Industry Happenings

INDUSTRYhappenings

Transactions Huntington Beach Community Changes Hands

242-unit condominium manufactured housing community for about $5.4 million.

Skandia Mobile Country Club, a 167-unit mobile home property in Huntington Beach, Calif., has been sold for $58 million, or $347,305 per space, according to adviser and brokerage firm Marcus & Millichap. Skandia was built in 1963 over 17 acres and offers residents a community pool, spa, game room, and clubhouse with a full kitchen. The community is two miles from the beach, and within walking distance of the Bella Terra outdoor shopping mall, a downtown farmers market, and popular bars and restaurants.

Firm Buys 50% in Canadian ‘Condo’ Community

Firm Capital Property Trust has purchased 50% interest in Hidden Creek Condominium in McGregor, Ontario a

Beech Hill residents purchased their community for $1 million.

Residents of N.H. Community Purchase Park

Homeowners in Beech Hill Mobile Home Park recently purchased their 25-unit property, making it New Hampshire's 137th resident-owned community. Residents used training and technical assistance from the New Hampshire Community Loan Fund's ROC-NH™ team, and organized a co-op to negotiate with the park's owner to reach a $1 million deal.

Patrick Industries Buys Georgia Trailer Maker

Elkhart-based Patrick Industries, a major supplier to RV and manufactured housing, has purchased Nashville, Ga.-based Coyote Manufacturing, a designer and fabricator of steel and aluminum trailers for boats, as well as towers, T-tops, leaning posts, and other custom components, primarily for the marine market.

Capital Square 1031 Buys Vero Community

Midway Estates, a 183-site 55+ manufactured housing community in Vero Beach, Fla., has sold to Capital Square 1031 for nearly $13 million. The community sits on 28 acres near Highway 1 between Orlando and Fort Lauderdale, and has a pool, shuffleboard, and clubhouse.

Community Owner Partner to Help Grade School Students

RHP Properties, the nation's largest private owner and operator of manufactured home communities, will give $10,000 each to support schools in Maine and Florida through AdoptAClassroom.org. AdoptAClassroom.org is a national nonprofit that provides funding for U.S. Pre K-12 teachers and schools to purchase materials and tools for their students to learn and succeed. This is the fourth classroom RHP Properties has adopted through the program, with a total of $40,000 of donations to date.

Hometown America Purchases a Pair of California Communities

nities. The off market deal was closed with no financing contingencies. In eight years, Parkway Communities has expanded to own and operate 17 manufactured home communities in nine states.

Personnel Yale Names Land Sales Director

Mitch Gonzalez has been promoted from transaction manager to head of land sales and development at Yale Realty & Capital Advisors. Gonzalez will oversee the booming demand for land development, with more than 1,100 listings for to-be-built sites with three proposed projects in Florida, as well as similar endeavors nationwide.

Diamond K Estates in Roseville, Calif., and Carman Ranch in Spring Valley, Calif., have been purchased by Hometown America for $79.5 million and $19 million, respectively. The new communities add more than 400 new homesites to Hometown America’s portfolio.

Flagship Makes Illinois Purchase

Flagship Communities has purchased Woodland Acres, a 231-unit manufactured housing community in Springfield, Ill., for $16.3 million. The community sits on 50 acres and is near the highway and shopping.

Parkway Communities Acquires Ponderosa MHP

Ponderosa Mobile Home Park, a mid-sized community of about 100 spaces in Haltom City, Texas in the Dallas-Ft. Worth MSA, has been purchased by Parkway Commu-

Honors Affordable Housing Honor Awarded in Ohio

The winner of an affordable housing design competition is a two-story home featuring a front porch conservatory that can be converted into living space as a family grows. The prizewinners, Tim Lai AchirtecT, Titan Facility Services, and COhatch, get $50,000 and have the opportunity to contract with the Central Ohio Community Land Trust to build a version of the home on a pair of lots, one at Hilltop and the other in Whitehall. More than 30 design teams entered the competition sponsored by Neighborhood Design Center, the Central Ohio Community Improvement Corporation, the City of Columbus, the Franklin County Board of Commissioners, the American Institute of Architects (AIA) Columbus, and the Building Industry Association of Central Ohio.

“I’m thrilled to see the winning design for the Next Home 2021 Design Competition that will serve as a model for other future low-cost construction projects throughout the Central Ohio region,” Columbus City Councilmember Shayla Favor said. “As we continue to seek out innovative and affordable options to address our housing challenges, we know that partnerships such as this will be critical to our success.”

Alabama Association Names Persons of the Year

The Alabama Manufactured Housing Association presented Person of the Year awards to Jonathan Turner for 2020 and Bart Mercer for 2021 during the Manufactured Housing Multi-State Convention held in Orange Beach, Ala. The state’s Person of the Year Award is among the longest running and most prestigious awards given to members of the manufactured housing industry. Mercer has more than 30 years of experience and is the vice-president of Jenilyn’s Creations, Inc. and the president of Mercer Property Management, Inc. He serves on the Alabama Manufactured Housing board of directors where he has been chairman for three years. Turner has worked in finance at Dave Carter and Associates since 1997, and has been a board member of the AMHA since 2008.

In Memoriam Industry Mourns Loss of SECO Organizer

Genevieve Ketelle, a manufactured housing professional and longtime organizer for the SECO Conference has passed away after an extended illness. Ketelle, 53, was instrumental in the success of SECO, an annual conference for community owners held in the Atlanta area for more than a decade. She was always willing to take on a new challenge and was a real pleasure to be around. She moved from Atlanta to Quebec in late 2020 to be with her very close family. She is the daughter of the late Paulette Nothomb and Marcel Ketelle. She is survived by her children Isabelle and Samuel, her sister, Isabelle, and brother, Timothée, her sister-in-law Marjolaine and brother-in-law Patrick, her nephews Tommy, Zachary, Kylian, and Alix, her cousin Sandrine (François), her cousin Benjamin (Hélène), her aunt Arlette, as well as many other relatives and friends. Sympathies can be expressed through a donation to the Quebec Cancer Foundation.

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Tim Lai AchirtecT, Titan Facility Services, and COhatch won an affordable housing design award the provides $5,000 and the opportunity to show two new homes.