In the spirit of recent elections, can we have the MHP residents worried about displacement/redevelopment speak with those looking for rent control? Just a thought.

Enjoy!

What We Are Reading

The Goods - Manufactured Housing

How vulnerable Phoenix homeowners are being forced to move

Imagine owning a home and being told you need to move — and take your home with you. That’s the experience for some residents across metro Phoenix as developers buy mobile home parks.

‘It’s unconscionable to me’: Beacon Falls gets senator involved to fight mobile home park prices

River’s Edge Mobile Home Park residents are hoping state Sen. Jorge Cabrera, D-Hamden, can help them fight a third rent increase in three years.

‘It’s a village that’ll never be replaced’: Newport News airport mobile home tenants pack up and move on

Ivory Kurek and her boyfriend Alex Garza grew up around the trailer park at Newport News/Williamsburg International Airport — and once expected to raise their fledgling family there.

Oak Crest residents band together

Turns to the East and Michael Collum are helping to organize a housing cooperative in Oak Crest, the Coeur d’Alene mobile home community where they live.

Torrance mobile home residents get another shot at rent stabilization ordinance

Assemblymember Al Muratsuchi tours Skyline Mobile Home Park after a meeting with area mobile home park residents to discuss the need for a rent stabilization ordinance in Torrance on Thursday, November 3, 2022.

Century Mobile Home Park sale still up in the air

Despite a purchase offer being submitted to the current owners of Century Mobile Home Park in Alamosa, who will ultimately buy the property is still in a state of flux. Century Mobile Home Park, one of the largest parks in the San Luis Valley, is located at 17th Street and State.

Riverside County approves $279K to move 12 families living in Oasis Mobile Home Park

The Riverside County Board of Supervisors unanimously voted to allocate funding to move 12 families from the troubled Oasis Mobile Home Park into better living conditions by early next year.

The Nation’s Largest Indoor Product Show for Manufactured Home Professionals

Why Attend the Louisville Show?

The Louisville Manufactured Housing Show is the nation’s largest indoor product show for manufactured home professionals.

Nation's Largest Private Manufactured Home Communities Operator Partners with American Red Cross Colorado & Wyoming Region for Home Fire Campaign

RHP Properties today announced its partnership with the American Red Cross Colorado & Wyoming Region and a $10,000 donation for its year round Home Fire Campaign to raise awareness about fire safety and prevention. The partnership is the second of its kind for RHP Properties, building upon its work with the American Red Cross Michigan Region, and a larger initiative to provide such programs in RHP communities nationwide.

Freddie Mac Multifamily Loan Purchase Cap for 2023 is $75 Billion

Freddie Mac Multifamily’s loan purchase cap for 2023 will be $75 billion. The cap is set by the Federal Housing Finance Agency (FHFA) based on projections for the size of the multifamily debt origination market. Freddie Mac has also received from FHFA updated criteria for its “mission-driven” business, which includes loans for affordable housing and underserved market segments.

General Real Estate News

• Elevation Capital plans major expansion of DC-area facility. (Link)

• Take a look inside the only large-scale 3D printed housing development in the U.S. (Link)

It’s the Economy, Stupid

• Is the Treasury Bond Massacre Finally Over? (Link)

• Yellen Says Don’t Read Too Much Into Cooling CPI Data. (Link)

Regulatory and Affordability

• How Affordable Housing Fared in the Midterm Elections. (Link)

• Q&A with Johnson County Supervisor candidate V Fixmer-Oraiz. (Link)

• Housing crisis more than ‘capitalism’. (Link)

• Clearly, Americans Need More Affordable Housing! (Link)

• Meet The Real Estate Billionaire Who Hates Affordable Housing And Loves Trump And The GOP'. (Link)

Charts Making Us Smarter

Public Markets Corner

UMH Properties, Inc. reports results for the third quarter ended September 30, 2022

UMH Properties, Inc. (NYSE:UMH) reported Total Income for the quarter ended September 30, 2022 of $51.9 million as compared to $48.0 million for the quarter ended September 30, 2021, representing an increase of 8%. Net Loss Attributable to Common Shareholders amounted to $9.7 million or $0.18 per diluted share for the quarter ended September 30, 2022 as compared to $3.4 million or $0.07 per diluted share for the quarter ended September 30, 2021.

UMH Properties, Inc. - Investor Presentation

UMH Properties, Inc. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

The following discussion and analysis of the consolidated financial condition and results of operations should be read in conjunction with the consolidated financial statements and footnotes thereto included elsewhere herein and in the Company's annual report on Form 10-K for the year ended December 31, 2021.

LEGACY HOUSING CORP Management's Discussion and Analysis of Financial Condition and Results of Operations. (form 10-Q)

The following discussion should be read in conjunction with the financial statements and accompanying notes and the information contained in other sections of this Form 10-Q. It contains forward-looking statements that involve risks and uncertainties, and is based on the beliefs of our management, as well as assumptions made by, and information currently available to, our management.

Video Gallery

Venice Isle Mobile Home Park tour | Watch Video ▶

Venice mobile home residents frustrated with city rules for rebuilding | Watch Video ▶

HOA fees soar at retirement community | Watch Video ▶

Flooding at Riverland Mobile Home Park in Stuart | Watch Video ▶

Affordable housing crisis in Sumter | Watch Video ▶

Affordable Housing Development Opens In Carlsbad | Watch Video ▶

Affordable housing coming to Williamson County | Watch Video ▶

Social Section

Sponsored By —

Elevation Capital Group, and its affiliates, (“Elevation”) focuses exclusively on two niche property types: Mobile Home Communities and Self Storage Facilities. Elevation, through its affiliates, has acquired properties worth more than $600 million and has owned more than 200 properties across more than 30 states. To learn more about Elevation and their current investment offering, click here.

Contact us at [email protected] for sponsorship inquiries.