Archive for May, 2017

Two Blockbuster Articles Coming; plus, Energy & Consumer Activists

Saturday, May 27th, 2017

Blog # 448; Copyright @ 28 May 2017; community-investor.com

Perspective. ‘Land lease communities’, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.’

This blog posting is the sole national advocate voice, official ombudsman, & historian, research report, & online communication media for North American LLCommunities!

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 = to
‘Not only inform & opine, but transform & improve MHBusiness model performance!

_______________________________________________________________________

INTRODUCTION: ‘A Time to Honor’ & ‘A Time to Question’, are respectively, the ‘most fun’ article, and ‘most difficult’ expose’, I’ve penned in a long long time. I like honoring our mutual, but dislike being a naysayer! And if you didn’t know energy and consumer ‘activism’ is a-coming, you’d better become sensitive to both intrusions upon your business interests. Written your ‘industry-saving’ letter to Dr. Ben Carson, Secretary, HUD, yet? Here’s the correct zip code.

I.

A Time to Honor & A Time to Question

I’ve penned two articles that’ll be published in upcoming issues of the Allen Letter professional journal, likely, July and August issues. Truly believe it’s past time, in the first instance, to identify and honor pioneers and leaders in manufactured housing and land lease communities, who’ve shared their respective business experiences and Lessons Learned, in autobiographies – encouraging others and you to do likewise. In the other instance, much has been opined during past decades, about the ongoing consolidation of HUD-Code housing manufacturers (Gobbling up other manufacturers and independent – street – MHRetailers nationwide), as well as land lease communities, into conglomerates and property portfolios respectively. But little has been written about the consequences thereof.

Manufactured Housing & Community Pioneers is the title of the first (two part) article; subtitled, ‘So Far, Sorry to Say, It’s been a Man’s World!’ In Part I, we identify seven autobiographies, in and out of print, beginning with Kristian Jensen, Sr. an immigrants tale of success, in his A Danish American. The article works its’ way thru the late John Crean of Fleetwood Enterprise fame, to contemporary industry personality Jim Clayton; then, onto the Cohron twins (Harrell & Darrell) in Indianapolis, Mike Conlon in North Carolina; the late George Goldman, and finally, Alvan L. Schrader – the author and LLCommunity owner/operator feted at the 25th Networking Roundtable in Nashville, TN., last Fall.

In Part II of Manufactured Housing & Community Pioneers, we describe a five step process pursuant to writing and self-publishing one’s autobiography. The suggested procedure is to pen and hone many memoirs (‘short stories from one’s life experiences), to be later collected, printed and bound as a book length story. And while not explicit about this in the blog, know that if or when you need advice and publishing assistance in the future, can reach out to PMN Publishing – the only manufactured housing and land lease community publishing company, via Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

Now, A Time to Question? The title and subtitle are likely the longest in recent manufactured housing history, but together they drill down to the very core of the op/ed story finally told. Here goes: The Fruit of Voluntary & Involuntary Consolidation in Factory-built Housing Appears to be Peer Domination. And the subtitle? ‘How Pappy Peacebucks (a fabricated name) & His Big Business Power Brokers & Cronies Dominate Factory-built Housing; Its’ Personal Property Housing Finance Market; &, the Industry’s Unique, Income-producing Property Type’ (a parody of sorts)

The articles are already penned, awaiting placement in the Allen Letter professional journal. You do not want to miss either one! In the first instance, it’s my way of honoring four longtime friends ‘in the MH & RV businesses’; being inducted into the RV/MH Hall of Fame, in Elkhart, IN., on 7 August 2017, just two months away. Hope you’ll join me there, as we honor Michael Sullivan, CPM; Spencer Roane, MHM; Christine Lindsey, MHM; and RV guru David Gorin. Plus, there’ll be six additional inductees, in this Class of 2017, from the RV & MH industries. For more information and to register, phone (574) 293-2344. Expect to dine and celebrate with between 400 & 700 of ‘the finest’ from the manufactured housing and recreational vehicle industries.

