Champion Home Builders has agreed to acquire Manis Custom Builders for an estimated $10 million.
Skyline Champion Corporation, the parent company, and the largest publicly traded factory home builder in the country, said it expected to close the deal for the Laurinburg, N.C., company by month’s end.
Champion President and CEO Mark Yost said Manis will be a welcomed addition to the team.
“While working with founder Joe Manis and his team during this transaction, we learned that their core operating principles mirror our own,” Yost said.
Manis has led the organization that bears his name since 1983 and has set a standard for high quality. Manis builds 800-square foot to 2,000-square foot custom modular homes.
“With the addition of this 250,000 square foot campus in Laurinburg and Manis’ retail location in eastern North Carolina to our existing North Carolina campuses, we are now better able to serve customers throughout the region with cost-effective, streamlined product offerings that are greatly needed in the current economic environment,” Yost said. “We anticipate continuing to build out the approximately $15 million of backlog as we upgrade and re-tool portions of the plant.”
Champion operates from Troy, Mich., while the corporate entity, Skyline Champion, is headquartered in Elkhart, Ind.
The Federal Reserve in May made good on its promise last month to keep a keen eye on inflation by raising rates just enough to avoid a recession. The half-point boost doubles what the Fed did last meeting, and indicated continued hikes through the year equaling at least another point.
The half-point boost in the Fed’s benchmark rate is the largest single push in more than 20 years.
“In support of these goals, the committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent and anticipates that ongoing increases in the target range will be appropriate,” The Fed said in a released statement.
Additionally, the Fed said it will begin reducing its holdings of Treasury securities and agency debt, and agency mortgage-backed securities, on June 1 as described in the “Plans for Reducing the Size of the Federal Reserve’s Balance Sheet” released in conjunction with this statement.
Further rate hikes will be managed with a wide range of information in mind, the statement said, including readings on public health, labor market conditions, inflation pressures and expectations, as well as other financial and international developments. The invasion of Ukraine by Russia is causing tremendous human and economic hardship. The implications for the U.S. economy are highly uncertain. The invasion and related events are creating additional upward pressure on inflation and are likely to weigh on economic activity. In addition, COVID-related lockdowns in China are likely to exacerbate supply chain disruptions.
“Inflation is much too high and we understand the hardship it is causing and we are moving expeditiously to bring it back down,” Federal Reserver Chairman Jerome Powell said.
Policymakers in Washington are keenly focused on ways to address the nation’s affordable housing supply shortage. The need for immediate solutions is only increasing — in 2021, home prices increased by more than 18% while “real” average weekly earnings for U.S. workers fell by more than 3%. With housing inventory at near historic lows and economists estimating more than five million homes are needed, finding ways the federal government can help spur additional affordable housing supply is at the top of the agenda. The Manufactured Housing Institute is working to ensure manufactured housing is well-positioned to be at the forefront of these deliberations.
Talk of Manufactured Housing at the Capitol
Last September, the Biden-Harris administration directed federal agencies to use “every tool available in government to produce more affordable housing supply as quickly as possible.” Manufactured housing supply was a leading component of this effort, with White House Press Secretary Jen Psaki highlighting the administration’s commitment to boosting the supply of manufactured housing. Beyond Washington, the plan included calling on state and local governments to reduce zoning and financing barriers to manufactured housing which “allows families to achieve homeownership and build wealth.”
This is a historic time for our industry when our efforts in Washington continue to yield attention at the highest levels of government to help more Americans achieve homeownership through manufactured housing. As a result of the White House directive, an inter-agency task force has been convened to look at federal homeownership financing programs and how they can better support the purchase of manufactured homes.
With current HUD Secretary Marcia Fudge pledging her support of manufactured housing at numerous congressional hearings, saying it is an “outstanding option,” MHI’s efforts to educate policymakers has positioned us to ensure federal efforts to increase the affordable housing supply in America will include changes in policy that support manufactured housing. In addition, to support by administration officials, MHI has worked to ensure that the benefits of manufactured housing are a topic at every affordable housing hearing that has taken place in the 117th Congress.
