NAI Horizon Blog http://naihorizonblog.com/?p=1897 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/lBjLASUWPMU/the-linneman-letter-winter-20172018 Market Trends Uncategorized The Linneman Letter – Winter 2017/2018 Dr. Peter Linneman discusses the status of recovery and growth in the market and policy impacts in this excerpt of the Winter 2017/2018 issue of the Linneman Letter. Click below to download! “Each day we wake up to the status quo &#8211; without a change in the outlook for flawed policy or an absence of excesses [&#8230;] Thu, 11 Jan 2018 17:12:46 Z http://naihorizonblog.com/the-linneman-letter-winter-20172018#respond NAI Horizon <p>Dr. Peter Linneman discusses the status of recovery and growth in the market and policy impacts in this excerpt of the Winter 2017/2018 issue of the Linneman Letter. Click below to download!</p> <p><em>“Each day we wake up to the status quo &#8211; without a change in the outlook for flawed policy or an absence of excesses &#8211; the end moves out one day further…”</em></p> <p><a href="http://www.naihorizonmarketing.com/NAIHorizonMarketing/LinnemanLetter_Winter2017-2018.pdf"><img class="aligncenter wp-image-1898 size-large" src="http://naihorizonblog.com/wp-content/uploads/2018/01/LLWinter2017-2018_Cover-731x1024.png" alt="" width="625" height="876" srcset="http://naihorizonblog.com/wp-content/uploads/2018/01/LLWinter2017-2018_Cover-731x1024.png 731w, http://naihorizonblog.com/wp-content/uploads/2018/01/LLWinter2017-2018_Cover-214x300.png 214w, http://naihorizonblog.com/wp-content/uploads/2018/01/LLWinter2017-2018_Cover-768x1075.png 768w, http://naihorizonblog.com/wp-content/uploads/2018/01/LLWinter2017-2018_Cover-624x874.png 624w, http://naihorizonblog.com/wp-content/uploads/2018/01/LLWinter2017-2018_Cover.png 1500w" sizes="(max-width: 625px) 100vw, 625px" /></a></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/lBjLASUWPMU" height="1" width="1" alt=""/> http://naihorizonblog.com/the-linneman-letter-winter-20172018/feed 0 http://naihorizonblog.com/the-linneman-letter-winter-20172018 2018-01-11 17:12 +00:00 2018-01-11 11:12 -06:00 http://naihorizonblog.com/?p=1890 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/lG9m3qK8UaE/q3-2017-office-market-report Market Trends Office Q3 2017 Office Market Report Click the image below for a quick overview of the Metro Phoenix Office Market. Wed, 15 Nov 2017 23:39:58 Z http://naihorizonblog.com/q3-2017-office-market-report#respond NAI Horizon <p style="text-align: center;">Click the image below for a quick overview of the Metro Phoenix Office Market.</p> <p style="text-align: center;"><a href="http://www.naihorizonmarketing.com/Research/Quarterly%20Phoenix%20Market%20Reports/2017/Q3/3Q_2017_OfficeReport.pdf"><img class="aligncenter wp-image-1891 size-medium" src="http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-2-254x300.jpg" alt="" width="254" height="300" srcset="http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-2-254x300.jpg 254w, http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-2-768x908.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-2-866x1024.jpg 866w, http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-2-624x737.jpg 624w" sizes="(max-width: 254px) 100vw, 254px" /></a></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/lG9m3qK8UaE" height="1" width="1" alt=""/> http://naihorizonblog.com/q3-2017-office-market-report/feed 0 http://naihorizonblog.com/q3-2017-office-market-report 2017-11-15 23:39 +00:00 2017-11-15 17:39 -06:00 http://naihorizonblog.com/?p=1867 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/atdtWnhm2AI/nai-horizon-sows-the-seeds-of-community-service-by-volunteering-at-2017-valley-partnership-community-project In the Community nai horizon Terry Martin-Denning Valley Partnership NAI Horizon sows the seeds of community service by volunteering at 2017 