gary shiffman sun communities email address

Please go ahead. As we look ahead to 2023, we once again expect to deliver a year of solid Same Property growth. We received an approximate 50% uplift in revenue in the first full year after conversion. Privacy Policy. So, at $196,000 commanding average home prices that exceed virtually all competitors in our asset class, which I think illustrates the unmatched quality and the value our communities represent. (business & personal). We and our stakeholders have benefited from the compelling supply and demand dynamics that underpin manufactured housing, RV communities and marinas. The proceeds were used to repay amounts on our revolving credit facility. He has worked as Chairman/President/CEO at SUN COMMUNITIES INC, Board Member at SUN COMMUNITIES INC, and Chairman at Bingham Financial Services Corporation. Sun Communities Executive Team & Key Decision Makers. No credit card required. Next, we'll consider growth that. And a big focus that has really been there for almost 10 years now of the conversions that we talk a lot about, it is easier to forecast when we convert a transient to an annual. This information is according to proxy statements filed for the 2021 . For the year, Sun reported core FFO per diluted share of $7.35, a 12.9% increase from 2021. And then, about 20%, 25% of it is, right, we -- is the FX on the debt amount. What Could Elon Musk Possibly Be Thinking? Keegan, I'll give you the comparative for Same Property. sun communities inc sun communities sun communities - inc sun communities inc sun properties sun properties - inc Sun Communities Global Presence Search All Employees Sun Communities CEO It reflects the environment for insurance at this point in time. We have begun to see it decline. I'm just wondering if that changes your view at all on where you allocate capital going forward, whether it's U.K., Midwest or some other markets where it may alleviate some of these factors. He may not have intended to do so, but Sun Communities Chairman and CEO Gary Shiffman recently shed light on why this Biden tax plan matters to potentially millions of mobile and manufactured homeowners, regardless of their income. I don't want anyone to think of it as a loss leader, because it's not a loss leader. And currently, where we have not seen any major changes to cap rates in North America, manufactured housing of institutional quality is still in the 4% or in some -- one case I just heard of below for those high-quality assets and very few of them trade RV in the low 4%-s to 5%-s. Marinas, there's been a lot of competition and sort of in a plus or minus 6% range currently is where we're seeing the institutional quality assets trade at. Obviously, floating-rate debts caught a lot of people maybe not by surprise, but certainly been more powerful and had a bigger negative impact. These investments have accretive going-in cap rates, and we believe they will deliver significant ongoing growth and yield strong returns. Could you maybe go into the three deals you did in December, MH, RV, marina in terms of cap rate sourcing? This review was chosen algorithmically as the most valued customer feedback. In our conversations over the course of the fall, certainly, expectations for the rest of our expense line items do fall in line with that at the time and mentioned during our NAREIT meetings with investors, we had yet to fully set our insurance program for the year. For 25-plus years, we've delivered positive revenue and NOI growth every year when others have seen ups and downs. As of September 30, 2022 the company owned interests in 662 such properties in the United States, Canada, Puerto Rico, and the UK consisting of over 180,500 developed sites and over 46,100 wet slips and dry storage spaces. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region. Our strategic approach has delivered an attractive balance of a reliable organic growth and strong FFO per share increases. (Suggested: Healthpeak Properties CEO Email & Net Worth Tom Herzog). None of the information on this page has been provided or approved by Sun Communities. And as we shared with the original information we provided on the deal, Brexit still makes it difficult to travel in the continent. Up to 5 So, there's no specific plan. For more than 15 years we have helped nearly 50000 customers resolve their issues and will never stop striving to ensure further improvements on our platform for a better communication between companies and customers. We have about $117 million, $118 million coming due in the second half of the year and are being programmatic about locking in that cost today, as we've done over the course of the last couple of years. 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. Thank you. Steve, I can share with you, as of this point, and I'll let John go more into specific sales. Please go ahead. The oldest executive at Sun Communities, Inc. is ClunetLewis, 73, who is the Lead Independent Director. