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Mr. McLaren has been with Sun for 22 years and was Chief Operating Officer for 14 years through mid-2022. During his time as COO, John oversaw the acquisition and integration of approximately 350 MH and RV communities and brought a performance driven approach with a focus on bottom-line operational results.
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.
From a top-level view, 45% of Sun Communities' rental income comes from U.S. manufactured housing communities. Another 8% or so comes from similar assets located in the United Kingdom.
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 ...
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 ...
UMH Properties, Inc. (formerly United Mobile Homes Inc.) is a public equity real estate investment trust (REIT) that owns and operates a portfolio of 135 manufactured home communities with approximately 25,700 developed homesites. These communities are located in 12 states: New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan ...