Sun Communities
| Public | |
| Traded as | NYSE: SUI |
| Industry | Real Estate Investment Trust |
| Headquarters | Southfield, MI, U.S. |
Key people |
Gary Shiffman (Chairman & CEO) John McLaren ( President & COO) Karen Dearing (Executive Vice President, CFO, Treasurer & Secretary) |
| Revenue |
 US$ 415.22 million (2013) |
Number of employees | 1,236 (March 2014) |
| Website | Suncommunities.com |
Sun Communities (NYSE: SUI) is a publicly traded real estate investment trust based in Southfield, MI. The company owns, operates and develops manufactured housing communities primarily in the midwestern, southern, and southeastern United States. There are currently 250 properties in its portfolio located in 29 states. The portfolio includes manufactured housing communities and recreational vehicle communities.[1]
History
Sun Communities, Inc., together with its affiliates and predecessors, has been in the business of acquiring, operating, and expanding manufactured housing communities since 1975.
In 1993, the company went public as a REIT, offering 5.7 million common shares. At the time of the public offering, the company operated 31 manufactured housing communities with 9,036 sites located in 6 states. Continuing with its acquisition philosophy, Sun continued to acquire properties from both individual owners and companies.[2]
By the end of 2013, Sun Communities owned and operated a portfolio of 188 properties comprising 69,789 developed sites.[3]
Awards
Crain's Detroit Business "Cool Places to Work" - 2011[4]
Crain's Detroit Business "Cool Places to Work" - 2012[5]
Manufactured Housing Institute “Community Operator of the Year Award” – 2002[6]
Manufactured Housing Institute “Community Operator of the Year Award” – 1997[7]
Gallery
-
Water Oak is in Lady Lake, FL and is a 55+ community.
-
The swimming pool at Branch Creek in Austin, TX
-
Country Meadows in Flat Rock, MI
-
Sun Villa in Reno, NV
-
Carrington Pointe in Ft. Wayne, IN
-
Playground at Oak Crest in Austin, TX
-
Community office at Cave Creek in Evans, CO
-
Deerfield Run in Anderson, IN
External links
References
- ↑ "Company Profile". Sun Communities. Retrieved 2014-06-30.
- ↑ "Company History - Sun Communities, Inc.". FundingUniverse. Retrieved 2010-11-19.
- ↑ "SUI Annual Report". Morningstar.com. Retrieved 2014-06-30.
- ↑ "Sun Communities: Rewards Rain Down". Crain's Detroit Business. Retrieved 2011-10-06.
- ↑ "Cool Places to Work 2012". Crain's Detroit Business. Retrieved 2014-06-30.
- ↑ "Prestigious MHI Awards Recognize Highest Achievers". Manufactured Housing Institute. 2002-04-09. Retrieved 2010-11-19.
- ↑ "Company Profile". Sun Communities. Retrieved 2010-11-19.