================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
SEPTEMBER 7, 2004
(Date of Report)
MANUFACTURED HOME COMMUNITIES, INC.
(Exact name of registrant as specified in its Charter)
1-11718
(Commission File No.)
MARYLAND 36-3857664
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
TWO NORTH RIVERSIDE PLAZA, CHICAGO, ILLINOIS 60606
(Address of principal executive offices) (Zip Code)
(312) 279-1400
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the following provisions (See
General Instructions A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule (14d-2(b)) under the
Exchange Act (17 CFR.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule (13e-4(c)) under the
Exchange Act (17 CFR.13e-4(c))
================================================================================
ITEM 8.01 OTHER EVENTS
Manufactured Home Communities, Inc. (NYSE: MHC) announced it has
undertaken a preliminary assessment of the impact of Hurricane Frances on its
operations. The slow movement of the storm across Florida resulted in
significant rainfall throughout the state. Preliminary reports indicate two
properties near Vero Beach may be significantly impacted by flooding caused by
the rains and winds associated with Hurricane Frances, while the impact on our
other properties is not expected to be material. We will continue to assess this
over the coming days.
According to Thomas Heneghan, CEO and President of MHC, "The
unprecedented nature of these two storms occurring within weeks of each other
has certainly stressed everyone in Florida. We appreciate the fatigue of our
residents, our employees and others dealing with these storms.
We were well on our way to recovering from Hurricane Charley. Although
it is unfortunate to have received this setback caused by Hurricane Frances, we
are confident we will recover from this storm in a similar manner. We have sent
teams out to assess the properties and have begun the clean up process."
The forward-looking statements contained herein are subject to certain
risks and uncertainties including, but not limited to, the Company's ability to
maintain rental rates and occupancy with respect to properties currently owned
or pending acquisitions; the Company's assumptions about rental and home sales
markets; the completion of pending acquisitions and timing with respect thereto;
the effect of interest rates as well as other risks indicated from time to time
in the Company's filings with the Securities and Exchange Commission. The
Company assumes no obligation to update or supplement forward-looking statements
that become untrue because of subsequent events.
Manufactured Home Communities, Inc. owns or has an interest in 209
quality communities in 23 states consisting of 80,028 sites. MHC is
a self-administered, self-managed, real estate investment trust (REIT) with
headquarters in Chicago.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.
MANUFACTURED HOME COMMUNITIES, INC.
BY: /s/ Michael Berman
----------------------------------------------
Michael B. Berman
Vice President, Treasurer and
Chief Financial Officer
DATE: September 7, 2004