Sun Communities, Inc (NYSE: SUI) is an international owner and operator of Manufactured Housing Residential Communities and RV Resorts throughout the United States and Canada. The company owns and operates or has an interest in 382 manufactured housing and recreational vehicle communities located in 31 states throughout the United States and Ontario, Canada, as of June 30, 2019. Sun Communities’ portfolio consists of over 133,000 developed sites.
Established in 1975, Sun Communities became a publicly owned corporation in December, 1993. The company is a fully integrated real estate investment trust (REIT) listed on the New York Stock Exchange under the symbol: SUI. Sun Communities has twice been honored by the Manufactured Housing Institute as winner of the “Community Operator of the Year” award. The award is emblematic of Sun Communities’ focus on professional management at the community level.
Sun Communities has extensive experience developing large-scale, highly amenity rich recreational vehicle resorts and residential communities. The company has developed and expanded dozens of resorts and communities in or near almost every large MSA involving hundreds of millions of dollars of investment. Some of these developments have been “greenfield” while others involved substantial redevelopment or expansions. Each development necessitated a team of experts such as geotechnical experts, traffic consultants, environmental assessment consultants, land planners, architects, and designers who constructed each community and resort in a manner that was sensitive to the needs of the surrounding community.