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Clayton Homes established its own mortgage company in 1974 and added a manufacturing division in 1975. [14] The company went public in 1983, trading on the New York Stock Exchange . [ 15 ] [ 14 ] Each year from 1989 through 1992, Clayton Homes was named on the Forbes list of the best small companies in America. [ 16 ]
As productivity increased, the company expanded into home delivery and wholesale supply to area hotels, then part of Western North Carolina's nascent tourism industry. Imported from the UK (specifically from the Channel Islands), Jersey cows, known for producing high-quality milk, comprised the original Biltmore Farms herd. Biltmore cattle were ...
Elm Court was built as the Berkshire summer home of William Douglas Sloane and Emily Thorn Vanderbilt, a member of the wealthy American Vanderbilt family. Designed by premier architectural firm Peabody and Stearns , with gardens and landscape design by Frederick Law Olmsted , Elm Court is the largest Shingle style house in the United States ...
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect." [2] Despite the formal definition, mobile ...
Biltmore Estate is a historic house museum and tourist attraction in Asheville, North Carolina, United States.The main residence, Biltmore House (or Biltmore Mansion), is a Châteauesque-style mansion built for George Washington Vanderbilt II between 1889 and 1895 [2] and is the largest privately owned house in the United States, at 178,926 sq ft (16,622.8 m 2) of floor space and 135,280 sq ft ...
On July 1, 2008, the company announced the sale of its home lending division to Lone Star Funds for $1.5 billion in cash and the assumption of $4.4 billion in debt and the sale of its manufactured housing loan portfolio, with a face value of $470 million in loans, to Vanderbilt Mortgage and Finance for approximately $300 million. [17] [18]
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