George Allen’s Swan Song
Blog # 451; Copyright @ 18 June 2017; at community-investor.com/blog
Perspective: ‘Land leases communities’, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.’
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INTRODUCTION: None really needed this week, as the title and few short paragraphs pretty much tell ‘the story’.
I.
Swan Song*
‘Swan Song’ is the working title of the book I’m writing for colleagues in manufactured housing and the land lease community real estate asset class.
The plan is to cover ‘our shared history’ from 1970 to present day; and starting with year 1955, publish a permanent record of ‘mobile home’ shipments between that year & 1976, when the shelter type became manufactured housing and continuing that shipment history, then thru to year 2017. I’ll explain along the way, why only the new HUD-Code home shipment totals for years 2013 through 2016 have been ‘verified’, using monthly data available only from the Institute for Building Technology & Safety (‘IBTS’).
This book has been ‘in the making’ during the 40 years I’ve managed, owned, consulted and written about, this unique, income-producing property type. The goal is to have this shared history printed, bound and ready for distribution at the 26th annual International Networking Roundtable, 6-8 September 2017, in Indianapolis, IN.
How will Swan Song cover these topics? Decade by decade, over 50 years for the land lease community real estate asset class. Here’s a summary of chapter titles and subheadings:
1. 1970-79 All Time Acme Shipment Year for Mobile Homes
‘Debut of HUD-Code Manufactured Homes; Syndicators Spark
Consolidation of Mobile Home Parks’
2. 1980-89 MHI & MHARR Go Separate Ways!
‘Mobile Home Park Management text & ALLEN REPORT Debut’
3. 1990-99 ‘GO-Go Years’ Come to a STOP!
‘Allen Letter & Networking Roundtable Debut; ISC & NCC
Merge; REITs Emerge; New Texts; &, Consequences of 1998
Shipment Renascence’
4. 2000-09 New Paradigm Begins!
‘Manufactured Housing Sowed the Wind, During Late 1990s, only
to Reap the Whirlwind for the Next Two Decades!’
5. 2010-19 Long Road Back to Prosperity!
‘Land Lease Communities (a.k.a. Manufactured Home
.Communities) Come Into Their Own!’
And along the way, these historic periods will be matched with the estimated annual manufactured housing shipment totals, to help explain what happened during times of business prosperity, turmoil and near penury.
There are other features being written into this text. After all, it’s likely the last one, of the dozen books penned to date, that I’ll author for this industry and realty asset class – except, possibly, an autobiography, to join seven others written by RV/MH pioneers and leaders during the past 50 years. Other features? You’ll see and read them, along and within the five chapters, when you receive your copy of Swan Song on 6 September 2017. But here’re a couple hints: 1) Doing my best to include the names of dozens of individuals who’ve been ‘players’, especially in the land lease community realty asset class, during the last five decades. 2) Also some historic documents, e.g. Mission Statement & Objectives of the Industry Steering Committee (‘ISCC’), 1993 predecessor to MHI’s National Communities Council division, 3) even a copy of latest ALLEN REPORT.
Not yet registered to attend this year’s Roundtable? Use brochure attached to the BEBA (Blast Email Blog Alert) introducing this week’s blog posting, and or the link within said BEBA.
End Note.
Swan Song = ‘a metaphorical phrase suggesting one’s final gesture, effort, or personal performance.’
George Allen, CPM & MHM
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