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Community Updates

Wells Fargo has released the 13th Edition of its Manufactured Home Community Financing Handbook created by Tony Petosa (tpetosa@wellsfargo.com), Nick Bertino (nick.bertino@wellsfargo.com), and Erik Edwards (erik.edwards@wellsfargo.com) of Wells Fargo Multifamily Capital.  The latest…
Wells Fargo has released the 13th Edition of its Manufactured Home Community Financing Handbook created by Tony Petosa (tpetosa@wellsfargo.com), Nick Bertino (nick.bertino@wellsfargo.com), and Erik Edwards (erik.edwards@wellsfargo.com) of Wells Fargo Multifamily Capital.  The latest…
We crossed a significant threshold this week in the Oregon Legislature with a number of bills going to the legislative graveyard.  MHCO is tracking and working to defeat/pass a number of bills this session.  Rent Control (SB 608) was not the only bill that concerned MHCO…
On February 28, 2019 SB 608 (rent control) was signed into law.  MHCO has received numerous questions regarding the new statute.  We asked MHCO Legal Counsel to review 10 of the most frequent questions and provide answers.  This is the first of many Q&As regarding…
 Oregon Governor Kate Brown has signed SB 608 (rent control) into law.  The new law is effective 2-28-19.  MHCO has reviewed the applicable MHCO forms and made significant changes.  We are still working on several forms - 5B, 5D and 50A.  We hope to them updated and on line…
We are now wrapping up week 3 of the 2019 Oregon Legislative Session.  A lot of new legislative proposals have been submitted making this one of the most active legislative sessions in recent memory.  The Senate this week passed the most sweeping changes to Oregon Landlord-Tenant law in…
  The Oregon Legislature has scheduled a public hearing on SB 608 (Rent Control - Elimination of No Cause Eviction) for Monday, February 4, 2019 at 3 PM at the Oregon State Capitol, Hearing Room 'B', Oregon Senate Committee on Housing.This is an "all hands on deck" for owners of…
Attached is Phil Querin's detailed analysis of SB 608 (Rent Control).  SB 608 will be up for a public hearing on Monday, February 4th at 3 pm.  Information on written and public testimony will be forth coming early next week.  
By: Dale Strom Dale Strom is a second generation Manufactured Home Community landlord. He is a Board Member, past President and current Treasurer of MHCO and owns two manufactured home communities in Oregon.This is the fifth of a multiple part series on a private owner of a…
https://www.oregonlive.com/politics/2019/01/oregon-lawmakers-propose-unusual-approach-to-rent-control.html