To receive 12 issues of the Allen Letter professional journal, affiliate with the Community Owners (7 Part) Business Alliance, or COBA7 for $134.95/year, or $544.95/year – to receive the annual ALLEN REPORT, annual National Registry of ALL Lenders, and ten more Signature Series Resource Documents or SSRDs. How to do so? Phone (317) 346-7156.

II.

Energy Conservation Activism Coming…

Here’s what a manufactured housing colleague in California wrote to me recently, describing a new wrinkle in buying resale homes in that state:

“I bought an old single section ‘mobile home’, in one of our land lease communities, from a local real estate agent. Turns out, here in California, there’s a new (?) disclosure form, designed to quantify the cost to operate said home (i.e. energy efficiency) – urging homebuyer to be aware, and possibly beware. Then comes the HOME ENRGY RATING SCORE (‘HERS’) index, ostensibly designed to not only ‘score’ the home, but suggest cost-effective improvements thereto. And there at the end, is a disclosure form to be signed by the homebuyer a
and home seller.” (Paraphrased. GFA)

An interesting feature of the Home Energy Rating Book are these pithy quotes:

• Whether you are buying or selling a residential property, or staying in your current home, every Californian should know his or her home energy rating.

• You wouldn’t buy a new car without knowing its’ ‘miles per gallon’ rating. So, why buy a home without a ‘home energy rating?’

• A $100 per month reduction in your utility bills frees up enough cash to pay for a $17,000 increase in your mortgage (Assuming six percent interest over 30 years).

• After your mortgage payment, your energy bill is often the second largest monthly home ownership expense.

So, thought you’d like to see what may be making its’ way East during the months and year ahead. After all, told you here earlier, of strict energy conservation standards already arriving in New England this year.

III.

Consumer Activism Is Here!

For years, even decades now, we’ve talked and written, using letters to represent and abbreviate ‘manufactured housing’ lingo. For example: MHousing, MHCommunity, MHImprovement Act of 2000, MHIndustry, MHAlive! (Think Tank), MHicki & MHarrio (Poetic license nicknames for MHI & MHARR), MHBusiness, and on and on.

Well, there’s a new MH contraction on the scene: MHAction; short for Manufactured Housing Action. This is a loose collection of homeowner/site lessees living in land lease communities nationwide. In this instance, MHAction calls on their peers to “Join MHAction Community Leaders in a nationwide discussion, on June 1st, regarding one of the largest LLCommunity portfolio owner/operators, …” relative to ‘rapidly escalating lot-rents’ and community maintenance issues. For more details, email: info@mhaction.org

Point? All of a sudden, it appears we, as an industry and realty asset class, are fighting increased government $ regs and new landlord tenant legislation, e.g. rent control, in several states. And now this, a call to action nationally. Not the best ways for us to improve our industry/asset class’ image on the local and national scene. Perhaps the time has come for MHI’s National Communities Council (‘NCC’) division to openly address this serious matter (At their Washington, DC., meeting in June? Don’t count on it, as this is simply a fly-in to visit federal legislators). And COBA7? Sure. Plans are already plans afoot to address ‘industry image & national advertising campaign’ at MHAlive! (Think Tank) meeting, 9-11AM on 7 August, at the RV/MH Hall of Fame in Elkhart, IN., and at the 26th Networking Roundtable, 6-8 September, in Indianapolis, IN. For info on both these events and to register, phone the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.

IV.

Oops! Got the Zip Code Wrong!

When writing your letter to Dr. Ben Carson, Secretary, HUD, in Washington, DC., be sure to use the correct zip code, that being 20410. Did you get that? It’s 20410 And if you haven’t yet written, please do so NOW. Several COBA7 ‘blog floggers’ (readers) have already sent me copies of letters they’ve penned and mailed to Dr. Carson.

Sorry ’bout the postal zip code error. GFA

***

George Allen, CPM & MHM
Box # 47024, Indianapolis, IN. 46247
(317) 346-7156

Saturday, May 20th, 2017

Blog # 447; Copyright @ 21 May 2017; community-investor.com

Perspective. ‘Land lease communities’, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.’

