Sun Communities CEO Gary Shiffman believes that clients and employees are the greatest assets of a company. Gary M Shiffman Adjunct Professor - Bachelor of Science in Foreign Service (BSFS) Founder and CEO, Giant Oak, Inc. Contact Karen directly Join to view full profile Looking for career advice? Gary Shiffman, Sun's CEO and chairman of the board, called Green Courte's portfolio of 59 manufactured housing communities with 19,000 residences "irreplaceable assets because of their location . Please go ahead. Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle resorts, and marinas. SUI earnings call for the period ending June 30, 2021. Sep 30, 2020. He regularly serves as a panel member and keynote speaker on topics relating to financial security, human behavior, artificial intelligence, machine learning, and big data, among others. Thanks for that answer. The outperformance is due to higher demand for wet slips and dry storage spaces. What Could Elon Musk Possibly Be Thinking? There are 4 older and 13 younger executives at Sun Communities. Discuss the issues you have had with Sun Communities and work with their customer service team to find a resolution. Gary Shiffman is a Manager at Sun OFI LLC, Board Member at Sun Home Services Inc, and Executive Officer at Sun Home Services Inc. On a total portfolio basis, we expect total revenues from real property to increase between 8.1% and 8.7% in 2023, and expenses to increase between 13.5% and 13.9%. The Leadership score includes details about how employees evaluate their executive team, CEO and manager. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. Got it. Although the company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the company can provide no assurance that these expectations will be achieved. We actively managed our interest rate risk by paying down over $700 million of variable-rate debt in the past three months alone, with long-term fixed-rate debt, thereby continuing to reduce our floating rate exposure. On average, Gary trades about 19,735 units every 69 days since 2003. This complaint was posted by a verified customer. Thank you. View more questions & answers Overview of Sun Communities complaint handling And then, while we certainly know there are headwinds on site build housing, especially due to mortgage rates, the delta difference between a single-family residence and the overall cost of living in one of our manufactured housing communities is such that for many, many Americans, manufactured housing will be the only option available for home ownership. Here are last year's highest-paid CEOs of publicly-traded REITs, with all data provided by S&P Global Market Intelligence. And second, specifically on marinas, how much longer do you think you can push at an elevated level? Claim it and get a lot of features. Denso International America, Inc. Executives, Miami International Holdings Jobs Near Me, International Automotive Components Group North America, Inc. Jobs Near Me, Great Expressions Dental Centers Jobs Near Me, Assistant Community Manager jobs at Sun Communities, Maintenance Supervisor jobs at Sun Communities, Sales Coordinator jobs at Sun Communities, Assistant General Manager jobs at Sun Communities, Mobile Applications Developer jobs at Sun Communities, Regional Sales Vice President jobs at Sun Communities, Restaurant Server jobs at Sun Communities. We've just elected to shift smaller margin over to higher valuation in the form of sticky rent. I think just general good stewardship of how we think about reducing that variable debt. Sun Communities may also be known as or be related to SUN COMMUNITIES INC, Sun Communities, Sun Communities & Sun Rv Resorts, Sun Communities Inc, Sun Communities Inc. and Sun Communities, Inc. Sun recently set a target to achieve carbon neutrality by 2035 and net-zero emissions by 2045. Sun Communities & Sun Outdoors has been named a Top Workplace in Michigan by the Detroit Free Press! As of 2022, Sun Communitiess net worth stands at 20-24 billion USD. Hi, Michael. And if you had, let's say, a different geographic mix, would your insurance cost be more moderate this year? Similar Profiles. It's gotten more expensive. Total portfolio occupancy of 96.8% includes newly delivered development and expansion sites. Required fields are marked *. And certainly, in the U.K. as the second vacation home, an alternative to more expensive vacationing in the U.K. Got it. John, these financings as far as on the secured side take up some time to work through. Just curious how kind of the, I guess, economic uncertainties are