Sun Communities

Sun Communities, Inc.
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)
Jon Coleman ( Executive Vice President)
Revenue Increase 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 (REIT) based in Southfield, MI. As of June 30, 2016, the company owns and operates 338 manufactured housing and recreational vehicle communities located in 29 states throughout the United States and Ontario, Canada. Sun Communities portfolio consists of approximately 117,000 developed sites.[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 December 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]

Awards

Crain's Detroit Business "Cool Places to Work" - 2011[3]

Crain's Detroit Business "Cool Places to Work" - 2012[4]

Manufactured Housing Institute “Community Operator of the Year Award” – 2002[5]

Manufactured Housing Institute “Community Operator of the Year Award” – 1997[6]

References

  1. "Company Profile". Sun Communities. Retrieved 2016-10-07.
  2. "Company History - Sun Communities, Inc.". FundingUniverse. Retrieved 2010-11-19.
  3. "Sun Communities: Rewards Rain Down". Crain's Detroit Business. Retrieved 2011-10-06.
  4. "Cool Places to Work 2012". Crain's Detroit Business. Retrieved 2014-06-30.
  5. "Prestigious MHI Awards Recognize Highest Achievers". Manufactured Housing Institute. 2002-04-09. Retrieved 2010-11-19.
  6. "Company Profile". Sun Communities. Retrieved 2016-10-07.
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