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Tag: manufactured homes

Cavco Industries Hosts Virginia Governor Spanberger for Landmark Manufactured Housing Bill Signing

New zoning laws set to expand placement of manufactured homes statewide, effective July 1
New zoning laws set to expand placement of manufactured homes statewide, effective July 1

Legacy Housing Corporation Reports Second Quarter 2025 Financial Results

BEDFORD, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the second quarter ended June 30, 2025.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2025

FREEHOLD, NJ, Aug. 06, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH) reported Total Income for the quarter ended June 30, 2025 of $66.6 million as compared to $60.3 million for the quarter ended June 30, 2024, representing an increase of 10%. Net Income Attributable to Common Shareholders amounted to $2.5 million or $0.03 per diluted share for the quarter ended June 30, 2025 as compared to Net Income Attributable to Common Shareholders of $527,000 or $0.01 per diluted share for the quarter ended June 30, 2024. Normalized Funds from Operations Attributable to Common Shareholders (“Normalized FFO”), was $19.5 million or $0.23 per diluted share for the quarter ended June 30, 2025, as compared to $16.8 million or $0.23 per diluted share for the quarter ended June 30, 2024.

Firm Capital Property Trust Reports Q2/2025 and YTD Results

SALE OF INVESTMENT PROPERTIES FOR GROSS PROCEEDS OF $15 MILLION
SAME PROPERTY NOI INCREASE
NAV GROWTH AND DECLINING AFFO PAYOUT RATIO

Sun Communities Reports Results for the Second Quarter and First Six Months of 2025

Net Income per Diluted Share of $10.02 for the Quarter, inclusive of Income from Discontinued Operations

Helpful information about PENNVEST program now available on PHFA podcast

PENNVEST program assists Pennsylvania homeowners with sewer and septic system costs HARRISBURG, Pa., July 30, 2025 /PRNewswire/ -- The latest episode of PHFA's "Close To Home"...

Sound Financial Bancorp, Inc. Q2 2025 Results

SEATTLE, July 29, 2025 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (the "Company") (Nasdaq: SFBC), the holding company for Sound Community Bank (the "Bank"), today reported net income of $2.1 million for the quarter ended June 30, 2025, or $0.79 diluted earnings per share, as compared to net income of $1.2 million, or $0.45 diluted earnings per share, for the quarter ended March 31, 2025, and $795 thousand, or $0.31 diluted earnings per share, for the quarter ended June 30, 2024. The Company also announced today that its Board of Directors declared a cash dividend on the Company's common stock of $0.19 per share, payable on August 25, 2025 to stockholders of record as of the close of business on August 11, 2025.  

Legacy Housing Corporation Announces Timing of Second Quarter 2025 Earnings Release and Conference Call

BEDFORD, Texas, July 28, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the second quarter ended June 30, 2025, after markets close on Thursday, August 7, 2025. The Company will then host a conference call at 10:00 a.m. Central Time on Friday, August 8, 2025.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2026 First Quarter Earnings Release and Conference Call Webcast

PHOENIX, July 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended June 28, 2025 on Thursday, July 31, 2025 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 1, 2025 at 1:00 p.m. Eastern Time.

ELS Reports Second Quarter Results

Continued Strong Performance CHICAGO, July 21, 2025  /PRNewswire/ -- Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as "we," "us," and "our") today announced...

Cavco Industries Announces Planned Acquisition of Manufactured Home Builder and Retailer, American Homestar Corporation

PHOENIX, July 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") announced today that it has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries (collectively, "American Homestar"), a Houston-based company best known in the market as Oak Creek Homes. American Homestar operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. With 800 employees, revenues for the twelve months ended May 31, 2025 were $194 million, net income was $16.6 million and earnings before interest, taxes, depreciation, amortization, and other income ("Adjusted EBITDA") (non-GAAP)* was $17.8 million. During that time, American Homestar produced 1,676 homes.

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