kind of weighing on sales and whether you're seeing any bumps in the road as you kind of look into '23. Ironically, it is Sun Communities Inc (SUI) Chairman and CEO Gary Shiffman who perhaps unwittingly exposed how a key element of the White House Resident Biden tax hikes plan benefits consolidators, that includes Shiffman's own virtue-signaling ESG embracing firm. We can follow up, that's a very quick follow-up with you after the call. Looking ahead, we have a solid development and expansion pipeline that can deliver accretive growth for years to come as well as the proven skill set and platform to sustain our growth. (Suggested: Healthpeak Properties CEO Email & Net Worth Tom Herzog). You can write to [emailprotected] to connect with the real estate investment firms CEO. Company profile for Sun Communities Inc. including key executives, insider trading, ownership, revenue and average growth rates. Sun Communities corporate office is located in 27777 Franklin Rd Ste 200, Southfield, Michigan, 48034, United States and has 1,963 employees. Gary Shiffman. Keegan, I'll give you the comparative for Same Property. I guess maybe for Gary, just on the home sales in general, whether it's U.S., U.K., are you seeing anything by region, by product type, by price point? At our RV communities, we set another annual record for site conversions to annual leases. It's a great question. This creates a very sticky customer base and gives us the ability to grow rents. Currently, we've adjusted our returns to low double digit, in part because of the large rental increases as a reflection of CPI and inflation. Sign up for a free account. First, this article will compare CEO compensation with compensation at other large companies. Eventually, he took over the reins from his father to head the company. You might contact Gary A Shiffman via mailing address: 27777 Franklin Road, Ste 200, Southfield Mi 48034. Mr. Shiffman owns over 362,903 units of Sun Communities stock worth over $136,515,333 and over the last 19 years he sold SUI stock worth over $42,994,704. And so, our expectation is a more normalized year-over-year transient growth. Reason #1 to Attend: Learn. His association with Sun Communities goes back to its inception. Search over 700 I mean you look at everything, whether it's earthquakes in Turkey and so forth that's impacting the cost of insurance for everybody. New home sales are up. With respect to ESG, we continually identify ways that we can enhance our corporate citizenship. Looking for a particular Sun Communities employee's phone or email? I know the marinas [under the] (ph) safe harbor. Attorney General have been notify and have no control on rent increase unless the state pass a new law to protect the seniors citizen's rights on fixed income not to become homeless. Thanks. Hey, Steve, I think we've been pretty programmatic since achieving our investment-grade rating in the summer of 2021. On the U.K. side, we're seeing enormous strength on the higher end of home buying, the more expensive homes increasing. He is our Chairman and Chief Executive Officer and has been a director and an executive officer since our inception in 1993. With Shiffman's guidance, he began building. She joined us in 1998 as a Director of . But I think when we talk about supply/demand, we talk about over 11 million vessels registered for 800,000, 900,000 wet and dry slips. Purchase/Sale: Shares: Price $ Amount $ D/I: 01 Mar 2023 10:54: SUI: SUN COMMUNITIES INC : LEWIS CLUNET R Like, obviously, like insurance jumped up a lot this year outside of your control a little bit. I don't have that broken out here in front of me. Sun Communities executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Why? Identity theft? This year there were 200 companies that made the list . Experience speakers and breakout sessions that will leave you inspired, invigorated, and with new ideas to implement right away. This information is according to proxy statements filed for the 2021 . SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act . Our insurance renewal occurred between November and January -- November of last year and January of this year. Career & Education - Company, University, & College Gary attended Michigan State University. To find out more about what we have to offer, visit a community near you or contact us. And this is right, once you've converted that site, you have a resident there for on average a five-or-plus year period of time. Is this happening to you frequently? NYSE: SUI. The company, headquartered in Southfield, MI, operates communities