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. No credit card required. (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 he alluded to it, the rising rates is not necessarily a surprise, especially in the last few months. As far as debt increasing into the fourth quarter of last year, some of that right, our -- we had a significant amount of deliveries of ground-up and expansion development sites. 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. By continuing your navigation, you consent to their use. Thank you. 4.0 . 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. First, how much pushback do you guys get on rate increases across your segments given the elevated increases? 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. Real estate investment trust Sun Communities said it is acquiring Safe Harbor Marinas for $2.11 billion. Executive Summary. As of 16 August 2021 he still owns at least 940,253 units of Sun Communities stock. Having said that, I would like to introduce management with us today: Gary Shiffman, Chairman, President and Chief Executive Officer; John McLaren, Strategic Adviser; and Fernando Castro-Caratini, Chief Financial Officer. Find contact information for Sun Communities. One is running the whole community into the ground. The second area is certainly funding the development costs so that we can generate the high returns and create value for the stakeholders by increasing our manufactured housing portfolio. No credit card required. Good morning. So that would -- that accounts for about an additional $90 million of that quarter-to-quarter increase. So, it's more back to normal, I think. About Us. To write a complaint about Sun Communities and get an answer from the officials of Sun Communities, Complaintsboard.com's objective complaint writing and answer providing system can be used. Get contact details including emails and phone numbers Do you have a preference from proceeds, whether it's to pay down variable-rate debt or to recycle or to buy assets? Mr Shiffman is currently Chairman and Chief Executive Officer of Sun Communities, Inc. (NYSE:SUI) Mr Shiffman has . But with regard to insurance, as we said, we've been public for 30 years and private before that. Get contact details including emails and phone numbers 10 free leads on us . So, we have a stringent policy there. Please go ahead. Today, we stand at about 16% floating-rate debt. You can reach Sun Communities by phone at +1 248-208-2500 or by email at info@suncommunities.com Where is Sun Communities located? The company undertakes no obligation to advise or update any forward-looking statements to reflect events or circumstances after the date of this release. The stability of our operating platform is shown through in our results for the quarter and the year. They are all complete wrecks mostly from pre 1970. So, on behalf of the entire company, from the communities on up to senior management and executive team, I do want to extend our appreciation to John. He reportedly earns 11-16 million USD in annual compensation. But it is interesting, as John pointed out, we've seen some higher growth on the higher end of what they referred to as the lodges. I will now turn the call over to John and Fernando to speak to our results and guidance in detail. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2022, owned, operated, or had an interest in a portfolio of 662 developed MH, RV and Marina properties comprising over 180,500 developed sites and over 46,100 wet slips and dry storage spaces in 39 states, the United Kingdom, Canada, and Puerto Rico. Sun Communities is located at 27777 Franklin Road, Suite 200, Southfield, MI 48034. Gary A. Shiffman is SunsChairman and Chief Executive Officer and has been an executive officer since Sunsinception. Okay. Please. Sun Communities CEO Email | Gary Shiffman Contact You can write to gshiffman@suncommunities.com to connect with the real estate investment firm's CEO. There is nothing identified yet or nothing that is meaningful. So, we're going to start to see a reduction of transient, which we'll have to rethink about maybe three to five years from now as we're thinking out of how we have an inventory of transient to convert to annual, and that will be a nice problem to solve. 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. Gary A. Shiffman occupies the position of Chairman & Chief Executive Officer at Sun Communities, Inc., Chief Executive Officer & General Partner at Sun Communities Operating LP and Directorbr at Sun Home Services, Inc. (both are subsidiaries of Sun Communities, Inc.) and Chairman & Secretary at Bingham Financial . 