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In Massachusetts, mobile home park owner Tom Lennon came under fire for raising mobile home lot rent by nearly 150%. In February, the monthly rent at his West Street Village Mobile Home Community ...
Warish, a 10-year resident of the manufactured housing community, more commonly known as mobile home or trailer parks, doesn’t play the Powerball, but she and other residents have long wished ...
Mobile home parks in the U.S. have become an attractive investment for financial firms such as Carlyle Group, Apollo Global Management and TPG Capital. [14] [3] [2] In the early 2020s, an individual mobile home park can be sold in the tens of millions of dollars. [15] Over 100,000 US mobile home sites were estimated to be owned by large firms ...
Leap says it would cost an average of $100,000 per lot to buy the land under the homes. Most of that would be paid by taxpayers: Leap’s application asks the federal government for $13.5 million ...
In order to avoid an owner of multiple lots (who likely own the lots for resale or rental property) controlling the HOA's operation (to the detriment of those owners who only own a single lot or two contiguous lots as a current or future residence or vacation home), the Bylaws may limit all owners (regardless of the number of lots owned) to one ...
Each resident or resident household has membership in the co-operative association. In non-equity cooperatives, members have occupancy rights to a specific suite within the housing co-operative as outlined in their "occupancy agreement", or "proprietary lease", [5] which is essentially a lease. In ownership cooperatives, occupancy rights are ...
As an alternative, a community-owned store was organized and shares were sold to community residents. $500,000 was raised by about 600 residents who made an average investment of $800. The store, Saranac Lake Community Store, opened in October 29, 2011, in remodeled facilities in downtown Saranac Lake.
Caring.com analyzed CMS data on the more than 14,000 nursing home facilities in the U.S. to illustrate where family councils and their resident-led counterparts are most common and how families ...