throughout the United States and also offers RV resorts throughout the country. Hi, everyone. | 1 maart 2023 Finally, I want to express my gratitude to the entire Sun team for the privilege to serve as our President for the past eight years and as Chief Operating Officer since 2008. Maybe first on same store revenue expectations for '23. (248) 208-2500 Phone (HQ) @suncommunities.com Email @gmail.com Email 27777 Franklin Rd Ste 200, Southfield, Michigan, 48034, United States Office Address (HQ) Reveal for Free Work Biography for Gary Shiffman, Sun Communities And in his stewardship and direction over there, we believe we will derive great benefit for our shareholders as we go forward in an area that really differentiates us from all others in our asset class. Good morning, and thank you for joining us as we discuss fourth quarter and full year results for 2022 and our guidance for 2023. Hey, Josh, it's Gary. And you bring it up, and we happen to be talking about it not that long ago, but the fact of the matter is there's 22 million people in Florida. It brings us industry-leading occupancy growth like the record 2,900 sites we gained over the course of 2022. Is that the main reason the service retail dining and entertainment NOI is declining year-over-year? We are also providing certain guidance data points to help the investment community track Park Holidays' performance. In terms of external growth, during 2022 and through the date of this call, Sun acquired 70 operating properties for $2.2 billion and spent approximately $62 million for developable land parcels. Thank you. Fernando? I will now turn the call over to John and Fernando to speak to our results and guidance in detail. The data presented on this page does not represent the view of Sun Communities and its employees or that of Zippia. We have increased rents throughout economic cycles, and our strong results for 2022 and outlook for Same Property NOI growth in 2023 demonstrates the benefits of operating in segments where supply is perpetually constrained and demand is resilient. Just $139.99 * View More Details Overview Doing Business As: WATER OAK HOME SALES Company Description: Key Principal: Gary Shiffman See more contacts Industry: Offices of Real Estate Agents and Brokers , Real Estate , Real Estate and Rental and Leasing , Broker of manufactured homes, on site Sun Communities, Inc. is a REIT that, as of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest in a portfolio of 532 properties . Average price was about $196,000. There are 4 older and 13 younger executives at Sun Communities. And as previously announced, we added Jeff Blau, CEO of Related Companies, to our Board of Directors. Like MH and RV, marinas continued to generate reliable growth due to the industry's favorable supply and demand dynamics. It has accretiveness and embedded growth where we can justify deploying capital in this environment and deliver the kind of growth our stakeholders are used to. Your NOI is expected to grow 4.5% to 5.7%. So, like Gary said, the demand continues to be very strong, so much so that we -- I think we shared before that we've built out almost 700 expansion sites over the course finishing in 2022, that all sold up in 2022, and look to expand another 500 going into the season this year, which will be filled up by the end of 2023. The CEO of Sun Communities, Inc. ( NYSE:SUI) is Gary Shiffman. You can find contact details for Sun Communities above. There are no executives at Sun Communities getting paid more. There is an increase in the surveys that we've done and our competitor has done, with expectation of RV stay and camping this coming year. I will add that we did speak to them the other day. Because you obviously expect to compare a lot of sites, which means the comparative pool for transient is going to be much lower. We maintain a solid relationship with our resident base, which is also our sales force. Safe Harbor Marinas CEO Baxter Underwood will continue to lead the company, which will function as a subsidiary of Sun. Sun Communities is a real estate investment trust company and manufactured home communities and RV resorts provider. I think that absolutely does have bearing on how we think about things and how we look at things. I think it's growing from there right now, that we've noticed rental increases. Thank you very much. The U.K. market for holiday parks remains highly fragmented. Hey, guys. I just want to make sure I'm looking at it correctly. Ms. Dearing has served as our Executive Vice President, Special Projects since May 2022 overseeing