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Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle communities, and marinas. As of June 30 2024, the company owned interests in 666 such properties in the United States, Canada, and the UK consisting of approximately 181,760 developed sites and over 48,140 wet slips and dry storage spaces.
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
Apartment Investment and Management Company, commonly referred to as Aimco, is an American publicly traded real estate investment trust. As of December 31, 2023, the company owned 26 apartment communities comprising 5,940 apartment units in the United States.
CAPREIT financialized the trailer park concept beginning with an acquisition in 2007 which grew to 6,456 “manufactured home community” (MHC) suites by 2017. [2] [3] Paid $500 million in 2004 to acquire smaller rival [4] Residential Equities Real Estate Investment Trust. At the time of the merger the company had 24,238 rental apartments and ...
Inhabit, which was founded in 2016, counts more than 7,000 property management companies as customers. (There were 290,631 property managers in the U.S. last year, according to IBISWorld .)
M&G Real Estate, formerly Prudential Property Investment Managers, is a global real estate investment manager, providing integrated services for fund management, asset management and property management. M&G Real Estate is part of M&G Investments which used to be part of Prudential until 2019.
It was one of the first large public companies to begin investing heavily in single-family homes, following the entry of The Blackstone Group into the field in 2012. [3] Early funding for the company included a $600 million investment from the Alaska Permanent Fund. [2] In August 2013, the company became a public company via an initial public ...
Advertisement for mobile homes on the Florida Keys, June 1973. Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.