We are not just cultivating relationships with those congressional representatives that already know us.. We are taking our message about the quality and affordability of manufactured homes to congressional leaders, including many who have never seen a manufactured home but want more quality affordable homeownership options in their districts. Our efforts have yielded results and through our advocacy, we have support from congressional members on both sides of the aisle and from all parts of the country – saying at hearings that manufactured housing is “the most affordable homeownership option available nationwide” and “manufactured housing offers a safe and affordable, wonderful, place for a family to call home.”
Seize the Opportunity
Now is our time, and MHI is seizing the opportunity to advance key priorities to grow the market, including ensuring federal housing finance programs (FHA, Fannie Mae, Freddie Mac, USDA, VA) support manufactured housing; updating the HUD Code on a regular cadence; making sure efforts to increase energy efficiency standards for manufactured housing are feasible and cost-effective; moving the federal government to address local exclusionary zoning policies and enforce the preemption of the HUD Code; and supporting the preservation of land-lease communities.
In addition to our direct work with federal policymakers, MHI’s membership has served as a key grassroots connection to elected representatives and regulators. Since the beginning of the 117th Congress and the Biden Administration, we have generated more than 1,500 contacts to the administration and Congress. Our advocacy has resulted in the first update to the FHA Title I program in 40 years; the first comprehensive updates to the HUD Code in decades; the Senate telling HUD to expedite further updates to the HUD Code and further FHA financing reforms; House members telling the Department of Energy they do not support the proposed efficiency rule; and administration efforts to address lumber prices and supply chain shortages. MHI is also developing partnerships with key national housing and business coalitions to ensure industry priorities are embraced by the advocacy community so that our voice to policymakers is even stronger. Through these relationships, MHI has participated in numerous housing industry events, including the National Association of Realtors® December “Real Estate Forecast Summit: The Year Ahead.”
Build for the Future
MHI is continuing to build upon our momentum from 2021 so that we can continue to elevate housing innovation and expand attainable homeownership. We will continue to build relationships with federal policymakers and ensure the manufactured housing industry continues to be a part of the federal dialogue about addressing our nation’s housing challenges. Our access to Washington policymakers is as strong as ever and it is bolstered by the direct engagement from MHI members to their elected representatives to keep our issues at the forefront.
In addition to advocacy, we are committed to supporting our members with quality events, education, and information. Our upcoming in-person conferences will be packed with exceptional programming and networking opportunities. In addition, we are growing our resources for members, ranging from useful economic reports to interactive maps on topics like zoning and manufactured housing communities, to timely news and updates. MHI continues to gain momentum in Washington, not only due to our effective advocacy strategy but because of what is happening in the industry – the quality of our houses and our people. Together, with a strong voice and unified message, we will ensure federal policymakers support our industry’s growth so that the American Dream of homeownership can be a reality for more Americans.
Datacomp has published the May 2022 JLT Market Reports for the state of Florida, the largest market area for manufactured homes in the United States. JLT Market Reports provide detailed research and information on communities in 186 major housing markets nationwide. The reports include the latest rent trends and statistics, marketing programs, and a variety of other useful management insights.
Datacomp publishes the JLT Market Reports and is the nation’s #1 provider of market data for the manufactured housing industry. JLT Market Reports are recognized as the industry standard for manufactured home community market analysis.
May 2022 manufactured housing market data published in JLT Market Reports for Florida includes information on 802 “All ages” and “55+” manufactured home communities.
Altogether, the reports on Florida manufactured home communities include data representations for 212,857 homesites.
Florida Statewide Trends in Manufactured Housing Community Rent and Occupancy
Florida all-ages communities experienced a 0.5% increase in occupancy and a 5.5% increase in rent.
Florida 55+ communities experienced a 0.8% increase in occupancy and a 6.2% increase in rent.
“Manufactured home community occupancy increased in all but five of the Florida markets detailed in Datacomp’s May publication,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “This, along with healthy rent appreciation across the state reflects the growing demand for quality affordable housing.”
More About JLT Market Reports
Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment-grade communities in the major markets. The detailed information includes:
Number of homesites
Occupancy rates
Average community rents, and increases
Community amenities
Vacant lots
Repossessed and inventoried homes, and much more
JLT Market Reports also include management insights that rank communities by number of homesites, occupancy rates, and highest to lowest rents. Established reports show trends in each market with a comparison of May 2022 rents and occupancy rates to May 2021, as well as a historical recap of rents and occupancy from 1996 to the present date in most markets.