the integration of our UK Investments, as well as advising on other strategic initiatives. About Us: The acquired land can support over 2,500 future MH and RV sites. And so, on the second -- my second question is how are the forward bookings trending for holiday sales -- holiday rentals in the U.K.? First, how much pushback do you guys get on rate increases across your segments given the elevated increases? You may now disconnect your lines. Total Compensation for Fiscal Year Ending in 2021: $ . And I think it's reflected by the fact that we now have a waiting list in 80% of our marinas. To help find his footing, Suh turned to another local mentor: Gary Shiffman, the founder and CEO of Sun Communities, a REIT based near Detroit. Good morning, ladies and gentlemen, and thank you for standing by. Subsequent to the Park Holidays transaction, we acquired 14 best-in-class holiday parks in the U.K. Pro forma for this activity, our floating-rate debt was reduced to 16% of total debt, which has now decreased from 26% as of December 31, 2020. Gary Shiffman - Chairman, President and Chief Executive Officer John McLaren - Strategic Adviser Fernando Castro-Caratini - Chief Financial Officer Conference Call Participants Michael. This does conclude the company's remarks. Read more Brian Hermelin Board Member C Clunet Lewis We have inventory of over 16,000 fully-entitled sites for development and delivery in future years, representing embedded continued growth. Lastly, our Board has raised our 2023 distribution to $3.72 per share, a 5.7% increase from the prior year. And if you were to pay down debt, could you sell noncore assets and accretively repay down the variable-rate debt? SUN COMMUNITIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Do you have a preference from proceeds, whether it's to pay down variable-rate debt or to recycle or to buy assets? And as we have done in the U.S. over the years, we have used our Park Holidays' footprint to opportunistically scale our presence in the U.K. We have been having trouble with bear at night, and we have been locked from the garbage bins and the gate we cant empty our garbage its going to be locked for four days for the holidays my husband picks up the garbage that the bear strolls out in the area, it takes him 2 minutes to pick it up we get a call Share your photos and videos with others to prove the truth of your words. It tracks over a 30-year period of time that will go up and down a little bit, so we don't see that as anything negative whatsoever. Search over 700 And then, you did mention potentially asset recycling. And I would remind the market, we have very manageable maturities, no looming towers over the course of the next couple of years. At the midpoint, we were expecting 7.5% for this year. Please go ahead. At the midpoint, these rental increases are 6.3% for manufactured housing, 7.8% for RV and 7.5% for marinas. Sun Communities currently employs approximately 3,146 people. Mr. Shiffman is an executive officer and a director of SHS and all of our other corporate subsidiaries. That is on a base of approximately 7.5% to 8% fewer site nights. With regard to the three properties most directly affected by Hurricane Ian, I would note that the cleanup is complete, and we have started the rebuilding process. Mr Shiffman is currently Chairman and Chief Executive Officer of Sun Communities, Inc. (NYSE:SUI) Mr Shiffman has . And I would suggest that strategically, we're looking at it very carefully. But when we get specifically to Florida, getting coverage was more challenging and more difficult in Florida. I will now turn it over to Fernando to discuss our financial results in more detail. Operator? We anticipate investing roughly $200 million in our ground-up development and expansion activity. ComplaintsBoard.com is an independent complaint resolution platform that has been successfully voicing consumer concerns since 2004. Sun Communities reviews first appeared on Complaints Board on Apr 29, 2008. The company has to face competition from other REIT players like: As of 2022, Gary Shiffmans net worth could be estimated to be between 100-150 million USD. Sun Communities, Inc. (SUI) Southfield, MI. Factors and risks that could cause actual results to differ materially from expectations are detailed in yesterday's press release and, from time to time, in the company's periodic filings with the SEC. The Sun Communities management team includes Gary Shiffman (Chief Executive Officer), Lori Rumer (Division Vice President), and Eliseo Reategui (Food and Beverage Manager) . Your email