MHAlive!, 2016 Chattel Capital Summit, & Shipment Stats…
Blog # 404 Copyright 2016 COBA7® @ 10 July 2016: community-investor.com/blog
Perspective. ‘Land-lease-lifestyle Communities, a.k.a. manufactured home communities and ‘mobile home parks’, comprise the real estate component of manufactured housing.’
This blog posting is the sole national advocacy voice, official ombudsman & historian, research reporter & online communication media, for North American LLLCommunities!
To input this blog &/or affiliate with Community Owners (7 Part) Business Alliance®, a.k.a. COBA7®, use Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.
COBA7® Motto = ‘U Support US & WE Serve U!’ Goal of its’ print/online media =
‘Not only inform & opine, but transform & improve MHBusiness Model Performance!’
INTRODUCTION. Parts I & II = ‘MHAlive!’ @ RV/MH Hall of Fame, & ‘2016 Chattel Capital Summit’ @ 25th anniversary International Networking Roundtable, in August & September. Two ‘Must Participate’ MHEvents in Indiana & Tennessee!
Part III. Official MHShipments @ May 2016 per IBTS, HUD, MHARR, & COBA7®
‘MHAlive!’Taking Shape as 1 August Nears
“It happened in Elkhart in the RV/MH library, with the colonel using a cane-mounted steel hitchball purloined from a 1970s era DeRose singlewide mobile home.”
Opening line from a new murder mystery set in northern Indiana?
No, it’s a ‘tease’, to entice you to spend Monday morning and early afternoon, 1 August, in the library at the RV/MH Hall of Fame – with George Allen. Doing what? Publicly parsing and discussing sensitive, key MHIndustry & LLLCommunity matters, issues, legislation, regulatory concerns, and more….
There is no registration fee to participate in MHAlive! But we only have room, in the library, for a dozen or so participants. So, if you know now you plan to attend MHAlive!, email us or phone (317) 346-7156 and let us know.
Know too, there is a fee to attend the Hall of Fame induction banquet that evening – honoring 10 RV/MH industry pioneers and leaders!. To make a dinner reservation, phone (574) 293-2344. Location for both events is 21565 Executive Parkway, Elkhart, IN. Expecting more than 400 businessmen and women to attend the induction banquet.
OK, so what’s taking place at MHAlive! ? It’s simple and straightforward:
HUD-Code manufactured housing matters, issues, legislation, regulatory concerns, etc..
• Status of chattel capital and Duty to Serve rulemaking
• Are one or more forms of hybrid chattel capital on the horizon for MHIndustry?
• Status of DOE energy regs & when to expect ‘net zero energy use’ MHousing?
• Finally, quantification of the $ impact of MHProduction on the national economy
• How much more corporate consolidation before federal regulators start inquiring?
• ‘Two Days of Plant Tours & Home Sales Seminars’. A new regional MHShow!
• Beware HUD-Code shipment #s at odds with IBTS, HUD, MHARR, & COBA7®
That’s the ‘working list’ now. It might change before 1 August arrives. Anything you’d like to see added, deleted, changed on that list? If so, phone the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. And again, let us know if you plan to attend.
Land-lease-lifestyle community (a.k.a. manufactured home community) matters, issues, regulatory concerns, etc.
• ‘Chattel Capital Summit’ occurs 8 & 9 September. Six + presentations scheduled!
• CSH Models = 25% into LLLCommunities @ 2009; 40+% @ 2015; 75% by 2020
• Beware regional site rent surveys sans all LLLCommunities in local housing mkt.
• ‘YES! Communities’ going Chinese? ‘Sun Communities’ going RV?
• Beware misleading imitation of the ALLEN REPORT ; 28th edition @ 1 January
• How to effect changes to ‘overtime regulations’ relative to property managers?
No host luncheon off-site @ 11:30 – 12:30PM.