The May 2022 JLT Market Reports for Florida manufactured home communities are available for purchase and immediate download online at the Datacomp JLT Market Report website, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.
Each fully updated report for mobile home communities is a comprehensive look at investment grade properties within a market, enabling owners and managers, lenders, appraisers, brokers, and other organizations to effectively benchmark those communities and make informed business decisions.
The future community of Lakehaven in Innisfil, Ont., is expected to total approximately 2,000 homes and be built out in four stages over 10 years. Approximately two-thirds of the homes will be single-family in the traditional ownership model and one-third will be bungalow townhomes in the land-lease ownership model. The community is a partnership between Mattamy Homes and Parkbridge. (CNW Group/Mattamy Homes Limited)
Leading Developers Collaborate for Housing Choice, Flexibility
Mattamy Homes, North America’s largest privately-owned homebuilder, and Parkbridge Lifestyle Communities, Canada’s leading developer of residential land-lease communities, have announced a partnership to bring the first mixed-ownership community to Ontario.
Lakehaven will sit on Lake Simcoe in Innisfil, Ont., and include about 2,000 homes, and be built out in four stages over 10 years. Approximately two-thirds of the homes will be single-family in the traditional ownership model and a third will be bungalow townhomes in the land-lease ownership model.
“At Mattamy we are deeply invested in doing our part to address housing choice and affordability and foster a sustainable housing market for buyers in Ontario,” Mattamy Homes Canada CEO Brad Carr said. “We believe in providing a variety of choice and homes that appeal to every type of homeowner who wants to have a home, some green space, live in a community and build equity in their home. In Lakehaven they will have that exciting opportunity of choice in a community with different options for ownership. We are so excited to be entering a new market for Mattamy and to be doing so with an amazing partner like Parkbridge.”
Carr said land lease as a model for homeownership is growing quickly in Canada, and is well established in the U.S. and Europe.
“In a land-lease arrangement, the buyer owns the home outright and leases the land,” Parkbridge CEO Mark Gow said. “By removing the expensive land portion from the ownership equation – a particular concern in central and southern Ontario – this model can increase affordability and offer an ideal housing option for people looking to downsize, or for first-time buyers.”
The start of sales for the community is expected in late 2022.
The Federal Housing Finance Agency published the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve Program.
The DTS Plans demonstrate a strengthened commitment to serving manufactured housing, affordable housing preservation, and rural housing. The targets and strategies in the Plans build on lessons learned and progress made during the first four years of the DTS program.
“Providing sustainable liquidity for affordable housing preservation, rural housing, and manufactured housing in a safe and sound manner is an integral part of the Enterprises’ responsibility to serve underserved markets,” FHFA Acting Director Sandra L. Thompson said. “The additional activities and objectives to be implemented under these Plans are important steps toward the Enterprises fulfilling their Duty to Serve mandate over the coming years.”
In May 2021, the Enterprises submitted proposed Duty to Serve Plans that FHFA evaluated against agency priorities and the DTS regulation. FHFA determined that none of the Enterprises’ initial Plans met the DTS Non-Objection standard. After further revisions and evaluation, FHFA has determined that the Enterprises’ latest proposed Plans now meet the Non-Objection standard.
The activities outlined by the Enterprises to achieve their DTS plan objectives remain subject to FHFA review and approval to ensure compliance with the Enterprises’ Charter Acts, safety and soundness measures, and other conservatorship and regulatory requirements.
Under the DTS Program, the Enterprises prepare and submit to FHFA proposed three-year underserved markets plans that outline their objectives and activities to serve the manufactured housing, rural housing, and affordable housing preservation markets. FHFA reviews and issues Non-Objections to those proposed plans based on the intended impact on each market.
Freddie Mac Plans to Meet DTS Requirements
In its published report, Freddie Mac outlined several initiatives underway.
Over the next three years, Freddie Mac intends to expand support for the manufactured housing market in the following ways:
1. Support manufactured housing titled as real property: a. Increase purchases of loans secured by manufactured homes titled as real property. b. Provide new product flexibilities to facilitate the origination of mortgages secured by manufactured homes. c. Support growth in the market for manufactured homes through research and outreach.
2. Support manufactured housing titled as personal property: a. Complete a feasibility assessment for the requirements and processes necessary to support loan purchase, including but not limited to credit, servicing, consumer protections, pricing, and risk structures. b. If FHFA approval is obtained, purchase loans to assist with product design to support future loan purchase capabilities.