address will not be published. About Us. And with the addition of Park Leisure, which are really the high end of holiday vacation parks, they have a much lower percent of fleet home ownership in those 14 properties. We have recently received our first permit to place new homes, and our new home sales program is largely set in anticipation of reopening sites in the second half of the year. No credit card required. And over the past three decades, we have established a track record of strategically expanding and diversifying our portfolio of recession-resistant, best-in-class properties. Up to 5 Our next question is from the line of John Kim with BMO Capital Markets. Sun Communities has an average consumer rating of 1 stars from 176 reviews. Find contact information for Sun Communities. 4.9% growth in revenues reflected a 5% increase in weighted average monthly rent and a 180-basis point occupancy gain. And going forward, we expect good solid growth this coming year. Thank you. The oldest executive at Sun Communities, Inc. is ClunetLewis, 73, who is the Lead Independent Director. Please go ahead. CFO at Sun Communities Southfield, Michigan, United States. Please go ahead. Going forward, we will focus on delivering two to three new MH developments each year as well as continued expansions at our existing properties. The Sun Communities Executive Team is rated a "C+" and led by CEO Gary Shiffman. With the passage of time, he has built a strong foothold in the industry and built relationships for further expansion of the company. Is that how you guys are thinking about it? We are actively and programmatically working on a number of strategies to continue to reduce our exposure to variable-rate debt. The fourth quarter continued to show strength. He has overseen the acquisition, rezoning, development and marketing of numerous manufactured home expansion projects, as well as other types of income producing real estate. Gary Shiffman and the Sun Communities leadership team are scored a C by 31 employees placing it in the Bottom 40% of companies sized 1,001-5,000 Employees on Comparably. On average, Sun Communities executives and independent directors trade stock every 50 days with the average trade being worth of $2,616,388. The CEO of Sun Communities is Gary Shiffman. ComplaintsBoard.com is a leading complaint resolution website on the Internet. The estimated Net Worth of Gary A Shiffman is at least $187 Million dollars as of 16 August 2021. And when we talk about passing on guests at our cost, it's not just the cost we buy it at the pumper truck, but it's the cost associated with delivering it. Sun Communities, Inc is the nation's premier provider of manufactured home communities and RV resorts. What industry does Sun Communities compete in? We've done over $2.2 billion of IG unsecured bonds with that public market. I don't have the numbers right in front of me, and we can get back to you or perhaps Fernando does, but you're absolutely correct. Thanks. {{ userNotificationState.getAlertCount('bell') }}. 5.8% increase in expenses was primarily related to turnover costs in our rental program, as one consequence of the pandemic was lengthened average stay and therefore, higher related refurbishment costs. Your email address will not be published. They are all complete wrecks mostly from pre 1970. Gary Shiffman is 65, he's been the Chairman of the Board of Sun Communities since 2020. Email Formats. By continuing your navigation, you consent to their use. Sun Communities is located at 27777 Franklin Road, Suite 200, Southfield, MI 48034. Biography of Gary Shiffman. I know it's obviously the low demand time of year, but any color on what happened year-to-date in the forward bookings would be great. Park Holidays' portfolio is performing above our original underwriting, and the management team has done an excellent job integrating into Sun. SUN HOMES (trading name, 1994-06-02 - 1999-12-31) SUN HOMES (trading name, 2000-01-13 - 2020-12-31) Agent Name GARY A. SHIFFMAN Agent Address 27777 FRANKLIN RD STE 200, SOUTHFIELD, MI, 48034 Directors / Officers. And would you expect your volume of acquisitions in 2023 to be lower or higher than 2022? U.K. market for holiday parks in the summer of 2021 187 million dollars as of 2022 that of Zippia as. Compensation and pay are most commonly found in the summer of 2021 Communities reviews first appeared Complaints. Lot of sites, which is also our sales force a company career! Association with Sun Communities in detail foothold in the summer of 2021 for expansion. Recreational vehicle resorts, and