‘Mini-Writers’ Conference’ in the RV/MH Hall of Fame library. A no fee, no reservation event, for RV/MH industry businessmen and women @ 12:30-1:30PM. Come and meet with MHIndustry historian and publisher, to learn how to get your story told via…
‘Beginning One’s Memoirs & Autobiography’, a.k.a. preserving one’s personal & corporate legacy, like Alvin Schrader did in ‘No Respect At All…’ A PATH TO MILLION$. Have you read it yet? It’s on sale at the RV/MH Hall of Fame store. Or phone (317) 346-7156 to order a copy for only $25.00 postpaid. $20.00 of the book purchase is donated by the author, to the RV/MH Hall of Fame!
MHAlive! Will end between 1:30 & 2:00PM, so RV/MH Hall of Fame members can attend the reception being given in their honor at the RV/MH museum.
2016 Chattel Capital Summit, to date….
Attend the 25th anniversary of the International Networking Roundtable, 7-9 September, at the Gaylord Opryland Resort Hotel & Conference Center in Nashville, TN., and participate in the following Six Significant Chattel Capital Summit Events:
• Traditional chattel capital = keynote presenter, Tim Williams of 21st Mortgage
• Chattel capital & ‘Duty to Serve’ = panel comprised of reps from GSEs & FHFA
• Hybrid chattel capital = lecturer committed and will be identified at event proper
• Lease-Option = Fast growing new home methodology, Spencer Roane, MHM®
• Clayton, Cavco, Champion $ spokespersons will be present to answer questions.
• Community Series Homes into LLLCommunities = Keith Anderson, Champion
And Yes, there’s even more being planned, but this should well whet your appetite to be present, as we ‘make history’ parsing what’s happening now, and preparing for what’s about to occur in the near future, chattel capital wise, for the manufactured housing industry & LLLCommunity asset class! No conscientious MHIndustry businessman or woman will miss this seminal event!
BOTTOM LINE. We’re 16 years into the ‘turn of the 21ST Century paradigm shift’, where widespread abuse of chattel capital made it ‘go away & stay away’ (Read ‘Upside Down in a Mobile Home Park’*); 10,000+/- independent (street) MHRetailers have gone out of business (Unless they owned one or more MHCommunities); and, 500+/- portfolio owners/operators of land-lease-lifestyle communities now routinely buy, sell, seller-finance, even lease new HUD-Code, oft Community Series Homes (a.k.a. CSH Models) on-site! You simply can’t summarize the past 16 years any simpler than that! So, plan to be at the 25th International Networking Roundtable in September. Phone (317) 346-7156 to register and or request a descriptive brochure, complete with agenda and hotel information.
End Note. For a FREE copy of a reprint of that now classic Manufactured Home Merchandiser article (‘Upside Down in a Mobile Home Park!’), phone (317) 346-7156 and request it. Frankly, it should be ‘required reading’ for anyone who’s come into the MHIndustry since the year 2000!
May 2016 MHShipment Total
per IBTS, HUD, MHARR, & COBA7®
Institute for Building Technology & Safety, HUD, MHARR, & COBA7® report 6,780 new HUD-Code homes shipped during May 2016, up from 6,689 shipped during April; boosting total to 32,570 YTD! Do not be misled. HUD, MHARR, COBA7® & MHI all pay for this monthly data from IBTS; only one national advocate reports it differently.
And, 2015 HUD-Code ‘manufactured housing production only’, at 70,544 units, contributed an estimated $3,045,313,936 to the national economy! Per formula introduced June 2016 by Dr. Stephen C. Cooke of the Alward Institute for Collaborative Science, i.e. base year 2013 @ $2,600,00 divided by 60,228 units = $43,169/unit.
An increasing number of businesses and government agencies rely on COBA7® for their MHIndustry & LLLCommunity information. Don’t be left out; affiliate with COBA7® via Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4763. Research begins soon on 28th annual ALLEN REPORT, a.k.a. ‘Who’s Who Among LLLCommunity Portfolio Owners/operators Throughout North America!’
George Allen, CPM®, MHM® Box # 47024 Indianapolis, IN. 46247 (317) 346-7156