This blog posting is the sole national advocate voice, official ombudsman, & Historian, research report, & online communication media for North American LLCommunities!

‘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 = to
‘Not only inform & opine, but transform & improve MHBusiness model performance!

______________________________________________________________________

INTRODUCTION: Wow! All sorts of developments breaking loose in the MHIndustry:
a ‘seller finance fly-in’ to Washington DC this Summer; ID of opportunities to make your views known on MH ‘issues & matters’; Clayton Bank merges with FirstBank; and, letter writing campaign to Dr. Ben Carson, Secretary of HUD, continues. Read on….

I.

Something Exciting On MH $ Agenda!

Willing to Fly into Washington, DC., on 18 & 19 July, to Lobby for Manufactured Housing Seller Finance Legislation?

YES!

Details forthcoming here, as well as in the Allen CONFIDENTIAL! business newsletter, and the Allen Letter professional journal – all COBA7 print and online media publications! If you’re not yet an affiliate of COBA7, do so today, using brochure attached to this blog, or phone the Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. What’s affiliation cost? Your choice; only $134.95/year for 12 monthly issues of the Allen Letter; $544.95/ year if you want to receive, in addition to the newsletter, the annual ALLEN REPORT, National Registry of ALL Lenders, and ten additional Signature Series Resource Documents.

Back to this Summer’s fly-in to Washington, DC. Actually, we’ve told you about the Seller Finance Coalition before, as COBA7 is, in our behalf as LLCommunity owners/operators, dues-paying member. How ’bout MHARR & MHI? In my opinion, they should be, but you’ll have to ask them yourself.

Anyway, for more information, continue to read this weekly blog at community-investor.com, or reach out directly to krepass@sellerfinancecoaliton.org
In any event, the 18 & 19 July fly-in is on my calendar as a Must Participate Opportunity, to promote federal legislation designed to make on-site, contract financing of new HUD-Code homes in land lease communities, easier than it is today. If you agree seller-financing of new HUDCode homes on-site, continues to be ‘a major challenge’ to the manufactured housing industry and our realty asset class – Plan Now to Attend!

II.

‘MHIndustry Issues & Matters Input Day’ = Success!

The Illinois Manufactured Housing Association (‘IMHA’) annual meeting was a success in several ways:

• Full day of intense ‘new home sales’ training by freelance consultant Ken Corbin
• Training in new manufactured housing installation, by Frank Bowman, MHM
• An afternoon of strategic planning (preparation) for the IMHA organization
• Fair Housing ‘like you’ve never heard it before’, & informative national legislative update; both by Rick Robinson, esquire, VP @ MHI.
• ‘State of the Manufactured Housing Industry & Land Lease Community real estate asset class’, by George Allen, CPM & MHM

A highlight of the day, as suggested by the above title, was the opportunity to identify and submit personal views on ‘issues & matters’ relative to the MHIndustry & LLCommunities. This input will be melded with like contributions from Think Tank & Networking Roundtable opportunities occurring during the next six months – then published en masse, in all print and online MH trade publications! It’s about time….

Next input opportunity? At MHAlive!, the informal Think Tank occurring, the morning (9-11AM) of 7 August, at RV/MH Hall of Fame,in the board room at that museum/library facility! For information about MHAlive! session, phone (317) 346-7156. To register for the RV/MH Hall of Fame induction banquet, later the same day, phone (574) 293-2344. Remember, three of this year’s inductees come directly from the LLCommunity segment of the MHIndustry; being: Michael Sullivan, CPM; Spencer Roane, MHM, & Christine Lindsey, MHM. How can you not want to be present to honor and fete these longtime leaders in our realty asset class? I certainly plan to attend. See you there!

And the next input opportunity? A month later, on 7 September, during the first morning session of the 26th Networking Roundtable, in Indianapolis, IN. For an information brochure and or to register, again, phone (317) 346-7156. Attendance, this year, limited to 200, so don’t be left out by registering late.

III.