3. Support the Resident Owned Community (ROC), non-profit, and government instrumentality market: a. Purchase loans on ROCs and non-profit and government instrumentality-owned communities.
4. Support opportunities for Duty to Serve-qualifying tenant pad lease protections: a. Purchase loans on properties that commit to implement Duty to Serve tenant pad lease protections.
“In the manufactured housing market, we will expand financing solutions for consumers, improve tenant protections in the manufactured housing communities (MHCs) that we finance, and increase secondary market liquidity,” the report stated.
Fannie Mae Plans to Meet DTS
Fannie Mae Regulatory Activities for Manufactured Housing A. Support manufactured homes titled as real property 1. Acquire purchase money mortgage (PMM) loans secured by MHRP. 2. Explore opportunities to facilitate financing of loans secured by MHRP located in certain manufactured housing communities. 3. Expand on prior efforts to facilitate financing of loans on homes secured by MHRP located in fee simple developments.
B. Manufactured housing communities (MHCs) owned by a governmental entity, nonprofit organization, or residents 1. Increase loan purchases of MHCs owned by government entities, nonprofit organizations, or residents.
C. Manufactured housing communities (MHCs) with certain pad lease protections 1. Increase the number of loan purchases of MHCs with tenant site lease protections.
D. Additional Manufactured Housing Communities Activities 1. Increase the purchase of MHC loans benefiting from Manufactured Housing Rental flexibilities. 2. Supporting renters in manufactured housing communities through credit-building activities.
Fannie Mae Loan Purchase Targets for Manufactured Housing A. Support manufactured homes titled as real property 1. Acquire purchase money mortgage (PMM) loans secured by MHRP. B. Manufactured housing communities (MHCs) owned by a governmental entity, nonprofit organization, or residents
B. Manufactured housing communities (MHCs) owned by a governmental entity, nonprofit organization, or residents. 1. Increase loan purchases of MHCs owned by government entities, nonprofit organizations, or residents.
C. Manufactured housing communities (MHCs) with certain pad lease protections 1. Increase the number of loan purchases of MHCs with tenant site lease protections.
D. Additional Manufactured Housing Communities Activities 1. Increase the purchase of MHC loans benefiting from Manufactured Housing Rental flexibilities.
“Fannie Mae will continue to be a reliable source of financing for manufactured homes and communities, providing affordable and stable homeownership and rental opportunities for households around the country,” Enterprise published in its report. “We are committed to sustainably increasing our share of the Manufactured Homes Titled as Real Property (MHRP) market, increasing our role in financing non-traditionally owned MHCs, and working with our partners to increase market adoption of FHFA’s tenant site lease protections, as well as advancing innovative solutions to benefit more families and help the industry grow.”
‘May Soon Begin to See the Impact of Increasing Mortgage Rates on Home Prices’
Craig Lazzara, Dow Jones Indices.
S&P Dow Jones on April 26 released the latest results for its monthly home price indices, showing February data that point to an acceleration again in pricing with a measure of 19.8%.
More than 27 years of S&P CoreLogic pricing history can be found at the indices website.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported the 19.8% annual gain in February, up from 19.1% the previous month.
The 10-City Composite annual increase came in at 18.6%, up from 17.3% in the previous month. The 20-City Composite posted a 20.2% year-over-year gain, up from 18.9% in the previous month.
Phoenix, Tampa, and Miami reported the highest year-over-year gains among the 20 cities in February. Phoenix led the way with a 32.9% year-over-year price increase, followed by Tampa with a 32.6% increase and Miami with a 29.7% increase.
All 20 cities reported higher price increases in the year ending February 2022 versus the year ending January 2022.
“U.S. home prices continued to advance at a very rapid pace in February,” S&P DJI Managing Director Craig J. Lazzara said. “All three composites reflect an acceleration of price growth relative to January’s level.
“The National Composite’s 19.8% year-over-year change for February was the third-highest reading in 35 years of history,” he said. “That level of price growth suggests broad strength in the housing market, which is exactly what we continue to observe.”
Phoenix’s 32.9% price increase led all cities for the 33rd consecutive month, with Tampa and Miami close behind. Prices were strongest in the South (+28.1%) and Southeast (+27.9%), but every region continued to show impressive gains.
