Type Public Website Suncommunities.com Number of employees 1,236 (March 2014) | Traded as NYSE: SUI Revenue 415.2 million USD (2013) Founded 1975 | |
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Industry Real Estate Investment Trust Key people Gary Shiffman (Chairman & CEO)John McLaren ( President & COO)Karen Dearing (Executive Vice President, CFO, Treasurer & Secretary)Jon Coleman ( Executive Vice President) Stock price SUI (NYSE) US$ 79.55 -0.12 (-0.15%)30 Mar, 4:02 PM GMT-4 - Disclaimer Subsidiaries Sun Communities Operating Partnership Profiles |
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.
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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.
Awards
Crain's Detroit Business "Cool Places to Work" - 2011
Crain's Detroit Business "Cool Places to Work" - 2012
Manufactured Housing Institute “Community Operator of the Year Award” – 2002
Manufactured Housing Institute “Community Operator of the Year Award” – 1997