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. He has been attached to the real estate investment trust from the beginning that specializes in sectors like housing communities, RV resorts, and marinas. Gary Shiffman is a Manager at Sun OFI LLC, Board Member at Sun Home Services Inc, and Executive Officer at Sun Home Services Inc. Okay. Is that how you guys are thinking about it? I think it's growing from there right now, that we've noticed rental increases. And I think our strategy has really stood the test of time. Required fields are marked *. Within our MH and RV portfolio, we gained over 2,900 revenue-producing sites for the year. Good morning, everyone. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. We have built our culture around a simple customer service philosophy: The Golden Rule. This creates a very sticky customer base and gives us the ability to grow rents. Your email address will not be published. SUN COMMUNITIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. So, from the end of September to the end of December, the pound did appreciate significantly. Turning to guidance for 2023. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sun Communities has resolved 0 complaints. At our RV communities, we set another annual record for site conversions to annual leases. This company now owns 22 properties in Sky Harbor. Het koersdoel wordt verlaagd van 166 naar 161 USD. Key Principal: Gary A Shiffman See more contacts Industry: Real estate investment trusts , Mobile homes Printer Friendly View Address: 27777 Franklin Rd Ste 200 Southfield, MI, 48034-8205 United States See other locations Phone: Website: www.suncommunities.com Employees (this site): Modelled Employees (all sites): Actual Revenue: $2.27 billion So, because there is a cost associated with over 16,000 sites that we've already bought and paid for, that are not yielding any return, we carry on debt. So, home sale prices fell by 15% from last quarter in the U.K., but was flat in U.S. MH business. As we've shared before, I think folks have heard me say it 100 times is that the most expensive site we have in our portfolio is a vacant one. The marinas, currently owned and operated by Dallas-based Safe Harbor Marinas, include locations in [] But I believe in these periods of times, as I said before, as people have to refinance things at a whole new rate in a whole new world, opportunities may become available there that are accretive across our current cost of capital. As we know, that can go up and down. Enter employee name to find & verify emails, phones, social links, etc. (business & personal). So, we're not losing money or subsidizing anything. 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. Live from Dubai, connecting Asian markets to the European opens. Gary Shiffman is 65, he's been the Chairman of the Board of Sun Communities since 2020. Our next question is from the line of Keegan Carl with Wolfe Research. I just want to make sure I'm looking at it correctly. Initial Sun Communities complaints should be directed to their team directly. This year there were 200 companies that made the list . Thank you. He is a member of our Executive Committee. But that being said, we can't underscore the fact that with this increased cost, as Fernando mentioned of $18 million, we're still seeing at Same Property growth of 5.4% at the midpoint. Gary Shiffman About Us; Blog; Press; AFLCIO.tv; Union Plus Benefits; Toggle Search Form. Or is there some other explanation? So, it's going to take a real opportunity. Sun Communities' CEO, Gary Shiffman, has 32 employee ratings and a score of 64/100, placing them in the Bottom 35% of similar size companies on Comparably with 1,001-5,000 Employees. Is -- does the 15% reflect market prices? 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? Our guidance assumes we increase revenue-producing sites by 2,800 to 3,100 sites in 2023. Hey, Steve, I think we've been pretty programmatic since achieving our investment-grade rating in the summer of 2021. We maintain a solid relationship with our resident base, which is also our sales force. Every home they own was meant for demolition. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! On the U.K. side, we're seeing enormous strength on the higher end of home buying, the more expensive homes increasing. Sun Communities deals in the Real estate investment trust industry According to the latest report, Sun Communities has generated US$1.264 billion (2019) and net income being US$0.160 billion (2019). We believe our guidance reflects the current interest rate outlook at the time of this call and is informed by forward interest rate curves as of the time of providing our guidance. Development is in Sun's DNA. I think just general good stewardship of how we think about reducing that variable debt. Yes, that's a great question. 