Market Updates
Oregon’s latest rent control proposal…Senate Bill 555
February 19, 2013 by parkguy1 · Leave a Comment
Courtesy of MHCO… “For those of you interested in seeing what the Oregon Legislature is up to, here is a link to the most recent rent control bill introduced in the Oregon Senate last week: PDF of Senate Bill 555. Warning: This is one of the most onerous rent control bills to be proposed in […]
Santa Monica CA Mobile Home Park approved for closure / redevelopment
November 16, 2012 by parkguy1 · Leave a Comment
Ending six years of negotiations, City Council votes 4-2 in favor of hundreds of new apartments being built at Santa Monica’s last remaining mobile home parks. Read more here.
San Juan Capistrano mobile home park sells for $8.25MM.
October 27, 2012 by parkguy1 · Leave a Comment
A longtime battle between Capistrano Terrace Mobile Home Park residents and the park’s former owner, who sought to shut it down, has drawn to a close following an $8.25 million nonprofit purchase of the property. Read full article here.
Judge sides with Orange County California mobile home park owner
July 2, 2012 by parkguy1 · Leave a Comment
By Mona Shadia… An Orange County Superior Court judge ruled against Huntington Beach and sided with a mobile home park owner looking to convert the land from rentals to for-sale. Pacific Mobile Home Park filed a lawsuit in August claiming the city broke the law when it turned down the park owner’s request to convert the land […]
Assembly Bill 317 would benefit mobile home parks in “second home” locations.
April 23, 2012 by parkguy1 · Leave a Comment
Assembly Bill 317, which passed the state Assembly in January and is sponsored by Assembly Majority Leader Charles Calderon, would exempt mobile homes from rent control ordinances if the mobile home is not the owner’s only residence. Read article here
Yucaipa, CA mobile home parks must remain 55+ (senior)
February 20, 2012 by parkguy1 · Leave a Comment
Four mobilehome park owners in Yucaipa, California appeal the dismissal of their suit under the Fair Housing Amendments Act of 1988 (“FHAA”) challenging a city zoning ordinance prohibiting any mobilehome park currently operating as senior housing from converting to all-age housing. Because the FHAA is silent on whether such senior-housing zones are permissible and because […]
San Juan Capistrano, CA – Deal pending for residents to buy mobile-home park
November 19, 2011 by parkguy1 · Leave a Comment
BY FRANK SHYONG / THE ORANGE COUNTY REGISTER Residents and the owner of a San Juan Capistrano mobile-home park mired in bankruptcy proceedings are considering a deal that would allow the residents to purchase the park – potentially ending a years-long struggle over the property’s control and maintenance. The approximately 300 residents of Capistrano Terrace Mobile […]
Owners of Troubled Capistrano Terrace (Orange County CA) Mobile Home Park File Bankruptcy
July 17, 2011 by parkguy1 · Leave a Comment
By Jonathan Volzke The owners of Capistrano Terrace Mobile Home Park in San Juan Capistrano have filed bankruptcy, the latest twist in the saga of the 60-year-old park where residents already faced the prospect of losing their homes. In a news release issued Friday, owners of the park, Capistrano Terraces Ltd., said they were forced […]
Huntington Beach CA Mobile Home Park – Council strikes down mobile home park’s subdivision plan
June 12, 2011 by parkguy1 · Leave a Comment
A proposal that would have allowed a mobile home park at Huntington Street and Atlanta Avenue to convert from rentals to for-sale units was denied this week by the Huntington Beach City Council. With a 6-1 vote, the council upheld Monday a Planning Commission recommendation to stop the park from subdividing the land. Councilman Devin […]
Capitola CA Mobile Home Park – Council Approves Sale of Castle Mobile Estates
June 11, 2011 by parkguy1 · Leave a Comment
Written by Daniel Wootan At Thursday’s meeting, the Capitola City Council approved the sale of Castle Mobile Estates to Millenium Housing for $8.25 million from owner Abraham Keh. Millenium is a nonprofit organization that offers affordable housing to people throughout California by purchasing and rejuvenating mobile home parks and apartment buildings. It owns 17 parks […]
