Executive Summary. The Duty to Serve manufactured housing has been twisted into a pretzel in order to give an appearance to the casual observer of the Housing and Economic Recovery Act of 2008 being followed. But as a careful review of what follows will reflect, voices across the left-right […]
Credit Human is one of the financial institutions that serves the manufactured housing industry. From their website is this pull-quote. Build Financial Slack Financial health is not about how much money you make, it’s about having enough financial slack. Your income minus expenses is what we mean by financial
Sun Communities recently announced another ‘big deal.’ The merger and acquisition (M&A) of Jensen’s, Inc into their portfolio is a $343.6 million dollar transaction. The details, from Sun’s (SUI) release will be followed by some additional information on each firm. Southfield, MI, Aug. 22, 2019 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:
Sun Communities Scores 1/3rd Billion Dollar M&A, Insights, Details Beyond Media Release Read More
The insider trade being reported is the type reported to the U.S. Securities and Exchange Commission (SEC). “An insider is defined as any officer and/or beneficial owner who is buying or selling their company’s stock is required to file a Form 4,” explains Nasdaq. The spoiler is the stock has risen since the
Increases Sun Communities’ portfolio to 245 communities totaling nearly 90,000 sites in 29 states with a combined enterprise value of approximately $5.1 billion Southfield, MI, July 30, 2014 – Sun Communities, Inc. (NYSE: SUI) (the “Company”) today announced that it has entered into an agreement to acquire a portfolio (the
In any industry, trends are worth noting, and are important for investors, owners, lenders, policy pros, and other professionals alike. As the chart below will spotlight, there have been hundreds of manufactured home communities that have opened since 2002. That’s news to many, not to others, in manufactured
From marketwatch MHProNews has learned that Sun Communities, Inc. (NYSE:SUI), for Q1 2015 reports net income attributable to stockholders of $6.9 million, or $0.13 per diluted share as compared to $7.8 million net income for the same period of 2014 with $0.21 per diluted share. Same site net operating income
Sun Communities reports Financials for Quarter ending March 31, 2015 Read More
Sun Communities, Inc. (SUI), Southfield, Michigan, a real estate investment trust (REIT), on February 24 reported its fourth quarter 2014 results. Sun Communities owns and operates a portfolio of 242 manufactured home and RV communities comprising approximately 88,900 developed sites. Thomson Reuters tells MHProNews that funds from operations excluding transaction costs
Sun Communities, Inc., Reports Fourth Quarter 2014 Results Read More
The Street Insider tells MHProNews that Sun Communities, Inc. announced it’s entering an agreement to acquire 7 manufactured home communities (MHCs) including associated manufactured homes and other intangible assets. The MHCs are located in the Orlando, Florida area. The 7 MHCs are some 3,150 manufactured home sites. Approximately 60%
Sun Communities (SUI) Buying Orlando Manufactured Housing Portfolio in $258M Deal Read More
Southfield, Michigan-based Sun Communities, Inc., in it release of 2nd quarter 2014 financials, reports funds from operations (FFO) was $34.7 million, or $0.78 per share, versus $27 million or $0.69 per share for the comparable period in 2013. Net income attributable to common stockholders for the second quarter of 2014
Sun Communities Reports Positive Financials for Q2 Read More
