🠈 Sun Communities 🠊

Sun Communities

Sun Communities (NYSE: SUI) is a real estate investment trust (REIT) that develops manufactured home communities and RV Resorts.

1973: Company founded.
1993: Sun held its IPO.
1996: Sun acquired Manufactured Housing Groups which had 25 for $226 million.
1996: Sun made a hostile bid for Chateau Properties Inc. for $370 million in stock. The bid appears to have been rejected.
1997: Sun acquired nine manufactured housing communities for $93 million.
2012: Sun acquired a 756-unit mobile home park in Michigan for $32.2 million.
2013: Sun acquired Yogi Bear's Jellystone Park in Wyoming County, New York.
2015: Sun sold properties in Ohio and Michigan to UMH Properties for $34.5 million.
2016: Sun acquired Carefree Communities from Centerbridge Partners for or $1.455 billion.