The place to meet and reminisce

Article Abstract:

The RV/MH Heritage Foundation's Hall of Fame Museum in Elkhart, IN, provides a history of manufactured housing and recreational vehicles. The foundation, established in 1972, is promoting a $5.5 million campaign to finance and build a 50,000 sq ft conference and convention facility in the Elkhart area.

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11th Allen Report lists largest community owner/operators

Article Abstract:

The 11th annual Allen Report ranks 150 of the largest manufactured home site owners and operators in the US and Canada. The largest public owner is Colorado-based Chateau Communities, with 59,656 home sites in 34 states.

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Two faces of consolidation

Article Abstract:

Just eight companies are still around who were part of the 25 largest mobile home park owners in 1988, but they hold much larger portfolios, even as young risk takers are adding to portfolios of second tier properties. The positive face of consolidation is increased investor participation, formation of the manufactured housing community councils, rising property values, and more certified property managers. The negative face is higher pressure to perform, inactive memberships of associations, excessive rent growth, and entry of non-certified property managers raising failure risks, which impact badly on the industry.

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