KORT & SCOTT UNIT FILES FOR BANKRUPTCY
After being sued for neglect, owner of North Long Beach mobile home park files for bankruptcy
After being sued for neglect, owner of North Long Beach mobile home park files for bankruptcy
Sunnyvale Torpedos Mobile Home Park
MEADOW LANE RESIDENTS PURCHASE MH PARK The residents of Meadow Lane Park (MLP), Alexandria Bay, New York, are pleased to announce the formation of Meadow Lane Park, Inc., a New York Not-For-Profit Corporation, and the successful closing of the purchase of the park. The park is an 87-site seasonal park located on the river front … Read more
SARGENT TESTIFIES IN HUMBOLDT MHP RENT INCREASE HEARING Assisting resident group attorney Bruce Stanton, Deane Sargent provided expert witness testimony before a Hearing Officer engaged by Humboldt County in response to a Rent Increase Application by the owner of Ocean West (OW) Senior Village, McKinleyville. The Owner of OW submitted a petition for the right … Read more
OJAI VALLEY TURNS BACK RENT CONTROL CHALLENGE The resident group at Ojai Valley Estates, Ojai, CA is pleased to announce that they have successfully defended their rent control status from a Discretionary Rent Increase Application by their park owner. The park owner requested that the Mobile Home Park Rent Review Board of Ventura County approve … Read more
Mobile Home Case to Change California Law Posted By Allen, Semelsberger & Kaelin LLP, San Diego, CA || 19-Jan-2017 The residents of a San Diego mobile home park, Terrace View Mobile Home Estates (“Terrace View”), recently won a case which will change the law in California. The residents of a San Diego mobile home park, … Read more
The Homeowners Association of Blue Pacific Mobile Home Park, Aptos, Ca, has refinanced the loan they used to purchase their mobile home park in 2011. The original loan was guaranteed by HUD/FHA and was a 40-year, fixed rate, fully amortizing loan for about $5,600,000. Almost 85% of the residents in the 100 home site park … Read more
In April 2016, I was asked to make a presentation to a workshop for Affordable Housing Nonprofit Corporation (501 (c)(3)). Those groups are interested in buying and possibly rehabilitating mobile home parks. There is money available from the State of California to assist in this task. But they have no clue as to how to … Read more
RESIDENTS REFINANCE MH PARK The resident group at Palm Terrace MHP, Aptos, CA are pleased to announce that they have completed the refinance of their existing first mortgage loan. The group (Palm Terrace Mobilehome Owners Association, Inc. – PTHOA) purchased the park in 2006. The park, which has 48-sites and a clubhouse, was built in … Read more
The resident group at Country Villa MHP, Soquel, CA is pleased to announce the successful completion of the purchase of their mobile home park, through their resident-owned mutual benefit corporation, Country Villa MH Owner’s Association (CVMHOA). The purchase arose out of discussions with the park owner, who was interested in retiring from the MHP business. … Read more