Clayton Bank Merges with FirstBank

Here’s the way the Press Release reads: ‘Clayton Bank & American City Bank Announce Merger with FirstBank, a fully-owned subsidiary of FB Financial Corporation – the third largest TN-headquartered bank, with 45 full-service branches in TN, AL, & GA.

Where does this merger leave Jim Clayton? According to the Press Release, he’s ‘committed to the merger, functioning as chairman of East Tennessee & Clayton Specialty Finance.’ How ’bout Kevin Kimsey?

IV.

Have YOU Written to Dr. Ben Carson, Secretary of HUD yet?

In last week’s blog posting, COBA7 encouraged all manufactured housing professionals and land lease community owners/operators, to pen a letter to Dr. Ben Carson, Secretary of HUD, describing “…how we need ‘relief from onerous installation regulations”, on one hand (including dissolution of the unneeded Dispute Resolution program); and, for HUD – for the first time in ’40 years of industry oversight’, to publicly and enthusiastically promote manufactured housing as this nation’s best quality and form of affordable housing!”

Have you done so yet? If not, here’s the address to use:

The Honorable Dr. Ben Carson, Secretary
U.S. Department of Housing & Urban Development
Suite # 10000
451 Seventh St., SW
Washington, DC. 201410

Need additional motivation to do what you should want to do? Know that both national advocates of manufactured housing, MHARR & MHI, met recently with senior staff at HUD, with the express purpose of identifying present day regulations that should be sunset ASAP – and to make recommendations to HUD, going forward.

Hey, no one can force you to do this. However, if you have ‘skin in the game’ (i.e. business ownership) of manufactured housing and or land lease communities, and you value your Free Enterprise future, present and future, you should want to be proactive for a change, and not passively reactive! If you’re the latter, you’ll have only yourself to blame if matters don’t improve markedly at HUD during the next six months.

Me? I’ve penned and mailed three such letters since the first of the year! Recommend you send yours by Certified Mail Return Receipt Requested. Sure, it’s more expensive than simple First Class, but an almost guarantee the letter will get to where you want it to go!

***

MHIndustry Letter Writing Campaign to HUD, & on 5/17 Express Your Views!

Thursday, May 11th, 2017

Blog # 446; Copyright @ 14 May 2017; community-investor.com

Perspective. ‘Land lease Communities’, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.’

This blog posting is the sole national advocate voice, official ombudsman, & historian, research report, & online communication media for North American LLCommunities!

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 = to
‘Not only inform & opine, but transform & improve MHBusiness model performance!
______________________________________________________________________

INTRODUCTION: Do you, as a businessman or woman, care enough about the over-regulatory nature of what’s going on at HUD these days, relative to land lease communities and installation of new manufactured homes within – and the dire need for change? If so, read and answer the challenge presented in Part I following. And, if you can be in Chicago on 17 May, to share your views on various MH issues & matters, please do so! No one else is providing this sort of bully pulpit for the grassroots folk of the MHIndustry & LLCommunity asset class. Time to stand and be counted!

I.

Want to do Something Important NOW, for the Manufactured Housing Industry?

WE have a Unique & Timely Opportunity to do Something Much-Needed by Our Industry & Land Lease Community Asset Class
&
You Don’t Have to be a Member of MHARR or MHI,
even an affiliate of COBA7 to Participate!

With the change in administrations in Washington, DC, the HUD-Code manufactured housing industry, and its’ sister segment, the land lease community real estate asset class, must stand together and tell Dr. Ben Carson, Secretary, of the Housing & Urban Development federal agency, how we need ‘relief from onerous installation regulations’, on one hand (including dissolution of the unneeded Dispute Resolution program); and, for HUD – for the first time in its’ 40 years of industry oversight, to finally’ publicly promote manufactured housing, as this nation’s best quality and form of affordable housing’!

I’ve already penned two such letters to that effect, via COBA7, since the first of this year. Know one thing I’ve learned? If/when you mail your letter by Certified Mail, Return Receipt Requested, you will receive a reply!` Oh, it might well be vanilla correspondence, but you know someone had to sign for it, likely read it, and directed someone to pen a reply. And when enough such letters, from manufactured housing industry & land lease community owners/operators land on HUD’s doorstep, we stand a much better opportunity of having our dual case heard by Dr. Ben Carson..

