Manufactured Home News: Sun Communities Looking To Add Hundreds More Homes in South Carolina – Legacy Housing Chairman Sells Shares of Company’s Stock – Ohio Manufactured Home Program Celebrates Five Years
Developer to Expand Footprint – The developers behind one of South Carolina’s best known mobile home parks are looking to expand their Horry County footprint with a second site along U.S. Highway 501.
Sun Communities – which manages Carolina Pines Resort – is hoping to build 348 more units near Aynor.
Sun’s “biggest scope of business is manufactured homes, and they do a really good job at it,” Mike Wooten, a principal of DDC Engineers, told the Horry County Planning commission. “The architecture is such that now they have the ability to do the same design standards as a single family home, and they are really good properties.”
Carolina Pines opened at 5800 S.C. Highway 90 in July with 450 sites, but plans call for a total of 841 lots once fully built out.
Since 2010, Sun Communities has acquired $11.7 billion worth of property, according to the company’s latest financial disclosures.
Chairman Hodgson Sells14,568 Shares of Legacy Housing Stock
According to a report by MarketBeat News, Chairman Curtis Drew Hodgson sold 14,568 shares of the company’s stock in a transaction on Tursday, January 3rd. The stock was sold at an everage price of $18.67, for a total value of $271,984.56. Following the sale, the Chairman now owns 1,709,018 shares of the company’s stock, valued at approximately $31,907,366.06. The sale was disclosed in a filing with the Securities & Exchange Commission.
According to the report, Curtis Drew Hodgson also has made 9 similar trades of Legacy Housing stock beginning in October 2022.
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks. As well as a range of homes, including 1 to 5 bedrooms with 1 to 31/2 bathrooms.
Ohio MHP Improvements Focussed on The Future – After it was transferred to the Ohio Department of Commerce five years ago, the manufactured Homes Program (MHP) has implemented technology to make it easier for the industry to do business in Ohio and help educate consumers about what’s needed to pursue this affordable housing option.
“While the Department is proud of the improvements it has made in the last five years, the Manufactured Home program is focused on the future,” said Commerce Director Sherry Maxfield. “We will continue to seek ways to ensure affordable and safe manufactured housing remains accessible for all Ohioans.
The Manufactured Homes program has jurisdiction over the installation of manufactured homes, the development and maintenance of manufactured home parks and sales of manufactured housing in Ohio. As of 2022, there are 618 dealers, brokers and salespersons of manufactured homes combined. There are also 143 installers, 1,541 park operators, 43 inspectors and 13 inspection agencies.
Source: The Highland County Press,