Community Updates

By:  Dale StromThis is the sixth and final part of a series of a private owner of a Manufactured Home Community willingly attempting to sell that Community to an Association of tenants within that Community. Riverbend MHP is a 39 space community located within the city limits of Clatskanie, OR.The…

Just over a year ago a story broke on the Sunday front page of 'The Eugene Register Guard' about several elderly residents in a Eugene park who claimed to have been swindled by one or more persons affiliated with the park management.  The community became the topic of discussion in legislative…

By: Mark Weiner      CFO, Monolith Properties       E-mail:  mark@monlithparks.com.        Phone:  916-292-9473. The world of commercial mortgage can be quite intimidating for those who only enter the arena every ten years or so when their loan reaches maturity. Luckily for us MHCO members there…

Wells Fargo has released the 13th Edition of its Manufactured Home Community Financing Handbook created by Tony Petosa (tpetosa@wellsfargo.com), Nick Bertino (nick.bertino@wellsfargo.com), and Erik Edwards (erik.edwards@wellsfargo.com) of Wells Fargo Multifamily Capital.  The latest edition of the…

Wells Fargo has released the 13th Edition of its Manufactured Home Community Financing Handbook created by Tony Petosa (tpetosa@wellsfargo.com), Nick Bertino (nick.bertino@wellsfargo.com), and Erik Edwards (erik.edwards@wellsfargo.com) of Wells Fargo Multifamily Capital.  The latest edition of the…

We crossed a significant threshold this week in the Oregon Legislature with a number of bills going to the legislative graveyard.  MHCO is tracking and working to defeat/pass a number of bills this session.  Rent Control (SB 608) was not the only bill that concerned MHCO this legislative session.  …

On February 28, 2019 SB 608 (rent control) was signed into law.  MHCO has received numerous questions regarding the new statute.  We asked MHCO Legal Counsel to review 10 of the most frequent questions and provide answers.  This is the first of many Q&As regarding Oregon's new law.  Click the…

 Oregon Governor Kate Brown has signed SB 608 (rent control) into law.  The new law is effective 2-28-19.  MHCO has reviewed the applicable MHCO forms and made significant changes.  We are still working on several forms - 5B, 5D and 50A.  We hope to them updated and on line in the next couple of…

We are now wrapping up week 3 of the 2019 Oregon Legislative Session.  A lot of new legislative proposals have been submitted making this one of the most active legislative sessions in recent memory.  The Senate this week passed the most sweeping changes to Oregon Landlord-Tenant law in three…

  The Oregon Legislature has scheduled a public hearing on SB 608 (Rent Control - Elimination of No Cause Eviction) for Monday, February 4, 2019 at 3 PM at the Oregon State Capitol, Hearing Room 'B', Oregon Senate Committee on Housing.This is an "all hands on deck" for owners of manufactured…