Are you willing to draft and mail such a letter to Dr. Ben Carson, Secretary of HUD? Well, if so – and I surely hope so, here’s the appropriate address:

The Honorable Dr. Ben Carson, Secretary
U.S. Department of Housing & Urban Development
Suite # 10000
451 Seventh St., SW
Washington, DC. 201410

And I’m not suggesting a form letter here, from MHARR, MHI, COBA7 or anyone else. Your considered opinion will likely carry more weight than if you simply copied what someone else suggested you pen.

In my opinion, the two cases you should make in your letter are these:

• We, at present, are an over-regulated industry, when it comes to new home installation standards and an all but useless Dispute Resolution program at HUD. Who better to decide how to best site and install their affordable housing product, than the manufacturer who fabricated it, in accords with the HUD-Code, then shipped it to its final destination?

• Manufactured housing is the best quality and form of truly affordable housing available anywhere in the U.S. today! Our per square foot housing product cost is less than half that of site–built residential construction (not considering the value of underlying real estate). HUD well knows this truism! Now is time for the department to promote this type factory-built housing to prospective homebuyers and homowners/site lessees nationwide!

Can you do this? More important, ‘Will you do what needs to be done NOW? I hope so.

This is one time when it does not matter whether you are a member of MHARR or MHI, even an affiliate of COBA7. Though you should ask yourself: ‘Why aren’t manufactured housing’s national advocates encouraging and participating in this unique and timely letter writing campaign?’ What matters is, you are a businessman or woman actively involved producing, shipping, siting, and managing the most affordable type housing in the U.S. today, and that WE petition HUD to address the Action Areas cited in the previous paragraphs. Don’t wait to do so!

To discuss this matter further, reach me via (3170 346-7156 or gfa7156@aol.com.

II.

Here’s First Public Opportunity to
State Your MH Views & Opinions!

It’s this simple; be at the Crowne Plaza Hotel in Rosemont, IL., on 17 May 2017, during the lunch hour!

At that time, I’ll share the only ‘State of the Manufactured Housing Industry & Land Lease Community Asset Class’ briefing available from anyone, anywhere, nationwide. (Everyone else covers only MH matters, etc.)

Then we’ll open the floor for public sharing of manufactured housing & land lease community-related views & opinions from the audience.

To register to attend, contact Frank Bowman via www.IMHA.org & (217)528-3423

FYI. There’re tentative plans in place to do something similarly on 7 August in Elkhart, IN., at the RV/MH Hall of Fame (9-11AM in the board room), & on 7 September at the 26th annual Networking Roundtable, in Indianapolis, IN. Is anyone else offering such opportunities? NO!

***

‘Net Zero Energy Usage’ & Responses to last week’s FINAL WARNING!

Saturday, May 6th, 2017

Blog # 445; Copyright @ 7 May 2017; community-investor.com

Perspective. ‘Land lease Communities’, previously manufactured home communities, & ‘mobile home parks’, comprise the real estate component of manufactured housing.

This blog posting is the sole national advocate voice, official ombudsman, & historian, research report, & online communication media for North American LLCommunities!

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 = to
‘Not only inform & opine, but transform & improve MHBusiness model performance!
____________________________________________________________________

INTRODUCTION: At the same time, the manufactured housing industry & land lease community asset class forges ahead with ‘net zero energy usage’ HUD-Code homes in communities; it falters badly, as ‘lack of chattel $, onerous federal regs, & consolidations / power grabs’ diminish the autonomy of manufacturers and LLCommunity owners alike.

Remembering Curt Hames & Mac McClanahan….friends recently departed…

1.

They’re Coming; They’re Coming!
What?
‘Net Zero Energy Usage’ New Homes!