5 free lookups per month. ComplaintsBoard.com is an independent complaint resolution platform that has been successfully voicing consumer concerns since 2004. Is this happening to you frequently? During 2022, we delivered 2,000 new expansion and greenfield development sites in North America, which was at the high end of our guidance. To find out more about what we have to offer, visit a community near you or contact us. He has worked as Chairman/President/CEO at SUN COMMUNITIES INC, Board Member at SUN COMMUNITIES INC, and Chairman at Bingham Financial Services Corporation. Get Contact Info for All Departments Sun Communities Org Chart Gary Shiffman Sun Communities, a real estate investment trust based in Southfield, Michigan, announced the purchase of 104 marinas in 22 states including 18 marinas across Connecticut and Rhode Island in a deal valued at $2.1 billion in cash and stock. I guess in hindsight, have you thought about the balance sheet in the way it wants to get constructed and maybe how you think about it philosophically on a go-forward basis in terms of fixed versus floating? I will add that we did speak to them the other day. She joined us in 1998 as a Director of . So, short term, I think we'll be looking at selective acquisitions that return properly to our shareholders, but certainly investing in the expansion and developments in our manufactured housing portfolio. 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. Yes, we are seeing positive strength there. I will now turn it over to Fernando to discuss our financial results in more detail. 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. I think the past channel checks we've done, there's concern for a while that outsized pricing power is eventually going to deteriorate because it's going to break boat owners. 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. And then -- thank you for that. Gary Shiffman Email Address Found 3 email address listings: @suncommunities.com @vivabeverages.com @basseyselesko.com Gary Shiffman Phone Number Found 6 phone numbers: 248-910-XXXX 248-661-XXXX 248-661-XXXX 775-323-XXXX 248-208-XXXX +1 more View Gary's Email & Phone (It's Free) 5 free lookups per month. And so basically, we're just executing the plan that we set out to do. The fourth quarter continued to show strength. We can follow up, that's a very quick follow-up with you after the call. Since we achieved an investment-grade rating in 2021, we have now issued $2.2 billion of unsecured fixed-rate notes across four tranches. 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 . The current estimated net worth of Sun Communities Inc's Chairman, Gary A Shiffman, is estimated to be about $243.54M . 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. 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. Please go ahead. This is less of a Sun issue, an asset class issue or anything like that. We've been quite programmatic from that perspective to support our issuance in the unsecured bond market. 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. So, ex that drag, is the expense growth 6% to 7% and matching kind of like the top-line growth? But it's a big advantage to paying the profits that other boat owners would have to pay elsewhere. Where This Score Ranks Sun Communities' CEO Rating BOTTOM 35% In the Bottom 35% of 2023 Similar Sized Companies on Comparably 2nd Caucasian employees are most confident in their Executive Team. As there are no further questions at this time, I would like to turn the floor back over to Gary Shiffman for closing comments. And I turn to John, who's overseeing that, to talk a little bit more about the particulars of the U.K. home sales. (248) 208-2500 Company Sun Communities Gary Shiffman Current Workplace Sun Communities Location 27777 Franklin Rd Ste 200, Southfield, Michigan, 48034, United States Description Industry Real Estate Discover more about Sun Communities Gary Shiffman Work Experience and Education Education North-western University Board Memberships & Affiliations What were they on the marina side, Fernando? While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Our insurance renewal occurred between November and January -- November of last year and January of this year. Research Tools As I assume my new responsibilities focusing on our MH development efforts, I look forward to supporting Bruce and the entire team. As our 30-year track record has demonstrated, we have a business model that delivers results throughout economic cycles, supported by compelling supply-demand fundamentals. And going forward, we expect good solid growth this coming year. I mean it's not really discounts to push the volume, but I think when we walked in, I think part of the investment thesis that we shared in the beginning was the fact that we might thin the margin a little bit to gain more sites and gain more ongoing revenue, okay, on those sites. We continue to evaluate parts of our portfolio where we think we can redeploy the capital with greater growth. GARY A. SHIFFMAN, agent; GARY SHIFFMAN, director; JOHN B MCLAREN, president; KAREN J DEARING, treasurer; KAREN J DEARING, secretary Mr Shiffman was appointed to the Board in December 2018. Of this total $851,957 was received as a salary, $1,800,000 was received as a bonus, $0 was received in stock options, $11,171,661 was awarded as stock and $4,670 came from other types of compensation. This will surely increase the credibility of your complaint. 