Friday, November 20, 2015

Carlyle Group buys Mobile Home park for Estimated $180 Million

The Carlyle Group acquired its second Manufactured Housing Community for sale last month to the tune of $180 Million. The acquisition of Plaza Del Ray a 722 unit Community in Sunnyvale CA is the second community for the Carlyle group in the valley. The purchase translates to approx. $250,000 per unit based on pricing.
The Manufactured Housing Community Investment arena saw almost a 42% increase a year ago in activity and close to 15% increase for the 1st half of this year.
To read the entire article from Nathan Donato-Weinstein

Thursday, November 19, 2015

Manufactured Housing Ordinance hits opposition from residences

What is so important in Mohave County Arizona you ask? The county board there is trying to pass an ordinance that would restrict the placement of Manufactured Homes in the county that are older than 7 years!

The county is trying to move the regulation that it currently has that has a restriction of any home built after June 15 1976, the date in which HUD started regulating the construction of Manufactured Housing. \
The board passed the motion 5-0 and the local residents are looking to have the motion repealed. A resident in Mohave county would have to prove the age as 7 years old or newer and display HUD label on the unit prior to receiving a Building permit from the county to install the home.

The board is trying to regulate what? There are numerous home older than 7 year years old that look amazing and homes that are 2 years old that are uninhabitable.

If the objective is to maintain values and aesthetics than regulate the upkeep of properties regardless of construction good grief the HOA's in Arizona have figured that out. The battle of quality housing in counties rages on!

Wednesday, November 18, 2015

Companies that own Manufactured Housing Communities vs Dow and the Board

The ownership of Manufactured Housing Communities has seen significant publicity as large scale players have moved into our space and have had tremendous success at generating strong year over year returns. Warren Buffet, Sam Zell and others have seen the value of the industry in our economy as well as a vehicle for vertical integration.

We are still getting deals done in this competitive market, PCG National Manufactured Housing Group just Closed 2 park deal in Pennsylvania last week.   Manufactured Housing Communities for Sale that are competitive in pricing are hard to find,

PCG National Manufactured Housing Group Website

Call us to have confidential conversation about the value of your Community

Here is a snap shot of how some of these companies have compared against the Dow yesterday :

Dow up 1.38%, NASDAQ up 1.15%:
Affiliated Managers Group, Inc. (NYSE: AMG) $172.07 +4.54 (+2.71%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $199,800 +1,975.00 (+1.00%).
Carlyle Group (NASDAQ:CG) $17.35 -0.22(-1.25%).
Cavco Industries, Inc. (NASDAQ:CVCO) $90.10 +0.74 (+0.65%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $59.87 +1.10 (+1.87%).
Killam Properties Inc. (TSE:KMP) $10.51 +0.15 (+1.45%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.41 +0.46 (+2.71%).
Nobility Homes Inc. (OTCMKTS:NOBH) $11.60 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $38.47 -0.07 (-0.18%).
Skyline Corporation (NYSE:SKY) $3.71 -0.08 (-2.11%).
Sun Communities Inc. (NYSE:SUI) $64.43 +2.26 (+3.64%).
UMH Properties, Inc. (NYSE:UMH) $9.37 +0.02 (+0.21%).

Saturday, November 7, 2015

Peterson Commercial Group Honor Flight

Next Wednesday, November 11 is Veterans Day.
As an Air Force Veteran I have had a passion to Honor those Veterans who went before me. 2 years ago I had the privilege participate in Honor Flight and fly back to Washington DC as a Guardian with WWII Veterans. The affect that trip had on these men was life changing for me in many ways.
Our desire is to raise enough to fly 7 more of these Veterans back as time is so so limited to touch their lives!
3 members of PCG will be riding in The Tour De Tucson in 3 weeks as a Fund Raiser for these amazing men, "the Greatest Generation" in a way to say thanks for the freedom we enjoy today.
I have attached a link so that those that would like to donate any amount of money as a way to show our appreciation for their sacrifice and service can do so.
Thank you to those who have sent funds in already together we can do this

Friday, November 6, 2015

PCG National Manufactured Housing Group

Manufactured Housing Community Brokerage is what we do, giving back to our Veterans is how we say Thanks! 

Help us Honor WWII Veterans

Click to Play WW II Honor Flight Video

November 21,2015 – Peterson Commercial Group will be riding 75 miles each to raise funds to honor these Hero’s . We will be raising funds to send 7 of these amazing men back to view THEIR memorial. If a WWII Veteran has touched your life this a great opportunity to honor their sacrifice

Link to Donate and Support:

We Thank you for you support!