Sun Communities, Inc.

REIT owning manufactured housing and RV communities in North America

What Sun Communities does

Sun Communities owns and runs communities where people live in manufactured (factory-built) homes, plus resorts and campgrounds for recreational vehicles (RVs). It has about 455 such properties with roughly 156,000 sites across the U.S. and Canada. It also holds 54 U.K. properties, which it reports as discontinued operations.

How Sun Communities makes money

As a REIT, it makes money mainly by renting developed sites in its manufactured housing and RV properties to residents and guests. It pays out much of that rental income to shareholders as dividends.

Products & services

• Manufactured housing (MH) communities
• RV resorts and campgrounds
• Developed homesite leasing
• U.K. holiday parks (discontinued operations)