“The macroeconomic environment is evolving rapidly and may not support extraordinary home price growth for much longer,” Lazzara said. “The post-COVID resumption of general economic activity has stoked inflation, and the Federal Reserve has begun to increase interest rates in response. We may soon begin to see the impact of increasing mortgage rates on home prices.”
Privately‐owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1.873 million. This is 0.4 percent above the revised February rate of 1.865 million and is 6.7 percent above the March 2021 rate of 1.755 million. Single‐family authorizations in March were at a rate of 1.147 million, 4.8 percent below the revised February figure of 1.205 million. Authorizations of units in buildings with five units or more were at a rate of 672,000 in March.
Housing Starts
Privately‐owned housing starts in March were at a seasonally adjusted annual rate of 1.793 million, 0.3 percent above the revised February estimate of 1.788 million is 3.9 percent above the March 2021 rate of 1.725 million.
Single‐family housing starts in March were at a rate of 1.200 million, 1.7 percent below the revised February figure of 1.221 million. The March rate for units in buildings with five units or more was 574,000.
Housing Completions
Privately‐owned housing completions in March were at a seasonally adjusted annual rate of 1.303 million, 4.5 percent below the revised February estimate of 1.365 million is 13 percent below the March 2021 rate of 1.497 million. Single‐family housing completions in March were at a rate of 1 million, 6.4 percent below the revised February rate of 1.068 million. The March rate for units in buildings with five units or more was 292,000.
A Cavco Industries home building facility. Photo courtesy of Cavco.
A 37-minute drive on I-74 in North Carolina near the South Carolina line connects a pair of home building facilities recently acquired by two of the largest manufactured home builders in the country.
To the south, in Robeson County, Champion Homes has confirmed it will begin operating out of a former Fleetwood Homes facility with plans for more than $13 million in upgrades.
The two companies are leaders in manufactured housing, each with a large and growing presence across the United States.
“In Pembroke we found a site that met our facility needs, had access to strong workforce assets and was capable of serving a growing regional housing market. We are appreciative of North Carolina’s leaders who were willing to work closely with Champion to address our objectives for this expansion,” Champion Homes Executive Vice President of Sales and Business Development Wade Lyall was quoted as saying in The Robesonian, a local news outlet.
Champion Home Builders is a division of Skyline Champion Corporation, the largest publicly traded manufactured home and modular builder in North America with approximately 8,100 people, nearly 70 years of homebuilding experience, and 40 manufacturing facilities.
“On behalf of the Robeson County Board of Commissioners, it gives me great pleasure to welcome Champion Home as an industrial partner to Robeson County,” Wixie Stephen, chairperson of the Robeson County Board of Commissioners, state for the paper. “This investment will provide a brighter future for citizens of Robeson County in both tax base and jobs.”
Cavco Industries Converts Factory
Cavco President and CEO Bill Boor said the seller, Volumetric Building Companies, currently produces multi-family residential and commercial projects in the facility but intends to move that production closer to their markets in the Northeast. VBC’s work will wind down during the summer, at which time Cavco will begin re-tooling and renovations to allow its homebuilding operation on the site to begin before the end of the year.
“Demand for our homes, and affordable homes in general, continues to be very strong. With the addition of this new facility, which will bring our total number of homebuilding production lines to 27, we are expanding access to much-needed affordable housing solutions and strengthening our position in the region,” Boor said. “This is a great opportunity to quickly bring new capacity online with an in-place and capable workforce.”
Cavco is headquartered in Phoenix and designs and produces factory-built housing products primarily distributed through a network of independent and company-owned retailers. Its brands include Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry homes.
Yale Realty & Capital Advisors was awarded MHI's Excellence in Manufactured Housing for Community Lender/Broker of the Year in 2022.
Industry Advocate Names Annual Honorees of Excellence in Manufactured Housing Awards
MHI’s 2022 Congress and Expo in Orlando, in addition to staging homes, hosting exhibitors, and providing industry education also delved out the annual Excellence in Manufactured Housing Awards to top performers in six categories. The awards honor manufactured housing professionals for leadership and dedication in all areas of the industry. The MHI awards are chosen by peers and an independent panel of experts.