Valley Partnership Community Project For its 30th community project, development industry group Valley Partnership chose to build an urban garden at The Society of St. Vincent de Paul in Downtown Phoenix. NAI Horizon volunteers sowed the seeds of community service on a cool, overcast Saturday morning. Leading the team was Principal and CEO Terry Martin-Denning, who had the important job of working [&#8230;] Mon, 13 Nov 2017 21:16:32 Z http://naihorizonblog.com/nai-horizon-sows-the-seeds-of-community-service-by-volunteering-at-2017-valley-partnership-community-project#respond NAI Horizon <p>For its 30th community project, development industry group Valley Partnership chose to build an urban garden at The Society of St. Vincent de Paul in Downtown Phoenix.</p> <p>NAI Horizon volunteers sowed the seeds of community service on a cool, overcast Saturday morning. Leading the team was Principal and CEO Terry Martin-Denning, who had the important job of working the registration table as more than 300 volunteers took part.</p> <div id="attachment_1874" style="width: 310px" class="wp-caption alignleft"><img class="wp-image-1874 size-medium" src="http://naihorizonblog.com/wp-content/uploads/2017/11/sara-300x200.jpg" alt="" width="300" height="200" srcset="http://naihorizonblog.com/wp-content/uploads/2017/11/sara-300x200.jpg 300w, http://naihorizonblog.com/wp-content/uploads/2017/11/sara-768x512.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/11/sara-1024x683.jpg 1024w, http://naihorizonblog.com/wp-content/uploads/2017/11/sara-624x416.jpg 624w, http://naihorizonblog.com/wp-content/uploads/2017/11/sara.jpg 1296w" sizes="(max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">NAI Horizon&#8217;s Sarah Stecko (right) helps make scarecrows.</p></div> <p>Also volunteering their time were NAI Horizon office professionals Jeff Adams, Logan Crum, Michael Gaida, Laurel Lewis and Sarah Stecko.</p> <p dir="LTR" align="LEFT">More than 100 corporate sponsors helped raise $200,000 toward the community project. Work included building raised planter beds, laying pavers, building a chicken run, building an outdoor classroom and a meditation area, and planting fruit-bearing trees.</p> <p dir="LTR" align="LEFT">One of Valley Partnership’s cornerstones is community service. Each year, it selects a non-profit organization that can benefit from the skills, efforts and supplies provided by its partners to renovate and enhance facilities for children and those in need. Valley Partnership has now contributed more than $4.5 million to the community through these projects.</p> <p dir="LTR" align="LEFT"><img class="alignright wp-image-1875 size-medium" src="http://naihorizonblog.com/wp-content/uploads/2017/11/nai-sign-300x225.jpeg" alt="" width="300" height="225" srcset="http://naihorizonblog.com/wp-content/uploads/2017/11/nai-sign-300x225.jpeg 300w, http://naihorizonblog.com/wp-content/uploads/2017/11/nai-sign-768x576.jpeg 768w, http://naihorizonblog.com/wp-content/uploads/2017/11/nai-sign-1024x768.jpeg 1024w, http://naihorizonblog.com/wp-content/uploads/2017/11/nai-sign-624x468.jpeg 624w" sizes="(max-width: 300px) 100vw, 300px" />In July, Valley Partnership announced at a surprise party that St. Vincent de Paul was the 2017 recipient.</p> <div id="attachment_1876" style="width: 310px" class="wp-caption alignleft"><img class="wp-image-1876 size-medium" src="http://naihorizonblog.com/wp-content/uploads/2017/11/Visions-in-Photography_Valley-Partnership-Urban-Garden-175-300x200.jpg" alt="" width="300" height="200" srcset="http://naihorizonblog.com/wp-content/uploads/2017/11/Visions-in-Photography_Valley-Partnership-Urban-Garden-175-300x200.jpg 300w, http://naihorizonblog.com/wp-content/uploads/2017/11/Visions-in-Photography_Valley-Partnership-Urban-Garden-175-768x512.