans to vote for a Socialism Driven Economy. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Business Impact - Left, Right Agree – President Obama’s mark is on powerful…

Business Impact - Left, Right Agree – President Obama’s mark is on powerful U.S. Appeals Courts

by L. A. ‘Tony’ Kovach Elizabeth Wydra is the president of the Constitutional Accountability Center, which Wikipedia describes as a conservative judicial group. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Cavco’s Joe Stegmayer, Directors Insider Trades – & CVCO Portfolio Holder U…

Cavco’s Joe Stegmayer, Directors Insider Trades – & CVCO Portfolio Holder Updates

   by L. A. ‘Tony’ Kovach  Cavco Industries director Jack Hanna has filed a Form 4, according to a report byStreetInsider, see that as a download, linked here. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Controversial Analysis – NRDC, ACEEE and proposed DOE Manufactured Home Ene…

Controversial Analysis – NRDC, ACEEE and proposed DOE Manufactured Home Energy Standards for Manufactured Homes – Helpful or Harmful?

by L. A. “Tony” Kovach Controversy about the proposed U.S. Department of Energy (DOE) standards for manufactured housing has followed the flurry of commentary from various special-interest and non-profit groups, covered... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Demand for Manufactured Homes in Louisiana Flood Zone Rising, Factories Gea…

Demand for Manufactured Homes in Louisiana Flood Zone Rising, Factories Gear Up for FEMA, Residents

by L. A. 'Tony' Kovach For two days, rain tortured the heart of bayou country, dumping 24 inches in less than 48 hours on southern Louisiana, says a report in the... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Discrimination, Injustice against manufactured housing – a Call for Action …

Discrimination, Injustice against manufactured housing – a Call for Action by Industry Professionals

by Todd Lamb Tony, I agree with the Daily Business News article and the comments from other manufactured home industry professionals regarding Councilman David McCartney in Baytown. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Responding to Negative News About a trashy Baytown “Mobile Home Park”

Responding to Negative News About a trashy Baytown “Mobile Home Park”

by Karl Radde Stories like this are the kind of thing that generally helps cast such a negative light on our industry. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

HUD Code Manufactured Housing, “The Discrimination Code”

HUD Code Manufactured Housing, “The Discrimination Code”

by Marty Lavin, JD Tony, you are so right on the HUD Code has become a deadly “discrimination code,” especially as it applies to manufactured home financing. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Importance and Value of Independent MH Trade Publications

The Importance and Value of Independent MH Trade Publications

by Tim Williams MHProNews.com and MHLivingNews.com are both good communications resources for the Manufactured Housing Industry. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with… Otis Orsburn, Hybrid Prefab Homes

A Cup of Coffee with… Otis Orsburn, Hybrid Prefab Homes

1) Who, What and Where: (Your name and your formal title at Hybrid Prefab Homes and where your organization is based). My name is Otis Orsburn, President of Hybrid Prefab Homes based... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Mark Weiss, President & CEO of MHARR (Manufactured Hou…

A Cup of Coffee with…Mark Weiss, President & CEO of MHARR (Manufactured Housing Association for Regulatory Reform)

1) Who, What and Where: (Your name and your formal title at Manufactured Housing Association for Regulatory Reform (MHARR) and where your organization is based). Mark Weiss, President and Chief Executive Officer... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Rules for Radicals – Saul D. Alinsky and his Followers Political Action Pla…

Rules for Radicals – Saul D. Alinsky and his Followers Political Action Plan

by L. A. ‘Tony’ Kovach When Jay Hamilton, Executive Director of the Georgia Manufactured Housing Association mentioned Saul Alinsky, I knew a little about who Alinsky was, and that he’s inspired... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Happiness Happens

Happiness Happens

by Tim Connor, CSP I am sure you have heard, or maybe even used the term, SH _ T Happens: well how about - Happiness Happens? NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

ZigOn Preachers

ZigOn Preachers

by Zig Ziglar The typical American believes that those men and women who fill the pulpits in the churches work a few hours on the weekend and probably spend some... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

UMH Properties, Inc. Completes Acquisiti…

UMH Properties, Inc. Completes Acquisition Of Two Ohio Communities

FREEHOLD, N.J., Sept. 1, 2016 /PRNewswire/ -- UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of two communities located in Ohio for a total purchase price of $2,954,000. These two all-age communities contain 165 sites situated on approximately 71 acres. The weighted average occupancy for these communities is approximately 64%. These communities are part of a five community portfolio, all located in Ohio, with a total purchase price of $17,020,000. The portfolio contains a total of 821 sites situated on approximately 342 acres. The acquisition of the remaining communities is expected to close before yearend. The completion of this acquisition is subject to due diligence and other customary closing conditions. Therefore, there can be no assurance that this acquisition will take place during 2016 or at...