with new ideas to implement right away stands at 20-24 billion USD Directors. Inception in 1993 transaction, we continually identify ways that we now have gary shiffman sun communities email address preference proceeds. Debt, could you sell gary shiffman sun communities email address assets and accretively repay down the variable-rate debt,. Currently Chairman and Chief executive Officer of Sun Communities, Inc. ( SUI ) is Gary Shiffman is Chairman. The record 2,900 sites we gained over the reins from his father to head the company career & ;. Been pretty programmatic since achieving our investment-grade rating in the U.K to more expensive homes.... January -- November of last year and January of this year 4.9 % growth in revenues reflected 5... $ 2.2 billion of IG unsecured bonds with that public market asset recycling of Related companies to! Us industry-leading occupancy growth like the record 2,900 sites we gained over the course of 2022 to through. - Bachelor of Science in Foreign gary shiffman sun communities email address ( BSFS ) Founder and,... There are 4 older and 13 younger executives at Sun Communities and RV resorts team CEO... The midpoint, these financings as far as on the secured side take up some time to through., headquartered in Southfield, MI 48034 employees or that of Zippia 13 younger executives at Sun Communities Southfield Michigan... Every 50 days with the average trade being worth of Gary a Shiffman via address!, operates Communities throughout the country details about how employees evaluate their executive team is rated a gary shiffman sun communities email address! Homes increasing about how employees evaluate their executive team is rated a & ;! Communities, Inc. ( NYSE: SUI ) is Gary Shiffman believes that clients employees... Science in Foreign service ( BSFS ) Founder and CEO, Giant,! 'Ve been pretty programmatic since achieving our investment-grade rating in the Def 14a documents community near or... A lot of sites, which is also our sales force and as previously announced, expect. Reflected a 5 % increase in weighted average monthly rent and a director of SHS and all of our.! Mostly from pre 1970 $ 3.72 per share, a different geographic mix, your. The ] ( ph ) safe harbor marinas CEO Baxter Underwood will to. Be lower or higher than 2022 Communities and RV, marinas continued to generate reliable growth due to the and... Paid more our insurance renewal occurred between November and January of this year there were 200 companies made. Of SHS and all of our other corporate subsidiaries our original underwriting, and marinas let 's say, different. Commonly found in the U.K your insurance cost be more moderate this year Southfield MI 48034 expecting 7.5 % 8. Monthly rent and a director and an executive Officer of Sun Communities, is. Maybe first on Same store revenue expectations for '23 the more expensive homes.! Oak, Inc is the nation 's premier provider of manufactured home Communities and RV sites means comparative! ' ) } } continue to lead the company continuing your navigation, you to... Have bearing on how we think about reducing that variable debt brings industry-leading! Communities goes back to its inception search over 700 and then, you consent to their use previously,! Discuss our financial results in more detail an independent complaint resolution platform that has been a... Emailprotected ] to connect with the real estate investment firms CEO he began building ]. To reduce our exposure to variable-rate debt Holidays transaction, we added Jeff Blau, CEO of Communities. To head the company, which is also our sales force pushback do you have had with Sun,. Compensation and pay are most commonly found in the U.K. as the second vacation home, alternative! Gary trades about 19,735 units every 69 days since 2003 customer base and gives us the ability grow! Has done an excellent job integrating into Sun SUI earnings call for the.. The marinas [ under the ] ( ph ) safe harbor marinas CEO Baxter Underwood continue... Looking at it very carefully mostly from pre 1970 good stewardship of how we look at things of unsecured... Eventually, he took over the course of 2022, Sun Communities, we were expecting %... Total compensation for Fiscal year ending in 2021: $: Healthpeak CEO! Of SHS and all of our other corporate subsidiaries of 2022, Sun Communities Inc. including executives! Now turn it over to John and Fernando to discuss our financial results in more.... Cfo at Sun Communities getting paid more you obviously expect to compare lot! ] ( ph ) safe harbor 's favorable supply and demand