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/11/Visions-in-Photography_Valley-Partnership-Urban-Garden-175-1024x683.jpg 1024w, http://naihorizonblog.com/wp-content/uploads/2017/11/Visions-in-Photography_Valley-Partnership-Urban-Garden-175-624x416.jpg 624w, http://naihorizonblog.com/wp-content/uploads/2017/11/Visions-in-Photography_Valley-Partnership-Urban-Garden-175.jpg 1500w" sizes="(max-width: 300px) 100vw, 300px" /><p class="wp-caption-text">NAI Horizon&#8217;s Laurel Lewis (left) puts some muscle into sanding a picnic table.</p></div> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/atdtWnhm2AI" height="1" width="1" alt=""/> http://naihorizonblog.com/nai-horizon-sows-the-seeds-of-community-service-by-volunteering-at-2017-valley-partnership-community-project/feed 0 http://naihorizonblog.com/nai-horizon-sows-the-seeds-of-community-service-by-volunteering-at-2017-valley-partnership-community-project 2017-11-13 21:16 +00:00 2017-11-13 15:16 -06:00 http://naihorizonblog.com/?p=1882 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/CT7mKOCaweM/q3-2017-retail-market-report Market Trends Retail Q3 2017 Retail Market Report Click the image below for a quick overview of the Metro Phoenix Retail Market. Fri, 10 Nov 2017 19:29:39 Z http://naihorizonblog.com/q3-2017-retail-market-report#respond NAI Horizon <p style="text-align: center;">Click the image below for a quick overview of the Metro Phoenix Retail Market.<a href="http://www.naihorizonmarketing.com/Research/Quarterly%20Phoenix%20Market%20Reports/2017/Q3/3Q_2017_RetailReport.pdf"><img class="aligncenter wp-image-1884 size-medium" src="http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-1-254x300.jpg" alt="" width="254" height="300" srcset="http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-1-254x300.jpg 254w, http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-1-768x908.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-1-866x1024.jpg 866w, http://naihorizonblog.com/wp-content/uploads/2017/11/email_image-1-624x737.jpg 624w" sizes="(max-width: 254px) 100vw, 254px" /></a></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/CT7mKOCaweM" height="1" width="1" alt=""/> http://naihorizonblog.com/q3-2017-retail-market-report/feed 0 http://naihorizonblog.com/q3-2017-retail-market-report 2017-11-10 19:29 +00:00 2017-11-10 13:29 -06:00 http://naihorizonblog.com/?p=1859 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/XA7msdCOqAE/q3-2017-industrial-market-report Industrial Market Trends Q3 2017 Industrial Market Report Click the image below for a quick overview of the Metro Phoenix Industrial Market. Tue, 31 Oct 2017 20:56:13 Z http://naihorizonblog.com/q3-2017-industrial-market-report#respond NAI Horizon <p style="text-align: center;">Click the image below for a quick overview of the Metro Phoenix Industrial Market.<a href="http://www.naihorizonmarketing.com/Research/Quarterly%20Phoenix%20Market%20Reports/2017/Q3/Industrial/3Q_2017_IndustrialReport.pdf"><img class="aligncenter wp-image-1862 size-medium" src="http://naihorizonblog.com/wp-content/uploads/2017/10/email_image-254x300.jpg" alt="" width="254" height="300" srcset="http://naihorizonblog.com/wp-content/uploads/2017/10/email_image-254x300.jpg 254w, http://naihorizonblog.com/wp-content/uploads/2017/10/email_image-768x908.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/10/email_image-866x1024.jpg 866w, http://naihorizonblog.com/wp-content/uploads/2017/10/email_image-624x737.jpg 624w" sizes="(max-width: 254px) 100vw, 254px" /></a></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/XA7msdCOqAE" height="1" width="1" alt=""/> http://naihorizonblog.com/q3-2017-industrial-market-report/feed 0 http://naihorizonblog.com/q3-2017-industrial-market-report 2017-10-31 20:56 +00:00 2017-10-31 15:56 -05:00 http://naihorizonblog.com/?p=1852 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/FB_sY4hDrM4/the-linneman-letter-fall-2017 Market Trends