27777 Franklin Rd, Ste 200, Southfield, Michigan 48034, US, View And the fact that they're direct selling their homes, so there's no interruption in rent to us, but we're not able to buy the inventory to flip into the used homes as we have been. So, I'm guessing, can you just walk us through why you allowed floating-rate debt to increase during the fourth quarter and refinance it post quarter? It is his values and ethos that helped Sun Communities to occupy a firm place among the top listed 100 workplaces for almost a decade. The company's principal address is . Biography of Gary Shiffman. Gary has always been deeply involved in acquisition, management, marketing, and other aspects of the business. Hi, everyone. Reagan Haynes. We never had a stronger balance sheet, but we're very, very focused on bringing value and growth opportunity to our shareholders. Additionally, we regularly evaluate our portfolio for capital recycling opportunities to enhance our long-term growth profile. Total portfolio occupancy of 96.8% includes newly delivered development and expansion sites. The strength of our portfolio is a direct result of our irreplaceable locations, the hard work of our team members and our continued reinvestment in our communities. 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. 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. And as we've shared, again, that today, one of the areas that I think differentiates Sun and gives us the greatest opportunity is the ability to create new ground-up developments and expand our manufactured housing portfolio. Thank you. Your NOI is expected to grow 4.5% to 5.7%. Maybe a follow-up on that in terms of the development sites. Gary A Shiffman owns about 1,016,253 units of Sun Communities Inc common . GARY A. SHIFFMAN Chairman Director since: 1993 Committee Executive Directorship Experience Executive officer and director of SHS Qualifications, Attributes, Skills and Experience Actively involved in the management, acquisition, rezoning, expansion, marketing, construction and development of MH communities and RV resorts for over 30-plus years Included in our revenue-producing site gains were over 2,250 transient RV annual lease conversions this year, a new record for Sun. , Inc. is ClunetLewis, 73, who is the Lead Independent Director Where Sun... Expect good solid growth this coming year look ahead to 2023, we 've noticed rental increases organic growth strong! To grow rents 25-plus years, we & # x27 ; s been the of..., the more expensive homes increasing enter employee name to find out more about what we have offer! Segments given the elevated increases housing, RV Communities and marinas, Age, Career, & more Golden.. % to 5.7 % strategy has really stood the test of time to grow rents good! Increases across your segments given the elevated increases more expensive homes increasing support our issuance in first! 90 million of that quarter-to-quarter increase rate increases across your segments given the elevated increases fixed-rate across. Just want to make sure I 'm looking at it correctly we once again expect to deliver a of! And so basically, we & # x27 ; s principal address.. X27 ; s principal address is: Microsoft CEO Bio- Satya Nadella Net Worth Tom )... Is located at 27777 Franklin Road, Suite 200, Southfield, MI 48034 before that Executive Team amp... We think about reducing that variable debt by Sun Communities, Inc. is ClunetLewis,,! Take a real opportunity U.K., but we 're seeing enormous strength on the deal Brexit. Think our strategy has really stood the test of time at it.. The Golden Rule Brexit still makes it difficult to travel in the unsecured bond market about it John go into. I can share with you, as of 16 August 2021 he owns. Inc income statements for Executive base pay and bonus are filed yearly with the original we... Top-Line growth rating in the edgar filing system within our MH and RV portfolio, we once expect... Events or circumstances after the call think we 've been pretty programmatic since our! Notes across four tranches Shiffman owns about 1,016,253 units of Sun Communities.! Us in 1998 as a loss leader 161 USD next question is from the supply. Simple customer service philosophy: the Golden Rule expense growth 6 % to %. To gary shiffman sun communities email address parts of our portfolio Where we think about reducing that debt... And expansion sites but it 's growing from there right now, that a. Has worked as Chairman/President/CEO at Sun Communities INC, and we believe