This from a Press Release, distributed by the Modular Home Builders Association, headquartered in Charlottesville, VA. MHBA is one of four regional/national trade entities ‘claiming to represent’ modular type factory-built housing:

‘Massachusetts Governor Announces ‘Zero Energy Modular Affordable Housing Initiative’ designed to provide “low and moderate income Massachusetts residents access to cost-saving, clean and efficient energy technologies.” Furthermore, recommendations include the Zero-Energy Modular Affordable Housing Initiative (include) “the energy performance of manufactured housing in the Commonwealth through the replacement of existing manufactured homes, with new modular zero energy housing.”

Frankly, this should come as little to no surprise to alert and informed manufactured housing professionals, and land lease community owners/operators, who seeking to improve housing product performance and the community lifestyle of homeowners/site lessees from coast-to-coast.

FYI. Steven Lefler of Modular Lifestyles, a division of the Newport Pacific Capital companies, in Irvine, California, has led this transition to ‘net zero energy usage’ in manufactured housing for the past decade; and the parent firm routinely replaces worn out ‘;mobile homes’ homes in the LLCommunities they fee-manage, with just this sort of contemporary affordable housing manufactured housing. Reach Steve Lefler via steve@modularlifestyles.com

II.

Responses to Last Week’s ‘Final Warning!’

Our previous blog posting (#444) warned how ‘Land Lease Community Owners (are) Losing Autonomy (i.e. ‘self-government, independence’) as Businessmen & women’, due to:
1. lack of reasonable access to chattel capital to seller-finance on-site manufactured housing transactions

2. increase in onerous financial regulations at state and federal levels

3. unnecessary replacement of perfectly good concrete runners and piers with new, expensive ‘below the frost line’ concrete foundations for new HUD-Code housing installations in LLCommunities

4. (added after the fact) continued consolidation of LLCommunities into one or another of 500+/- property portfolios in the U.S. today; &, the unfortunate ongoing power grab by a few mega-firms, at highest level of national advocacy.

Well, we sure did receive replies; 100% in support of the above tripartite (now four part) case demonstrating declining autonomy for LLCommunity owners – and by extension, smaller regional manufacturers of HUD-Code manufactured homes.

Here’re two examples of replies received to date:

“Once again our industry is ‘asleep at the switch’. The Manufactured Housing Improvement Act of 2000 was supposed to impose more strict installation standards AND provide chattel financing. Now, with HUD-s enforcement of those standards and minimal support of the manufactured housing, we’re getting all the bad with none of the good.” (‘Asleep at the switch’ refers to a national advocate entity missing the emergence of the S.A.F.E. Act a few years ago)

&

“________________(you fill in the blank; hint = a national MH advocacy entity) provides little more than lip service to representation of small and mid-sized community owners, despite being funded by floor dues paid on most manufactured homes purchased by those communities. The organization is a reflection of bloat created in our industry, in years past, far exceeding the functions of a lobbyist, with its’ educational programs, shipment data manipulation, expensive meetings, and levels of bureaucracy. Yet _____________ (another national MH advocacy entity) operates much more efficiently and effectively, but unfortunately, only directly represents the interests of smaller MH manufacturers. COBA7 representation of small and mid-sized communities, at the national level, can’t come soon enough!”

Not too late for YOU to weigh in with your views on this ‘losing autonomy’ topic.

And remember, an MHAlive ‘think tank’ session is being planned for the morning of 7 August 2017, at the RV/MH Hall of Fame in Elkhart, IN., where these types of industry killing, asset class tribulations, and national advocacy shenanigans, can be brought out into the open and discussed among one’s Free Enterprise peers! To get onto the ‘invite’ list, phone the MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764 or grfa7156@aol.com

III.

MHIndustry & LLCommunities Lose a Pioneer!

Curt Hames, land lease communities owner/operator and independent (street) MHRetailer, for decades in Iowa, and Class of 2001 RV/MH Hall of Fame Inductee , died this past week.

I’m, unfortunately, short on details, as I was out of commission all week. As I learn more, I’ll let you know.

But we’ll certainly be adding his name to the In Memoriam column in the June issue of the Allen Letter professional journal; just as we did Mac McClanahan in the May issue. In two weeks our industry/asset class, in the Midwest, has lost two of its’ most honorable and beloved businessmen.

***