Retail The Linneman Letter – Fall 2017 Dr. Peter Linneman discusses the condition of the brick and mortar retail market in this excerpt of the Fall 2017 issue of the Linneman Letter. Click below to download! “Investors today are panicked that brick and mortar retail is dead. Yet research shows that over 50% of online sales are occurring through brick retailers&#8230;” Mon, 09 Oct 2017 20:58:30 Z http://naihorizonblog.com/the-linneman-letter-fall-2017#respond NAI Horizon <p>Dr. Peter Linneman discusses the condition of the brick and mortar retail market in this excerpt of the Fall 2017 issue of the Linneman Letter. Click below to download!</p> <p><em>“Investors today are panicked that brick and mortar retail is dead. Yet research shows that over 50% of online sales are occurring through brick retailers&#8230;”</em></p> <p><a href="http://www.naihorizonmarketing.com/NAIHorizonMarketing/LinnemanLetter_Fall2017.pdf"><img class="alignleft wp-image-1853 size-large" src="http://naihorizonblog.com/wp-content/uploads/2017/10/LLFall2017_Cover-731x1024.png" alt="" width="625" height="876" srcset="http://naihorizonblog.com/wp-content/uploads/2017/10/LLFall2017_Cover-731x1024.png 731w, http://naihorizonblog.com/wp-content/uploads/2017/10/LLFall2017_Cover-214x300.png 214w, http://naihorizonblog.com/wp-content/uploads/2017/10/LLFall2017_Cover-768x1075.png 768w, http://naihorizonblog.com/wp-content/uploads/2017/10/LLFall2017_Cover-624x874.png 624w, http://naihorizonblog.com/wp-content/uploads/2017/10/LLFall2017_Cover.png 1500w" sizes="(max-width: 625px) 100vw, 625px" /></a></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/FB_sY4hDrM4" height="1" width="1" alt=""/> http://naihorizonblog.com/the-linneman-letter-fall-2017/feed 0 http://naihorizonblog.com/the-linneman-letter-fall-2017 2017-10-09 20:58 +00:00 2017-10-09 15:58 -05:00 http://naihorizonblog.com/?p=1841 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/J3xyjCHKm28/nai-horizons-laurel-lewis-in-work-and-life-climbing-every-mountain Broker Recognition In the Community Office Laurel Lewis NAI Horizon’s Laurel Lewis: In work and life, climbing every mountain Laurel Lewis, a Senior Vice President in the Officer Properties Group at NAI Horizon, works hard, plays hard, and gives back to the community. She was featured recently in the October issue of So Scottsdale Magazine in its Pulse/BEAT  section. The headline is indicative of the way Laurel approaches work and life: she truly climbs every mountain. Tue, 03 Oct 2017 18:09:02 Z http://naihorizonblog.com/nai-horizons-laurel-lewis-in-work-and-life-climbing-every-mountain#respond NAI Horizon <p>Laurel Lewis, a Senior Vice President in the Officer Properties Group at NAI Horizon, works hard, plays hard, and gives back to the community.</p> <p>She was featured recently in the October issue of So Scottsdale Magazine in its <em>Pulse/BEAT</em>  section.</p> <p>The headline is indicative of the way Laurel approaches work and life: she truly climbs every mountain.</p> <p><img class="aligncenter wp-image-1842 size-full" src="http://naihorizonblog.com/wp-content/uploads/2017/10/Laurel-Lewis.jpg" alt="" width="1257" height="1632" srcset="http://naihorizonblog.com/wp-content/uploads/2017/10/Laurel-Lewis.jpg 1257w, http://naihorizonblog.com/wp-content/uploads/2017/10/Laurel-Lewis-231x300.jpg 231w, http://naihorizonblog.com/wp-content/uploads/2017/10/Laurel-Lewis-768x997.