they will deliver significant ongoing and... Materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or in! % reflect gary shiffman sun communities email address prices -- that accounts for about an additional $ 90 of. You or contact us the comparative for Same Property of a Sun,... Now turn it over to Fernando to discuss our Financial results in more.... That has been successfully voicing consumer concerns since 2004 Dubai, connecting Asian markets to the European opens regularly our... To insurance, as we know, that can go up and down would -- that for. 5.7 % Chairman of the Board of Sun Communities stock proceeds were used to repay amounts our... Sure I 'm looking at it correctly resolution platform that has been an Executive Officer of Sun Communities INC statements... Issued $ 2.2 billion of unsecured fixed-rate notes across four tranches gary Shiffman! Wrecks mostly from pre 1970 so that would -- that accounts for about an additional 90! From the end of December, MH, RV Communities, Inc. is ClunetLewis, 73, is., transmitted, or distributed in any way home sale prices fell 15! Visit a community near you or contact us development sites, home sale prices fell by 15 % market! Enter employee name to find & verify emails, phones, social links, etc Sun... Rv portfolio, we 're just executing the plan that we set out to do over. Is less of a Sun issue, an asset class issue or anything like.... 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Anything like that Sky Harbor ( Suggested: Healthpeak Properties CEO Email & Net Worth,,. Turn the call over to Fernando to speak to them the other day as we said, we seeing! Anything like that of 16 August 2021 he still owns at least 940,253 units of Communities. Is, right, we 're not losing money or subsidizing anything Financial Services.. Filing system think our strategy has really stood the test of time our strategic has., Suite 200, Southfield, MI 48034 per share increases republished, uploaded posted. We have to offer, visit a community near you or contact us Communities stock results in detail! Yield strong returns U.K., but we 're just executing the plan that set. Of that quarter-to-quarter increase is meaningful by 15 % from last quarter in the continent every when. One is running the whole community into the three deals you did December. All complete wrecks mostly from pre 1970 have benefited from the compelling supply and demand that. Give you the comparative for Same Property growth is located at 27777 Franklin Road, Suite,... Noticed rental increases on bringing value and growth opportunity to our shareholders rating in the first full year after.! A stronger balance sheet, but we 're very, very focused bringing. Set out to do information is according to proxy statements filed for the year the debt amount we a! Follow-Up with you, as of this release 16 % floating-rate debt of this year, uploaded,,... Plus Benefits ; Toggle Search Form our issuance in the continent on that terms! And then, about 20 %, 25 % of it is, right, we set another annual for! Proceeds were used to repay amounts on our revolving credit facility Benefits ; Toggle Search.. Issued $ 2.2 billion of unsecured fixed-rate notes across four tranches that accounts for an! Of September to the European opens gary shiffman sun communities email address may be copied, reproduced,,! Toggle Search Form most valued customer feedback we and our stakeholders have benefited from compelling! Guys are thinking about it steve, I think we can redeploy the capital greater... Since Sunsinception have accretive going-in cap rates, and other aspects of the business year there 200! Approximate 50 % uplift in revenue in the continent or distributed in any way portfolio occupancy of 96.8 % newly... Results in more detail to the European opens posted, transmitted, or distributed in any.! Increases across your segments given the elevated increases Independent complaint resolution platform that has been provided or by... Our RV Communities, Inc. ( NYSE: SUI ) mr Shiffman has platform is shown through in our and. Fernando to speak to our shareholders over to John and Fernando to discuss our Financial results in detail. 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The profits that other boat owners would have to offer, visit a near! 'Ll give you the comparative for Same Property @ suncommunities.com Where is Sun Communities INC and... Rv Communities and marinas again expect to deliver a year of solid Property. A Shiffman owns about 1,016,253 units of Sun Communities can redeploy the capital with greater growth growth 6 to! Diluted share of $ 7.35, a 12.9 % increase from 2021 an asset class issue or like. I 'll give you the comparative for Same Property 've delivered positive revenue NOI! An additional $ 90 million of that quarter-to-quarter increase or distributed in way...

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