Excellence in Manufacturing
Manufacturer of the Year — Three Plants or More: Clayton Homebuilding Group
“We are honored to receive the Manufacturer of the Year award from the Manufactured Housing Institute,” Keith Holdbrooks, president of Clayton Home Building Group, said. “We truly believe in our purpose of opening doors to a better life and strive to live out this purpose every day through focusing on team member and customer experience, giving back to the communities in which we serve and helping the environment thrive for future generations. Ultimately, these actions lead to a beautiful, high-quality home for our homeowners.”
In 2021, the company released a series of videos called Behind the Build to highlight sustainability efforts in the build process. Additionally, the company published its first lifestyle magazine, Opening Doors, designed to celebrate team member and customer stories while connecting the reader to the builder.
Manufacturer of the Year — Two Plants or Less: Adventure Homes
Leadership in Sustainability: Clayton Homebuilding Group
Excellence in Design
Manufactured Home Design — Single Section: Champion Home Builders
Manufactured Home Design — Multi Section: Champion Home Builders
Modular Housing Design — Single Section: Champion Home Builders
The 2022 honors marked the third consecutive year Champion has won an “Excellence” award from MHI.
“One of our core operating principles is to take pride in our innovation and craftsmanship, and our team lives this daily. Regardless of the size or price point of the home, we continue to create thoughtful designs with the floor plans and amenities that homebuyers are looking for,” Mark Yost, president and CEO of Skyline Champion Corporation, said. “It is with great honor that we accept this recognition on behalf of our team. We are committed to providing customers with a range of affordable housing options and delivering excellence in housing design and construction.”
Excellence in Home Supply
Supplier of the Year: Blevins
Excellence in Lending
Lender of the Year — National: 21st Mortgage Corporation
Lender of the Year — Regional: Credit Human
Lender of the Year — Floorplan: 21st Mortgage Corporation
Excellence in Retail
Retail Sales Center of the Year — East: UMH Properties
2022 marks the consecutive years for UMH winning both the Operator of the Year award, and the Retail Sales Center of the Year Award. This year’s retail award was for UMH’s work at the Port Royal Sales Center in Belle Vernon, Pa.
“UMH is proud to receive these two awards. We have built an operating platform that delivers exceptional results year after year,” UMH Properties President and CEO Sam Landy said. “We continue to acquire, improve, and expand our communities which increases access to quality affordable housing in each market that we serve. I would like to thank our managers, maintenance staff, regional managers, vice presidents, directors and officers and all other staff members for our outstanding achievements.”
Retail Sales Center of the Year — West: Clayton Homes
Paradise, Calif., just 15 minutes away from the company’s Oroville sales center, was the location of devestating 2018 fires. Two team members lost their homes, and Paradise also is the hometown of Home Center Manager Dustin Youngdahl. The home center teamed up with two nonprofit organizations to provide homes at no cost to 43 residents who lost their homes. It was the combination of these factors that led to the facility winning the Retail Sales Center of the Year award in the west region.
“I expect our home center will continue to help rebuild Paradise for the next 20 years,” said Youngdahl.
Excellence in Community Operations
Community Operator of the Year: UMH Properties
Land-lease Community of the Year — East: Flagship Communities
Flagship won the award for its work on Waterford Pointe, a 317-home community in Evansville, Ind.
In 2005 an F-3 tornado ripped through Waterford Pointe. The tornado struck during the night and by the time the sun rose, 150 of the community’s more than 300 homes were destroyed. Flagship acquired the community in 2016 to bring the community to life again.
“We are proud of our Waterford Pointe community and the effort that our staff has put into the turnaround that has occurred since the devastating tornado,” Flagship CEO Kurt Keeney said. “The satisfaction of our residents at Waterford along with our community partners have made it a wonderful place for families and seniors to reside. We thank MHI and its leaders for this great honor.”
Land-lease Community of the Year — West: Verde Ranch Estates
Community Lender/Broker of the Year: Yale Realty & Capital Advisors
Community Impact Project of the Year: Five Points Neighborhood Initiative by Cavco
More than 1,500 manufactured housing professionals are expected in Las Vegas April 7-9 as the Manufactured Housing Institute’s Congress and Expo returns to the...
With more homes, more exhibitors, and more buzz than ever before, the 2026 Biloxi Show is expanding, and fast.
The Biloxi Manufactured Housing Show &...