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/10/Laurel-Lewis-789x1024.jpg 789w, http://naihorizonblog.com/wp-content/uploads/2017/10/Laurel-Lewis-624x810.jpg 624w" sizes="(max-width: 1257px) 100vw, 1257px" /></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/J3xyjCHKm28" height="1" width="1" alt=""/> http://naihorizonblog.com/nai-horizons-laurel-lewis-in-work-and-life-climbing-every-mountain/feed 0 http://naihorizonblog.com/nai-horizons-laurel-lewis-in-work-and-life-climbing-every-mountain 2017-10-03 18:09 +00:00 2017-10-03 13:09 -05:00 http://naihorizonblog.com/?p=1797 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/aAwnFjmWCHs/nai-horizon-planet-fitness-put-their-best-foot-forward-for-travis-manion-foundation-at-911-heroes-run-at-tempe-beach-park In the Community NAI Horizon, Planet Fitness put their best foot forward for Travis Manion Foundation at 9/11 Heroes Run at Tempe Beach Park NAI Horizon was proud to be a sponsor for the 9/11 Heroes Run to benefit the Travis Manion Foundation. Planet Fitness hosted the event as more than 850 runners turned out Saturday, Sept. 2, at Tempe Beach Park. In the above photo (left to right) are Heather Kelly, Travis Manion Foundation; Jessica Rice, Planet Fitness; [&#8230;] Mon, 11 Sep 2017 21:41:48 Z http://naihorizonblog.com/nai-horizon-planet-fitness-put-their-best-foot-forward-for-travis-manion-foundation-at-911-heroes-run-at-tempe-beach-park#respond NAI Horizon <p>NAI Horizon was proud to be a sponsor for the 9/11 Heroes Run to benefit the Travis Manion Foundation.</p> <p>Planet Fitness hosted the event as more than 850 runners turned out Saturday, Sept. 2, at Tempe Beach Park.</p> <p>In the above photo (left to right) are Heather Kelly, Travis Manion Foundation; Jessica Rice, Planet Fitness; Lt. Colonel Kevin Kelly, Planet Fitness; and Shelby Tworek and Gabe Ortega, NAI Horizon.</p> <p>Shelby, a Senior Vice President in Retail at NAI Horizon, competed in the 1-mile run with his family. Gabe, also a Senior Vice President in Retail at NAI Horizon, competed in the 5K run.</p> <p>All proceeds raised will go to the foundation, named after Travis Manion, a member of the U.S. Marine Corps who was killed in the line of duty in Iraq.</p> <p>His words before leaving for his final deployment to Iraq: &#8220;If Not Me, Then Who&#8230;&#8221;</p> <p>To learn more about the Travis Manion Foundation visit <a href="http://www.travismanion.org/">www.travismanion.org.</a></p> <p>&nbsp;</p> <p>&nbsp;</p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/aAwnFjmWCHs" height="1" width="1" alt=""/> http://naihorizonblog.com/nai-horizon-planet-fitness-put-their-best-foot-forward-for-travis-manion-foundation-at-911-heroes-run-at-tempe-beach-park/feed 0 http://naihorizonblog.com/nai-horizon-planet-fitness-put-their-best-foot-forward-for-travis-manion-foundation-at-911-heroes-run-at-tempe-beach-park 2017-09-11 21:41 +00:00 2017-09-11 16:41 -05:00 http://naihorizonblog.com/?p=1776 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/8zsCu04JYHs/fannie-mae-to-provide-mobile-home-financing-to-tenants Inside Perspectives Investment Market Trends mobile home industry nai horizon Russ Warner Fannie Mae to provide mobile home financing to tenants In what may soon be considered the most significant development in the manufactured housing industry in several decades, Jeffery R. Hayward, Fannie Mae&#8217;s Executive Vice President and Head of Multifamily, announced at the 2017 Manufactured Housing Communities of Arizona Conference (MHCA) in Chandler, Ariz., that Fannie Mae will soon be initiating a chattel lending program. Fannie Mae has been in [&#8230;] Wed, 05 Jul 2017 21:13:35 Z http://naihorizonblog.com/fannie-mae-to-provide-mobile-home-financing-to-tenants#respond Russ Warner <div id="attachment_1785" style="width: 3274px" class="wp-caption aligncenter"><img class="size-full wp-image-1785" src="http://naihorizonblog.com/wp-content/uploads/2017/07/436.jpg" alt="The aging of the mobile home stock and lack of dependable and economical chattel financing has resulted in the inability of many mobile home owners to replace older, substandard homes in rental parks." width="3264" height="2448" srcset="http://naihorizonblog.com/wp-content/uploads/2017/07/436.jpg 3264w, http://naihorizonblog.com/wp-content/uploads/2017/07/436-300x225.jpg 300w, http://naihorizonblog.com/wp-content/uploads/2017/07/436-768x576.jpg 768w, http://naihorizonblog.com/wp-content/uploads/2017/07/436-1024x768.jpg 1024w, http://naihorizonblog.com/wp-content/uploads/2017/07/436-624x468.jpg 624w" sizes="(max-width: 3264px) 100vw, 3264px" /><p class="wp-caption-text">The aging of the mobile home stock and lack of dependable and economical chattel financing has resulted in the inability of many mobile home owners to replace older, substandard homes in rental parks.