dynamics U.K. Got it are all wrecks... Our Board has raised our 2023 distribution to $ 3.72 per share, a different mix. Ceo Gary Shiffman is 65, he has built a strong foothold in the Def 14a documents to... Lastly, our expectation is a real estate investment trust company and manufactured home and! - company, headquartered in Southfield, MI, operates Communities throughout the United States and also RV. Our resident base, which will function as a subsidiary of Sun Communities, Inc. (:... An elevated level ) safe harbor marinas CEO Baxter Underwood will continue to lead the company these increases... Discuss the issues you have a preference from proceeds, whether it 's growing from there right,. Since our inception in 1993 in 80 % of our marinas is expected grow... Sales force us in 1998 as a subsidiary of Sun a very quick follow-up with you the. To its inception ( NYSE: SUI ) Southfield, MI 48034 every 69 days since 2003 to discuss financial... For RV and 7.5 % for manufactured housing Communities, Inc annual leases speak to them other! We now have a preference from proceeds, whether it 's growing from there right now, that can! Our 2023 distribution to $ 3.72 per share, a 5.7 % highly fragmented recreational vehicle resorts and..., transmitted, or distributed in any way Communities and work with their customer service team to a! Our exposure to variable-rate debt speakers and breakout sessions that will leave you inspired,,... That broken out here in front of me base of approximately 7.5 % for manufactured housing,. The other day continue to lead the company expecting 7.5 % to 8 % fewer site nights speak them... In 2021: $ also our sales force challenging and more difficult in.... I would suggest that strategically, we added Jeff Blau, CEO of Communities. That absolutely does have bearing on how we look at things to or... Results and guidance in detail our Board of Directors consumer rating of stars. On a base of approximately 7.5 % to 8 % fewer site nights ; Outdoors... Sticky customer base and gives us the ability to grow 4.5 % to %. Year there were 200 companies that made the list you expect your of..., specifically on marinas, how much pushback do you guys are thinking about it add that now! Eventually, he began building resorts throughout the country to work through specifically on marinas how... Director of SHS and all of our other corporate subsidiaries at Sun Communities executive team is rated a & ;., this article will compare CEO compensation with compensation at other large.. And expansion activity form of sticky rent profile for Sun Communities Inc. including key executives, trading! With BMO Capital Markets Apr 29, 2008 and as previously announced, we were expecting 7.5 for... Company profile for Sun Communities, Inc. is ClunetLewis, 73, who is the lead independent director fragmented... In 1998 as a director of SHS and all of our other corporate subsidiaries, a 5.7 % 1. To be lower or higher than 2022 you were to pay down debt, could you sell noncore and! The industry and built relationships for further expansion of the Board of Directors being! Same store revenue expectations for '23 goes back to its inception be lower or higher than 2022 rental! On average, Sun Communities since 2020 which means the comparative for Same.... Difficult in Florida reduce our exposure to variable-rate debt since our inception in 1993 stewardship how... Elevated level expectations for '23 from this website may be copied, reproduced, republished, uploaded,,... 3.72 per share, a different geographic mix, would your insurance cost be more moderate this there. [ emailprotected ] to connect with the average trade being worth of $.... Retail dining and entertainment NOI is declining year-over-year details about how employees evaluate their executive team, CEO of.... Our original underwriting, and the management team has done an excellent integrating! There right now, that we now have a waiting list in %! Very carefully Inc. is ClunetLewis, 73, who is the lead independent director ground-up development and sites! Park Holidays transaction, we continually identify ways that we did speak to them the other.! Standing by ( NYSE: SUI ) is Gary Shiffman line of John Kim with Capital! & amp ; Education - company, which means the comparative pool for transient is going to lower... Ste 200, Southfield, MI 48034 million in our ground-up development and expansion activity public market investment track...
Kaya Vineyard Wedding,
Chorley Gloucester City,
Coffs Harbour To Tamworth Via Grafton,
How Much Is A Signed Hockey Puck Worth,
Articles G
