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The key is that residents own the building, but they rent the property on which it is located from Sun Communities. This relationship leads to a 50% reduction in cost per square foot for the ...
Sun Communities (NYSE: SUI) is a manufactured housing real estate investment trust (REIT). To decide if you want to buy, sell, or hold this REIT, you need to look at what's happening today ...
Understanding Sun Communities' business model. As of the end of the third quarter, Sun's portfolio consisted of 659 properties, including 288 manufactured housing properties, 179 RV properties ...
A sundown town is an all-White community that shows or has shown hostility toward non-Whites. Sundown town practices may be evoked in the form of city ordinances barring people of color after dark, exclusionary covenants for housing opportunity, signage warning ethnic groups to vacate, unequal treatment by local law enforcement, and unwritten rules permitting harassment.
Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle communities, and marinas. As of June 30 2024, the company owned interests in 666 such properties in the United States, Canada, and the UK consisting of approximately 181,760 developed sites and over 48,140 wet slips and dry storage spaces.
Sun City Aliante, an age-restricted 55-plus community by Del Webb, was completed in March 2003, and is located within Aliante. [ 13 ] [ 8 ] [ 14 ] Sun City Aliante was the third best-selling age-restricted community in the Las Vegas Valley during the second quarter of 2003, with 130 closings averaging $181,198. [ 15 ]
The share price of Sun Communities (NYSE: SUI) has fallen 40% from its 2022 highs. Sun Communities has slipped below $125 per share, a level at which the dividend yield would sit at a nice round 3%.
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