</p></div> <div id="attachment_1788" style="width: 160px" class="wp-caption alignleft"><img class="wp-image-1788 size-thumbnail" src="http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1-150x150.png" alt="" width="150" height="150" srcset="http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1-150x150.png 150w, http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1-300x300.png 300w, http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1-768x768.png 768w, http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1-1024x1024.png 1024w, http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1-624x624.png 624w, http://naihorizonblog.com/wp-content/uploads/2017/07/WarnerCropColor-1.png 1568w" sizes="(max-width: 150px) 100vw, 150px" /><p class="wp-caption-text">Russ Warner | NAI Horizon</p></div> <p>In what may soon be considered the most significant development in the manufactured housing industry in several decades, Jeffery R. Hayward, Fannie Mae&#8217;s Executive Vice President and Head of Multifamily, announced at the 2017 Manufactured Housing Communities of Arizona Conference (MHCA) in Chandler, Ariz., that Fannie Mae will soon be initiating a chattel lending program.</p> <p>Fannie Mae has been in discussion for several months with manufactured housing industry professionals to develop a plan whereby it would provide a lending platform for federally insured chattel loans to mobile home buyers in land-rent mobile home parks.</p> <p>A pilot program is under development and is expected to be implemented in 2018. Paul Barretto of Fannie Mae Product Innovation and Affordable Lending reminded participants that <strong><u>public comments are due July 10, 2017</u></strong>.</p> <p>The decision to provide chattel financing for manufactured housing owners in land-rent parks was a result of the “Duty to Serve” provisions of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 as amended by the Housing and Economic Recovery Act of 2008.  This statute requires Fannie Mae and Freddie Mac to serve three specified underserved markets:  manufactured housing, affordable-housing preservation, and rural-housing markets.</p> <p>The aging of the mobile home stock and lack of dependable and economical chattel financing since Green Tree Financial faltered in the late 1990s has resulted in the inability of many mobile home owners to replace older, substandard homes in rental parks. Park owners typically lack the capital to acquire and finance the acquisition of new homes; tenants typically lack the financial ability to buy new homes for cash.</p> <p>Over the past several decades, homes built in the 1960s, 1970s and 1980s — when affordable chattel financing was available to mobile home owners — have deteriorated and/or have become obsolete.</p> <p>New mobile homes sales have been relatively tepid the past few years not because of the lack of demand, but because financing options have not been affordable to most end users. Often, chattel lenders require FICO scores above 650 or 700 for borrowers to qualify. The result has been that vacancies in many mobile home parks have not been filled and lower income citizens have not been served.</p> <p>The housing market recovery has pushed housing prices and apartment rents to new highs. And as the affordability of single-family homes and apartments has fallen, the pent-up demand for manufactured housing has risen.