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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.
As of the end of the third quarter, Sun's portfolio consisted of 659 properties, including 288 manufactured housing properties, 179 RV properties, and 138 marina properties across North America ...
The share price of Sun Communities (NYSE: SUI) has fallen 40% from its 2022 highs. Sun Communities has slipped below $125 per share, a level at which the dividend yield would sit at a nice round 3%.
Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George. [4]In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
Shipping pre-cut home parts across the United States, these companies turned Michigan into the "center of kit-home manufacturing". [2] Examples of the homes manufactured by these companies and other kit house manufacturers like Sears, Gordon-Van Tine and Wardway can be found in communities across the state of Michigan. These include clusters of ...
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New communities opened in Arizona, Nevada, California, and Texas. During the 1990s, Marco Rubio began holding speaking engagements at these retirement communities, for which the company tried to reward him by nicknaming a star after him in 1993. [15] In 2001 the corporation was purchased by Pulte Homes. The Del Webb name is used by Pulte as a ...
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