Are Sun Communities Good?

Are Sun Communities Good?

Sun Communities has a solid balance sheet to support its expansion. Its leverage ratio has fallen from 7.5 times debt-to-EBITDA in 2016 to a much more comfortable 4.8 times by mid-2020.

How many properties does Sun Communities own?

426
Sun Communities currently owns and operates 426 manufactured housing and recreational vehicle (RV) communities across 32 states and Ontario, Canada, consisting of more than 143,000 developed sites. It primarily leases sites and manufactured homes to those seeking affordable housing options under annual contracts.

Who owns Sun Communities?

Gary A Shiffman
Gary A Shiffman. Chairman/CEO, Sun Communities Inc.

What states have Sun Communities?

MANUFACTURED HOME COMMUNITIES

  • Arizona.
  • California.
  • Colorado.
  • Connecticut.
  • Florida.
  • Indiana.
  • Michigan.
  • New Hampshire.

How many employees does Sun Communities have?

Sun Communities

Type Public company
Total assets US$7.802 billion (2019)
Total equity US$3.875 billion (2019)
Number of employees 3,146 (2019)
Website suncommunities.com

Is Sun Communities a good company to work for?

Sun Communities is very rewarding to work for. Sun Communities provides an excellent workplace culture while offering superb management to work with. The company is very progressive and offers excellent advancement opportunity.

How many RV resorts does Sun Communities own?

Sun Communities operates a total of 382 communities located in both the United States and Canada, which includes 132 properties that are a hybrid of both an RV park and an MH park.

How many communities does Sun Communities have?

In December 1993, the company became a public company via an initial public offering. As of June 30, 2020, the company owned interests in 426 such communities in the United States and Canada consisting of nearly 143,000 sites.

How many parks does Sun Communities own?

In December 1993, the company became a public company via an initial public offering. As of June 30, 2020, the company owned interests in 426 such communities in the United States and Canada consisting of nearly 143,000 sites.

How many locations does Sun Communities have?

As of June 30, 2020, the company owned interests in 426 such communities in the United States and Canada consisting of nearly 143,000 sites.

Who bought Cherrystone Campground?

Sun RV Resorts
On March 9, 2021, Chad Ballard, III announced the sale of Cherrystone Family Camping Resort (“Cherrystone”) to Sun RV Resorts (“Sun”), a division of Sun Communities, Inc.

Who is the president of Sun Communities?

John B. McLaren
Sun Communities, Inc. John B. McLaren has been in the manufactured housing industry since 1995. He has served as our President since February 2014 and as our Chief Operating Officer since February 2008.

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