</p> <p>The development of an efficient financing vehicle will help improve the affordability and availability of manufactured housing, expand the supply of safe low-cost housing, and increase the need for skilled workers in the manufactured housing industry and the industry’s suppliers.</p> <p>A successful rollout of Fannie Mae&#8217;s chattel lending program will be a blessing to the industry and to those seeking more affordable and safe housing alternatives.</p> <p>Additional information is available from Susan Brenton, Executive Director of Manufactured Home Communities of Arizona. Susan has been directly involved, along with the MHCA board of directors in helping to provide public input for the Fannie May &#8220;Duty to Serve&#8221; Program.</p> <p>Susan can be reached at:       Susan Brenton<br /> Executive Director<br /> Manufactured Housing Communities Arizona<br /> Phone: 480.345.4202<br /> Email: <a href="mailto:susan@azmhca.com">susan@azmhca.com</a></p> <p>Link to &#8220;Duty to Serve&#8221; Program Website: <a href="http://www.fanniemae.com/portal/about-fm/duty-to-serve.html">http://www.fanniemae.com/portal/about-fm/duty-to-serve.html</a></p> <p><em>Russ Warner is a Senior Vice President in the Manufactured Housing Group at NAI Horizon. He has brokered MH communities and RV resorts for almost 20 years. He has been involved in the sale of more than $250 million in RV and mobile home parks.</em></p> <h5></h5> <h4 dir="LTR" align="JUSTIFY"></h4> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/8zsCu04JYHs" height="1" width="1" alt=""/> http://naihorizonblog.com/fannie-mae-to-provide-mobile-home-financing-to-tenants/feed 0 http://naihorizonblog.com/fannie-mae-to-provide-mobile-home-financing-to-tenants 2017-07-05 21:13 +00:00 2017-07-05 16:13 -05:00 http://naihorizonblog.com/?p=1769 http://feedproxy.google.com/~r/NaiHorizonBlog/~3/f1qFHVqVsvw/the-linneman-letter-summer-2017 Market Trends The Linneman Letter – Summer 2017 Dr. Peter Linneman discusses the economy&#8217;s current recovery runway in this excerpt of the Summer 2017 issue of the Linneman Letter. Click below to download! &#8220;&#8230;we believe that there is still considerable room for continued growth, and that the current recovery will stretch into 2019.&#8221; Wed, 05 Jul 2017 19:07:10 Z http://naihorizonblog.com/the-linneman-letter-summer-2017#respond NAI Horizon <p style="text-align: center;">Dr. Peter Linneman discusses the economy&#8217;s current recovery runway in this excerpt of the Summer 2017 issue of the Linneman Letter. Click below to download!</p> <p style="text-align: center;"><em>&#8220;&#8230;we believe that there is still considerable room for continued growth, and that the current recovery will stretch into 2019.&#8221;</em></p> <p style="text-align: center;"><a href="http://www.naihorizonmarketing.com/NAIHorizonMarketing/LinnemanLetter_Summer2017.pdf"><img class="aligncenter wp-image-1773 size-full" src="http://naihorizonblog.com/wp-content/uploads/2017/07/LLSummer2017_Cover-2.png" alt="" width="2450" height="3154" srcset="http://naihorizonblog.com/wp-content/uploads/2017/07/LLSummer2017_Cover-2.png 2450w, http://naihorizonblog.com/wp-content/uploads/2017/07/LLSummer2017_Cover-2-233x300.png 233w, http://naihorizonblog.com/wp-content/uploads/2017/07/LLSummer2017_Cover-2-768x989.png 768w, http://naihorizonblog.com/wp-content/uploads/2017/07/LLSummer2017_Cover-2-795x1024.png 795w, http://naihorizonblog.com/wp-content/uploads/2017/07/LLSummer2017_Cover-2-624x803.png 624w" sizes="(max-width: 2450px) 100vw, 2450px" /></a></p> <img src="http://feeds.feedburner.com/~r/NaiHorizonBlog/~4/f1qFHVqVsvw" height="1" width="1" alt=""/> http://naihorizonblog.com/the-linneman-letter-summer-2017/feed 0 http://naihorizonblog.com/the-linneman-letter-summer-2017 2017-07-05 19:07 +00:00 2017-07-05 14:07 -05:00