Blog # 415 Copyright 2016 COBA7® @ 25 September 2016: community-investor.com
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 report & 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 = to ‘Not only inform & opine, but transform & improve MHBusiness Model Performance!’
ANNOUNCEMENT: There’s every likelihood there won’t be a blog posting on Sunday, 2 October 2016. Sorry, but we’ll attempt to ‘make up for it’ the following week….
Official HUD-Code Housing Shipment Report!
Tired of reading conflicting ‘HUD-Code housing shipment reports’ each month from manufactured housing’s ‘national advocacy’ trade entities? Well, so are several federal agencies, HUD-Code home manufacturers, land-lease-lifestyle community owners/operators, and others.
Specifically, the Official HUD-Code Housing Shipment Report is prepared monthly, using information purchased from the Institute for Building Safety & Technology. It’s presently distributed to 25 MHIndustry & LLLCommunity leaders, as well as GSEs and other interested parties.
Open and read the attached (to this blog posting) Official HUD-Code Housing Shipment Report. If you’d like to receive for this seminal data document, reply by email or the Official MHIndustry HOTINE: (877) MFD-HSNG or 633-4764.
This is one more way COBA7® serves the research and reporting needs of the MHIndustry and LLLCommunity real estate asset class. Are you affiliated with COBA7®?
Rising Acquisition Value of LLLCommunities to Decline Soon, or Continue as Contrarian?
You decide – after reading this Press Release, quoted from the Sept/Oct issue of the JOURNAL OF PROPERTY MANAGEMENT, page # 3.
“U.S. commercial real estate prices may decline as much as five percent in the next 12 months amid tightened regulations, a surge of debt maturities and property sales by publicly traded landlords, according to a new report from Pacific Investment Management, a.k.a. PIMCO. The study speculates a worldwide increase in demand for U.S. property investment may ebb, as slowing growth in China, lower oil prices and displaced debt markets threaten to curb six years of price expansion. PIMCO says a real estate shakeout may present opportunities, allowing some buyers to grab properties at bargain prices.”
“In an earlier report, Moody’s Investors Service and Real Capital Analytics estimated commercial property values in big U.S. cities have slipped three percent in the past three months.”
“Market turmoil also has harmed real estate investment trusts (REITs), with companies’ shares trading at prices that undervalue their holdings and spurring leading REITs to become net sellers.”
What do you think?
ALLEN REPORT (#28) Questionnaires Due Back to COBA7® on or before 30 September!
Don’t be left off this year’s 28th annual ALLEN REPORT!. Return your completed questionnaire on or before 30 September, via fax to (317) 346-7158 or mail: GFA c/o Box # 47024, Indianapolis, IN. 46247.
If you or your firm owns and or fee-managed five or more LLLCommunities, or at least 500 rental homesites (MH & RV), but have not received a questionnaire to use to describe your unique property portfolio, phone the number in the previous paragraph and request it, or email via firstname.lastname@example.org
There are some new features planned for this (2017) year’s 28th annual ALLEN REPORT, but to realize them, we need at least 25% of the known 500+/- ‘portfolio players’ to participate. Hands down, this is the most frequently referenced compendium of MHIndustry & LLLCommunity benchmark statistics, anywhere, anytime. So, ensure your firm is included in this valuable Signature Series Resource Document or SSRD – one of 12 updated monthly, for you, by the Community Owners (7 Part) Business Alliance®, or COBA7®. Don’t be fooled by amateur imitations.
National Customer Service Week
Are we celebrating National Customer Service Week (3-7 October 2016) in the MHIndustry and throughout the LLLCommunity real estate asset class? Didn’t think so.
We should be! It’d be a step ‘in the right direction’ toward improved public image, and promotion of truly affordable (non-subsidized) housing that only the HUD-Code manufactured housing industry provides. Hmm. Wonder of our ‘national advocates’ are paying attention? If so, perhaps we’ll climb aboard the National Customer Service Week bandwagon this time next year.
All Roads Lead to Atlanta, 26 & 27 October
Already more than 200 registrants committed to attend the 6th annual SECO (‘Southeast Community Owners) ‘Summit in the South’, in Atlanta, GA., 26 & 27 October 2016. Are you one of them? I am. For more information, reach out to Genevieve@roane.com Why go? A load of informative seminars and at least a half dozen Community Series Homes to inspect – and purchase, while at the SECO event.
MHI’s NCC Leadership Forum,
in Chicago, 2 & 3 November
This annual event will interest some property portfolio players; but by now, just as many – if not more folk, are meeting fatigued! After all, with the 25th anniversary Networking Roundtable in September, the 6th annual SECO Summit in the South during October – and the exciting Lease-option program coming up three days later in Iowa, many will have absorbed as much knowledge as one can handle.
By the way, have you noticed how the meetings identified in the previous paragraph (except for NCC’s Leadership Forum) are rarely, if ever, mentioned in the published schedules coming out of either ‘national advocacy’ entity? COBA7®, as a ‘national resource’ entity, routinely lists as many regional and national trade gatherings as possible – whether sponsored by a ‘national advocacy’ entity or not. Wonder why?
If interested in attending NCC’s Leadership Forum, phone (703)558-0400 or 0666
Lease-option ‘Comes of Age’ in Iowa @ 6 November
This one day session has been ‘in the making’ for some time now. LLLCommunity owner/operator Spencer Roane, MHM®, the MHIndustry’s national expert on ‘lease-option methodology’ has presented this timely topic at past networking roundtables (CA & TN), during SECO Summits in the South (GA), and most recently, at the Two Days of Plant Tours & Home Sales Seminars in Elkhart, IN.
Now he’s been invited to Iowa to ‘splain’ the methodology in detail, to land-lease-lifestyle community (a.k.a. manufactured home community) owners/operators from that and surrounding states. Want to attend? Contact Joe Kelly via (515) 265-1497. I certainly plan to be present for this presentation!
26th annual Networking Roundtable!
Mark your calendar NOW. The next International Networking Roundtable will occur, 6-8 September. Location TBA, but areas being considered: AZ, IN, & VA. Any suggestions? Let us know via Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764.