Sun Communities, Inc. (SUI)
Sun Communities is a self-administered and self-managed real estate investment trust. Co. is in the business of acquiring, operating, developing and expanding manufactured housing and recreational vehicle (RV) communities. Co. leases individual parcels of land (sites) with utility access for placement of manufactured homes and RVs to its customers. Co. is also engaged through a taxable subsidiary, Sun Home Services, Inc., (SHS), in the marketing, selling, and leasing of new and pre-owned homes. As of Dec 31 2014, Co. owned and operated a portfolio of 217 properties located in 29 states. At Dec 31 2014, SHS had 10,973 occupied leased homes in its portfolio.