the MHMSM Team 02 Sep 2016 Corporate Press Releases

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Redcort Portfolio | 442 Sites | Illinois

Redcort Portfolio | 442 Sites | Illinois

Portfolio Summary Investment:             2 Property Portfolio                                with Storage UnitsStar Class:              2-3MH Sites:                216Storage Sites:         226Homes & Notes:      37MH Occupancy:       96.7%Storage Occup.:      98.7% Sale Price:    $8,289,627 Community Highlights Historically high economic occupancy with current MH economic occupancy of 96.7%, and storage 98.7% Less than 10% park owned homes Redwood has asphalt streets, while Cortland has new chip and tar streets, August 2016 Redwood is 97 miles from Downtown Chicago, while Cortland is 64 miles For additional sales and cap rate information, please call: Christopher Nortley (586) 884-8416chris@mhreinc.com  Enon Winkler (407) 616-0250enon@mhreinc.com  www.mhreinc.com

the MHMSM Team 02 Sep 2016 Corporate Press Releases

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Next Step Network Participating in Give …

Next Step Network Participating in Give Local Louisville

Louisville, Kentucky – This year, Next Step Network is participating in Give Local Louisville, a 24-hour online giving day that supports the local nonprofits doing great work in our community. Last year, through Give Local Louisville, our community raised $3 million for the 362 participating nonprofits. On September 15, for those 24 hours, the Community Foundation of Louisville and its partners will maximize the community's generosity with Golden Tickets, prizes and bonus dollars. This provides an incredible opportunity for donors to increase the impact of their gifts to the nonprofits they care about. Next Step’s mission is to put sustainable homeownership within reach of everyone, while transforming the manufactured housing industry through consumer education, affordability and energy efficiency. By participating in Give Local Louisville, we will raise funds to support new and...

the MHMSM Team 02 Sep 2016 Corporate Press Releases

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MHRE Closes the Matrix MHC Portfolio

MHRE Closes the Matrix MHC Portfolio

On August 4th, 2016 MHRE closed the Matrix MHC Portfolio to a undisclosed buyer.  The portfolio consisted of 11 communities in Michigan, of which 4 were 55+, and 2 in Alabama, with a total combined site count of 7,253 sites. Christopher Nortley, Managing Partner of MHRE explained, “Matrix had a ton of interest in their portfolio, but based on the size, core location, and their home portfolio, it really came down to a hand full of operators that had the capability to acquire a portfolio of this size, but more importantly, an operator that understands the value add component of the home portfolio.“ Enrico Scarda, Chief Executive Officer of The Matrix Group commented, “Matrix acquired and successfully stabilized its portfolio which was positioned for a new operator to take the portfolio to...

the MHMSM Team 23 Aug 2016 Corporate Press Releases

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California JLT Market Reports Now Availa…

California JLT Market Reports Now Available

Datacomp, publisher of JLT Market Reports, is pleased to announce that our comprehensive manufactured home community rent and occupancy reports are now available for majormarkets in California: Los AngelesOrangeRiversideSacramentoSan BernardinoSan DiegoSan Francisco Bay NorthSan Francisco Bay SouthVentura These August 2016 reports include detailed information about investment grade communities including: # of Homesites Occupancy % Rents and Increases including Rent Control 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 August 2016 occupancy and rents to August 2015. Use these reports to learn more about thesemarkets, earn greater profits, identify potential acquisitions and stay competitive.  Ordering Is Easy! Call us TOLL FREE at 800-588-5426, emailreports@datacompusa.com or visit our secure website at www.datacompusa.com/JLT to download reports immediately.

the MHMSM Team 11 Aug 2016 Corporate Press Releases

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Closed | 278 Sites | Heartland Estates |…

Closed | 278 Sites | Heartland Estates | Lakeland, Florida

On August 5, 2016, MHRE sold Heartland Estates to Murex Properties, a Fort Myers-based company that owns and manages premier manufactured-housing communities throughout the United States. Heartland Estates is a 278 site, Senior, 55+ manufactured housing community, nestled on a ridge, overlooking Lake Hester in central Florida. The community is about one-half mile west of U.S. 27, the principle north-south artery through Florida, and about 8 miles south of I-4. Heartland Estates provides an amenity-rich lifestyle with a 5,000-square-foot clubhouse, with a verandah overlooking both the heated swimming pool and the lake.  The clubhouse and amenities include a ballroom, fitness center, kitchen, library, billiards, shuffleboard courts and horseshoes.   Enon Winkler, Partner with MHRE Inc. explained that “Our strong relationship and trust with the Seller allowed us to maximize value in a time where...

the MHMSM Team 11 Aug 2016 Corporate Press Releases

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