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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 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 ...
Roughly half of Sun Communities' (NYSE: SUI) business is about providing affordable housing. This is not your typical real estate investment trust (REIT). From a top-level view, 45% of Sun ...
"Under Gary’s leadership, the Company went public in 1993 with an initial market capitalization of approximately $115 million as a small, manufactured housing REIT with 31 communities, and has evolved into the leading owner and operator of Manufactured Housing, Recreational Vehicle communities, and Marinas with over 650 properties in the ...
Image source: Getty Images. Understanding Sun Communities' business model. As of the end of the third quarter, Sun's portfolio consisted of 659 properties, including 288 manufactured housing ...
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New communities opened in Arizona, Nevada, California, and Texas. During the 1990s, Marco Rubio began holding speaking engagements at these retirement communities, for which the company tried to reward him by nicknaming a star after him in 1993. [15] In 2001 the corporation was purchased by Pulte Homes. The Del Webb name is used by Pulte as a ...
Over the past three years, Sun Communities' (NYSE: SUI) stock declined 36% while the S&P 500 rallied 31%. Even after including its reinvested dividends, the real estate investment trust (REIT ...