Sun Communities
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Sun Communities is a fully-integrated real estate investment trust (REIT) that owns and operates manufactured home communities (in plain talk -- trailer parks or mobile home parks) and recreational vehicle (RV) resorts. Their New York Stock Exchange symbol is SUI.
Sun operates 136 manufactured home communities in 18 states. With 47,600 developed sites. It was started in 1975, and went public in December 1993.
Sun Communities Properties Include:
Southfork, Pin Oak Parc, Eagle Crest, Cave Creek, Timber Ridge, North Point Estates, Candlelight, Apple Creek, East Fork Crossing, Orchard Lake, Worthington Arms, Byrne Hill, Westbrook Senior Village, Westbrooke Village, Willowbrook MHC, High Point Park, Sea Air Village, Water Oak Country Club, Saddle Oak Club, Buttonwood Bay, King's Lake, Holly Forest, Orange Tree Villae, Groves, Siesta Bay, Indian Creek, Ariana Village, Island Lakes, Lake San Marino, Gold Coaster, Royal Country, Lake Juliana, Silver Star, Arbor Terrace, Tampa East, Meadowbrook Village, Countryside Village of Gwinnett, Countryside Village of Lake Lanier, Countryside Village of Atlanta, Timberbrook, Four Seasons, Holiday MHC, Brookside Manor, Cobus Green, Pine Hills, Roxbury Park, Meadows MHC, Clear Water MHC, Liberty Farm, Carrington Pointe, Woodlake-Sommerdale, Deerfield Run, Pebble Creek, Maplewood, Valley Brook, West Glen, Woods Edge, Autumn Ridge, Scio Farms, Lakeview, Bedford Hills, Country Acres, Sheffield Estates, Academy/West Point, College Park Estates, Meadowbrook Estates, Richmond Place, St. Clair Place, Lafayette Place, Meadow Lake, White Lake MHC, Woodhaven Place, Creek Wood, Continental Estates, Continental North, Fisherman's Cove, Allendale Meadows, Knollwood, Davison East, Fisherman's Cove, White Oak, Byron Center, River Haven, Alpine Meadows, Cutler Estates, Grand, Presidential Estates, Lincoln Estates, Brentwood, Hunter's Glen, Sherman Oaks, Windham Hills MHC, Kensington Meadows, Candlewick Court, Countryside Village, Sunset Ridge, Hawaiian Gardens/Holly Village, Hamlin MHC, King's Court, Town & Country, Meadowbrook, Glen Laurel, Creekside, Woodland Park Estates, and Forest Meadows.
Sun Communities is REIT that is well positioned to profit from the aging and retirement of the baby boomer generation, since many of them will want to downsize their housing to mobile home communities and recreational vehicles.
Next: UDR, Inc -- high quality apartment buildings
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